Update shared on09 Sep 2025
Fair value Increased 1.31%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.
- Several analysts raised price targets in response to the company's strong year-to-date share price performance and favorable commodity price trends.
- Market optimism around the company's robust streaming portfolio and exposure to long-life, low-cost mines contributed to bullish revisions.
- Bearish analysts noted that the stock appears fully valued after a substantial rally, with current prices already reflecting anticipated commodity price growth.
- Some suggest the shares may see a period of consolidation as the market digests recent gains and waits for further catalysts.
What's in the News
- Q2 gold production increased to 91,968 ounces from 83,743 ounces year over year; gold equivalent production rose to 158,608 ounces from 144,904 ounces.
- Silver and cobalt production rose modestly year over year, while palladium output declined in both the quarter and year to date.
- 2025 and long-term production guidance reaffirmed, with annual production forecast of 600,000 to 670,000 gold equivalent ounces and growth to 870,000 by 2029, unchanged from prior guidance.
Valuation Changes
Summary of Valuation Changes for Wheaton Precious Metals
- The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from CA$146.60 to CA$148.53.
- The Future P/E for Wheaton Precious Metals has significantly risen from 52.29x to 73.11x.
- The Consensus Revenue Growth forecasts for Wheaton Precious Metals has risen slightly from 9.2% per annum to 9.5% per annum.
Disclaimer
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