Sirius XM (NASDAQ:SIRI) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Sirius XM (NASDAQ:SIRI) from a neutral rating to a buy rating in a report released on Tuesday morning, MarketBeat.com reports. They currently have $37.00 price objective on the stock, up from their prior price objective of $33.00.

Other equities analysts have also issued reports about the stock. Weiss Ratings upgraded shares of Sirius XM from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. Bank of America reaffirmed an “underperform” rating on shares of Sirius XM in a research note on Friday, July 31st. Guggenheim reaffirmed a “buy” rating on shares of Sirius XM in a research report on Thursday, October 29th. Deutsche Bank Aktiengesellschaft upgraded Sirius XM from a “hold” rating to a “buy” rating and lifted their target price for the company from $31.00 to $45.00 in a research note on Wednesday, September 2nd. Finally, Scotiabank assumed coverage on Sirius XM in a research note on Wednesday, September 2nd. They set an “outperform” rating for the company. Nine analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $32.92.

Sirius XM Trading Down 0.5%

NASDAQ SIRI opened at $33.22 on Tuesday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.32 and a current ratio of 0.32. The firm has a market cap of $11.18 billion, a price-to-earnings ratio of 10.99, a PEG ratio of 0.55 and a beta of 0.98. The firm has a 50 day simple moving average of $27.78 and a 200-day simple moving average of $26.38. Sirius XM has a one year low of $19.76 and a one year high of $33.76.

Sirius XM (NASDAQ:SIRI) last issued its quarterly earnings results on Thursday, October 29th. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.01. The company had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2.16 billion. Sirius XM had a return on equity of 9.42% and a net margin of 10.47%. Sirius XM’s revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.84 EPS. Equities research analysts anticipate that Sirius XM will post 3.00 EPS for the current fiscal year.

Sirius XM Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 23rd. Stockholders of record on Friday, November 6th will be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Friday, November 6th. Sirius XM’s payout ratio is 44.26%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in SIRI. Global Retirement Partners LLC purchased a new position in Sirius XM in the second quarter valued at about $32,000. Sunbelt Securities Inc. grew its holdings in shares of Sirius XM by 158.5% in the 1st quarter. Sunbelt Securities Inc. now owns 1,295 shares of the company’s stock worth $30,000 after acquiring an additional 794 shares during the period. Root Financial Partners LLC increased its stake in Sirius XM by 612.8% in the 1st quarter. Root Financial Partners LLC now owns 1,390 shares of the company’s stock valued at $32,000 after purchasing an additional 1,195 shares in the last quarter. Western Wealth Management LLC purchased a new position in Sirius XM in the 1st quarter valued at approximately $33,000. Finally, Altshuler Shaham Ltd raised its holdings in Sirius XM by 36.7% during the first quarter. Altshuler Shaham Ltd now owns 1,553 shares of the company’s stock worth $36,000 after purchasing an additional 417 shares during the last quarter. 10.69% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Sirius XM

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

• Positive Sentiment: Sirius XM raised its full-year 2026 earnings guidance after reporting third-quarter revenue of $2.153 billion and net income of $317 million. The company is targeting about $8.55 billion in annual revenue, and the results suggest cost discipline is helping earnings despite modest top-line growth. Sirius XM Stock Gains Support After Earnings Guidance Raise
• Positive Sentiment: Berkshire Hathaway added nearly one million Sirius XM shares, a roughly $27 million purchase that helped draw investor attention as the stock reached a 52-week high. The buying may be read as a vote of confidence, though it does not guarantee future performance. Berkshire Hathaway Buys More Sirius XM, Sending Stock to 52-Week High
• Positive Sentiment: Goldman Sachs upgraded SIRI to Buy, adding a favorable analyst view that could support sentiment. The Goldman Sachs Group Upgrades Sirius XM to Buy
• Neutral Sentiment: Call-option trading was unusually active, with 39,523 calls bought—about 95% above the reported average. This indicates heightened positioning but does not establish a lasting bullish outlook.
• Neutral Sentiment: SiriusXM is launching a Wu-Tang Clan pop-up channel and fan Q&A. The programming may support listener engagement, but no material financial impact was reported. Wu-Tang Clan Takes Over SiriusXM With New Channel and Fan Q&A
• Negative Sentiment: JPMorgan lowered its expectations for SIRI, providing a counterpoint to Goldman’s upgrade and potentially limiting optimism. JPMorgan Chase & Co. Has Lowered Expectations for Sirius XM Stock Price

Sirius XM Company Profile

Sirius XM Holdings Inc is a media and entertainment company that provides subscription-based audio programming through its SiriusXM service. The company delivers a broad range of commercial-free music, live sports, news, talk and entertainment programming, including exclusive channels, original shows and coverage of major events.

SiriusXM content is distributed primarily through satellite radio and internet streaming. Subscribers can access the service in vehicles, through the SiriusXM mobile app and website, and on supported connected devices.