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WPMWheaton Precious Metals CorpHold6.4·$126.57
HoldModerate 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

Pillars as of Jul 3, 2026

Full reasoning →

Open full analysis

Wheaton Precious Metals Corp (WPM) Stock Analysis

HoldVALUE-TRAP 1/5GrowthQualityModerate Confidence

Basic Materials · Gold

Earnings in 7 days (2026-11-05). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Hold if already holding. Not a fresh buy at $126.57, but acceptable to hold if already in. Reasons: Sector modifier (Basic Materials): -0.1; Earnings in 7 days (event risk).

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

$126.57+18.2% A.UpsideScore 6.4/10#23 of 44 Gold
QualityF-score8 / 9FCF yield-6.13%
IncomeYield0.62%(5y avg 0.92%)Payout15.97%sustainable
Stop $117.71Analyst target $149.66(−13% haircut)A.R:R 2.4:1
Analyst consensus$172.02+35.9%10 analysts
$149.66Analyst target
$126.57price
$172.02mean
$215

Hold if already holding. Not a fresh buy at $126.57, but acceptable to hold if already in. Reasons: Sector modifier (Basic Materials): -0.1; Earnings in 7 days (event risk). Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 6.4/10, moderate confidence.

Passes 7/9 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on earnings proximity 7d<=7d. Suitability: moderate.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Nov 5, 20267d 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)
High-quality business
Risks
Sector modifier (Basic Materials): -0.1
Earnings in 7 days (event risk)

Key Metrics

P/E (TTM)28.1
P/E (Fwd)25.8
Mkt Cap$57.5B
EV/EBITDA22.3
Profit Mgn64.7%
ROE23.5%
Rev Growth84.7%
Beta1.24
Dividend0.62%
Rating analysts16

Quality Signals

Piotroski F8/9MoatWideCompounder✓

Options Flow

P/C0.76neutral
IV56%elevated
Max Pain$90-28.9% vs spot

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy

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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. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.

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No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.

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 ceiling hit

GatesEARNINGS PROXIMITY 7d<=7dMomentum 4.6<5.5 (soft — BUY_NOW allowed but watch)Momentum 4.6>=4.5A.R:R 2.4 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
39 · Neutral
↓ 20D MA↓ 50D MA↓ 200D MAGOLDEN CROSSSupport $118.72Resistance $139.74

Price Targets

$118
$150
A.Upside+18.2%
A.R:R2.4:1

Position Sizing

ConvictionNone
Suggested %0%
Max %0%
RegimeRisk-Off

Risk Alerts

! EARNINGS_PROXIMITY:7d<=7d

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-11-05 (7d)

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?

Hold if already holding. Not a fresh buy at $126.57, but acceptable to hold if already in. Reasons: Sector modifier (Basic Materials): -0.1; Earnings in 7 days (event risk). Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Analyst target $149.66 (+18.2%), stop $117.71 (−7.5%), A.R:R 2.4:1. Score 6.4/10, moderate confidence.

What is the WPM stock price target?

Analyst target: $149.66 (+18.2% upside). Analyst target $149.66 (+18.2%), stop $117.71 (−7.5%), A.R:R 2.4:1. Stop-loss: $117.71.

What are the risks of investing in WPM?

Sector modifier (Basic Materials): -0.1; Earnings in 7 days (event risk).

Is WPM overvalued or undervalued?

Wheaton Precious Metals Corp trades at a P/E of 28.1 (forward 25.8). TrendMatrix value score: 5.1/10. Verdict: Hold.

What do analysts say about WPM?

16 analysts cover WPM with a consensus score of 4.3/5. Average price target: $172.

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.

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