Sirius XM Holdings Inc. (NASDAQ:SIRI - Get Free Report) passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $27.51 and traded as high as $28.70. Sirius XM shares last traded at $28.67, with a volume of 6,760,103 shares changing hands.
Sirius XM News Roundup
Here are the key news stories impacting Sirius XM this week:
- Positive Sentiment: Sirius XM raised its 2026 revenue outlook to approximately $8.55 billion and expects about $1.4 billion in free cash flow. The improved cash-generation outlook may support shareholder returns and strengthen confidence in management’s turnaround plans. SiriusXM expects $1.4B 2026 free cash flow as it raises guidance to $8.55B revenue
- Positive Sentiment: Third-quarter adjusted earnings of $0.78 per share exceeded consensus estimates of roughly $0.76-$0.77. Subscriber losses also stabilized, with the customer base holding near 33 million, reducing concerns about further deterioration in Sirius XM’s core business. SiriusXM Q3 profit rises as subscriber losses stabilize
- Positive Sentiment: WWE Radio reportedly experienced nearly 20% listenership growth after the SiriusXM rebrand, offering an encouraging early signal that refreshed branding and exclusive programming can improve engagement. WWE Radio sees nearly 20% increase in listenership following SiriusXM rebrand
- Neutral Sentiment: Management continues to promote live sports and seasonal programming, including NFL coverage and 25 holiday music channels. These offerings could support listening and retention, although their direct financial impact was not quantified. SiriusXM’s Holiday Music Channels Return November 2
- Negative Sentiment: Third-quarter revenue was approximately $2.15 billion, slightly below estimates and down about 0.4% year over year. Earnings also declined from $0.84 per share in the prior-year quarter, while the new full-year revenue outlook was reportedly modestly below some analyst forecasts. SiriusXM Q3 Net Income, Revenue Fall; 2026 Revenue Guidance Raised
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on SIRI shares. Benchmark reiterated a "buy" rating on shares of Sirius XM in a research note on Wednesday, July 29th. The Goldman Sachs Group restated a "neutral" rating and issued a $32.00 price objective on shares of Sirius XM in a research note on Friday, August 7th. Wolfe Research assumed coverage on Sirius XM in a report on Wednesday, September 2nd. They set an "outperform" rating on the stock. Guggenheim reiterated a "buy" rating on shares of Sirius XM in a research report on Thursday. Finally, Morgan Stanley lifted their target price on Sirius XM from $24.00 to $28.00 and gave the stock an "underweight" rating in a research report on Tuesday, July 21st. Eight equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $32.15.
View Our Latest Analysis on SIRI
Sirius XM Price Performance
The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $9.66 billion, a price-to-earnings ratio of 11.47, a P/E/G ratio of 0.50 and a beta of 0.98. The company has a fifty day moving average price of $27.51 and a two-hundred day moving average price of $26.12.
Sirius XM (NASDAQ:SIRI - Get Free Report) last announced its earnings results on Thursday, October 29th. The company reported $0.78 EPS for the quarter, beating analysts' consensus estimates of $0.77 by $0.01. Sirius XM had a net margin of 10.23% and a return on equity of 9.37%. The business had revenue of $2.15 billion for the quarter, compared to analysts' expectations of $2.16 billion. During the same period in the previous year, the company posted $0.84 EPS. The company's quarterly revenue was down .4% on a year-over-year basis. On average, equities research analysts expect that Sirius XM Holdings Inc. will post 2.98 EPS for the current fiscal year.
Sirius XM Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 23rd. Shareholders of record on Friday, November 6th will be given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Friday, November 6th. Sirius XM's dividend payout ratio (DPR) is presently 43.20%.
Insider Transactions at Sirius XM
In other Sirius XM news, Director Jonelle Procope sold 16,672 shares of Sirius XM stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $29.97, for a total value of $499,659.84. Following the transaction, the director directly owned 18,354 shares in the company, valued at approximately $550,069.38. The trade was a 47.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 3.27% of the company's stock.
Institutional Investors Weigh In On Sirius XM
Hedge funds have recently made changes to their positions in the business. Valeo Financial Advisors LLC grew its position in Sirius XM by 3.2% in the 2nd quarter. Valeo Financial Advisors LLC now owns 10,916 shares of the company's stock valued at $322,000 after buying an additional 340 shares during the last quarter. Altshuler Shaham Ltd increased its stake in Sirius XM by 36.7% in the 1st quarter. Altshuler Shaham Ltd now owns 1,553 shares of the company's stock valued at $36,000 after buying an additional 417 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Sirius XM by 33.7% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,837 shares of the company's stock worth $55,000 after buying an additional 463 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in Sirius XM by 5.4% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 9,862 shares of the company's stock worth $291,000 after buying an additional 509 shares during the last quarter. Finally, Versant Capital Management Inc raised its position in Sirius XM by 28.0% during the 2nd quarter. Versant Capital Management Inc now owns 2,562 shares of the company's stock worth $76,000 after buying an additional 560 shares during the last quarter. Institutional investors and hedge funds own 10.69% of the company's stock.
Sirius XM Company Profile
(
Get Free Report)
Sirius XM Holdings Inc is a media and entertainment company that provides subscription-based audio programming through its SiriusXM service. The company delivers a broad range of commercial-free music, live sports, news, talk and entertainment programming, including exclusive channels, original shows and coverage of major events.
SiriusXM content is distributed primarily through satellite radio and internet streaming. Subscribers can access the service in vehicles, through the SiriusXM mobile app and website, and on supported connected devices.
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