Stifel Lifts PT on Wheaton Precious Metals Corp. (WPM) to C$144 From C$141, Keeps a Buy Rating

Wheaton Precious Metals Corp. (NYSE:WPM) is one of the most profitable gold stocks to buy right now. On July 21, Stifel analyst Ingrid Rico raised the firm’s price target on Wheaton Precious Metals Corp. (NYSE:WPM) to C$144 from C$141, keeping a Buy rating on the shares.

Wheaton Precious Metals Corp. (NYSE:WPM) reported record $470 million in revenue in fiscal Q1 2025, while net earnings came up to $254 million and operating cash flow was $361 million.

Wheaton Precious Metals Corp. (NYSE:WPM) has a cash balance of $1.1 billion, no debt, and an undrawn $2 billion revolving credit facility as of March 31. The company also declared a quarterly dividend of $0.165 per common share.

Wheaton Precious Metals Corp. (NYSE:WPM) is a precious metals streaming company that operates through the Gold, Silver, Palladium, Cobalt, and Other business segments.

The company has a quality portfolio of long-life, low-cost assets, and its business model provides investors with exploration upside and commodity price leverage with a considerably lower risk profile when compared to a traditional mining company.

While we acknowledge the potential of WPM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.