Sirius XM (SIRI) Stock Forecast, Price Target & Predictions


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SIRI Stock Forecast


Sirius XM stock forecast is as follows: an average price target of $28.00 (represents a 28.21% upside from SIRI’s last price of $21.84) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.

SIRI Price Target


The average price target for Sirius XM (SIRI) is $28.00 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $40.00 to $16.00. This represents a potential 28.21% upside from SIRI's last price of $21.84.

SIRI Analyst Ratings


Buy

According to 10 Wall Street analysts, Sirius XM's rating consensus is 'Buy'. The analyst rating breakdown for SIRI stock is 0 'Strong Buy' (0.00%), 4 'Buy' (40.00%), 3 'Hold' (30.00%), 3 'Sell' (30.00%), and 0 'Strong Sell' (0.00%).

Sirius XM Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 19, 2024Steven CahallWells Fargo$16.00$21.12-24.24%-26.74%
Nov 01, 2024David JoyceSeaport Global$34.00$27.6522.97%55.68%
Oct 24, 2024Jessica Reif EhrlichBank of America Securities$23.00$26.81-14.21%5.31%
Sep 24, 2024Cameron Mansson-PerroneMorgan Stanley$23.00$25.59-10.14%5.31%
Sep 20, 2024Jeffrey WlodarczakPivotal Research$40.00$24.0266.53%83.15%
Sep 18, 2024Curry BakerGuggenheim$30.00$23.7026.58%37.36%
Sep 16, 2024Barton CrockettRosenblatt Securities$28.00$24.5114.24%28.21%
Aug 05, 2024Bryan KraftDeutsche Bank$30.00$30.10-0.33%37.36%
Aug 01, 2024Jeffrey WlodarczakPivotal Research$40.00$32.3023.84%83.15%
Jun 26, 2024Curry BakerGuggenheim$29.00$27.007.41%32.78%
Jun 24, 2024Vijay JayantEvercore ISI$32.50$29.3010.92%48.81%
May 01, 2024Barton CrockettRosenblatt Securities$34.00$30.5011.48%55.68%
May 01, 2024Brett FeldmanGoldman Sachs$32.50$30.506.56%48.81%
Apr 29, 2024David JoyceSeaport Global$43.00$31.6535.86%96.89%
Apr 24, 2024Jeffrey WlodarczakPivotal Research$49.00$31.5555.31%124.36%
Apr 01, 2024Steven CahallWells Fargo$30.00$38.80-22.68%37.36%
Mar 14, 2024Curry BakerGuggenheim$40.00$40.80-1.96%83.15%
Jul 21, 2023David JoyceSeaport Global$4.50$6.97-35.44%-79.40%
Jul 21, 2023Bryan KraftDeutsche Bank$6.25$6.97-10.33%-71.38%
Apr 13, 2023Benjamin SwinburneMorgan Stanley$4.40$4.048.78%-79.85%
Feb 07, 2023Barrington$7.00$5.0339.30%-67.95%
Feb 03, 2023Wells Fargo$5.50$5.245.06%-74.82%
Feb 03, 2023Credit Suisse$5.00$5.36-6.72%-77.11%
Jan 12, 2023Credit Suisse$5.50$5.93-7.33%-74.82%
Dec 01, 2022Citigroup$6.00$6.49-7.55%-72.53%
Jul 29, 2022Morgan Stanley$6.50$6.50-0.08%-70.24%
Jul 07, 2022Citigroup$7.50$6.1921.16%-65.66%
Apr 19, 2022Rosenblatt Securities$8.00$6.3625.79%-63.37%
Aug 25, 2021Matthew HarriganBenchmark Co.$10.00$6.0465.56%-54.21%
Jul 29, 2021Jason BazinetCitigroup$7.65$6.2023.39%-64.97%
May 03, 2021Brett FeldmanGoldman Sachs$5.25$5.77-9.01%-75.96%

The latest Sirius XM stock forecast, released on Dec 19, 2024 by Steven Cahall from Wells Fargo, set a price target of $16.00, which represents a -24.24% decrease from the stock price at the time of the forecast ($21.12), and a -26.74% decrease from SIRI last price ($21.84).

