Wheaton Precious Metals just reported a stellar Q4 2025, with sales hitting US$864.71 million and an 18% dividend increase, sending shares up sharply.
In March 2026, Wheaton Precious Metals announced impressive earnings for 2025, showcasing a robust sales increase and significant net income. The company’s decision to raise its dividend signals confidence in ongoing cash flow, making it an attractive option for Canadian investors looking for income amidst market volatility.
Investor takeaway: While the recent earnings surge and dividend hike are encouraging, investors should remain cautious about future risks that could impact growth.
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Wheaton Precious Metals Corp
WPM.TO
WPM.TO
Wheaton Precious Metals Corp
WealthAwesomeMarket cap
$70.77B
P/E
27.7x
52W high
$225.99
52W low
$120.02
1W change
-7.39%
Beta
1.19
Analyst Price Targets
Based on analyst covering WPM
Wall Street analysts forecast WPM stock price to rise 68.9% over the next 12 months.
Consensus
No RatingAvg. Target
C$263.18
+68.9% Upside
Current Price
C$155.83
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on WPM's historical volatility
30-Day Vol
58.6%
Annualized
90-Day Vol
53.5%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$130.35
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$146.83 | C$119.95 – C$179.73 |
| 60 trading days | C$138.34 | C$103.94 – C$184.13 |
| 90 trading days | C$130.35 | C$91.83 – C$185.01 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Bull case
Strong earnings growth: Wheaton reported a net income of US$1.47 billion for 2025, reflecting solid demand for gold and silver. Increased dividends: The 18% dividend hike to US$0.195 per share shows a commitment to returning cash to shareholders. Positive future projections: Analysts expect revenue to grow to US$2.2 billion by 2028, suggesting a favorable long-term outlook for Wheaton.
Bear case
Market risks: The shift towards a global minimum tax regime could pressure margins. Production concerns: Potential issues at key mining assets may hinder future earnings. Portfolio concentration: Heavy reliance on a few assets raises concerns about sustainability and risk exposure.
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