UBS raised target for Wheaton Precious Metals stock
Published on 10/14/2026 at 12:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSStreaming growth and targets
- UBS set a USD 160.00 target after USD 153.00 on October 8, 2026.
- Wheaton targets 1.2 million gold-equivalent ounces by 2030 after 50 percent production growth.
- Wheaton Precious Metals stock trades at EUR 120.90 at 12:03 p.m. CEST at Lang & Schwarz on October 14, 2026.
Wheaton Precious Metals (ISIN CA9628791027) was trading at EUR 120.90 at Lang & Schwarz on October 14, 2026 at 12:03 p.m. CEST. On October 8, 2026, UBS raised its target from USD 153.00 to USD 160.00 while maintaining a Buy rating, according to Yahoo Finance.
Target reset meets strong results
The latest operating figures give the target revision a stronger numerical backdrop. In the second quarter of 2026, revenue reached USD 929.20 million and net income attributable to common shareholders was USD 543.24 million, according to the financial results reported by MarketBeat.
MarketBeat also reported second-quarter earnings per share of USD 1.19 versus a USD 1.15 consensus estimate on August 6, 2026, a USD 0.04 beat. The same report put revenue growth at 84.70 percent year over year, showing how strongly higher precious-metals prices and additional streams affected the period.
What supports the growth case?
Yahoo Finance reported on October 13, 2026 that Wheaton expects production to increase 50.00 percent to 1.20 million gold-equivalent ounces by 2030. The company also expects development assets including Koné, Fenix and Platreef to add production as projects move through construction and ramp-up.
The second-quarter production figure was 202,000 gold-equivalent ounces, while sales volumes reached 209,000 ounces, according to the same October 13 report. That sales figure was 14.00 percent higher than a year earlier, making volume growth an important counterweight to the stock's premium valuation.
Three dated milestones
On April 1, 2026, Wheaton funded a USD 4.30 billion payment to BHP for the Antamina silver stream, according to the second-quarter earnings-call transcript summarized by Yahoo Finance. On August 6, 2026, the company reported USD 929.20 million of second-quarter revenue. On October 8, 2026, UBS raised its target to USD 160.00 from USD 153.00.
Upcoming reporting date
Wheaton's next earnings date is November 5, 2026, according to Yahoo Finance. The date gives investors a defined checkpoint for production delivery, realized metal prices and cash flow after the Antamina transaction.
Stock trades at EUR 120.90
Wheaton Precious Metals was trading at EUR 120.90 at Lang & Schwarz on October 14, 2026 at 12:03 p.m. CEST. A separate primary-exchange quote was USD 136.03 at the NYSE on October 13, 2026, while the 52-week range was USD 92.57 to USD 165.76 and market capitalization was USD 61.8 billion as of October 13, 2026.
The further course of trading is shown by the continuously updated real-time quote of Wheaton Precious Metals stock.
Wheaton Precious Metals key figures
- Company: Wheaton Precious Metals Corp.
- ISIN: CA9628791027
- Ticker: WPM
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 14, 2026, 12:03 p.m. CEST): EUR 120.90
- Market capitalization: USD 61.8 billion (as of October 13, 2026)
- 52-week range: USD 92.57-165.76 (as of October 13, 2026)
- Sector / Industry: Basic Materials / Gold
- Next earnings date: November 5, 2026
Market context: Market report S&P/TSX Composite.
