Sirius XM (NASDAQ:SIRI) Price Target Raised to $24.00 at Rosenblatt Securities

Sirius XM (NASDAQ:SIRI) had its target price raised by equities research analysts at Rosenblatt Securities from $23.00 to $24.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Rosenblatt Securities’ price target indicates a potential upside of 6.19% from the stock’s current price.

A number of other equities analysts have also recently weighed in on SIRI. Benchmark reissued a “buy” rating and issued a $30.00 price target (up previously from $28.00) on shares of Sirius XM in a research note on Friday, October 31st. JPMorgan Chase & Co. raised their price objective on shares of Sirius XM from $19.00 to $20.00 and gave the stock an “underweight” rating in a research note on Friday, October 31st. Barrington Research reissued an “outperform” rating and set a $28.00 target price on shares of Sirius XM in a research note on Thursday. Weiss Ratings restated a “hold (c-)” rating on shares of Sirius XM in a report on Monday, December 29th. Finally, Moffett Nathanson initiated coverage on Sirius XM in a research note on Tuesday, January 27th. They issued a “neutral” rating and a $21.00 price objective for the company. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Sirius XM has a consensus rating of “Hold” and an average target price of $24.00.

Sirius XM Trading Up 9.0%

Sirius XM stock opened at $22.60 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.31 and a quick ratio of 0.31. The stock has a market capitalization of $7.61 billion, a PE ratio of 7.99, a price-to-earnings-growth ratio of 0.28 and a beta of 0.93. The firm has a 50 day simple moving average of $20.94 and a 200-day simple moving average of $21.87. Sirius XM has a 12-month low of $18.69 and a 12-month high of $27.41.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of SIRI. Sound Income Strategies LLC acquired a new position in Sirius XM during the third quarter worth $33,000. Quaker Wealth Management LLC boosted its stake in shares of Sirius XM by 214.7% during the 2nd quarter. Quaker Wealth Management LLC now owns 1,603 shares of the company’s stock worth $37,000 after acquiring an additional 3,001 shares in the last quarter. True Wealth Design LLC increased its holdings in shares of Sirius XM by 47.8% during the 2nd quarter. True Wealth Design LLC now owns 1,616 shares of the company’s stock valued at $37,000 after acquiring an additional 523 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in Sirius XM by 36.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,836 shares of the company’s stock worth $41,000 after purchasing an additional 493 shares during the last quarter. Finally, Mather Group LLC. acquired a new position in Sirius XM during the third quarter valued at approximately $42,000. Institutional investors own 10.69% of the company’s stock.

Trending Headlines about Sirius XM

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

• Positive Sentiment: Management raised its free cash flow outlook and highlighted ongoing cost cuts that underpin a stronger cash-flow profile, with targets of roughly $1.35B in FCF for 2026 and $1.5B by 2027 — a primary driver of investor enthusiasm. Read More.
• Positive Sentiment: Quarterly operating results included revenue roughly in line with expectations and metrics investors read as encouraging; management highlighted subscriber momentum (about 33 million subscribers) and premium content demand that supported upside sentiment. Read More.
• Positive Sentiment: An analyst reaffirmation and a higher price target provided additional support — Barrington maintained an outperform stance and a $28 target, signaling continued analyst conviction. Read More.
• Neutral Sentiment: Some outlets characterize the quarter as a mixed result (revenue roughly flat year-over-year and guidance indicating 2026 revenue close to 2025 levels), meaning growth expectations remain modest. Read More.
• Neutral Sentiment: Coverage pieces and earnings recaps summarize key metrics and may help investors parse GAAP vs. adjusted figures; review the company slide deck and call for details. Read More.
• Negative Sentiment: Reported GAAP EPS figures were mixed across reports (some outlets noted a GAAP EPS of $0.24 vs. consensus figures), creating short-term confusion and a possible headwind for investors focused on EPS comparisons. Read More.
• Negative Sentiment: The company agreed to a roughly $28M settlement related to alleged telemarketing practices — a headline legal expense that is manageable vs. the company’s market cap but nevertheless a small near-term liability. Read More.

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.