Sirius XM Price Target by Period


1M3M12M
# Anlaysts-217
Avg Price Target-$25.00$32.59
Last Closing Price$21.84$21.84$21.84
Upside/Downside-100.00%14.47%49.22%

In the current month, the average price target of Sirius XM stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Sirius XM's last price of $21.84. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Dec 19, 2024Wells FargoUnderweightUnderweightHold
Nov 04, 2024Goldman SachsNeutralNeutralHold
Nov 01, 2024Seaport GlobalBuyBuyHold
Oct 08, 2024BenchmarkBuyBuyHold
Sep 26, 2024CitigroupSellSellHold
Sep 20, 2024Pivotal ResearchBuyBuyHold
Sep 18, 2024GuggenheimNeutralBuyUpgrade
Aug 05, 2024Deutsche BankHoldHoldHold
Aug 01, 2024Pivotal ResearchBuyBuyHold
Jul 25, 2024CitigroupNeutralNeutralHold
Jul 23, 2024GuggenheimNeutralNeutralHold
Jun 26, 2024GuggenheimNeutralNeutralHold
May 01, 2024Goldman SachsNeutralUpgrade
Apr 30, 2024Pivotal ResearchBuyBuyHold
Apr 29, 2024Seaport GlobalNeutralBuyUpgrade
Apr 01, 2024Wells FargoUnderweightUnderweightHold
Mar 27, 2024BenchmarkBuyBuyHold
Jul 31, 2023Seaport GlobalSellNeutralUpgrade
Jul 21, 2023Seaport GlobalSellDowngrade
Jun 28, 2023BenchmarkBuyBuyHold
Apr 13, 2023Morgan StanleyUnderweightUnderweightHold
Apr 05, 2023BenchmarkBuyBuyHold
Mar 31, 2023CitigroupSellSellHold
Feb 06, 2023Deutsche BankBuyBuyHold
Feb 03, 2023Wells FargoEqual-WeightEqual-WeightHold
Feb 03, 2023Credit SuisseNeutralNeutralHold
Feb 03, 2023Morgan StanleyUnderweightUnderweightHold
Jan 12, 2023Credit SuisseNeutralNeutralHold
Nov 02, 2022Pivotal ResearchHoldHoldHold
Jul 29, 2022Morgan StanleyUnderweightUnderweightHold
Jul 07, 2022CitigroupBuyBuyHold

Sirius XM's last stock rating was published by Wells Fargo on Dec 19, 2024. The company gave SIRI a "Underweight" rating, the same as its previous rate.

Sirius XM Financial Forecast


Sirius XM Revenue Forecast

Sep 29Jun 29Mar 29Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
Revenue-----------------------$2.29B$2.27B$2.25B$2.14B$2.28B$2.28B$2.25B
Avg Forecast$2.44B$2.43B$2.31B$2.32B$2.32B$2.31B$2.20B$2.20B$2.21B$2.21B$2.16B$2.16B$2.17B$2.17B$2.14B$2.15B$2.14B$2.14B$2.09B$2.17B$2.19B$2.19B$2.13B$2.29B$2.29B$2.24B$2.17B$2.31B$2.27B$2.25B
High Forecast$2.48B$2.47B$2.35B$2.35B$2.35B$2.35B$2.23B$2.24B$2.24B$2.24B$2.20B$2.19B$2.20B$2.21B$2.17B$2.18B$2.18B$2.17B$2.11B$2.19B$2.19B$2.19B$2.13B$2.31B$2.31B$2.27B$2.20B$2.34B$2.27B$2.25B
Low Forecast$2.41B$2.39B$2.27B$2.28B$2.28B$2.28B$2.16B$2.17B$2.17B$2.18B$2.13B$2.13B$2.13B$2.14B$2.10B$2.12B$2.11B$2.10B$2.07B$2.16B$2.19B$2.19B$2.13B$2.27B$2.27B$2.21B$2.14B$2.28B$2.27B$2.25B
# Analysts3334444333333334446843361159544
Surprise %-----------------------1.00%0.99%1.00%0.99%0.99%1.00%1.00%

Sirius XM's average Quarter revenue forecast for Mar 24 based on 3 analysts is $2.13B, with a low forecast of $2.13B, and a high forecast of $2.13B. SIRI's average Quarter revenue forecast represents a -6.99% decrease compared to the company's last Quarter revenue of $2.29B (Dec 23).

Sirius XM EBITDA Forecast

Sep 29Jun 29Mar 29Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts3334444333333334446843361159544
EBITDA-----------------------$368.00M$295.00M$280.00M$593.00M$684.00M$683.00M$637.00M
Avg Forecast$635.25M$632.27M$600.54M$602.15M$602.55M$601.17M$571.33M$572.92M$574.15M$574.47M$562.34M$561.12M$563.12M$565.30M$555.22M$559.35M$557.19M$555.47M$543.94M$564.03M$569.56M$570.72M$797.39M$595.62M$595.05M$582.53M$724.90M$578.91M$671.34M$662.87M
High Forecast$645.01M$641.99M$609.77M$611.41M$611.81M$610.41M$580.11M$581.73M$582.98M$583.30M$570.98M$569.75M$571.78M$573.99M$563.76M$567.94M$565.75M$564.01M$549.14M$569.23M$569.69M$570.72M$956.87M$600.80M$601.27M$591.48M$869.88M$694.70M$671.34M$662.87M
Low Forecast$625.57M$622.64M$591.39M$592.98M$593.37M$592.01M$562.62M$564.20M$565.41M$565.72M$553.77M$552.57M$554.54M$556.69M$546.76M$550.82M$548.70M$547.01M$538.73M$561.44M$569.42M$570.72M$637.91M$590.44M$589.14M$573.65M$579.92M$463.13M$671.34M$662.87M
Surprise %-----------------------0.62%0.50%0.48%0.82%1.18%1.02%0.96%

