Wheaton Precious Metals stock edges higher as Investor Day and RBC target lift sentiment

Published on 09/17/2026 at 15:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wheaton Precious Metals stock trades around USD 150 on the NYSE as of September 16, 2026, after RBC Capital lifted its price target to USD 165 with an Outperform rating. The company now targets about 50 percent production growth to 1.2 million gold equivalent ounces by 2030 and expects USD 2.5 billion in operating cash flow over the next 12 months.

WPM, US92939B1070, Illustration mit AI erstellt.

Wheaton Precious Metals stock (ISIN US92939B1070) is trading near USD 150 on the New York Stock Exchange as of September 16, 2026, supported by fresh guidance on long term growth and a higher analyst price target.

Investor Day highlights growth and cash flow

According to Yahoo Finance on September 16, 2026, Wheaton Precious Metals Corp. used its Investor Day to outline a plan to increase attributable production from about 804,000 gold equivalent ounces in the prior year to roughly 1.2 million gold equivalent ounces by 2030, representing close to 50 percent growth over that period.

As Yahoo Finance reports, management now expects Wheaton Precious Metals to generate more than USD 2.5 billion in operating cash flow over the next 12 months and aims to return to a net cash position by the end of the following year, underlining a stronger balance sheet trajectory.

Analyst view and stock performance

According to Yahoo Finance on September 16, 2026, RBC Capital maintains an Outperform rating on Wheaton Precious Metals stock and has raised its price target from USD 160 to USD 165, signaling increased confidence in the streaming company’s medium term prospects.

Yahoo Finance shows that the shares delivered a year to date return of 24.73 percent and a one year return of 40.91 percent as of September 16, 2026, meaning the stock has outpaced the S&P/TSX Composite index over the same period.

Current price levels and valuation context

Per data from Yahoo Finance, Wheaton Precious Metals stock last traded at USD 147.38 on the NYSE on September 16, 2026, at 2:47 p.m. Eastern Time, down 1.76 percent or USD 2.64 from the previous close of USD 150.02.

The same quote overview on Yahoo Finance lists a 52 week trading range from USD 92.57 to USD 165.76 for WPM shares, so the latest price around USD 147 sits roughly USD 18 below the 52 week high and more than USD 54 above the 52 week low.

Next earnings date

According to the earnings calendar on Nasdaq, Wheaton Precious Metals is estimated to report its next set of quarterly earnings on November 5, 2026, giving investors a clear upcoming checkpoint for updated revenue, earnings and cash flow figures.

Stock closes near recent levels

For reference, a separate trading snapshot from Kraken shows Wheaton Precious Metals stock at USD 150.37 on the NYSE with a prior close of USD 150.04, a day range between USD 148.70 and USD 153.00 and a market capitalization of USD 68.37 billion as of September 16, 2026.