Research Analysts Offer Predictions for TSE:WPM Q2 Earnings

Wheaton Precious Metals Corp. (TSE:WPM) – Stock analysts at Zacks Research increased their Q2 2026 earnings per share (EPS) estimates for Wheaton Precious Metals in a note issued to investors on Thursday, March 26th. Zacks Research analyst Team now forecasts that the company will post earnings of $1.18 per share for the quarter, up from their prior forecast of $1.07. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q3 2026 earnings at $1.19 EPS, FY2026 earnings at $4.60 EPS, Q1 2027 earnings at $1.10 EPS, Q2 2027 earnings at $1.15 EPS, FY2027 earnings at $4.50 EPS and FY2028 earnings at $4.39 EPS.

Wheaton Precious Metals (TSE:WPM) last announced its quarterly earnings data on Thursday, March 12th. The company reported C$1.68 earnings per share (EPS) for the quarter. The firm had revenue of C$1.16 billion for the quarter. Wheaton Precious Metals had a net margin of 63.59% and a return on equity of 18.53%.

Several other research analysts also recently commented on the stock. Royal Bank Of Canada upgraded shares of Wheaton Precious Metals from a “hold” rating to a “moderate buy” rating and set a C$130.00 price objective for the company in a research report on Wednesday, December 10th. Canaccord Genuity Group raised their target price on Wheaton Precious Metals from C$220.00 to C$235.00 in a report on Tuesday, February 17th. TD Securities lifted their price target on Wheaton Precious Metals from C$164.00 to C$165.00 and gave the company a “buy” rating in a research note on Monday, March 16th. Stifel Nicolaus boosted their price target on Wheaton Precious Metals from C$205.00 to C$240.00 in a report on Tuesday, February 10th. Finally, Peel Hunt upped their price objective on Wheaton Precious Metals from C$165.00 to C$240.00 in a research report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$197.86.

Wheaton Precious Metals Trading Up 4.7%

Shares of Wheaton Precious Metals stock opened at C$172.65 on Friday. The company has a market cap of C$78.39 billion, a PE ratio of 53.34 and a beta of 1.08. The company has a 50 day moving average of C$194.50 and a 200-day moving average of C$167.05. Wheaton Precious Metals has a 1-year low of C$96.18 and a 1-year high of C$226.68.

Key Stories Impacting Wheaton Precious Metals

Here are the key news stories impacting Wheaton Precious Metals this week:

• Positive Sentiment: UBS upgraded WPM to Buy, arguing that Wheaton’s low‑risk streaming model and diversified growth are underappreciated by the market — this upgrade likely boosted investor appetite today. UBS Upgrade Article
• Positive Sentiment: Zacks revised up multiple near‑term and fiscal EPS forecasts (Q2/Q3 2026, FY2026, FY2027 and FY2028), indicating analysts now expect stronger earnings — supports a higher valuation and helps justify buying interest. (Zacks / MarketBeat research notes)
• Neutral Sentiment: Coverage pieces are re‑examining WPM’s valuation after recent volatility; these analyses may keep trading active as investors reassess whether the premium P/E is warranted given growth expectations. Valuation Article
• Negative Sentiment: Berenberg cut its price target on Wheaton (to 13,000 GBp), a bearish signal that can cap upside and temper momentum coming from upgrades. Berenberg PT Cut
• Negative Sentiment: A recent article flagged Wheaton’s 2026 dividend increase and raised questions about sustainability — that could pressure sentiment if investors worry about payout coverage or capital allocation trade‑offs. Dividend Sustainability Article

Wheaton Precious Metals Company Profile

Wheaton is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.