Sirius XM Holdings Inc. (NASDAQ:SIRI) Receives $28.00 Average PT from Brokerages

Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) have earned an average recommendation of “Hold” from the twelve analysts that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $30.8182.

SIRI has been the subject of several research reports. Evercore set a $28.00 price objective on Sirius XM in a research report on Friday, May 1st. JPMorgan Chase & Co. upped their target price on shares of Sirius XM from $26.00 to $34.00 and gave the company a “neutral” rating in a research note on Friday. UBS Group set a $30.00 price target on shares of Sirius XM in a report on Wednesday. Citigroup restated a “sell” rating and issued a $25.00 price target (up from $22.00) on shares of Sirius XM in a research report on Friday. Finally, Morgan Stanley boosted their price objective on shares of Sirius XM from $24.00 to $28.00 and gave the stock an “underweight” rating in a report on Tuesday, July 21st.

Key Sirius XM News

Here are the key news stories impacting Sirius XM this week:

• Positive Sentiment: Sirius XM reported 1% year-over-year revenue growth to approximately $2.16 billion, exceeding estimates, while adjusted EBITDA rose 3% and free cash flow increased 48%. The company also returned to positive net subscriber growth, adding 22,000 subscribers, and reported a record-low 1.4% churn rate. Sirius XM Q2 2026 earnings call highlights
• Positive Sentiment: Management raised its 2026 targets, including approximately $8.525 billion in revenue and $1.375 billion in free cash flow. Falling leverage toward the 3.4x target could allow Sirius XM to restart share repurchases, supporting the stock’s valuation and per-share cash-flow outlook. SiriusXM outlines 2026 targets
• Positive Sentiment: JPMorgan raised its price target from $26 to $34 while maintaining a neutral rating, and Wells Fargo lifted its target from $30 to $31 with an equal-weight rating. These changes suggest improved expectations, although neither firm adopted a bullish rating. Analyst price-target updates
• Neutral Sentiment: The company launched a $5-per-month Sports Pass featuring sports audio and WWE Radio. The offering could broaden Sirius XM’s subscriber base and advertising opportunities, but its financial impact has not yet been demonstrated. SiriusXM sports plan
• Negative Sentiment: Second-quarter adjusted earnings of $0.70 per share missed the $0.78 consensus estimate, even though earnings improved from $0.57 a year earlier. The earnings shortfall outweighed the revenue beat and prompted the post-results selloff. Sirius XM Q2 earnings miss
• Negative Sentiment: Investors viewed the revised 2026 outlook as insufficiently strong relative to expectations, with revenue guidance around $8.5 billion versus consensus near $8.6 billion. The departure of COO Wayne Thorsen amid restructuring adds an additional execution and leadership uncertainty. SiriusXM shares slide after earnings

Insider Transactions at Sirius XM

In related news, insider Scott Andrew Greenstein sold 20,744 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $29.83, for a total transaction of $618,793.52. Following the transaction, the insider directly owned 20,163 shares in the company, valued at $601,462.29. The trade was a 50.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 3.27% of the stock is owned by corporate insiders.

Institutional Trading of Sirius XM

Institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its position in Sirius XM by 262.1% in the first quarter. Dimensional Fund Advisors LP now owns 6,301,181 shares of the company’s stock worth $145,426,000 after purchasing an additional 4,560,821 shares during the period. AQR Capital Management LLC boosted its stake in Sirius XM by 165.2% during the second quarter. AQR Capital Management LLC now owns 5,191,440 shares of the company’s stock worth $117,327,000 after buying an additional 3,233,922 shares in the last quarter. State Street Corp increased its holdings in Sirius XM by 0.7% in the 4th quarter. State Street Corp now owns 3,487,415 shares of the company’s stock valued at $69,731,000 after buying an additional 25,906 shares during the period. Check Capital Management Inc. CA raised its stake in shares of Sirius XM by 2.0% in the 1st quarter. Check Capital Management Inc. CA now owns 2,942,595 shares of the company’s stock valued at $67,915,000 after buying an additional 59,095 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Sirius XM in the 4th quarter valued at $57,124,000. Institutional investors and hedge funds own 10.69% of the company’s stock.

Sirius XM Price Performance

NASDAQ SIRI opened at $29.62 on Monday. The stock has a 50-day simple moving average of $29.36 and a 200 day simple moving average of $25.33. Sirius XM has a twelve month low of $19.76 and a twelve month high of $32.66. The stock has a market capitalization of $9.97 billion, a PE ratio of 11.85, a P/E/G ratio of 0.67 and a beta of 0.95. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.44 and a current ratio of 0.46.

Sirius XM (NASDAQ:SIRI) last released its earnings results on Thursday, July 30th. The company reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.08). The business had revenue of $2.16 billion during the quarter, compared to analyst estimates of $2.14 billion. Sirius XM had a net margin of 10.23% and a return on equity of 9.37%. The business’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period last year, the business earned $0.57 EPS. Research analysts anticipate that Sirius XM will post 3.1 EPS for the current year.

Sirius XM Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 26th. Investors of record on Monday, August 10th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a yield of 3.6%. Sirius XM’s dividend payout ratio (DPR) is 45.57%.

About Sirius XM

Sirius XM Holdings Inc is a leading audio entertainment company specializing in subscription-based satellite and streaming radio services. Formed in 2008 through the merger of Sirius Satellite Radio and XM Satellite Radio, the company delivers a broad range of programming across music, sports, news, talk and comedy channels. Sirius XM’s offerings include exclusive live sports play-by-play, artist-curated music channels, news coverage from major networks and original talk and entertainment series.

Headquartered in New York City, Sirius XM serves listeners throughout the United States and Canada, reaching tens of millions of subscribers.