Wheaton Precious Metals stock trades at USD 137.28 after Q2 growth

Published on 10/06/2026 at 17:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wheaton Precious Metals stock posted Q2 2026 revenue of USD 929.2 million and EPS of USD 1.19. Investor Day targets 1.2 million gold-equivalent ounces by 2030, up 50 percent from 2025.

WPM, CA9628791027, Illustration mit AI erstellt.

Wheaton Precious Metals (ISIN CA9628791027) was trading at USD 137.28 on the NYSE on October 6, 2026 at 11:18 a.m. ET, up 0.74 percent on the session. The company enters the next reporting cycle after Q2 2026 revenue of USD 929.2 million and earnings of USD 543.24 million, while EPS reached USD 1.19 versus a USD 1.16 estimate, according to Yahoo Finance on October 6, 2026.

Q2 earnings set the baseline

The Q2 figures give WPM a high-margin earnings base for the remainder of 2026. Revenue and earnings were both reported for Q2 FY26, and the USD 0.03 EPS gap versus the estimate provides a quantified comparison for the quarter.

That result matters because Wheaton finances mining projects and receives metal streams rather than operating mines directly. The model links sales to production and metal prices while limiting the company's direct exposure to many mine-level operating costs.

Investor Day targets 50 percent growth

At its September 16, 2026 Investor Day, Wheaton outlined production growth from 804,000 gold-equivalent ounces in 2025 to 1.2 million ounces by 2030, a 50 percent increase, according to Quartr. The same plan described 22 operating mines and 20 development projects, making portfolio breadth a central part of the growth case.

For investors, the key balance is growth against valuation. The production target offers a clear operating comparison, but the share price also remains below the 52-week high, leaving metal prices, project delivery and future stream commitments as important variables.

Consensus target stays above the stock

MarketBeat lists a Moderate Buy consensus from 12 analysts, with an average price target of USD 166.00, a high target of USD 240.00 and a low target of USD 127.00. Its consensus reference places the average target above the current quote, while the range shows a wide spread in analyst expectations.

MarketBeat identifies Wheaton Precious Metals as NYSE:WPM and describes the company as a precious metals streaming business in the Materials sector. The operating profile therefore combines a current earnings result, a multi-year production target and exposure to gold, silver, palladium and other metals.

WPM stock remains below its yearly high

WPM stock was trading at USD 137.28 on the NYSE on October 6, 2026 at 11:18 a.m. ET. The same session showed a high of USD 137.75 and a low of USD 135.07, while the market capitalization stood at USD 62.3 billion.