Sirius XM Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Sirius XM stock have an average target of 4.10, with a low estimate of 2.50 and a high estimate of 6.50. The average target predicts an increase of 32.26% from the current stock price of 3.10.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$2.50	$4.10	$3.40	$6.50
Change	-19.35%	+32.26%	+9.68%	+109.68%

Analyst Ratings

The average analyst rating for Sirius XM stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	1	1	1	3	3	3
Buy	1	1	1	1	1	1
Hold	4	4	4	4	5	6
Sell	4	4	4	2	2	1
Strong Sell	3	3	3	1	0	0
Total	13	13	13	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Curry Baker Guggenheim	Guggenheim	Hold Maintains $3.3 → $2.9	Hold	Maintains	$3.3 → $2.9	-6.45%	Jun 27, 2024
Vijay Jayant Evercore ISI Group	Evercore ISI Group	Sell → Hold Upgrades $4.25 → $3.25	Sell → Hold	Upgrades	$4.25 → $3.25	+4.84%	Jun 24, 2024
James Goss Barrington Research	Barrington Research	Buy Maintains $4.75	Buy	Maintains	$4.75	+53.23%	May 28, 2024
Steven Cahall Wells Fargo	Wells Fargo	Sell Maintains $3 → $2.5	Sell	Maintains	$3 → $2.5	-19.35%	May 1, 2024
James Goss Barrington Research	Barrington Research	Buy Maintains $5.75 → $4.75	Buy	Maintains	$5.75 → $4.75	+53.23%	May 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

8.97B

from 8.95B

0.22%

from 8.95B

Revenue Next Year

9.14B

from 8.97B

1.88%

from 8.97B

EPS This Year

0.31

from 0.32

-3.65%

from 0.32

EPS Next Year

0.32

from 0.31

4.58%

from 0.31

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	7.79B	8.04B	8.70B	9.00B	8.95B	8.97B	9.14B	9.33B	9.27B	9.30B
Revenue Growth	35.05%	3.16%	8.16%	3.53%	-0.56%	0.22%	1.88%	2.01%	-0.61%	0.28%
EPS	0.20	0.03	0.32	0.31	0.32	0.31	0.32	0.35	0.40	0.40
EPS Growth	-23.08%	-85.00%	966.67%	-3.13%	3.23%	-3.65%	4.58%	9.28%	12.90%	-
Forward PE	-	-	-	-	-	10.05	9.61	8.80	7.79	7.79
No. Analysts	-	-	-	-	-	15	14	13	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	9.4B	9.6B	10.2B	9.8B	9.9B
Avg	9.0B	9.1B	9.3B	9.3B	9.3B
Low	8.6B	8.6B	8.6B	8.6B	8.7B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	4.8%	7.4%	12.1%	4.9%	6.8%
Avg	0.2%	1.9%	2.0%	-0.6%	0.3%
Low	-4.4%	-4.3%	-5.7%	-7.3%	-5.9%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	0.37	0.38	0.39	0.41	0.41
Avg	0.31	0.32	0.35	0.40	0.40
Low	0.26	0.27	0.28	0.38	0.38

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	14.8%	22.6%	20.5%	16.2%	2.9%
Avg	-3.7%	4.6%	9.3%	12.9%	-
Low	-17.3%	-11.0%	-11.9%	8.5%	-3.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.