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Updated 1h ago
SIRI logo

Sirius XM Holdings Inc.NasdaqGS:SIRI Stock Report

Market Cap US$9.8b
Updated 1h ago
Share Price
n/a
1Y24.4%
7D0.6%
1D1.0%
Portfolio Value
​
View

Sirius XM Holdings Inc.

NasdaqGS:SIRI Stock Report

Market Cap: US$9.8b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Sirius XM Holdings (SIRI) Stock Overview

Operates as an audio entertainment company in North America. More details

SIRI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health3/6
Dividends4/6

Rewards

Trading at 35.4% below our estimate of its fair value

Earnings are forecast to grow 6.98% per year

Became profitable this year

Risk Analysis

Has a high level of debt

Significant insider selling over the past 3 months

Unstable dividend track record


SIRI Community Fair Values

Create Narrative

See what 166 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
3.8% overvalued intrinsic discount
AnalystConsensusTarget
•1mo ago

SIRI: Updated Content Deals And Talent Renewals Will Drive Balanced Performance Ahead

1.3k
1
70
AN
AnalystHighTarget
36.1% undervalued intrinsic discount
AnalystHighTarget
•11d ago

Connected Car And Subscription Trends Will Expand Audio Reach

184
0
8
AN
AnalystLowTarget
61.9% overvalued intrinsic discount
AnalystLowTarget
•7mo ago

On-demand Streaming Will Shrink Legacy Subscription Revenue Base

75
0
4

Top Community Narratives

SIRI logo
Sirius XM Holdings
41.7% undervalued intrinsic discount

Negative equity is not always a negative

View narrative
VA
ValueMan
Updated 20 Mar 2025
Read Narrative

Top Community Narratives

SIRI logo
Sirius XM Holdings
41.7% undervalued intrinsic discount

Negative equity is not always a negative

View narrative
VA
ValueMan
Updated 20 Mar 2025
Read Narrative

Top Analyst Narratives

AN
AnalystConsensusTarget
3.8% overvalued intrinsic discount
AnalystConsensusTarget
•1mo ago

SIRI: Updated Content Deals And Talent Renewals Will Drive Balanced Performance Ahead

1.3k
1
70
AN
AnalystHighTarget
36.1% undervalued intrinsic discount
AnalystHighTarget
•11d ago

Connected Car And Subscription Trends Will Expand Audio Reach

184
0
8
AN
AnalystLowTarget
61.9% overvalued intrinsic discount
AnalystLowTarget
•7mo ago

On-demand Streaming Will Shrink Legacy Subscription Revenue Base

75
0
4
View all narratives

Sirius XM Holdings Inc. Competitors

Versant Media Group

Symbol: NasdaqGS:VSNT
Market cap: US$5.2b

Charter Communications

Symbol: NasdaqGS:CHTR
Market cap: US$23.8b

New York Times

Symbol: NYSE:NYT
Market cap: US$10.8b

News

Symbol: NasdaqGS:NWSA
Market cap: US$16.5b

Price History & Performance

Summary of share price highs, lows and changes for Sirius XM Holdings
Historical stock prices
Current Share PriceUS$29.15
52 Week HighUS$32.66
52 Week LowUS$19.77
Beta0.96
1 Month Change2.42%
3 Month Change4.63%
1 Year Change24.36%
3 Year Change-28.90%
5 Year Change-51.42%
Change since IPO-36.97%

Recent News & Updates

User avatar
Narrative Update • Sep 03

SIRI: Digital Audio Advertising Partnerships Will Drive Future Multiple Expansion

The updated analyst price target for Sirius XM Holdings has increased from $42.52 to $45.64. Analysts cite potential multiple expansion, digital audio advertising growth, and the upcoming YouTube U.S. audio ad partnership as key supports for the revised outlook.
User avatar
Narrative Update • Aug 18

SIRI: Spectrum Repricing And Cash Flow Strength Will Drive Future Upside

Sirius XM Holdings' analyst fair value estimate has been adjusted slightly lower from $42.87 to $42.52 as analysts factor in higher published price targets in the $24 to $36 range, along with updated views on revenue growth, profitability and valuation multiples following recent Q2 reports. Analyst Commentary Recent Street research on Sirius XM Holdings shows a cluster of higher price targets following the latest Q2 report, even though opinions on the stock's outlook remain mixed.

