TD Cowen Raises Wheaton Precious Metals (NYSE:WPM) Price Target to $165.00

Wheaton Precious Metals (NYSE:WPM) had its target price upped by stock analysts at TD Cowen from $164.00 to $165.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. TD Cowen’s target price suggests a potential upside of 20.44% from the stock’s current price.

Several other brokerages have also issued reports on WPM. Scotiabank reissued an “outperform” rating and issued a $175.00 price target on shares of Wheaton Precious Metals in a report on Monday, January 26th. Weiss Ratings reiterated a “buy (b)” rating on shares of Wheaton Precious Metals in a research note on Monday, December 29th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Wheaton Precious Metals in a research report on Wednesday, February 4th. Jefferies Financial Group reiterated a “buy” rating and issued a $145.00 price objective on shares of Wheaton Precious Metals in a research report on Sunday, December 7th. Finally, Zacks Research lowered shares of Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Twelve analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $145.18.

Wheaton Precious Metals Price Performance

NYSE WPM opened at $137.00 on Monday. The company’s fifty day moving average is $143.51 and its two-hundred day moving average is $120.20. Wheaton Precious Metals has a 52-week low of $68.03 and a 52-week high of $165.76. The firm has a market capitalization of $62.20 billion, a price-to-earnings ratio of 42.28, a P/E/G ratio of 2.08 and a beta of 0.50.

Wheaton Precious Metals (NYSE:WPM) last announced its quarterly earnings data on Thursday, March 12th. The company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.31. The business had revenue of $864.71 million during the quarter, compared to analyst estimates of $719.59 million. Wheaton Precious Metals had a net margin of 63.58% and a return on equity of 17.17%. The firm’s revenue for the quarter was up 127.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.44 earnings per share. As a group, sell-side analysts expect that Wheaton Precious Metals will post 1.46 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Wheaton Precious Metals

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its position in Wheaton Precious Metals by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 19,079,029 shares of the company’s stock worth $2,242,969,000 after acquiring an additional 289,939 shares in the last quarter. Van ECK Associates Corp grew its position in shares of Wheaton Precious Metals by 10.7% in the 4th quarter. Van ECK Associates Corp now owns 14,469,877 shares of the company’s stock valued at $1,700,517,000 after acquiring an additional 1,402,092 shares during the period. Capital International Investors increased its stake in shares of Wheaton Precious Metals by 1.2% during the 4th quarter. Capital International Investors now owns 7,595,725 shares of the company’s stock worth $892,650,000 after purchasing an additional 93,599 shares during the last quarter. Norges Bank acquired a new position in shares of Wheaton Precious Metals during the 4th quarter worth about $864,977,000. Finally, TD Asset Management Inc raised its holdings in shares of Wheaton Precious Metals by 0.5% in the 4th quarter. TD Asset Management Inc now owns 7,285,275 shares of the company’s stock valued at $857,598,000 after purchasing an additional 33,221 shares during the period. 70.34% of the stock is owned by institutional investors.

Key Headlines Impacting Wheaton Precious Metals

Here are the key news stories impacting Wheaton Precious Metals this week:

• Positive Sentiment: Record 2025 revenue and cash flow; production beat internal view and GEO output rose — management reported strong top-line and free-cash-flow metrics that support dividend sustainability and longer-term cash generation. Should WPM Stock Be Part of Your Portfolio Post Q4 Results?
• Positive Sentiment: Multiple analysts raised targets or reaffirmed bullish ratings after results — Scotiabank raised its target to C$178 (sector outperform), TD Securities and TD Cowen lifted targets to $165 (buy), and Stifel Canada maintained a buy with a C$240 target, signaling analyst confidence in earnings power. Scotiabank PT Raise (TickerReport) Benzinga Coverage of Analyst Moves
• Neutral Sentiment: Analyst commentary emphasizes strong FY2025 earnings outlook from Scotiabank and peers — supportive for medium-term upside but already reflected in elevated consensus estimates. Scotiabank Has Strong Forecast for WPM FY2025 Earnings
• Negative Sentiment: Rising costs weighed on the quarter — management flagged higher operating costs that moderated margin expansion despite revenue gains, a near-term earnings headwind that may explain profit-taking. Should WPM Stock Be Part of Your Portfolio Post Q4 Results?
• Negative Sentiment: Valuation remains rich — WPM trades at a high P/E and has climbed from last year’s lows, so even positive fundamentals face sensitivity to cost commentary and broader market sentiment. Zacks Q4 Summary

About Wheaton Precious Metals

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company that acquires and manages long-term purchase agreements for metals produced by mining companies. Rather than operating mines, Wheaton provides upfront and ongoing financing to miners in exchange for the right to purchase a portion of the metals produced — typically silver and gold, and occasionally other precious metals — at predetermined prices. This streaming business model offers investors exposure to metal production with reduced operating and capital-cost risk compared with traditional mining companies.

The company’s activities center on structuring and maintaining a diversified portfolio of streaming agreements across multiple jurisdictions.