UBS raises target for Wheaton Precious Metals stock
Published on 10/09/2026 at 16:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- UBS raised its Wheaton Precious Metals target from USD 153.00 to USD 160.00 on October 8, 2026.
- Second-quarter revenue reached USD 929.20 million, up 84.70 percent year over year.
- Wheaton Precious Metals stock was trading at EUR 122.85 at Lang & Schwarz on October 9, 2026.
- The company is scheduled to report third-quarter 2026 results on November 5, 2026.
Wheaton Precious Metals (CA9628791027) was the subject of a UBS target increase on October 8, 2026, from USD 153.00 to USD 160.00, while its stock was trading at EUR 122.85 at Lang & Schwarz. According to Markets Insider on October 8, UBS analyst Daniel Major kept a Buy rating and lifted the target from USD 153.00 to USD 160.00.
What does the target change mean?
The USD 7.00 increase equals 4.58 percent compared with the previous USD 153.00 target. The revised target is an analyst view in US dollars, while the reference quotation for German investors remains the euro price from Lang & Schwarz.
Chronology of three catalysts
On August 6, 2026, Wheaton reported diluted earnings per share of USD 1.19 against a USD 1.15 consensus estimate, according to MarketBeat. On October 6, 2026, the company set November 5, 2026, for its third-quarter results, with a conference call on November 6, 2026, according to StockTitan. On October 8, 2026, UBS raised its target to USD 160.00 from USD 153.00.
Revenue growth sets the baseline
Wheaton reported USD 929.20 million of revenue in the second quarter of 2026, up 84.70 percent year over year, according to Business Quant. The same source lists net income of USD 574.33 million for that quarter, giving the target revision a backdrop of sharply higher operating scale.
Next dates for WPM
Wheaton is scheduled to release third-quarter 2026 results after the market close on November 5, 2026, followed by a results call at 11:00 a.m. ET on November 6, 2026, according to StockTitan. Those dates give investors the next scheduled test of the revenue trajectory and the assumptions behind the USD 160.00 target.
Wheaton stock trades in euros
The stock was trading at EUR 122.85 at Lang & Schwarz on October 9, 2026, at 4:39 p.m. CEST, up 2.05 percent versus the prior close of EUR 120.38 on October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Wheaton Precious Metals stock.
Wheaton Precious Metals stock data
- Company: Wheaton Precious Metals Corp.
- ISIN: CA9628791027
- Ticker: WPM
- Price Lang & Schwarz (as of October 9, 2026, 4:39 p.m. CEST): EUR 122.85
- Change versus prior close: plus 2.05 percent
- Prior close Lang & Schwarz (October 8, 2026): EUR 120.38
- Market capitalization: USD 62.5 billion (as of October 9, 2026)
- 52-week range: USD 92.57-165.76 (as of October 9, 2026)
- Sector / Industry: Basic Materials / Gold
Market context: Market report S&P/TSX Composite.