Recent updates

User avatar
Narrative Update • Sep 03

SIRI: Digital Audio Advertising Partnerships Will Drive Future Multiple Expansion

The updated analyst price target for Sirius XM Holdings has increased from $42.52 to $45.64. Analysts cite potential multiple expansion, digital audio advertising growth, and the upcoming YouTube U.S. audio ad partnership as key supports for the revised outlook.
User avatar
Narrative Update • Aug 18

SIRI: Spectrum Repricing And Cash Flow Strength Will Drive Future Upside

Sirius XM Holdings' analyst fair value estimate has been adjusted slightly lower from $42.87 to $42.52 as analysts factor in higher published price targets in the $24 to $36 range, along with updated views on revenue growth, profitability and valuation multiples following recent Q2 reports. Analyst Commentary Recent Street research on Sirius XM Holdings shows a cluster of higher price targets following the latest Q2 report, even though opinions on the stock's outlook remain mixed.
User avatar
Narrative Update • Aug 04

SIRI: Direct To Device Spectrum And Cash Flow Will Drive Future Repricing

Analysts have lifted the fair value estimate for Sirius XM Holdings by about $1 to $42.87. This reflects updated price targets across the Street that cite Q2 results, adjustments to longer term estimates, and renewed focus on the value of the company’s spectrum and cash flow profile.
Seeking Alpha • Jul 30

Sirius XM: Q2 Validates It As A Stable, Not Declining, Business

Summary Sirius XM Holdings Inc. remains a Buy, with stable growth, expanding margins, and a loyal subscriber base supporting long-term value. SIRI raised 2026 guidance for revenue, EBITDA, and free cash flow, targeting $1.275B FCF on $8.525B revenue and $1.5B FCF by 2027. Declining cap-ex and cost discipline drive margin expansion and free cash flow, enabling future buybacks and enhanced capital returns. Despite the Q2 EPS miss, SIRI's resilient ARPU, low churn, and improving leverage support a path to $40 per share on a 10% FCF yield. Read the full article on Seeking Alpha
User avatar
Narrative Update • Jul 21

SIRI: D2D Spectrum Optionality And Merger Talks Will Guide Future Balance

Analysts have made a modest upward adjustment to the Sirius XM Holdings fair value estimate, with the updated target moving by about $0.08 as they factor in slightly higher revenue growth, a small improvement in profit margins, and revised direct-to-device spectrum value work from recent research. Analyst Commentary Recent Street research on Sirius XM Holdings shows a mix of optimism and caution, with several firms adjusting price targets and updating their valuation work as they factor in direct to device spectrum potential and refreshed filings.
User avatar
Narrative Update • Jul 07

SIRI: D2D Spectrum Plans And Merger Talks Will Shape Forward Balance

The consolidated analyst price target for Sirius XM Holdings has been adjusted modestly, with recent Street research reflecting a slightly lower average target in the $40s, as analysts factor in updated filings, refreshed sum-of-the-parts work, and ongoing interest in the direct-to-device spectrum opportunity. Analyst Commentary Recent Street research on Sirius XM Holdings points to a mix of optimism and caution as analysts adjust price targets and update models around filings, sum of the parts work, and the potential value of the direct to device, or D2D, spectrum opportunity.
User avatar
Narrative Update • Jun 23

SIRI: D2D Spectrum Optionality And Merger Talks Will Shape Forward Risk Reward

The analyst price target for Sirius XM Holdings is now $28.00. This modest change is supported by updated estimates, refreshed sum-of-the-parts analysis, and a broadly constructive view from analysts on the company’s direct-to-device spectrum value, as indicated in recent research reports.
Analysis Article • Jun 19

Sirius XM Holdings (SIRI) Stock Looks Fully Valued After S&P Index Additions

Sirius XM Holdings (SIRI) has just been added to the S&P 400, S&P 1000, S&P Composite 1500, and the S&P 400 Communication Services sector indices, coinciding with a sharp rise in institutional ownership. See our latest analysis for Sirius XM Holdings. The recent index inclusions have come after a strong run, with Sirius XM Holdings posting a 27.47% 90 day share price return and a 36.66% year to date share price return, while the 1 year total shareholder return sits at 35.20% against weaker 3...
User avatar
Narrative Update • Jun 08

SIRI: Direct To Device Spectrum Upside Will Drive Future Repricing

Analysts have modestly adjusted their Sirius XM Holdings price target to $45.00. This reflects slightly higher assumptions for revenue growth and profit margins, along with updated views on the value of the company's direct to device spectrum opportunity.
User avatar
Narrative Update • May 25

