Scotiabank keeps USD 175 target for Wheaton Precious Metals stock

Published on 10/06/2026 at 16:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The USD 175.00 target was reiterated on September 17, 2026. Wheaton Precious Metals stock was last EUR 125.40 on September 25, 2026.

WPM, CA9628791027, Illustration mit AI erstellt.

Wheaton Precious Metals Corp. (CA9628791027) has a USD 175.00 price target from Scotiabank, which reiterated its Sector Outperform rating on September 17, 2026, according to Investing.com. The analyst view puts the latest reported operating figures at the center of the valuation debate.

Quarterly revenue reaches USD 929.20 million

Wheaton generated USD 929.20 million of revenue in the second quarter of 2026 and attributable net income of USD 543.24 million, according to the standardized quarterly financial statement for the period ended June 30, 2026.

Boerse Express reported the same USD 929.00 million quarterly revenue figure and described it as an 85.00 percent increase from the prior-year period. The report also cited USD 543.00 million of net income and a 2026 production outlook of 860,000 to 940,000 gold equivalent ounces.

Analyst target remains above the quote

Scotiabank's USD 175.00 target is a separate valuation reference from the euro quote used for German investors. The target cannot be converted into a euro price without adding foreign-exchange risk, but it gives the market a clear benchmark for the streaming company's earnings growth.

Wheaton's second-quarter diluted earnings per share were USD 1.19, while MarketBeat reported a USD 1.15 consensus estimate for the quarter, a USD 0.04 difference, in its October 2, 2026 analysis. The same report cited revenue of USD 878.00 million, which differs from the USD 929.20 million standardized figure for the period and illustrates the importance of checking the reporting basis.

FSE quote and NYSE context

The substitute price was last EUR 125.40 on the FSE on September 25, 2026 at 5:13 p.m. CEST, plus 0.32 percent versus the EUR 125.00 prior close. The NYSE quote was USD 135.49 on October 6, 2026 at 10:49 a.m. EDT, down 0.57 percent from USD 136.27, while the 52-week range was USD 92.57 to USD 165.76.

Wheaton Precious Metals common shares trade on the NYSE under WPM, as stated on the company's shareholder information page. Its streaming model finances mining partners in return for rights to future metal production, leaving revenue and valuation sensitive to metal prices and partner output.