Wheaton Precious Metals (NYSE:WPM) Price Target Lowered to $145.00 at Bank of America

Posted by Stanley Muller on Jul 9th, 2026

Wheaton Precious Metals (NYSE:WPM – Get Free Report) had its target price lowered by Bank of America from $163.00 to $145.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Bank of America‘s price target would suggest a potential upside of 34.86% from the stock’s previous close.

Several other analysts have also recently commented on the stock. TD Securities raised their price target on shares of Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, March 16th. Wall Street Zen lowered shares of Wheaton Precious Metals from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. TD Cowen increased their target price on shares of Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. UBS Group cut their target price on shares of Wheaton Precious Metals from $165.00 to $150.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Finally, Scotiabank lifted their target price on shares of Wheaton Precious Metals from $178.00 to $180.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Twelve research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $158.82.

Get Our Latest Stock Analysis on Wheaton Precious Metals

Wheaton Precious Metals Trading Down 3.9%

Shares of NYSE WPM opened at $107.52 on Thursday. Wheaton Precious Metals has a one year low of $86.35 and a one year high of $165.76. The firm has a market capitalization of $48.83 billion, a PE ratio of 27.15, a PEG ratio of 2.11 and a beta of 0.55. The business has a 50-day moving average price of $123.66 and a two-hundred day moving average price of $132.71.

Wheaton Precious Metals (NYSE:WPM – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.04. The company had revenue of $901.47 million for the quarter, compared to analysts’ expectations of $868.35 million. Wheaton Precious Metals had a return on equity of 20.20% and a net margin of 65.55%.The business’s revenue for the quarter was up 91.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.55 EPS. Research analysts anticipate that Wheaton Precious Metals will post 4.99 EPS for the current year.

Institutional Investors Weigh In On Wheaton Precious Metals

Large investors have recently made changes to their positions in the company. Norges Bank bought a new position in Wheaton Precious Metals during the fourth quarter valued at approximately $864,977,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Wheaton Precious Metals by 36.2% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,955,810 shares of the company’s stock valued at $777,938,000 after purchasing an additional 1,847,977 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Wheaton Precious Metals by 40.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 5,912,588 shares of the company’s stock valued at $694,951,000 after purchasing an additional 1,715,540 shares during the last quarter. Van ECK Associates Corp lifted its stake 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 purchasing an additional 1,402,092 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings in Wheaton Precious Metals by 1,655.4% in the third quarter. Qube Research & Technologies Ltd now owns 1,245,766 shares of the company’s stock worth $139,333,000 after purchasing an additional 1,174,799 shares in the last quarter. Institutional investors own 70.34% of the company’s stock.

About Wheaton Precious Metals

(Get Free Report)

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.