Sirius XM’s (SIRI) “Buy” Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities reiterated their buy rating on shares of Sirius XM (NASDAQ:SIRI) in a report published on Tuesday,Benzinga reports. They currently have a $45.00 price target on the stock.

Other research analysts have also recently issued reports about the stock. Guggenheim reissued a “buy” rating on shares of Sirius XM in a research report on Wednesday, June 17th. Morgan Stanley raised their target price on shares of Sirius XM from $24.00 to $28.00 and gave the company an “underweight” rating in a research note on Tuesday, July 21st. Evercore set a $28.00 target price on shares of Sirius XM in a research note on Friday, May 1st. Weiss Ratings upgraded shares of Sirius XM from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 9th. Finally, Barrington Research boosted their price target on Sirius XM from $28.00 to $32.00 and gave the stock an “outperform” rating in a research report on Monday, May 4th. Four research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $29.64.

Sirius XM Price Performance

SIRI opened at $30.97 on Tuesday. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.83. The company has a market cap of $10.43 billion, a price-to-earnings ratio of 13.07, a price-to-earnings-growth ratio of 0.70 and a beta of 0.95. The stock has a fifty day simple moving average of $29.34 and a two-hundred day simple moving average of $25.30. Sirius XM has a 12-month low of $19.76 and a 12-month high of $32.66.

Sirius XM (NASDAQ:SIRI) last announced its earnings results on Thursday, July 30th. The company reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.08). The business had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.14 billion. Sirius XM had a net margin of 9.86% and a return on equity of 9.19%. The business’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.57 EPS. Research analysts predict that Sirius XM will post 3.1 earnings per share for the current fiscal year.

Sirius XM Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 26th. Stockholders of record on Monday, August 10th will be paid a $0.27 dividend. The ex-dividend date is Monday, August 10th. This represents a $1.08 annualized dividend and a dividend yield of 3.5%. Sirius XM’s payout ratio is currently 45.57%.

Insider Activity

In other news, insider Scott Andrew Greenstein sold 20,744 shares of the company’s stock in a transaction on 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 of the company’s stock, valued at $601,462.29. This represents a 50.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 3.27% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Sirius XM

Large investors have recently bought and sold shares of the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in Sirius XM by 5.4% in 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. Valeo Financial Advisors LLC boosted its holdings in shares of Sirius XM by 3.2% during the 2nd quarter. Valeo Financial Advisors LLC now owns 10,916 shares of the company’s stock valued at $322,000 after acquiring an additional 340 shares during the last quarter. Sprinkle Financial Consultants LLC purchased a new stake in shares of Sirius XM during the 2nd quarter valued at about $961,000. GAMMA Investing LLC grew its stake in shares of Sirius XM by 44.1% in the second quarter. GAMMA Investing LLC now owns 2,823 shares of the company’s stock worth $83,000 after acquiring an additional 864 shares during the period. Finally, CoreCap Advisors LLC grew its stake in shares of Sirius XM by 421.7% in the second quarter. CoreCap Advisors LLC now owns 3,130 shares of the company’s stock worth $92,000 after acquiring an additional 2,530 shares during the period. 10.69% of the stock is currently owned by institutional investors.

Trending Headlines about Sirius XM

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

• Positive Sentiment: Sirius XM returned to positive net subscriber growth, adding 22,000 subscribers, while reporting record-low churn. Management also highlighted strong advertising performance and free cash flow. Sirius XM Q2 2026 earnings call highlights
• Positive Sentiment: Management raised its 2026 outlook, targeting approximately $8.525 billion in revenue and $1.375 billion in free cash flow, with the revenue outlook reportedly increased by $25 million. SiriusXM outlines 2026 targets
• Positive Sentiment: The company announced a $5-per-month Sports Pass featuring sports audio and content including WWE Radio, creating a potentially attractive low-cost offering to broaden engagement and subscriber monetization. SiriusXM sports plan
• Positive Sentiment: Wells Fargo upgraded Sirius XM, while Rosenblatt Securities reiterated a Buy rating, providing additional analyst support. Wells Fargo upgrade
• Neutral Sentiment: Revenue increased 1% year over year to $2.16 billion, exceeding the $2.14 billion consensus estimate, but growth remained limited. Sirius XM Q2 sales results
• Negative Sentiment: Adjusted earnings of $0.70 per share fell short of the $0.78 analyst consensus, an earnings surprise of roughly negative 10%, making the profit miss the primary pressure on the stock. Sirius XM misses Q2 earnings estimates
• Negative Sentiment: Chief Operating Officer Wayne Thorsen is departing amid a restructuring, introducing leadership-transition uncertainty as Sirius XM works to improve operating performance. Sirius XM COO departure

Sirius XM Company Profile

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.