SIRI: Direct To Device Spectrum And Media Dealmaking Will Drive Future Repricing

Analysts have adjusted the Sirius XM Holdings price target to $41.68 from $31.00, citing updated views on the value of its direct to device spectrum and refreshed estimates following recent filings and sector research. Analyst Commentary Bullish analysts are highlighting Sirius XM Holdings as a direct to device spectrum story, pointing to fresh work on filings, sector research and sum of the parts analysis as key inputs to their updated views.
User avatar
Narrative Update • May 02

SIRI: Mixed Research, Merger Talks And Buybacks Will Shape Forward Risk Reward

Analysts have lifted the implied fair value for Sirius XM Holdings to $27.77 from $24.23, reflecting updates to their revenue growth, profit margin and future P/E assumptions in light of recent price target increases across several research firms. Analyst Commentary Recent Street research on Sirius XM Holdings has clustered around higher price targets and one rating upgrade, alongside at least one downgrade, giving you a mix of optimism and caution to weigh.
User avatar
Narrative Update • Apr 18

SIRI: Execution And Completed Buybacks Will Shape Balanced Risk Reward Outlook

Narrative Update on Sirius XM Holdings The analyst price target for Sirius XM Holdings has been maintained at $24.23. Recent mixed research views, including an upgrade, a downgrade, and a neutral initiation, are reflected in modest adjustments to the discount rate and future P/E assumptions rather than a headline target change.
User avatar
Narrative Update • Apr 04

SIRI: Recent Upgrade And Completed Buybacks Will Support Future Repricing

Analysts have slightly adjusted their Sirius XM view, nudging the average price target to $31.00. This change is supported by mixed recent research that includes an upgrade, a downgrade, and a new neutral initiation, reflecting differing opinions on growth, profitability, and valuation assumptions.
User avatar
Narrative Update • Mar 21

SIRI: Execution And Buybacks Will Shape Balanced Risk Reward Outlook

Narrative Update on Sirius XM Holdings The updated analyst price target for Sirius XM Holdings has been refined to $24.23 per share, with analysts pointing to modest shifts in discount rate assumptions and a slightly lower forward P/E outlook, informed by a recent mix of upgrades, downgrades, and neutral initiations on the stock. Analyst Commentary Recent Street research on Sirius XM Holdings reflects a split view, with one upgrade, one downgrade, and a neutral initiation all contributing to the updated price target of US$24.23.
User avatar
Narrative Update • Mar 07

SIRI: Recent Upgrade And Buybacks Will Support Future Share Repricing

Narrative Update: Sirius XM Holdings (SIRI) The updated analyst price target for Sirius XM has moved from $30.00 to $31.00, reflecting how analysts are weighing a slightly lower discount rate, modest tweaks to long term growth and margin assumptions, and a small adjustment to future P/E expectations following recent mixed research views on the stock. Analyst Commentary Recent Street research on Sirius XM has been mixed, but there are some clear positives that help explain why the updated analyst price target has edged higher.
User avatar
Narrative Update • Feb 20

SIRI: Share Repurchases And Cash Returns Will Shape Future Upside Potential

The analyst price target for Sirius XM Holdings has edged up from about $24.00 to roughly $24.23, with analysts pointing to slightly higher modeled revenue growth, a modestly higher future P/E, and revised views reflected in recent upgrades, downgrades, and neutral initiations. Analyst Commentary Recent research on Sirius XM Holdings shows a mix of optimism and caution, with views ranging from a fresh upgrade at JPMorgan to a more bearish stance and a neutral initiation.
Analysis Article • Feb 12

We Like Sirius XM Holdings' (NASDAQ:SIRI) Earnings For More Than Just Statutory Profit

Sirius XM Holdings Inc.'s ( NASDAQ:SIRI ) recent earnings report didn't offer any surprises, with the shares unchanged...
User avatar
Narrative Update • Feb 06

SIRI: Softer Margins And Rich P/E Will Constrain Future Upside

Analysts have kept their average price target for Sirius XM Holdings steady at US$18.00. Recent research cites a lower assumed discount rate, slightly softer profit margin expectations and a higher future P/E multiple, alongside mixed views reflected in a downgrade from Seaport Research and a neutral initiation from MoffettNathanson.
User avatar
Narrative Update • Jan 23

