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Analysts Still See Potential In Wheaton Precious Metals (WPM) as Stock Skyrockets Over 129% In One Year

Wheaton Precious Metals Corp. (NYSE:WPM) is one of the 10 Best Precious Metal Stocks to Buy After the U.S. Venezuela Mission.

Over the one-year period as of January 9, Wheaton Precious Metals Corp. (NYSE:WPM) has skyrocketed over 129%. Out of 18 analysts covering WPM, 94% rate the stock as a Buy with a median price target set at $132.50, indicating an upside of 6.22%.

On December 16, TheFly reported that Berenberg Bank raised its price target on Wheaton Precious Metals Corp. (NYSE:WPM) from $128 to $147. Richard Hatch at Berenberg raised the price target on WPM while maintaining a Buy rating.

Similarly, on December 7, Fahad Tariq of Jefferies raised the price target on WPM from $137 to $138, maintaining his Buy rating. Fahad is positive on Wheaton as he believes a strong 2026 for the metals and mining group, reported TheFly. The analyst remains bullish on gold equities, pointing out attractive valuations. However, Tariq remains cautious on copper stocks given valuations heading into 2026.

Jefferies analyst expects gold companies to increase margins and generate higher FCF in 2026 than in 2025. The longer gold prices remain elevated, the more investor attention will turn to growth, Tariq noted.

Wheaton Precious Metals Corp. (NYSE:WPM) is a precious metals firm operating in Europe, Africa, North America, and South America. Wheaton mainly produces gold, and also explores for silver, palladium, platinum, and cobalt deposits.

While we acknowledge the potential of WPM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than WPM and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best New Penny Stocks to Invest In and 13 Best Gold Mining Companies to Invest In Now.

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

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

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