From what 18 stock analysts predict, the share price for Sirius XM Holdings Inc (SIRI) might increase by 47.03% in the next year. This is based on a 12-month average estimation for SIRI. Price targets go from $21 to $65. The majority of stock analysts believe SIRI is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 18 Wall Street analysts have assignedSIRI 8 buy ratings, 8 hold ratings, and 2 sell ratings. This means that analysts expect Sirius XM Holdings Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on SIRI. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of SIRI.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Jason Bazinet Citigroup | Sell | $21 | Maintains | Sep 26, 2024 |
Cameron Mansson-Perrone Morgan Stanley | Underweight | $23 | Reinstates | Sep 24, 2024 |
Curry Baker Guggenheim | Buy | $30 | Upgrade | Sep 18, 2024 |
Stephen Laszczyk Goldman Sachs | Neutral | $26 | Maintains | Sep 17, 2024 |
Barton Crockett Rosenblatt | Neutral | $28 | Maintains | Sep 16, 2024 |
Bryan Kraft Deutsche Bank | Hold | $3 | Maintains | Aug 6, 2024 |
Jason Bazinet Citigroup | Sell | $2.8 | Downgrade | Jul 25, 2024 |
James Goss Barrington Research | Outperform | $4.75 | Maintains | Jul 15, 2024 |
Curry Baker Guggenheim | Neutral | $2.9 | Maintains | Jun 27, 2024 |
Vijay Jayant Evercore ISI Group | In-Line | $3.25 | Upgrade | Jun 24, 2024 |
James Goss Barrington Research | Outperform | $4.75 | Maintains | May 28, 2024 |
Stephen Laszczyk Goldman Sachs | Neutral | $3.25 | Upgrade | May 1, 2024 |
Steven Cahall Wells Fargo | Underweight | $2.5 | Maintains | May 1, 2024 |
James Goss Barrington Research | Outperform | $4.75 | Maintains | May 1, 2024 |
Barton Crockett Rosenblatt | Neutral | $3.4 | Maintains | May 1, 2024 |
James Goss Barrington Research | Outperform | $5.75 | Maintains | Apr 30, 2024 |
David Joyce Seaport Global | Buy | $4.3 | Upgrade | Apr 29, 2024 |
Jason Bazinet Citigroup | Neutral | $3.3 | Upgrade | Apr 24, 2024 |
Jeffrey Wlodarczak Pivotal Research | Buy | $4.9 | Upgrade | Apr 24, 2024 |
Steven Cahall Wells Fargo | Underweight | $3 | Maintains | Apr 1, 2024 |
When did it IPO
1994
Staff Count
5,680
Country
United States
Sector/Industry
Communication Services/Entertainment
CEO
Ms. Jennifer C. Witz
Market Cap
$7.71B
In 2023, SIRI generated $8.95B in revenue, which was a decrease of -0.56% from the previous year. This can be seen as a signal that SIRI's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - OPRA, PAM, and SIRI were ranked as Zacks Rank #1 (Strong Buy) value stocks as of September 30, 2024.
Why It Matters - OPRA, PAM, and SIRI being ranked as Strong Buy indicates strong potential for price appreciation, signaling bullish sentiment and potential returns for investors in these stocks.
Summary - In 2024, over a dozen prominent companies executed stock splits, with only one performing a reverse split, which was not due to delisting risk.
Why It Matters - The announcement of numerous stock splits indicates bullish market sentiment, while the reverse split suggests a strategic move to enhance share price perception without delisting concerns.
Summary - Zacks Style Scores can help investors select strong, market-beating stocks for their investment portfolios.
Why It Matters - Zacks Style Scores provide a systematic way to identify stocks with potential for higher returns, influencing investment decisions and portfolio performance.
Summary - Warren Buffett has a favorable view of Sirius XM's management, indicating his understanding of the company's business operations.
Why It Matters - Warren Buffett's positive view on Sirius XM's management can boost investor confidence, potentially driving up stock prices as his endorsement often influences market perception.
Summary - Sirius XM's stock has struggled for decades, with Berkshire Hathaway holding approximately 31% of the company's shares.
Why It Matters - Sirius XM's long-term stock underperformance raises concerns about its growth potential, especially with Berkshire Hathaway's significant stake, influencing investor sentiment and decisions.
Summary - Sirius XM's stock has declined this year despite a rising market. The recent Fed rate cut may create new opportunities for the company.
Why It Matters - Sirius XM's decline amidst a rising market signals potential undervaluation. The Fed's rate cut may enhance borrowing and spending, benefiting the company's growth prospects and stock performance.