UBS analyst Daniel Major raised the price target for Wheaton Precious Metals from USD 153.00 to USD 160.00 while keeping a Buy rating on October 8, 2026, as Markets Insider reported. The target is 21.34 percent above the USD 131.86 Toronto quote at the latest reported intraday reading. Wheaton Precious Metals was trading at EUR 117.60 at Lang & Schwarz on October 21, 2026 at 4:42 p.m. CEST, 0.30 percent above the Xetra close of October 20, 2026 at EUR 117.25.
Results date sets the next checkpoint
Wheaton Precious Metals is scheduled to release its third-quarter 2026 results on November 5, 2026, according to the company announcement listed by Yahoo Finance. That date gives investors the next formal test for the streaming model after the target revision.
Second-quarter revenue reached USD 929.2 million
Wheaton reported USD 929.2 million of revenue and USD 543.2 million of earnings in the second quarter of 2026. The same period carried a 58.00 percent profit margin, according to Yahoo Finance. Operating cash flow reached USD 649.5 million in the quarter, adding a cash-generation measure to the earnings picture.
Valuation leaves room for a wider range
The Toronto quotation stood at CAD 185.46 at 10:55 a.m. EDT on October 21, 2026, with a market capitalization of CAD 84.2 billion and a price-to-earnings ratio of 29.30. Its 52-week range was CAD 129.69 to CAD 226.68 at that reading, placing the quote 18.20 percent below the high and 43.00 percent above the low. The Toronto listing is the company’s home exchange, while the euro quotation gives German investors a separate trading reference.
What comes next for the stock
The November 5 results date is the next scheduled company event. The market will have to reconcile the USD 160.00 UBS target with second-quarter revenue of USD 929.2 million and the company’s 58.00 percent profit margin. Those figures frame the valuation question without turning the analyst target into a forecast.
Euro price stays near the Xetra close
At EUR 117.60, the Lang & Schwarz quote was EUR 0.35 above the Xetra close of October 20, 2026 at EUR 117.25. The move was measured rather than directional, leaving the analyst target and the November reporting date as the more material reference points.
The further course of trading is shown by the continuously updated real-time quote of Wheaton Precious Metals stock.
Wheaton Precious Metals at a glance
- Company: Wheaton Precious Metals Corp.
- ISIN: CA9628791027
- Ticker: WPM.TO
- Primary exchange: Toronto Stock Exchange
- Price Lang & Schwarz as of October 21, 2026, 4:42 p.m. CEST: EUR 117.60
- Change versus Xetra close: plus 0.30 percent
- Xetra close October 20, 2026: EUR 117.25
- Market capitalization: CAD 84.2 billion as of October 21, 2026
- 52-week range: CAD 129.69-CAD 226.68 as of October 21, 2026
- Sector / Industry: Basic Materials / Gold
Market context: Market report S&P/TSX Composite.
Disclaimer…