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WPMWheaton Precious Metals CorpBuy Wait6.8·$115.90+4.00%
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 ModelStable
  • Strong Revenue Earnings GrowthStable
  • Analyst Upside Sector Cap ConstraintStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Wheaton Precious Metals Corp (WPM) Stock Analysis

Range Bound setup

Buy WaitModerate Confidence

Basic Materials · Gold

Wait — supporting gate not met yet. Price is at or below entry $123.12 but weak momentum still blocks BUY_NOW.

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

$115.90+38.4% A.UpsideScore 6.8/10#13 of 41 Gold
QualityF-score9 / 9FCF yield1.22%
IncomeYield0.67%(5y avg 1.14%)Payout17.44%sustainable
Entry $123.12(Atr Pullback Sticky)Stop $112.29Target $152.64(analyst − 13%)A.R:R 3.4:1
Analyst target$175.44+51.4%9 analysts
$152.64our TP
$115.90price
$175.44mean
$215

Wait — supporting gate not met yet. Price is at or below entry $123.12 but weak momentum still blocks BUY_NOW. Chart setup: RSI 54 mid-range, Bollinger mid-band. Growth is cheap relative to earnings, but the technical setup has not yet produced a breakout above resistance (PEG 0.16, quality 8.6/10, growth 10.0/10). Score 6.8/10, moderate confidence.

Passes 7/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 33d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: moderate.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-06
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Aug 6, 202633d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Positive news sentiment (+0.67)
High-quality business
Risks
No bear case signals

Key Metrics

P/E (TTM)29.2
P/E (Fwd)20.5
Mkt Cap$52.6B
EV/EBITDA22.1
Profit Mgn65.6%
ROE21.5%
Rev Growth91.6%
Beta1.19
Dividend0.67%
Rating analysts16

Quality Signals

Piotroski F9/9MoatWideCompounder

Options Flow

P/C0.85neutral
IV55%elevated

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

2 ceiling hits

GatesMomentum 4.3<4.5A.R:R 3.4 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 33d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Moderate
RSI
54 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $106.82Resistance $132.99

Price Targets

$112
$123
$153
A.Upside+31.7%
A.R:R3.4:1

Position Sizing

ConvictionHigh conviction
Suggested %0.9%
Max %1.8%
RegimeSteady

Risk Alerts

! News modifier capped: WAIT cannot upgrade to NOW via sentiment alone
! momentum at 4.3 (below the engine's 4.5 threshold)

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-08-06 (33d)

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 — supporting gate not met yet. Price is at or below entry $123.12 but weak momentum still blocks BUY_NOW. Chart setup: RSI 54 mid-range, Bollinger mid-band. Growth is cheap relative to earnings, but the technical setup has not yet produced a breakout above resistance (PEG 0.16, quality 8.6/10, growth 10.0/10). Target $152.64 (+31.7%), stop $112.29 (−3.2%), A.R:R 3.4:1. Score 6.8/10, moderate confidence.

What is the WPM stock price target?

Take-profit target: $152.64 (+38.4% upside). Target $152.64 (+31.7%), stop $112.29 (−3.2%), A.R:R 3.4:1. Stop-loss: $112.29.

Is WPM overvalued or undervalued?

Wheaton Precious Metals Corp trades at a P/E of 29.2 (forward 20.5). TrendMatrix value score: 5.6/10. 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: $175.

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: IAG (Iamgold Corporation) · GFI (Gold Fields Limited) · OGC (OceanaGold Corporation) · AEM (Agnico Eagle Mines Limited) · SSRM (SSR Mining Inc.)
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