Sirius XM (NASDAQ:SIRI) Shares Break Above 50 Day Moving Average – What’s Next?

Sirius XM Holdings Inc. (NASDAQ:SIRI)’s share price crossed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $27.51 and traded as high as $28.70. Sirius XM shares last traded at $28.67, with a volume of 6,760,103 shares traded.

Key Headlines Impacting Sirius XM

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

• Positive Sentiment: Higher 2026 outlook: Sirius XM raised its full-year free cash flow guidance to approximately $1.4 billion and set revenue guidance at about $8.55 billion, supporting the stock’s income and cash-generation appeal. SiriusXM expects $1.4B 2026 free cash flow as it raises guidance to $8.55B revenue
• Positive Sentiment: Subscriber losses stabilized: Self-pay net additions reached 5,000 during the third quarter, while the overall subscriber base held near 33 million. The stabilization reduces concerns about continued customer attrition. Sirius XM: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Analyst price target increased: Wells Fargo lifted its target from $31 to $33 while maintaining an “equal weight” rating, implying additional potential upside but not a strong bullish endorsement. Wells Fargo Sirius XM price target
• Positive Sentiment: Growing content and advertising opportunities: SiriusXM is expanding its podcast business through creators such as MrBallen and Alex Cooper, including efforts to grow YouTube distribution and advertising sales. WWE Radio also reportedly gained nearly 20% in listenership following the company’s rebrand. Inside SiriusXM’s Growing Podcast Empire

Wall Street Analyst Weigh In

SIRI has been the topic of several research analyst reports. BNP Paribas Exane cut Sirius XM to a “neutral” rating in a research report on Wednesday, September 2nd. Weiss Ratings raised Sirius XM from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. Wolfe Research began coverage on Sirius XM in a research note on Wednesday, September 2nd. They set an “outperform” rating on the stock. JPMorgan Chase & Co. boosted their price target on shares of Sirius XM from $26.00 to $34.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Sirius XM from a “hold” rating to a “buy” rating and increased their price target for the company from $31.00 to $45.00 in a research report on Wednesday, September 2nd. Eight equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Sirius XM has an average rating of “Hold” and an average price target of $32.75.

Sirius XM Trading Up 1.2%

The firm has a 50 day moving average of $27.53 and a 200 day moving average of $26.16. The firm has a market cap of $9.78 billion, a PE ratio of 11.89, a P/E/G ratio of 0.52 and a beta of 0.98. The company has a quick ratio of 0.46, a current ratio of 0.32 and a debt-to-equity ratio of 0.66.

Sirius XM (NASDAQ:SIRI) last released its earnings results on Thursday, October 29th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.01. The business had revenue of $2.15 billion during 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%. The business’s revenue for the quarter was down .4% on a year-over-year basis. During the same period last year, the business posted $0.84 earnings per share. Equities analysts anticipate that Sirius XM Holdings Inc. will post 2.98 earnings per share for the current year.

Sirius XM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 23rd. Investors of record on Friday, November 6th will be issued a $0.27 dividend. The ex-dividend date of this dividend is Friday, November 6th. This represents a $1.08 annualized dividend and a yield of 3.7%. Sirius XM’s dividend payout ratio (DPR) is 44.26%.

Insider Transactions at Sirius XM

In other Sirius XM news, Director Jonelle Procope sold 16,672 shares of the company’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $29.97, for a total transaction of $499,659.84. Following the sale, the director directly owned 18,354 shares of the company’s stock, valued at $550,069.38. This represents a 47.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 3.27% of the company’s stock.

Hedge Funds Weigh In On Sirius XM

Several large investors have recently modified their holdings of SIRI. Sunbelt Securities Inc. increased its stake in 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 last quarter. Root Financial Partners LLC boosted its position in shares of Sirius XM by 612.8% during the 1st quarter. Root Financial Partners LLC now owns 1,390 shares of the company’s stock valued at $32,000 after acquiring an additional 1,195 shares during the last quarter. Global Retirement Partners LLC purchased a new position in shares of Sirius XM during the second quarter worth about $32,000. Western Wealth Management LLC bought a new position in shares of Sirius XM in the first quarter worth approximately $33,000. Finally, Altshuler Shaham Ltd increased its position in shares of Sirius XM by 36.7% in 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. Hedge funds and other institutional investors own 10.69% of the company’s stock.

About Sirius XM

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.