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Wheaton Precious Metals Stock Soars Amid UBS Upgrade and Positive Forecasts

MATT MONACO•UPDATED MAR. 29, 2026, 10:05 AM ET
Reviewed by Jack Kellogg Fact-checked by Tim Sykes

Wheaton Precious Metals Corp stocks have been trading up by 5.09 percent, signaling positive investor sentiment.

Candlestick Chart

Weekly Update Mar 23 – Mar 27, 2026: On Sunday, March 29, 2026 Wheaton Precious Metals Corp stock [NYSE: WPM] is trending up by 5.09%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Materials industry expert:

Analyst sentiment – positive

Wheaton Precious Metals (WPM) benefits from strong profitability metrics, with an EBIT margin of 73.6% and a superb EBITDA margin of 86.8%, underlining its efficient operational model. The company sees a solid revenue stream with a five-year revenue growth of 16.12%, contributing to an elevated market valuation as evident in its high PE ratio of 54.63. Financial strength is bolstered by a zero total debt to equity ratio and robust liquidity ratios (current and quick ratios of 7.8), indicating prudent fiscal management. With a return on capital at 18.5% and substantial gross margins at 72.2%, Wheaton shows a promising performance trajectory.

Analyzing technical patterns, WPM displays a stable ascending trend, highlighted by recent weekly price movements. Notably, the range from March 23-27 shows an upward momentum with increased highs and subsequent support around the $120.15 level after breaking out to $126.47. Daily volumes corroborate bullish sentiment, amplified by increasing investor interest on positive news. For trading, a buy strategy on pullbacks to the support level near $120, targeting resistance at $126 and stops at $118.95, aligns with observed trends. Monitoring buying volume at these levels can further verify trade validity.

Recent upgrades from major analysts reflect positive shifts in WPM’s outlook. UBS and Scotiabank’s revised price targets of $160 and $178, respectively, following strategic deals and robust performance metrics, establish WPM as a leader in volume growth and low-risk organic expansion. Furthermore, highlighted by CFRA’s Strong Buy rating and impending 50% production growth through 2030, the stock is poised for significant upside. Despite recent industry volatility, WPM consistently outperforms mining benchmarks, underpinned by strategic portfolio enhancements. Current resistance rests at $126.47, with potential targets of $160 and beyond as catalysts materialize.

Quick Financial Overview

Wheaton Precious Metals’ recent financial metrics present a robust profile that complements the positive market sentiment. The company reported strong quarterly earnings, with a significant increase in both revenue and net income. In 2025, the company achieved total revenue of approximately $2.31B, demonstrating a substantial growth trajectory compared to previous years. This remarkable growth is further evidenced by a profit margin of 63.58%, underscoring efficient cost management and revenue generation.

Wheaton’s operational efficiency is reflected in its gross margin of 72.2% and an EBIT margin of 73.6%, indicating high productivity levels relative to operational costs. Key profitability ratios such as return on equity at 18.45% and return on assets at 17.78% highlight the management’s effectiveness in utilizing investment capital to generate profit. The company’s decision to increase its dividend by 18% signals strong cash flow and confidence in sustained future growth.

More Breaking News

Market analysts highlight Wheaton’s robust cash position, with $1.15B reported at the end of the quarter. The company maintains a healthy financial leverage ratio of 1.1, and a quick ratio of 7.8, which implies excellent financial health and liquidity. Given its strategic expansion and capital investments, Wheaton is poised to leverage opportunities in the precious metals market.

Conclusion

Wheaton Precious Metals’ recent upgrades and strategic deals highlight a bright future with promising growth. As millionaire penny stock trader and teacher Tim Sykes says, “It’s not about how much money you make; it’s about how much money you keep.” In line with this trading philosophy, as the company advances into a robust volume growth phase, further supported by innovative asset management and hedging strategies, it remains well-positioned to captivate shareholders looking for consistent returns. The anticipated expansion and increased production capacities underline Wheaton’s leadership in the precious metals streaming sector, positioning it to capitalize on favorable market conditions and enhance shareholder value in the coming years.

This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

Dive deeper into the world of trading with Timothy Sykes, renowned for his expertise in penny stocks. Explore his top picks and discover the strategies that have propelled him to success with these articles:

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The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

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Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”