Salobo III Streaming Deals Will Shape Future Metals Markets

Analysts have raised their price target for Wheaton Precious Metals to CA$150.28, citing stronger-than-expected recent results, optimism over commodity price trends, and the company’s new growth initiative with the Hemlo Mine acquisition. Analyst Commentary Bullish analysts are positive on the outlook for copper, aluminum, and gold prices, supporting higher valuation multiples for Wheaton Precious Metals.

Analysts modestly raised their price targets for Wheaton Precious Metals to CA$148.53, reflecting strong year-to-date share performance, higher gold and silver prices, and confidence in its robust streaming portfolio, while also cautioning that the stock now appears fully valued after its recent rally. Analyst Commentary Bullish analysts cited rising gold and silver prices as supporting further upside in the company's valuation.

Wheaton Precious Metals’ fair value has increased—reflected in the higher analyst price target—as consensus expectations for future revenue growth and valuations have both risen substantially. What's in the News Q1 2025 gold production increased slightly to 92,681 ounces, while silver and palladium output declined to 4,733 ounces and 2,661 ounces, respectively.

AnalystConsensusTarget has increased future PE multiple from 45.3x to 50.8x.

AnalystConsensusTarget has increased revenue growth from 14.6% to 17.4%.

AnalystConsensusTarget has increased revenue growth from 11.7% to 14.6%, increased profit margin from 40.4% to 47.3% and decreased future PE multiple from 60.8x to 49.7x.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has increased revenue growth from 7.3% to 11.8%.