SiriusXM (SIRI)

• Market cap: $7.25B
• 1 day: -1.43%
• 5 days: 1.04%
• 1 month: -5.01%
• 3 months: -7.31%
• 6 months: -21.80%
• Year to date: -3.08%
• 1 year: -27.14%
• 5 years: -63.76%
• 10 years: -45.77%
• Sector: Communication Services
• Industry: Entertainment

About: Sirius XM operates almost exclusively in the US through its SiriusXM and Pandora audio services. SiriusXM is primarily a satellite radio service, which offers nationwide coverage and mostly ad-free listening, with proprietary channels and exclusive content. It makes agreements with automakers to install its radios in vehicles and give trial services to vehicle buyers, which have traditionally fed its subscriber base. The company operates the service through a handful of geostationary satellites that it owns and operates, but it now offers a streaming SiriusXM option as well. Pandora, which makes up a much smaller portion of revenue and profit, offers a subscription and ad-supported streaming music service that competes with industry giants like Spotify, Apple Music, and YouTube Music.

Employees: 5,515

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

64% more call options, than puts

Call options by funds: $596M | Put options by funds: $362M

54% more first-time investments, than exits

New positions opened: 143 | Existing positions closed: 93

8% more funds holding

Funds holding: 502 [Q3] → 544 (+42) [Q4]

2.73% more ownership

Funds ownership: 72.01% [Q3] → 74.74% (+2.73%) [Q4]

0% less capital invested

Capital invested by funds: $5.78B [Q3] → $5.78B (-$581K) [Q4]

13% less funds holding in top 10

Funds holding in top 10: 16 [Q3] → 14 (-2) [Q4]

20% less repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 176

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $24 12% upside
• Avg. target: $28 29% upside
• High target: $30 40% upside

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

Seaport Global David Joyce 58% 1-year accuracy 7 / 12 met price target	26% upside $27	Buy Upgraded	9 Apr 2025
Rosenblatt Barton Crockett 35% 1-year accuracy 22 / 63 met price target	12% upside $24	Neutral Maintained	3 Feb 2025
Barrington Research Patrick Sholl 27% 1-year accuracy 4 / 15 met price target	31% upside $28	Outperform Maintained	31 Jan 2025
Guggenheim Curry Baker 27% 1-year accuracy 10 / 37 met price target	35% upside $29	Buy Reiterated	31 Jan 2025
Barrington Research James Goss 31% 1-year accuracy 29 / 93 met price target	40% upside $30	Outperform Maintained	30 Jan 2025