Zacks Research Has Bullish Outlook for TSE:WPM Q2 Earnings

Wheaton Precious Metals Corp. (TSE:WPM) – Equities research analysts at Zacks Research increased their Q2 2026 earnings estimates for Wheaton Precious Metals in a research report issued on Thursday, March 26th. Zacks Research analyst Team now anticipates that the company will post earnings of $1.18 per share for the quarter, up from their prior forecast of $1.07. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share. Zacks Research also issued estimates for Wheaton Precious Metals’ Q3 2026 earnings at $1.19 EPS, FY2026 earnings at $4.60 EPS, Q1 2027 earnings at $1.10 EPS, Q2 2027 earnings at $1.15 EPS, FY2027 earnings at $4.50 EPS and FY2028 earnings at $4.39 EPS.

Wheaton Precious Metals (TSE:WPM) last posted its quarterly earnings data on Thursday, March 12th. The company reported C$1.68 EPS for the quarter. Wheaton Precious Metals had a net margin of 63.59% and a return on equity of 18.53%. The firm had revenue of C$1.16 billion during the quarter.

A number of other brokerages also recently weighed in on WPM. TD Securities lifted their price target on Wheaton Precious Metals from C$164.00 to C$165.00 and gave the company a “buy” rating in a report on Monday, March 16th. National Bank Financial raised their price objective on Wheaton Precious Metals from C$240.00 to C$245.00 and gave the stock an “outperform” rating in a research report on Monday, March 16th. Stifel Nicolaus lifted their target price on Wheaton Precious Metals from C$205.00 to C$240.00 in a research note on Tuesday, February 10th. Canaccord Genuity Group upped their target price on Wheaton Precious Metals from C$220.00 to C$235.00 in a report on Tuesday, February 17th. Finally, Royal Bank Of Canada raised shares of Wheaton Precious Metals from a “hold” rating to a “moderate buy” rating and set a C$130.00 price target for the company in a research report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$197.86.

Wheaton Precious Metals Stock Down 2.7%

WPM opened at C$164.95 on Friday. The stock has a fifty day moving average of C$194.82 and a 200-day moving average of C$166.87. The firm has a market capitalization of C$74.89 billion, a P/E ratio of 50.96 and a beta of 1.08. Wheaton Precious Metals has a 12-month low of C$96.18 and a 12-month high of C$226.68.

Wheaton Precious Metals Company Profile

Wheaton is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.