Zacks Research Issues Positive Outlook for TSE:WPM Earnings

Wheaton Precious Metals Corp. (TSE:WPM) – Analysts at Zacks Research upped their Q2 2026 earnings estimates for shares of Wheaton Precious Metals in a note issued to investors on Thursday, March 26th. Zacks Research analyst Team now expects that the company will earn $1.18 per share for the quarter, up from their previous estimate of $1.07. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q3 2026 earnings at $1.19 EPS, FY2026 earnings at $4.60 EPS, Q1 2027 earnings at $1.10 EPS, Q2 2027 earnings at $1.15 EPS, FY2027 earnings at $4.50 EPS and FY2028 earnings at $4.39 EPS.

Wheaton Precious Metals (TSE:WPM) last posted its earnings results on Thursday, March 12th. The company reported C$1.68 EPS for the quarter. Wheaton Precious Metals had a return on equity of 18.53% and a net margin of 63.59%.The firm had revenue of C$1.16 billion for the quarter.

A number of other brokerages have also issued reports on WPM. Peel Hunt increased their price target on Wheaton Precious Metals from C$165.00 to C$240.00 in a research note on Monday, February 2nd. Stifel Nicolaus upped their price target on shares of Wheaton Precious Metals from C$205.00 to C$240.00 in a report on Tuesday, February 10th. Canaccord Genuity Group raised their price objective on shares of Wheaton Precious Metals from C$220.00 to C$235.00 in a research report on Tuesday, February 17th. Royal Bank Of Canada raised shares of Wheaton Precious Metals from a “hold” rating to a “moderate buy” rating and set a C$130.00 target price for the company in a research note on Wednesday, December 10th. Finally, UBS Group upgraded shares of Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research report on Friday. Two investment analysts have rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of C$197.86.

Wheaton Precious Metals Stock Performance

TSE:WPM opened at C$172.65 on Friday. The stock has a market cap of C$78.39 billion, a price-to-earnings ratio of 53.34 and a beta of 1.08. Wheaton Precious Metals has a 1 year low of C$96.18 and a 1 year high of C$226.68. The business has a fifty day moving average of C$194.50 and a 200-day moving average of C$167.21.

Key Headlines Impacting Wheaton Precious Metals

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

• Positive Sentiment: UBS upgraded WPM to Buy, arguing that Wheaton’s low‑risk streaming model and diversified growth are underappreciated by the market — this upgrade likely boosted investor appetite today. UBS Upgrade Article
• Positive Sentiment: Zacks revised up multiple near‑term and fiscal EPS forecasts (Q2/Q3 2026, FY2026, FY2027 and FY2028), indicating analysts now expect stronger earnings — supports a higher valuation and helps justify buying interest. (Zacks / MarketBeat research notes)
• Neutral Sentiment: Coverage pieces are re‑examining WPM’s valuation after recent volatility; these analyses may keep trading active as investors reassess whether the premium P/E is warranted given growth expectations. Valuation Article
• Negative Sentiment: Berenberg cut its price target on Wheaton (to 13,000 GBp), a bearish signal that can cap upside and temper momentum coming from upgrades. Berenberg PT Cut
• Negative Sentiment: A recent article flagged Wheaton’s 2026 dividend increase and raised questions about sustainability — that could pressure sentiment if investors worry about payout coverage or capital allocation trade‑offs. Dividend Sustainability Article

Wheaton Precious Metals Company Profile

Wheaton is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.