Wheaton Precious Metals Corp (WPM) Stock Forecast & Predictions

Wheaton Precious Metals Corp WPM: $42.58

Suite 3500 - 1021 West Hastings Street, Vancouver, British Columbia, Canada. | Sector: Mining, Quarrying, and Oil and Gas Extraction | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://www.wheatonpm.com/

  • Market Cap$19.06B
  • Change (52 Weeks)24.73%
  • Low (52 Weeks)$33.43
  • Wheaton Precious Metals Corp (WPM) Forecast Based on Technical Analysis

    Based on 16 Technical Indicators where 6.25% are on Buy, 43.75% on Sell, and 50.00% Neutral.

    According to the market data, Wheaton Precious Metals Corp (WPM) stock price is $42.58 and the 52 weeks low is $33.43, which means the Wheaton Precious Metals Corp stock price is up 24.73% in the last 12 months.

    Wheaton Precious Metals Corp (WPM) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 6.25% are indicating that WPM Stock price might rise further, 43.75% indicating that WPM Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall WPM stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Wheaton Precious Metals Corp (WPM) Stock Forecast By Analysts

    Strong Buy
    Analysts Recommendations for Wheaton Precious Metals Corp (WPM) is based on 20 Institutional Analyst Ratings where 65.00% are on Strong Buy, 25.00% on Moderate Buy, 10.00% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 20 Institutional Analysts, majority recommended WPM stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Wheaton Precious Metals Corp.

    Wheaton Precious Metals Corp (WPM) Stock Price Prediction By Analysts

    $60.2841.58% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for WPM set by the institutional analysts is $60.28 where High Estimate is $89.25, Median $60.0340074 and Low $40.40.

    The average price target for WPM by Institutional Analysts is $60.28, which is 41.58% Upside from the current price. So according to the Institutional Analysts, WPM Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Wheaton Precious Metals Corp (WPM) Stock Forecast Based on Investor Sentiment

    Very Positive

    Based on 386,216 investor portfolio.

    Our algorithm has analysed 386,216 investor portfolio with WPM stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about WPM and holding their positions hoping for a further rise in the stock price and more profit.

    Wheaton Precious Metals Corp (WPM) Stock Forecasts By Institutional Analysts

    Eight CapitalBuyDowngraded
    Raymond James FinancialOutperformDowngraded
    Raymond James FinancialOutperformUpgraded
    Raymond James FinancialOutperformInitiated
    JPMorgan ChaseUpgraded
    RBC CapitalOutperformMaintained
    JPMorgan ChaseOverweightInitiated
    Credit SuisseOutperformDowngraded
    Raymond James FinancialOutperformMaintained
    Canaccord GenuityDowngraded
    Credit SuisseOutperformDowngraded
    Raymond James FinancialOutperformDowngraded
    Canaccord GenuityUpgraded
    Raymond James FinancialOutperformUpgraded
    Credit SuisseNeutralInitiated
    Eight CapitalUpgraded
    National Bank FinancialUpgraded
    BMO CapitalMarket PerformDowngraded
    ScotiaBankSector OutperformMaintained
    National Bank FinancialOutperformUpgraded
    Credit SuisseUpgraded
    Canaccord GenuityUpgraded
    Eight CapitalUpgraded
    Deutsche BankHoldMaintained
    Canaccord GenuityUpgraded
    National Bank FinancialOutperformUpgraded
    Deutsche BankHoldDowngraded
    Credit SuisseNeutralInitiated
    National Bank FinancialOutperformUpgraded
    Credit SuisseUpgraded
    Eight CapitalUpgraded
    National Bank FinancialOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    National Bank FinancialOutperformDowngraded
    Bank of AmericaBuyReiterated
    National Bank FinancialOutperformInitiated
    Credit SuisseUpgraded
    Eight CapitalUpgraded
    Canaccord GenuityUpgraded
    National Bank FinancialOutperformUpgraded
    GMP SecuritiesHoldDowngraded
    Deutsche BankBuyMaintained
    Raymond James FinancialOutperformInitiated
    RBC CapitalOutperformInitiated
    Credit SuisseNeutralDowngraded
    Eight CapitalUpgraded
    BMO Capital MarketsOutperformInitiated
    Canaccord GenuityDowngraded
    BMO Capital MarketsOutperformInitiated
    Credit SuisseOutperformInitiated
    Canaccord GenuityUpgraded
    Canaccord GenuityUpgraded
    National Bank FinancialOutperformUpgraded
    Canaccord GenuityDowngraded
    Canaccord GenuityUpgraded
    Canaccord GenuityUpgraded
    RBC CapitalOutperformDowngraded
    National Bank FinancialUpgraded
    CIBC World MarketsOutperformDowngraded
    Canaccord GenuityDowngraded

    Wheaton Precious Metals Corp (WPM) Stock Earning Per Share (EPS) Forecast / Estimate

    The average consensus EPS for WPM is $0.407 with a high estimate of $0.493 and Low of $0.314 for the period 2021-06-30 and based on 13 Institutional Analysts.

    Last Quarter


    The latest average Earning Per Share Estimate for Wheaton Precious Metals Corp is $0.41, which is higher than WPM's last EPS, $0.33. This means that Analysts are expecting Wheaton Precious Metals Corp to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Wheaton Precious Metals Corp.

    Earning Per Share (EPS) History


    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).