Stock Price & Analysis

Based on the provided data and current market conditions, here's a comprehensive analysis of WPM stock:

Technical Analysis

The stock is currently showing mixed signals:

• Current price: $67.84 (regular market trading)
• Pre-market change: +1.16%
• Regular market change: -0.31%
• Key Fibonacci levels:
  • Resistance: R1 at $69.81, R2 at $70.83
  • Support: S1 at $66.53, S2 at $65.51
  • Pivot point: $68.17

Momentum Indicators

• RSI-14: 61.71 (moderately bullish)
• Stochastic K(14): 88.61 (overbought territory)
• MACD: Positive with bullish divergence (MACD: 2.49, Signal: 2.29)

Moving Averages

• Trading above all major MAs:
  • SMA 5: $68.73
  • SMA 20: $65.39
  • SMA 200: $59.73
  • SMA 250: $57.26

Fundamental Analysis

Valuation metrics show mixed signals:

• P/E (2023): 41.61x (increased from 26.39x in 2022)
• EV/EBITDA (2023): 30.24x
• P/S (2023): 22.03x
• P/B (2023): 3.20x
• Dividend Yield: 1.22%

Recent Developments According to recent options data, there's significant options activity with:

• $68 put contract showing 56% probability of expiring worthless
• $69 call contract with 49% probability of expiring worthless
• Implied volatility around 32%

Recommendation SELL. Despite the stock's strong technical position above major moving averages, several factors suggest taking profits:

1. Overbought conditions (Stochastic K at 88.61)
2. Relatively high valuation multiples compared to 2022
3. Current price near resistance levels
4. Declining dividend yield trend

Consider setting a stop-loss at $66.53 (S1 level) if maintaining positions.

Based on the provided data and market analysis, here is the price prediction for WPM stock in 2025:

Technical Analysis

Price Target Analysis

The stock is expected to reach $75-78 by end of 2025, representing a 10-15% upside from current levels, driven by three key factors:

1. Strong analyst consensus with multiple upgrades - UBS initiated coverage with $78 target, while Raymond James and National Bank Financial raised targets to $75 and C$105 respectively.

2. Favorable gold price outlook - Major banks including Goldman Sachs, Deutsche Bank and JPMorgan project gold prices reaching $3,000/oz by end of 2025, which would significantly boost WPM's streaming revenues.

3. Technical indicators showing bullish momentum - The stock is trading above key moving averages with RSI at 61.71 and strong support around $65.51 based on Fibonacci levels.

Risk Factors

The main downside risk comes from JPMorgan's warning of potential near-term weakness in H1 2025 due to expected Trump administration tariffs, before recovering in H2 2025. However, the bank maintains its bullish long-term outlook.

The stock is currently trading at $67.84 in regular market hours, showing resilient price action despite broader market volatility. The technical setup and fundamental drivers support continued upward momentum through 2025.

The S1 support level for WPM Stock is $67.06 ,The R1 resistant level for WPM Stock is $70.39.

As of the end of day on 2025-02-26, the price of WPM Stock was $70.15.

The target price for WPM Stock according to analyst rating is 77.29, with the highest price target at 85.00 and the lowest at 70.00. Analysts have a Strong Buy rating on WPM Stock overall.

The market cap of WPM is $31.9B.

Based on the financial data and market indicators, WPM appears to be fairly valued at current levels. The company's revenue declined 4.6% in FY2023 to $1.02B while net income dropped 19.6% to $537.6M, indicating some operational challenges. However, the gross margin improved to 56.44% from 53.09%, showing better cost management. The stock is currently trading at $67.91, near its 20-day moving average of $65.39, suggesting neutral technical momentum.

The RSI-14 reading of 61.71 indicates moderate bullish momentum without being overbought. The MACD (2.49) shows a positive trend but with slowing momentum as indicated by the small histogram value of 0.20. The stock is trading within its Bollinger Bands with a BBP of 0.63, suggesting room for further upside while maintaining reasonable volatility.

Recent earnings expectations for Q4 2024 project $0.45 EPS, representing a 25% year-over-year growth, while revenues are expected to increase by 21.2%. The company maintains a strong balance sheet with minimal debt (debt-to-equity ratio of 0.09%) and healthy current ratio of 21.76.

The stock's current price level appears to reflect its fundamental value, considering both its operational performance and market positioning in the precious metals streaming sector. The technical indicators suggest a neutral to slightly bullish short-term outlook, but the premium valuation leaves limited room for significant upside.

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company. The Company, through strategic streaming agreements, partners with mining companies to secure a portion of their future precious metal production. The Company owns approximately 35 streaming agreements. The Company also has approximately five royalty agreements. Its portfolio includes operating mines, and development projects and other. It has interests in gold, silver, palladium, platinum and cobalt. It has precious metal interests in Kurmuk, Kone, Salobo, Blackwater, Penasquito, Antamina, Platreef, Curraghinalt, San Dimas, Los Filos, Zinkgruvan, Kudz Ze Kayah, Santo Domingo, Toroparu, Copper World (Rosemont), and various others.

Based on the available data and analyst forecasts, here's a comprehensive price prediction for WPM stock by 2030:

Price Target Analysis for 2030: WPM stock is projected to reach $95-105 by 2030, driven by three key factors:

1. Strong precious metals outlook: According to Goldman Sachs and JPMorgan research, gold prices are expected to reach $3,000/oz by 2025, which would significantly benefit WPM as a precious metals streaming company.

2. Revenue diversification: WPM has a well-diversified revenue stream across multiple mines, with Salobo (27.8%), Penasquito (16.4%), and Antamina (10.1%) being the major contributors. This diversification reduces single-mine risk and provides stable long-term growth potential.

3. Strong balance sheet and dividend growth: With a current dividend yield of 1.54% and conservative valuation metrics (P/E: 26.39, EV/EBITDA: 23.01), WPM has room for significant dividend and valuation expansion as precious metal prices appreciate.

The price target assumes continued execution of WPM's streaming business model and favorable precious metals market conditions supported by central bank buying and geopolitical uncertainties.

WPM has a total of 42 employees.