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WPMWheaton Precious Metals CorpBuy Wait6.5·$142.92
Buy WaitModerate Confidence
Investment thesis

Wheaton Precious Metals is a best-in-class precious metals streaming company with elite margins near 66%, a perfect Piotroski score of 9/9, and four consecutive earnings beats, offering 28% upside to analyst targets though a sector concentration cap is currently limiting new position sizing.

Thesis pillars

  • Elite Margins Streaming Model→Stable
  • Strong Revenue Earnings Growth→Stable
  • Analyst Upside Sector Cap Constraint→Stable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Wheaton Precious Metals Corp (WPM) Stock Analysis

Buy WaitVALUE-TRAP 1/5GrowthQualityModerate Confidence

Basic Materials · Gold

Wait for pullback to $137.46. At $142.92 the A.R:R is 1.1:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $137.46 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Thin upside margin: 8.4%; Sector modifier (Basic Materials): -0.1.

Wheaton Precious Metals Corp. operates as a precious metal streaming company. It explores for gold, silver, palladium, platinum, and cobalt deposits in Canada, the United States, Mexico, Portugal, Sweden, the United Kingdom, Argentina, Chile, Brazil, Peru, Ecuador, Colombia,... Read more

$142.92+8.4% A.UpsideScore 6.5/10#21 of 43 Gold
QualityF-score8 / 9FCF yield-5.39%
IncomeYield0.54%(5y avg 1.11%)Payout15.97%sustainable
Entry $137.46(Atr Pullback Sticky)Stop $126.43Target $154.96(analyst − 13%)A.R:R 1.1:1
Analyst target$178.11+24.6%10 analysts
$154.96our TP
$142.92price
$178.11mean
$224

Wait for pullback to $137.46. At $142.92 the A.R:R is 1.1:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $137.46 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Thin upside margin: 8.4%; Sector modifier (Basic Materials): -0.1. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 6.5/10, moderate confidence.

Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 41d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Nov 5, 202641d to earnings· next earnings call

Thesis

Rewards
V7 quality resilience bonus: +0.2 (Q=7.0 in RISK_OFF)
Strong earnings beat streak (4/4)
Positive news sentiment (+0.67)
Risks
Thin upside margin: 8.4%
Sector modifier (Basic Materials): -0.1
Negative momentum

Key Metrics

P/E (TTM)31.9
P/E (Fwd)28.9
Mkt Cap$65.3B
EV/EBITDA25.2
Profit Mgn64.7%
ROE23.5%
Rev Growth84.7%
Beta1.27
Dividend0.54%
Rating analysts16

Quality Signals

Piotroski F8/9MoatWideCompounder✓

Options Flow

P/C0.97neutral
IV47%normal

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker·3 ceiling hits

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.0
Obv
1.0
Volume
3.7
Ma Position
6.0
Rsi
7.8
Uptrend pullback (RSI 37) - buy opportunityVolume distribution (falling OBV)Above 200-day MA
GatesMomentum 3.7<4.5A.R:R 1.1 < 1.5@spotInsider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 41d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
37 · Neutral
↓ 20D MA↑ 50D MA↑ 200D MAGOLDEN CROSSSupport $141.71Resistance $160.99

Price Targets

$126
$137
$155
A.Upside+8.4%
A.R:R1.1:1

Position Sizing

ConvictionMedium conviction
Suggested %0.5%
Max %1%
RegimeRisk-Off

Risk Alerts

! News modifier +2: HOLD_IF_HOLDING → STRONG_BUY_WAIT
! momentum at 3.7 (below the engine's 4.5 threshold)
! asymmetry at 1.1 (below the engine's 1.5 threshold)@spot

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-11-05 (41d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is WPM stock a buy right now?

Wait for pullback to $137.46. At $142.92 the A.R:R is 1.1:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $137.46 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Thin upside margin: 8.4%; Sector modifier (Basic Materials): -0.1. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $154.96 (+8.4%), stop $126.43 (−13.0%), A.R:R 1.1:1. Score 6.5/10, moderate confidence.

What is the WPM stock price target?

Take-profit target: $154.96 (+8.4% upside). Target $154.96 (+8.4%), stop $126.43 (−13.0%), A.R:R 1.1:1. Stop-loss: $126.43.

What are the risks of investing in WPM?

Thin upside margin: 8.4%; Sector modifier (Basic Materials): -0.1; Negative momentum.

Is WPM overvalued or undervalued?

Wheaton Precious Metals Corp trades at a P/E of 31.9 (forward 28.9). TrendMatrix value score: 4.6/10. Verdict: Buy (Wait for Entry).

What do analysts say about WPM?

16 analysts cover WPM with a consensus score of 4.3/5. Average price target: $178.

What does Wheaton Precious Metals Corp do?Wheaton Precious Metals Corp. operates as a precious metal streaming company. It explores for gold, silver, palladium,...

Wheaton Precious Metals Corp. operates as a precious metal streaming company. It explores for gold, silver, palladium, platinum, and cobalt deposits in Canada, the United States, Mexico, Portugal, Sweden, the United Kingdom, Argentina, Chile, Brazil, Peru, Ecuador, Colombia, Côte d'Ivoire, Ethiopia, and South Africa. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.

Related stocks: KGC (Kinross Gold Corporation) · GFI (Gold Fields Limited) · HMY (Harmony Gold Mining Company Lim) · AGI (Alamos Gold Inc.) · IAG (Iamgold Corporation)
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