Wheaton Precious Metals (NYSE:WPM) Lowered to “Buy” Rating by Wall Street Zen

Wheaton Precious Metals (NYSE:WPM) was downgraded by stock analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report released on Saturday.

A number of other research analysts also recently commented on WPM. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Wheaton Precious Metals in a research report on Wednesday, February 4th. Zacks Research downgraded shares of Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Jefferies Financial Group reaffirmed a “buy” rating and set a $145.00 price objective on shares of Wheaton Precious Metals in a report on Sunday, December 7th. UBS Group upgraded Wheaton Precious Metals from a “neutral” rating to a “buy” rating and set a $160.00 target price on the stock in a research report on Friday. Finally, TD Securities upped their target price on Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Thirteen research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $145.36.

Wheaton Precious Metals Stock Up 4.6%

Shares of WPM opened at $124.48 on Friday. The stock has a 50 day moving average price of $142.22 and a 200 day moving average price of $120.98. The company has a market capitalization of $56.52 billion, a price-to-earnings ratio of 38.42, a price-to-earnings-growth ratio of 1.70 and a beta of 0.50. Wheaton Precious Metals has a 52-week low of $68.03 and a 52-week high of $165.76.

Wheaton Precious Metals (NYSE:WPM) last released its quarterly earnings data on Thursday, March 12th. The company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.31. The company had revenue of $864.71 million for the quarter, compared to analysts’ expectations 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 last year, the company earned $0.44 earnings per share. On average, equities analysts anticipate that Wheaton Precious Metals will post 1.46 EPS for the current fiscal year.

Hedge Funds Weigh In On Wheaton Precious Metals

Institutional investors have recently added to or reduced their stakes in the stock. Assetmark Inc. lifted its position in Wheaton Precious Metals by 144.4% during the 4th quarter. Assetmark Inc. now owns 220 shares of the company’s stock worth $26,000 after acquiring an additional 130 shares during the period. Nisa Investment Advisors LLC acquired a new position in shares of Wheaton Precious Metals in the third quarter valued at approximately $26,000. Harvest Fund Management Co. Ltd increased its holdings in shares of Wheaton Precious Metals by 100.0% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 234 shares of the company’s stock valued at $27,000 after purchasing an additional 117 shares during the period. Cary Street Partners Investment Advisory LLC purchased a new stake in shares of Wheaton Precious Metals during the fourth quarter worth approximately $28,000. Finally, Navalign LLC purchased a new stake in shares of Wheaton Precious Metals during the fourth quarter worth approximately $30,000. Institutional investors and hedge funds own 70.34% of the company’s stock.

Wheaton Precious Metals News Roundup

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

• Positive Sentiment: UBS upgraded WPM from “neutral” to “buy” and set a $160 price target (~28.5% upside vs. the current quote), signaling conviction from a major broker that the shares have meaningful upside. Article Title Article Title
• Positive Sentiment: Zacks Research increased several near-term and FY estimates for WPM (Q1/Q2/Q3 and FY2026/FY2028), and lifted FY2026 to $3.33 EPS from $3.25 — upgrades that improve the earnings outlook even though Zacks retains a “Hold” rating. (Source: MarketBeat summary of analyst notes) Article Title
• Positive Sentiment: Company fundamentals are supporting the outlook: WPM reported record operating cash flow (US$1.9B in 2025 vs US$1.03B in 2024), strong sales and net income for 2025, and the board approved an 18% increase in the quarterly dividend — concrete cash-generation and shareholder-return signals. Article Title
• Neutral Sentiment: Analyst commentary pieces from Zacks highlight WPM as a strong growth/quality name and question the sustainability of the free-cash-flow rally (key variables: production growth and gold prices). These are useful context items but mostly reinforce existing data rather than introduce new catalysts. Article Title

Wheaton Precious Metals Company Profile

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.