UBS raises target for Wheaton Precious Metals stock to USD 160
Published on 10/12/2026 at 11:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- UBS raised its Wheaton Precious Metals price target from USD 153.00 to USD 160.00 on October 8, 2026, retaining a Buy rating.
- Second-quarter revenue reached USD 878.00 million, up 84.70 percent year over year, while earnings per share came to USD 1.19.
- Wheaton Precious Metals expects 1.20 million gold-equivalent ounces of production by 2030, representing 50.00 percent growth from 2026 guidance levels.
- The company plans to release third-quarter 2026 results on November 5, 2026, followed by a conference call on November 6, 2026.
- Lang & Schwarz quoted the stock at EUR 123.03 on October 12, 2026, at 11:10 a.m. CEST.
Wheaton Precious Metals stock trades at EUR 123.03 at Lang & Schwarz on October 12, 2026 at 11:10 a.m. CEST. UBS raised its price target from USD 153.00 to USD 160.00 and retained a Buy rating on October 8, 2026, according to MarketBeat.
Chronology shows a larger growth plan
On August 6, 2026, Wheaton reported second-quarter revenue of USD 878.00 million and earnings per share of USD 1.19, while revenue increased 84.70 percent year over year, according to MarketBeat.
At the Mining Forum Americas on September 29, 2026, management outlined a production path to 1.20 million gold-equivalent ounces by 2030 from 800,000 ounces, equal to 50.00 percent organic growth, according to Investing.com.
On October 8, 2026, UBS lifted its target to USD 160.00 from USD 153.00 while maintaining Buy. The sequence matters because the higher target followed a quarter with USD 878.00 million in revenue and a production plan that reaches 1.20 million gold-equivalent ounces by 2030.
What does the USD 160 target imply
The UBS target sits above the USD 138.65 NYSE price cited for October 9, 2026, but the currencies are different from the euro reference price used for German investors. MarketBeat also reported a consensus Moderate Buy rating and an average target of USD 166.91 on October 9, 2026, based on 11 Buy ratings and one Hold rating.
Dates set the next catalyst
CNW Group said on October 6, 2026, that Wheaton will release third-quarter 2026 results on November 5, 2026, after the market close. The company scheduled its results call for November 6, 2026, at 11:00 a.m. ET.
The upcoming report will test whether the second-quarter revenue base of USD 878.00 million and earnings per share of USD 1.19 are carrying into the second half of 2026. The longer-term case rests on converting the existing streaming portfolio into the stated 1.20 million-ounce production level by 2030.
Stock price and investor reference
At Lang & Schwarz, Wheaton Precious Metals was trading at EUR 123.03 on October 12, 2026 at 11:10 a.m. CEST. The stock information is separate from the USD 160.00 UBS target and the USD 166.91 consensus target because those figures use the NYSE quotation currency. The further course of trading is shown by the continuously updated real-time quote of Wheaton Precious Metals stock.
Wheaton Precious Metals stock facts
- Company: Wheaton Precious Metals Corp.
- ISIN: CA9628791027
- Ticker: WPM
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 12, 2026, 11:10 a.m. CEST): EUR 123.03
- Market capitalization: USD 62.8 billion (as of October 9, 2026)
- 52-week range: USD 92.57-165.76 (as of October 9, 2026)
- Sector / Industry: Materials / precious metals streaming
- Next earnings date: November 5, 2026
Market context: Market report S&P 500.
