SIRI - Sirius XM - Stock Forecast

Communication Services - Sector
Coverage Profile Performance Price Targets & Ratings Chart Insider Trading

SIRI is currently covered by 14 analysts with an average price target of $3.49. This is a potential upside of $0.36 (11.5%) from yesterday's end of day stock price of $3.13.

Sirius XM's activity chart (see below) currently has 104 price targets and 132 ratings on display. The stock rating distribution of SIRI is 34.55% SELL, 29.09% BUY and 36.36% HOLD.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 83.18% with an average time for these price targets to be met of 490.95 days.

Highest price target for SIRI is $6.5, Lowest price target is $3, average price target is $3.49.

Most recent stock forecast was given by STEVEN CAHALL from WELLS FARGO on 01-Apr-2024. First documented stock forecast 07-Feb-2012.

What is Sirius?

Sirius XM Holdings Inc. is a broadcasting company that specializes in providing satellite and online radio services to customers in the United States and Canada. The company generates revenue from various channels, including subscriptions, advertising, and equipment sales.

Revenue Channels

The primary revenue channel for Sirius XM is subscriptions. The company offers a wide range of subscription plans, including monthly, quarterly, semi-annual, and annual plans. Customers can access Sirius XM’s radio services through a variety of platforms, including satellite radio receivers, smartphones, tablets, and computers. As of December 2021, Sirius XM had approximately 36.4 million subscribers in the United States and Canada.

Sirius XM also generates revenue from advertising. The company sells advertising on its various radio channels, which range from commercial-free music channels to sports and talk radio channels. Advertisers can target specific audiences based on factors such as geography, demographic data, and listening habits.

The company also generates revenue from equipment sales. Sirius XM sells satellite radio receivers and other hardware through its website and third-party retailers. Customers can purchase new and used equipment, as well as accessories such as antennas, car kits, and portable speakers.

History

Sirius XM Holdings Inc. was incorporated in 1990 and is headquartered in New York City. The company was formed through the merger of Sirius Satellite Radio and XM Satellite Radio in 2008. Sirius XM Holdings Inc. operates as a subsidiary of Sirius XM Holdings LLC, which is a subsidiary of Liberty Media Corporation.

Currently out of the existing stock ratings of SIRI, 19 are a SELL (34.55%), 16 are a BUY (29.09%), 20 are a HOLD (36.36%).

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Sell

3

$-0.38 (-11.24%)

4.5

21 days ago

9/11 (81.82%)

$-0.83 (-21.67%)

360

Buy

6.5

$3.12 (92.31%)

7

26 days ago

4/8 (50%)

$2.6 (66.67%)

334

Hold

5.3

$1.92 (56.80%)

5

3 months 3 days ago

8/10 (80%)

$-0.09 (-1.67%)

259

Sell

4.1

$0.72 (21.30%)

3.6

3 months 10 days ago

9/9 (100%)

$-1.08 (-20.85%)

331

Hold

4.5

$1.12 (33.14%)

5

5 months 20 days ago

6/8 (75%)

$-0.1 (-2.17%)

198

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What is SIRI (Sirius XM) average time for price targets to be met?

On average it took 490.95 days on average for the stock forecasts to be realized with a an average price target met ratio 83.18

Which analyst has the current highest performing score on SIRI (Sirius XM) with a proven track record?

ZACK SILVER

Which analyst has the most public recommendations on SIRI (Sirius XM)?

Zack Silver has 16 price targets and 11 ratings on SIRI

Which analyst is the currently most bullish on SIRI (Sirius XM)?

Amy Yong with highest potential upside - $4.37

Which analyst is the currently most reserved on SIRI (Sirius XM)?

Steven Cahall with lowest potential downside - -$0.38

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