SIRI: Updated Guidance And Podcast Talks Will Support Future Share Repricing

Narrative Update The analyst price target for Sirius XM Holdings has moved from $19 to $20, with analysts citing updated company guidance and refreshed modeling assumptions, including changes to discount rate, revenue growth, profit margin estimates, and forward P/E expectations. Analyst Commentary JPMorgan raised its price target for Sirius XM Holdings to US$20 from US$19 and kept an Underweight rating after updating its model for the company’s latest guidance.
User avatar
Narrative Update • Jan 09

SIRI: Podcast Licensing Talks And Cash Returns Will Shape Future Upside Potential

Analysts have nudged their price target for Sirius XM Holdings higher to US$20 from US$19, citing updated company guidance that resulted in modest refinements in growth, margin and future P/E assumptions. Analyst Commentary JPMorgan's move to lift its price target for Sirius XM Holdings to US$20 from US$19, while keeping an Underweight rating, highlights how updated company guidance is feeding into revised growth, margin and P/E assumptions rather than a clear shift in overall stance.
User avatar
Narrative Update • Dec 14

SIRI: Podcast Licensing And Cash Returns Will Shape Balanced Future Outlook

Analysts modestly increased their price target on Sirius XM Holdings to $20 from $19, citing updated company guidance that led to refined modeling assumptions around growth, margins, and valuation multiples. Analyst Commentary Analysts reacted to the updated guidance by refining their models around subscriber trends, margins, and capital allocation, resulting in a modestly higher valuation framework for Sirius XM Holdings.
User avatar
Narrative Update • Nov 29

SIRI: Upcoming Podcast Licensing Deals Will Drive Future Returns

Analysts have raised their price target for Sirius XM Holdings by $1, increasing it from $19 to $20. This change is based on updates to the company's model in light of new financial guidance.
User avatar
Narrative Update • Nov 15

SIRI: Recurring Revenue Strength And New Partnerships Will Drive Future Returns

Analysts have increased their price target for Sirius XM Holdings from $19 to $20. This change reflects updated financial guidance and an improved outlook for revenue growth and profitability.
User avatar
Narrative Update • Nov 01

SIRI: Updated Content Deals And Talent Renewals Will Drive Balanced Performance Ahead

The analyst price target for Sirius XM Holdings has been raised, with the consensus moving up approximately $1. This change reflects updated guidance and easing concerns over operating results, according to analysts.
Analysis Article • Oct 28

Sirius XM Holdings (NASDAQ:SIRI) Has Affirmed Its Dividend Of $0.27

Sirius XM Holdings Inc.'s ( NASDAQ:SIRI ) investors are due to receive a payment of $0.27 per share on 21st of...
User avatar
Narrative Update • Oct 17

Expanding In-Car Digital Subscriptions Will Fuel Future Audio Success

Analysts have modestly increased their price targets for Sirius XM Holdings. Recent updates reflect a range between $20 and $28 per share, citing stable operating results, improvements in free cash flow, and ongoing revenue challenges noted after the second quarter report.
User avatar
Narrative Update • Oct 03

Expanding In-Car Digital Subscriptions Will Fuel Future Audio Success

Analysts have adjusted their price targets for Sirius XM Holdings, with recent updates ranging from a reduction of $1 to $20 to an increase of $1 to $23. These changes reflect mixed expectations driven by improving free cash flow as well as ongoing challenges in subscriber growth and advertising.
User avatar
Narrative Update • Sep 17

Expanding In-Car Digital Subscriptions Will Fuel Future Audio Success

Analysts maintained Sirius XM Holdings' price target unchanged at $23.64, as improving free cash flow and minimal Stern-exit risk are balanced by ongoing ad revenue and subscriber growth headwinds, with valuation factoring in modest operational revisions. Analyst Commentary Bullish analysts see minimal operational or share price impact from a possible Howard Stern exit, citing SiriusXM's ownership of Stern content rights and robust audio personality roster (e.g., Stephen A.
User avatar
Narrative Update • Sep 02

Expanding In-Car Digital Subscriptions Will Fuel Future Audio Success

Sirius XM's consensus price target remained unchanged at $23.64 as improved free cash flow and minimal risk from Howard Stern's potential departure balanced ongoing concerns about streaming subscriber growth and weak ad revenue, leading analysts to maintain a cautious near-term outlook. Analyst Commentary Minimal expected impact from a potential Howard Stern departure, as Sirius XM retains rights to Stern's content and continues to sign high-profile talent.
User avatar
Narrative Update • Aug 19

