Sirius XM (NASDAQ:SIRI – Get Free Report) is expected to be releasing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect Sirius XM to post earnings of $0.78 per share and revenue of $2.1367 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:00 AM ET.
Sirius XM (NASDAQ:SIRI – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.70 by $0.02. The business had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.07 billion. Sirius XM had a net margin of 9.86% and a return on equity of 9.19%. The business’s revenue was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.59 EPS. On average, analysts expect Sirius XM to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Sirius XM Trading Up 1.5%
Shares of Sirius XM stock opened at $31.68 on Wednesday. The firm has a market cap of $10.66 billion, a price-to-earnings ratio of 13.37, a PEG ratio of 0.67 and a beta of 0.95. The business has a 50-day moving average price of $29.19 and a 200-day moving average price of $25.15. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.83. Sirius XM has a twelve month low of $19.76 and a twelve month high of $31.78.
Sirius XM Announces Dividend
Insider Activity at Sirius XM
In other news, insider Scott Andrew Greenstein sold 20,744 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $29.83, for a total transaction of $618,793.52. Following the transaction, the insider owned 20,163 shares of the company’s stock, valued at approximately $601,462.29. The trade was a 50.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 3.27% of the company’s stock.
Institutional Investors Weigh In On Sirius XM
Hedge funds and other institutional investors have recently made changes to their positions in the company. Rossby Financial LCC boosted its stake in shares of Sirius XM by 57.7% during the 4th quarter. Rossby Financial LCC now owns 1,621 shares of the company’s stock worth $32,000 after purchasing an additional 593 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in Sirius XM in the fourth quarter worth about $40,000. Jessup Wealth Management Inc purchased a new position in shares of Sirius XM during the fourth quarter valued at approximately $40,000. Geneos Wealth Management Inc. boosted its position in shares of Sirius XM by 36.7% during the first quarter. Geneos Wealth Management Inc. now owns 1,836 shares of the company’s stock valued at $41,000 after buying an additional 493 shares during the period. Finally, Itau Unibanco Holding S.A. grew its stake in shares of Sirius XM by 31.4% during the fourth quarter. Itau Unibanco Holding S.A. now owns 2,625 shares of the company’s stock valued at $52,000 after buying an additional 627 shares during the last quarter. Hedge funds and other institutional investors own 10.69% of the company’s stock.
Sirius XM News Summary
Here are the key news stories impacting Sirius XM this week:
- Positive Sentiment: Rosenblatt Securities reaffirmed its Buy rating and set a $45 price target, implying substantial potential upside. The bullish view adds support to the recent rally. Benzinga
- Positive Sentiment: Wells Fargo upgraded Sirius XM from Underweight to Equal Weight and raised its price target from $18 to $30. The firm said it had previously missed a major revaluation of Sirius XM’s spectrum, increasing its estimated value from approximately $1 billion to $5 billion. This was the key catalyst behind the recent share-price strength. Sirius XM Stock Trades Up, Here Is Why
- Neutral Sentiment: Wall Street estimates for Sirius XM’s second quarter, ended June 2026, are being reviewed ahead of results. Analysts are focusing on operating metrics beyond revenue and earnings, but the article does not provide actual results or a clear estimate revision, making this more of a watch item than a current catalyst. Curious about Sirius XM Q2 Performance
- Neutral Sentiment: The broader analyst consensus is approximately Hold, indicating that optimism about the spectrum asset is offset by concerns about Sirius XM’s mature subscription business and limited growth profile. Sirius XM Receives Average Hold Recommendation
- Negative Sentiment: Although Wells Fargo’s upgrade reduced bearish pressure, its $30 price target is below the stock’s recent trading level. That valuation gap could limit near-term upside unless the company’s second-quarter results or additional analyst actions provide stronger support.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on SIRI shares. JPMorgan Chase & Co. increased their price target on Sirius XM from $24.00 to $26.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Guggenheim reissued a “buy” rating on shares of Sirius XM in a report on Wednesday, June 17th. Morgan Stanley boosted their price target on shares of Sirius XM from $24.00 to $28.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 21st. Evercore set a $28.00 price target on shares of Sirius XM in a research note on Friday, May 1st. Finally, Citigroup reiterated a “sell” rating and set a $22.00 price objective (up from $19.00) on shares of Sirius XM in a research report on Monday, May 4th. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $29.09.
View Our Latest Stock Report on SIRI
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.
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