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.

Is Wheaton Precious Metals Corp. (WPM) The Best Performing Large Cap Stock So Far in 2025?

A representation of gold bars, highlighting the companies success in their gold industry.

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 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: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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