3 analysts predict SIRI's average Quarter EBITDA for Mar 24 to be $797.39M, with a high of $956.87M and a low of $637.91M. This is 116.68% upper than Sirius XM's previous annual EBITDA (Dec 23) of $368.00M.

Sirius XM Net Income Forecast

Sep 29Jun 29Mar 29Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts3334444333333334446843361159544
Net Income-----------------------$352.00M$363.00M$310.00M$233.00M$365.00M$247.00M$292.00M
Avg Forecast$477.85M$525.89M$377.41M$324.46M$365.95M$415.31M$279.71M$246.45M$289.07M$346.36M$264.93M$187.37M$242.38M$298.05M$211.88M$243.30M$266.51M$252.49M$213.91M$224.37M$261.36M$260.78M$373.89M$263.26M$274.73M$251.72M$339.90M$300.77M$3.25B$3.09B
High Forecast$487.40M$536.40M$384.95M$330.94M$373.26M$423.61M$285.30M$251.38M$294.84M$353.28M$270.22M$191.11M$247.23M$304.01M$216.11M$248.16M$271.83M$257.53M$267.39M$277.80M$266.58M$265.99M$448.67M$300.87M$309.07M$256.75M$407.88M$360.93M$3.25B$3.09B
Low Forecast$468.39M$515.48M$369.93M$318.03M$358.70M$407.08M$274.17M$241.57M$283.34M$339.50M$259.68M$183.65M$237.58M$292.15M$207.68M$238.48M$261.23M$247.49M$173.80M$113.97M$256.18M$255.61M$299.11M$258.04M$269.29M$246.73M$271.92M$240.62M$3.25B$3.09B
Surprise %-----------------------1.34%1.32%1.23%0.69%1.21%0.08%0.09%

Sirius XM's average Quarter net income forecast for Mar 24 is $373.89M, with a range of $299.11M to $448.67M. SIRI's average Quarter net income forecast represents a 6.22% increase compared to the company's last Quarter net income of $352.00M (Dec 23).

Sirius XM SG&A Forecast

Sep 29Jun 29Mar 29Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts3334444333333334446843361159544
SG&A-----------------------$380.00M$356.00M$377.00M$371.00M$380.00M$413.00M$412.00M
Avg Forecast$436.68M$434.63M$412.81M$413.93M$414.20M$413.25M$392.74M$393.83M$394.68M$394.90M$386.56M$385.72M$387.10M$388.59M$381.66M$384.50M$383.01M$381.84M$373.91M$387.72M$391.52M$392.32M$477.95M$409.43M$409.04M$400.43M$434.50M$442.20M$406.45M$401.32M
High Forecast$443.39M$441.31M$419.16M$420.29M$420.57M$419.60M$398.77M$399.89M$400.74M$400.97M$392.50M$391.65M$393.05M$394.56M$387.53M$390.41M$388.90M$387.71M$377.49M$391.30M$391.61M$392.32M$573.54M$412.99M$413.32M$406.59M$521.40M$530.64M$406.45M$401.32M
Low Forecast$430.02M$428.01M$406.52M$407.62M$407.89M$406.96M$386.75M$387.83M$388.66M$388.88M$380.67M$379.84M$381.20M$382.67M$375.85M$378.64M$377.18M$376.02M$370.33M$385.93M$391.43M$392.32M$382.36M$405.87M$404.98M$394.33M$347.60M$353.76M$406.45M$401.32M
Surprise %-----------------------0.93%0.87%0.94%0.85%0.86%1.02%1.03%

Sirius XM's average Quarter SG&A projection for Mar 24 is $477.95M, based on 3 Wall Street analysts, with a range of $382.36M to $573.54M. The forecast indicates a 25.78% rise compared to SIRI last annual SG&A of $380.00M (Dec 23).

