UBS raises target for Wheaton Precious Metals stock from USD 153 to USD 160

Published on 10/20/2026 at 10:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wheaton Precious Metals stock costs EUR 116.78 on October 20, 2026 at Lang & Schwarz. Q2 revenue reached USD 929.2 million.

Targets results and market levels

UBS lifted its Wheaton Precious Metals target to USD 160.00 from USD 153.00 on October 8, 2026.
Second-quarter 2026 revenue reached USD 929.2 million, up 85.00 percent year over year.
Wheaton Precious Metals stock traded at EUR 116.78 at 10:43 a.m. CEST at Lang & Schwarz on October 20, 2026.
Third-quarter 2026 results are scheduled for November 5, 2026.

WPM, CA9628791027, Illustration mit AI erstellt.

Wheaton Precious Metals Corp. (ISIN CA9628791027) is trading at EUR 116.78 at Lang & Schwarz on October 20, 2026 at 10:43 a.m. CEST. On October 8, 2026, UBS analyst Daniel Major raised the price target from USD 153.00 to USD 160.00 while keeping a Buy rating, as Markets Insider reported.

Three dates shape the story

On August 7, 2026, Wheaton reported second-quarter production of 202,000 gold-equivalent ounces, sales volumes of 209,000 ounces and revenue of USD 929.2 million, up 85.00 percent year over year, according to the Yahoo Finance transcript. On October 6, 2026, the company announced that it would publish third-quarter results on November 5, 2026. On October 8, 2026, UBS lifted its target to USD 160.00 from USD 153.00, according to Markets Insider.

What does the target change mean?

The UBS move gives investors a fresh valuation reference, while the second-quarter figures show the operating scale behind the streaming model. Adjusted earnings per share were not used here because the available evidence identifies the reported figure as earnings per share of USD 1.19 against a USD 1.15 consensus estimate, a USD 0.04 difference, according to Zacks. Operating cash flow reached USD 649.5 million in the second quarter of 2026, while net income was USD 543.2 million.

November brings the next tests

Wheaton is scheduled to release third-quarter 2026 results on November 5, 2026, after the market close, followed by a conference call on November 6, 2026, at 11:00 a.m. ET, according to the company's Wheaton Precious Metals release. The next report will show whether the strong first-half operating trend continued into the second half.

Stock level and valuation context

Wheaton's primary listing is on the NYSE, where the stock last stood at USD 131.99 on October 19, 2026, before the October 20 session. Its market capitalization was USD 59.9 billion, and the 52-week range was USD 92.57 to USD 165.76, both as of October 19, 2026. The stock was trading at EUR 116.78 at Lang & Schwarz on October 20, 2026 at 10:43 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Wheaton Precious Metals stock.