Sirius XM (SIRI) Stock Forecast & Price Target

$3.15
-0.01 (-0.32%)
(As of 09:03 AM ET)

Sirius XM Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 9 Analyst Ratings

Analysts' Consensus Price Target

$4.67
48.25% Upside
High Forecast$6.50
Average Forecast$4.67
Low Forecast$3.00
TypeCurrent Forecast
4/26/23 to 4/25/24
1 Month Ago
3/27/23 to 3/26/24
3 Months Ago
1/26/23 to 1/26/24
1 Year Ago
4/26/22 to 4/26/23
Consensus Rating
Hold
Reduce
Reduce
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
Sell
2 Sell rating(s)
4 Sell rating(s)
4 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$4.67$4.89$4.98$5.39
Predicted Upside48.25% Upside-2.16% Downside-2.75% Downside16.02% Upside
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SIRI Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SIRI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Sirius XM Stock vs. The Competition

TypeSirius XMConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.10
2.53
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside47.78% Upside83.97% Upside9.99% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/24/2024Pivotal Research
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 UpgradeHold ➝ Buy$5.05 ➝ $4.90+55.06%
4/24/2024Citigroup
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 UpgradeSell ➝ Neutral$4.10 ➝ $3.30+4.43%
4/1/2024Wells Fargo & Company
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 Lower TargetUnderweight ➝ Underweight$4.50 ➝ $3.00-22.08%
3/27/2024Benchmark
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 Lower TargetBuy ➝ Buy$7.00 ➝ $6.50+68.39%
3/14/2024Guggenheim
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 Initiated CoverageNeutral$4.00-3.38%
10/31/2023Seaport Res Ptn
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D. Joyce
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DowngradeBuy ➝ Neutral
9/27/2023Bank of America
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 Lower Target$5.50 ➝ $4.50+15.98%
8/10/2023Rosenblatt Securities
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 Boost TargetNeutral ➝ Neutral$4.10 ➝ $5.00+2.46%
8/2/2023Deutsche Bank Aktiengesellschaft
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 UpgradeSell ➝ Hold$6.25 ➝ $6.00+20.48%
7/21/2023Evercore ISI
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 DowngradeIn-Line ➝ Underperform$4.50-42.38%
5/3/2023Barrington Research
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J. Goss
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Lower Target$5.50 ➝ $5.00+35.14%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 09:29 AM ET.

SIRI Price Target - Frequently Asked Questions

What is Sirius XM's consensus rating and price target?

According to the issued ratings of 9 analysts in the last year, the consensus rating for Sirius XM stock is Hold based on the current 2 sell ratings, 5 hold ratings and 2 buy ratings for SIRI. The average twelve-month price prediction for Sirius XM is $4.67 with a high price target of $6.50 and a low price target of $3.00. Learn more on SIRI's analyst rating history.

Do Wall Street analysts like Sirius XM more than its competitors?

Analysts like Sirius XM less than other Consumer Discretionary companies. The consensus rating for Sirius XM is Hold while the average consensus rating for consumer discretionary companies is Moderate Buy. Learn more on how SIRI compares to other companies.

Is Sirius XM being upgraded by Wall Street analysts?

Over the previous 90 days, Sirius XM's stock had 2 upgrades by analysts.

Does Sirius XM's stock price have much upside?

According to analysts, Sirius XM's stock has a predicted upside of 6.06% based on their 12-month stock forecasts.

What analysts cover Sirius XM?

Sirius XM has been rated by Benchmark, Citigroup, Guggenheim, Pivotal Research, and Wells Fargo & Company in the past 90 days.


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This page (NASDAQ:SIRI) was last updated on 4/25/2024 by MarketBeat.com Staff

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