UBS raises target to USD 160 for Wheaton Precious Metals stock
Published on 10/19/2026 at 09:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and reporting dates
- UBS raised the Wheaton Precious Metals target to USD 160 on October 8, 2026.
- Second-quarter 2026 revenue reached USD 929.2 million and net income reached USD 543.2 million.
- Wheaton Precious Metals stock traded at EUR 119.98 at 9:47 a.m. CEST at Lang & Schwarz on October 19, 2026.
- Third-quarter 2026 results are scheduled for November 5, 2026.
Wheaton Precious Metals (ISIN CA9628791027) carries a USD 160 price target after UBS raised its target on October 8, 2026, according to Benzinga. The latest operating figures add weight to the valuation debate, with second-quarter 2026 revenue of USD 929.2 million and net income of USD 543.2 million.
Target rises to USD 160
UBS kept a Buy rating while lifting its target to USD 160, making the October 8, 2026 update the most recent dated analyst action in the available coverage. The target matters because Wheaton's streaming model gives it exposure to metal prices without operating the underlying mines directly.
What does Q2 revenue mean?
Simply Wall St reported that second-quarter 2026 revenue rose to USD 929.2 million from the prior year's quarter, while net income reached USD 543.2 million. Net margin increased from 58.1 percent to 58.5 percent over the same comparison, giving investors a concrete measure of the earnings leverage behind the stock.
The chronology is clear. On August 6, 2026, Wheaton reported second-quarter earnings per share of USD 1.19 against a USD 1.15 consensus estimate, according to MarketBeat. On October 6, 2026, the company scheduled its third-quarter results for November 5, 2026. On October 8, 2026, UBS raised its target to USD 160.
Two dates set the next test
Wheaton Precious Metals will release its third-quarter 2026 results after the market close on November 5, 2026, followed by a conference call on November 6, 2026, at 11:00 a.m. ET. Those dates will provide the next test of whether quarterly revenue can sustain the USD 929.2 million level.
Stock trades at EUR 119.98
For German investors, the key market figure is the euro quotation rather than the primary-exchange price. Wheaton Precious Metals stock was trading at EUR 119.98 at Lang & Schwarz on October 19, 2026, at 9:47 a.m. CEST.
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 19, 2026, 9:47 a.m. CEST): EUR 119.98
- Market capitalization: USD 60.9 billion (as of October 16, 2026)
- 52-week range: USD 92.57-165.76 (as of October 8, 2026)
- Sector / Industry: Materials / Gold
Market context: Market report S&P/TSX Composite.
