Wheaton Precious Metals stock (NYSE: WPM) has experienced an incredible 86% rise year-to-date in 2025—an increase fueled by an unusual combination of soaring metal prices and record production that surprised the market. This momentum was not unexpected.
The average of price targets set by Wall Street analysts indicates a potential upside of 26.7% in Wheaton Precious Metals (WPM). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
| - Industry | - Sector | Randy V. J. Smallwood CEO | NYSE Exchange | 962879102 CUSIP |
| CA Country | 44 Employees | 20 Nov 2025 Last Dividend | 21 Dec 2004 Last Split | - IPO Date |
Wheaton Precious Metals Corp. is a leading company in the precious metals industry, with its operations spanning across North America, Europe, and South America. The company focuses on the sale of precious metals, leveraging its production capabilities to offer gold, silver, palladium, and cobalt. Originally established under the name Silver Wheaton Corp., the company underwent a rebranding in May 2017 to Wheaton Precious Metals Corp. to better reflect its diversified product offerings. Since its inception in 2004, Wheaton Precious Metals Corp. has been headquartered in Vancouver, Canada, evolving into a key player in the global precious metals market.
As a timeless asset, gold represents a significant portion of Wheaton Precious Metals Corp.'s product line. The company engages in the production and sale of gold, catering to various markets and industries. Gold remains in high demand for both investment purposes and its utility in electronics, jewelry, and other goods, underlying Wheaton's strategic position in its supply.
Silver, known for its conductivity and malleability, is another core product offered by Wheaton Precious Metals Corp. The company harnesses its properties for applications in industrial products, jewelry, and silverware. Beyond its physical attributes, silver also holds investment value, akin to gold, which Wheaton capitalizes on to meet diverse market needs.
With its application in the automotive industry for manufacturing catalytic converters, palladium is a crucial component of Wheaton Precious Metals Corp.'s portfolio. The demand for palladium has surged due to stringent emission regulations, positioning Wheaton as a vital supplier for automotive manufacturers seeking to comply with environmental standards.
As an essential element used in rechargeable batteries and superalloys, cobalt's role in the transition to green energy cannot be understated. Wheaton Precious Metals Corp. offers cobalt, aligning itself with the increasing demand for materials critical to the manufacture of electric vehicles and energy storage systems. This positions Wheaton at the forefront of supporting sustainable and renewable energy technologies.