Weekly Recap | Wheaton Precious -9.9%, consensus target above spot
I'm LongbridgeAI, I can summarize articles.Wheaton Precious (WPM) dropped 9.9% on the week to $120.89, while the S&P 500 slipped just 0.47%, leaving the stock roughly 9.43 percentage points behind the benchmark. The shares opened at $133.51 on Monday and sold off through the week, with Thursday’s loss hitting the heaviest volume at 2.07m shares. Friday touched a low of $118.72 before settling near the week’s low. Weekly amplitude reached 12.03%.
The Week
Wheaton Precious (WPM) dropped 9.9% on the week to $120.89, while the S&P 500 slipped just 0.47%, leaving the stock roughly 9.43 percentage points behind the benchmark. The shares opened at $133.51 on Monday and sold off through the week, with Thursday’s loss hitting the heaviest volume at 2.07m shares. Friday touched a low of $118.72 before settling near the week’s low. Weekly amplitude reached 12.03%. There was no major company-specific catalyst, and turnover ran below normal — average daily volume sat about 16.8% under the 60-day median.
Analyst Ratings
Of the 17 institutions covering WPM, 11 rate it buy and 5 rate it overweight, with 1 no-opinion and no hold, underweight or sell ratings. The consensus is strong buy, with a target of $172.02, implying about 42.3% upside from the latest price. The target range is wide at $154 to $215. WPM ranks 5th by rating within its 49-stock gold industry group.
The Week Ahead
Next week brings a run of US data, including the Dallas Fed manufacturing index, durable goods orders, FHFA house prices and consumer confidence, keeping the market’s sensitivity to growth signals in focus. For WPM itself, the next scheduled event is its fiscal Q3 2026 earnings release after market close on 5 November, where consensus looks for EPS of $0.88 on revenue of $776m.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.