UBS raises target to USD 160 for Wheaton Precious Metals stock

Published on 10/16/2026 at 09:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UBS lifted its target to USD 160 on October 8, 2026. Wheaton Precious Metals stock stood at EUR 118.75 at Lang & Schwarz on October 16, 2026.

Target revision and operating scale

UBS lifted its Wheaton Precious Metals target to USD 160 on October 8, 2026.
Second-quarter 2026 revenue reached USD 929.2 million, up 84.7 percent year over year.
Wheaton Precious Metals stock traded at EUR 118.75 at 9:29 a.m. CEST at Lang & Schwarz on October 16, 2026.

WPM, CA9628791027, Illustration mit AI erstellt.

Wheaton Precious Metals (ISIN CA9628791027) became the subject of a higher UBS target of USD 160 from USD 153 on October 8, 2026, while the bank kept its Buy rating, as reported by Markets Insider. The stock stood at EUR 118.75 at Lang & Schwarz on October 16, 2026 at 9:29 a.m. CEST.

Higher targets meet strong results

The UBS revision followed a powerful second quarter. Wheaton reported USD 929.2 million in revenue for the second quarter of 2026, while net income reached USD 543.2 million and diluted earnings per share stood at USD 1.19. The financial data show a margin of 58.00 percent for the period.

The operating comparison was also substantial. Second-quarter revenue increased 84.7 percent from the prior-year period, while net income rose 86.0 percent, according to Zacks. The company also expects production to rise 50.0 percent to 1.2 million gold-equivalent ounces by 2030.

Three milestones shape the story

On August 6, 2026, Wheaton reported second-quarter revenue of USD 929.2 million and diluted earnings per share of USD 1.19, according to MarketScreener. On September 16, 2026, Investor Day materials set a long-term production target of 1.2 million gold-equivalent ounces by 2030. On October 8, 2026, UBS raised its target from USD 153 to USD 160.

What dates matter next?

Wheaton is scheduled to release third-quarter 2026 results on November 5, 2026, after market close, according to StockTitan. The conference call is scheduled for November 6, 2026, at 11:00 a.m. ET. These dates make the next report the clearest test of whether the second-quarter acceleration is continuing.

Stock quote before the Xetra session

Wheaton Precious Metals operates as a precious metals streaming company, giving it exposure to gold, silver, palladium, platinum and cobalt without operating the mines itself. That model makes revenue growth and production additions central to the valuation debate.

The stock was trading at EUR 118.75 at Lang & Schwarz on October 16, 2026 at 9:29 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Wheaton Precious Metals stock.