Wheaton Precious Metals Corp. (WPM)
NYSE: WPM · IEX Real-Time Price · USD
52.56
+0.08 (0.15%)
Apr 24, 2024, 4:00 PM EDT - Market closed
Wheaton Precious Metals Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for WPM stock have an average target of 54.75, with a low estimate of 41 and a high estimate of 72.5. The average target predicts an increase of 4.17% from the current stock price of 52.56.
Analyst Consensus: Buy
* Price targets were last updated on Mar 18, 2024.
Analyst Ratings
The average analyst rating for WPM stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 2 | 2 | 2 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Securities | TD Securities | Hold → Strong Buy Upgrades $53 | Hold → Strong Buy | Upgrades | $53 | +0.84% | Mar 18, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $49 | Strong Buy | Initiates | $49 | -6.77% | Feb 29, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $60 → $59 | Buy | Maintains | $60 → $59 | +12.25% | Feb 28, 2024 |
| TD Securities | TD Securities | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Feb 21, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $58 → $57 | Buy | Maintains | $58 → $57 | +8.45% | Nov 10, 2023 |
Financial Forecast
Revenue This Year
1.18B
from 1.02B
Increased by 16.43%
Revenue Next Year
1.36B
from 1.18B
Increased by 15.13%
EPS This Year
1.14
from 1.19
Decreased by -4.23%
EPS Next Year
1.34
from 1.14
Increased by 18.11%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.5B | 1.6B | 1.8B | 1.3B |
| Avg | 1.2B | 1.4B | 1.4B | 1.3B |
| Low | 1.1B | 1.2B | 1.2B | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 50.2% | 36.5% | 29.6% | -4.8% |
| Avg | 16.4% | 15.1% | 3.2% | -8.5% |
| Low | 3.4% | 1.5% | -11.4% | -11.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.55 | 1.71 | 1.68 | 1.37 |
| Avg | 1.14 | 1.34 | 1.26 | 1.22 |
| Low | 0.84 | 0.98 | 0.95 | 1.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 31.0% | 50.7% | 25.2% | 8.3% |
| Avg | -4.2% | 18.1% | -6.1% | -3.3% |
| Low | -28.9% | -13.7% | -29.1% | -17.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.