Expanding In-Car Digital Subscriptions Will Fuel Future Audio Success

Analysts maintained Sirius XM Holdings’ price target at $23.64 as improved Q2 results and solid free cash flow were offset by concerns over future guidance, sluggish streaming-only subscriber growth, and persistent ad revenue weakness. Analyst Commentary Bullish analysts see minimal impact on operating results or share price from a potential Howard Stern departure, with SiriusXM retaining exclusive rights and introducing other prominent audio personalities.
Seeking Alpha • Mar 28

Sirius XM: A Market-Beating Opportunity Backed By Buffett

Summary Sirius XM offers a predictable revenue stream through its subscription-based model and has strong operating margins and cash flow. Warren Buffett's Berkshire Hathaway owns 35% of SIRI. Despite lower returns on capital recently, the Company has historically had strong capital returns, making it a solid value pick. Sirius XM's current low stock price makes it an attractive investment, with an earnings yield higher than the current risk-free rate. Risks include potential impairments from mergers and acquisitions, but SIRI's strategy and investments in exclusive content could drive growth. Read the full article on Seeking Alpha
New Narrative • Mar 27

Negative equity is not always a negative

This is a negative equity company.....it's debt load is not a burden but it's investment vehicle. You CAN argue if a catastrophic event happens Siri is underwater (like covid). However, looking forwar
Seeking Alpha • Feb 21

Sirius XM: Investors Should Listen To The Strong Technicals And Attractive Valuation

Summary The technicals are strong for Sirius XM Holdings, as the vast majority of indications and signals point towards further strength. The latest results were slightly mixed, with revenue growth being weak, but 2025 full-year guidance was promising. After evaluating the P/S and P/FCF ratios, the stock seems undervalued at current levels as the major improvements in FCF growth are not reflected. I initiate SIRI stock at a buy rating with the technicals being bullish and the fundamentals offering a favourable setup. Read the full article on Seeking Alpha
Seeking Alpha • Jan 15

Join Berkshire, Buy More Sirius XM Holdings Stock

Summary Berkshire Hathaway Inc. has a substantial stake in Sirius XM Holdings Inc., indicating confidence in its potential despite current challenges. Sirius XM must improve its advertising revenue and cost savings to enhance margins and overall financial health. The primary risk is Sirius XM's struggle to compete with Spotify and adapt to a rapidly changing market. Investing in SIRI stock is recommended due to its ongoing efforts to improve business reliability and financials. Read the full article on Seeking Alpha

Shareholder Returns

SIRIUS MediaUS Market
7D0.6%-0.4%-0.9%
1Y24.4%-29.3%13.9%

Return vs Industry: SIRI exceeded the US Media industry which returned -29.3% over the past year.

Return vs Market: SIRI exceeded the US Market which returned 13.9% over the past year.

Price Volatility

Is SIRI's price volatile compared to industry and market?
SIRI volatility
SIRI Average Weekly Movement4.4%
Media Industry Average Movement9.8%
Market Average Movement6.9%
10% most volatile stocks in US Market15.3%
10% least volatile stocks in US Market2.9%

Stable Share Price: SIRI has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SIRI's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20135,119Jennifer Witzwww.siriusxm.com

Sirius XM Holdings Inc. operates as an audio entertainment company in North America. It operates through two segments, Sirius XM, and Pandora and Off-platform. The Sirius XM segment provides music, sports, entertainment, comedy, and talk and news channels, as well as podcast and infotainment services on subscription fee basis; and live, curated, and exclusive and on demand programming services through satellite radio systems and streamed through applications for mobile and home devices, and other consumer electronic equipment.

Sirius XM Holdings Inc. Fundamentals Summary

How do Sirius XM Holdings's earnings and revenue compare to its market cap?
SIRI fundamental statistics
Market capUS$9.83b
Earnings (TTM)US$880.00m
Revenue (TTM)US$8.60b
11.2x
P/E Ratio
1.1x
P/S Ratio

Is SIRI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SIRI income statement (TTM)
RevenueUS$8.60b
Cost of RevenueUS$4.53b
Gross ProfitUS$4.07b
Other ExpensesUS$3.19b
EarningsUS$880.00m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)2.61
Gross Margin47.36%
Net Profit Margin10.23%
Debt/Equity Ratio79.4%

How did SIRI perform over the long term?

See historical performance and comparison

Dividends

3.7%
Current Dividend Yield
41%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 03:29
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sirius XM Holdings Inc. is covered by 25 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William Noel MilnerArete Research Services LLP
Patrick ShollBarrington Research Associates, Inc.
Jessica Reif Ehrlich CohenBofA Global Research

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