UBS raises target for Wheaton Precious Metals stock to USD 160.00

Published on 10/13/2026 at 11:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 929.20 million, up 85.00 percent year over year. Wheaton Precious Metals stock costs EUR 124.75 on October 13, 2026.

Key points in brief

UBS raised its Wheaton Precious Metals price target from USD 153.00 to USD 160.00 on October 8, 2026, while maintaining a Buy rating.
Second-quarter 2026 revenue reached USD 929.20 million, up 85.00 percent from the prior year, according to the earnings call transcript.
Lang & Schwarz quoted the stock at EUR 124.75 on October 13, 2026 at 11:15 a.m. CEST.
Wheaton is scheduled to release third-quarter 2026 results on November 5, 2026, followed by an investor call on November 6.

WPM, CA9628791027, Illustration mit AI erstellt.

UBS analyst Daniel Major raised the price target for Wheaton Precious Metals (ISIN CA9628791027) to USD 160.00 from USD 153.00 on October 8, 2026, while maintaining a Buy rating, according to Markets Insider. The move gives the latest analyst view a concrete valuation reference as the streaming company approaches its next quarterly report.

Three events shaped the stock

On August 6, 2026, Wheaton reported second-quarter results that included USD 1.19 adjusted earnings per share and USD 878.00 million of revenue, according to MarketBeat. On October 6, 2026, the company set November 5, 2026 as the release date for its third-quarter results, according to its Form 6-K carried by StockTitan. On October 8, 2026, UBS lifted its target from USD 153.00 to USD 160.00 while keeping its Buy rating, as Markets Insider reported.

Revenue growth remains measurable

Wheaton's second-quarter 2026 revenue was USD 929.20 million, an increase of 85.00 percent from the prior year, while net earnings reached USD 543.24 million. Operating cash flow totaled USD 649.52 million in the quarter, according to the company's second-quarter earnings call transcript published by Yahoo Finance.

The operating picture also showed higher physical activity. Second-quarter production reached 202,000 gold equivalent ounces, up 6.00 percent year over year, while sales volumes reached 209,000 ounces, up 14.00 percent. Management retained 2026 production guidance of 860,000 to 940,000 gold equivalent ounces, with the second half weighted toward the Antamina stream and other ramping assets.

What comes before the next report?

Wheaton will release third-quarter 2026 results after the market close on November 5, 2026, and hold its conference call on November 6, 2026, at 11:00 a.m. ET, according to StockTitan. Those dates place the next test of revenue momentum and production execution ahead of the market's assessment of the raised UBS target.

Stock price and market frame

Wheaton Precious Metals was trading at EUR 124.75 at Lang & Schwarz on October 13, 2026 at 11:15 a.m. CEST. The primary NYSE quote was USD 138.11 as of October 12, 2026, while the 52-week range was USD 92.57 to USD 165.76. Market capitalization stood at USD 62.7 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.