Wheaton Precious Metals (WPM) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $1.19
- Estimate
- $1.16
- Surprise
- +3.2%
- Score today
- 6.3/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Wheaton Precious Metals (WPM) beat the $1.16 estimate with adjusted EPS of $1.19 — a clear 3.2% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates WPM Buy (Wait) at 6.3/10; no pre/post engine snapshot brackets this report.
4 of the last 4 quarters beat the estimate; this quarter's +3.2% surprise compares with a +6.3% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.0 in RISK_OFF)
- Strong earnings beat streak (4/4)
What argues against it
- Sector modifier (Basic Materials): -0.1
- Negative momentum
- News modifier +2: HOLD_IF_HOLDING → STRONG_BUY_WAIT
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $129.58
- Entry target
- $125.00
- Price target
- $155.13
- Stop
- $116.25
- Upside to target
- +19.7%
- Reward-to-risk
- 2.9:1
At 30.2× trailing and 27.4× forward earnings, consensus estimates imply little change in earnings power.
Risk check: RSI 28 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-10-15 — shown for context, not personalized investment advice.
WPM at TrendMatrix's latest read
Materials producers report against the commodity cycle — realized-price capture and volume, not the EPS line, are the tells in a quarter like this.
- Industry
- Gold
- Market cap
- $61.78B
- P/E (fwd)
- 27.4
- P/E (ttm)
- 30.2
- 52-week range
- $92.57–$165.76
- Off 52-week high
- 21.8%
- RSI (14)
- 28
- Volume vs avg
- 1.16×
- Score today
- 6.3/10