Sirius XM EPS Forecast

Sep 29Jun 29Mar 29Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts3334444333333334446843361159544
EPS-----------------------$0.09$0.09$0.08$0.06$0.09$0.06$0.07
Avg Forecast$1.41$1.55$1.11$0.96$1.08$1.23$0.83$0.73$0.85$1.02$0.78$0.55$0.71$0.88$0.63$0.72$0.79$0.74$0.63$0.66$0.77$0.77$0.67$0.78$0.81$0.74$0.66$0.08$0.84$0.80
High Forecast$1.44$1.58$1.14$0.98$1.10$1.25$0.84$0.74$0.87$1.04$0.80$0.56$0.73$0.90$0.64$0.73$0.80$0.76$0.79$0.82$0.79$0.78$0.68$0.89$0.91$0.76$0.67$0.08$0.84$0.80
Low Forecast$1.38$1.52$1.09$0.94$1.06$1.20$0.81$0.71$0.84$1.00$0.77$0.54$0.70$0.86$0.61$0.70$0.77$0.73$0.51$0.34$0.76$0.75$0.66$0.76$0.79$0.73$0.65$0.08$0.84$0.80
Surprise %-----------------------0.12%0.12%0.11%0.09%1.15%0.07%0.09%

According to 3 Wall Street analysts, Sirius XM's projected average Quarter EPS for Mar 24 is $0.67, with a low estimate of $0.66 and a high estimate of $0.68. This represents a 630.24% increase compared to SIRI previous annual EPS of $0.09 (Dec 23).

Sirius XM Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
AMCAMC Entertainment$3.21$5.6074.45%Hold
HUYAHUYA$3.56$5.3550.28%Buy
NWSANews$28.20$39.0038.30%Buy
SBGISinclair Broadcast Group$14.64$19.0029.78%Buy
SIRISirius XM$21.84$28.0028.21%Buy
MSGSMadison Square Garden Sports$219.71$277.0026.08%Buy
WMGWarner Music Group$31.48$34.008.01%Buy
MANUManchester United$15.89$16.906.36%Buy
DISWalt Disney$113.19$120.106.10%Buy
PARAParamount Global$11.09$11.675.23%Hold
FWONKFormula One Group$94.40$94.500.11%Buy
PARAAParamount Global$22.81$22.67-0.61%Buy
AMCXAMC Networks$10.25$10.00-2.44%Sell
ROKURoku$82.58$76.81-6.99%Buy
NFLXNetflix$978.15$875.68-10.48%Buy
WBDWarner Bros. Discovery$10.43$7.67-26.46%Buy

SIRI Forecast FAQ


Is Sirius XM a good buy?

Yes, according to 10 Wall Street analysts, Sirius XM (SIRI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 40.00% of SIRI's total ratings.

What is SIRI's price target?

Sirius XM (SIRI) average price target is $28 with a range of $16 to $40, implying a 28.21% from its last price of $21.84. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Sirius XM stock go up soon?

According to Wall Street analysts' prediction for SIRI stock, the company can go up by 28.21% (from the last price of $21.84 to the average price target of $28), up by 83.15% based on the highest stock price target, and down by -26.74% based on the lowest stock price target.

Can Sirius XM stock reach $30?

SIRI's highest twelve months analyst stock price target of $40 supports the claim that Sirius XM can reach $30 in the near future.

What are Sirius XM's analysts' financial forecasts?

Sirius XM's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $8.78B (high $8.92B, low $8.65B), average EBITDA is $2.28B (high $2.32B, low $2.25B), average net income is $1.15B (high $1.17B, low $1.12B), average SG&A $1.57B (high $1.59B, low $1.55B), and average EPS is $3.38 (high $3.45, low $3.32). SIRI's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $9.14B (high $9.28B, low $9B), average EBITDA is $2.38B (high $2.41B, low $2.34B), average net income is $1.39B (high $1.41B, low $1.36B), average SG&A $1.63B (high $1.66B, low $1.61B), and average EPS is $4.09 (high $4.17, low $4.01).

Did the SIRI's actual financial results beat the analysts' financial forecasts?

Based on Sirius XM's last annual report (Dec 2023), the company's revenue was $8.95B, which missed the average analysts forecast of $8.99B by -0.40%. Apple's EBITDA was $1.13B, missing the average prediction of $2.5B by -54.81%. The company's net income was $1.26B, beating the average estimation of $1.13B by 11.37%. Apple's SG&A was $1.48B, missing the average forecast of $1.65B by -10.43%. Lastly, the company's EPS was $0.33, missing the average prediction of $2.99 by -88.96%. In terms of the last quarterly report (Dec 2023), Sirius XM's revenue was $2.29B, missing the average analysts' forecast of $2.29B by -0.16%. The company's EBITDA was $368M, missing the average prediction of $595.62M by -38.22%. Sirius XM's net income was $352M, beating the average estimation of $263.26M by 33.71%. The company's SG&A was $380M, missing the average forecast of $409.43M by -7.19%. Lastly, the company's EPS was $0.0917, missing the average prediction of $0.777 by -88.19%