Q1 Earnings Forecast for TSE:WPM Issued By Zacks Research

Wheaton Precious Metals Corp. (TSE:WPM) – Equities research analysts at Zacks Research dropped their Q1 2026 earnings estimates for Wheaton Precious Metals in a report issued on Thursday, March 26th. Zacks Research analyst Team now anticipates that the company will post earnings of $1.11 per share for the quarter, down from their previous estimate of $1.15. 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’ Q4 2026 earnings at $1.12 EPS and Q4 2027 earnings at $1.11 EPS.

A number of other brokerages have also recently commented on WPM. Royal Bank Of Canada raised Wheaton Precious Metals from a “hold” rating to a “moderate buy” rating and set a C$130.00 price objective for the company in a research note on Wednesday, December 10th. National Bank Financial lifted their price target on shares of Wheaton Precious Metals from C$240.00 to C$245.00 and gave the company an “outperform” rating in a research report on Monday, March 16th. Stifel Nicolaus boosted their price target on shares of Wheaton Precious Metals from C$205.00 to C$240.00 in a research note on Tuesday, February 10th. Peel Hunt upped their price objective on shares of Wheaton Precious Metals from C$165.00 to C$240.00 in a report on Monday, February 2nd. Finally, TD Securities lifted their price objective on shares of Wheaton Precious Metals from C$164.00 to C$165.00 and gave the company a “buy” rating in a report on Monday, March 16th. Two research analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$197.86.

Wheaton Precious Metals Price Performance

Shares of Wheaton Precious Metals stock opened at C$172.65 on Monday. The business has a 50-day simple moving average of C$194.50 and a 200 day simple moving average of C$167.35. Wheaton Precious Metals has a one year low of C$96.18 and a one year high of C$226.68. The firm has a market capitalization of C$78.39 billion, a price-to-earnings ratio of 53.34 and a beta of 1.08.

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

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.