This suggests a possible upside of 27.8% from the stock’s current price. View analysts price targets for SIRI or view top-rated stocks among Wall Street analysts. On Thursday, shares of the nation’s top satellite radio operator surged 42% in an apparent short squeeze event. Short squeeze refers to when bullish buying pressure in a stock causes bearish short sel…

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• Further, it distributes satellite radios through automakers and retailers, as well as its website.
• Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
• According to 13 analysts, the average rating for SIRI stock is “Sell.” The 12-month stock price forecast is $4.81, which is an increase of 20.55% from the latest price.

And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023. MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Get this delivered to your inbox, and more info about our products and services. The Barchart Technical Opinion rating is a 48% Sell with a Strengthening short term outlook on maintaining the current direction.

Should Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) Be on Your Investing Radar?

The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.

• Sirius XM Holdings Inc ( SIRI , Financial), a prominent player in the diversified media industry, is currently trading at $5.11 with a market capitalization of $19.75 billion.
• There are currently 3 sell ratings, 6 hold ratings and 3 buy ratings for the stock.
• An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.
• Two Nasdaq 100 components are plain-as-day bargains, while another Nasdaq 100 stock could struggle to live up to lofty expectations.

The company was incorporated in 2013 and is headquartered in New York. Sirius XM Holdings Inc. is a subsidiary of Liberty Media Corporation. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

American Express, Sirius XM, Interpublic, AutoNation, Carvana, and More Stock Market Movers

Imagine you have bought shares of Sirius XM Holdings Inc. ( SIRI , Financial) at the closing price of $5.49 on July 19, and then one day later you see on the news that the stock surged more than 42%, … According to 13 analysts, the average rating for SIRI stock is “Sell.” The 12-month stock price forecast is $4.81, which is an increase of 20.55% from the latest price. Sirius XM’s stock is owned by many different retail and institutional investors.

SIRI, +42.26% pulled back 9% in premarket trades Friday after skyrocketing Thursday. The stock ended Thursday’s session up 42.3% after multiple halts for volatility, … Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes.

Analyst Ratings

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Shares in Sirius XM Holdings were down 10.5% on Friday, erasing some of their dramatic gains in the previous day’s session with analysts attributing the volatility to a short squeeze, as well as a reb… Sirius XM Holdings Inc.’s stock SIRI, +6.24% was upgraded to neutral from sell by Seaport Research Partners Monday. “We think the short-squeeze correction has likely run its course,” wrote Seaport ana… Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams.

This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.

Sirius XM Inc Past Events

SIRI, -0.20% rose 2% in premarket trades Tuesday after the satellite radio company reported second-quarter profit and revenue that topped Wall Street’s expectations. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment https://1investing.in/ strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. AUSTIN, Texas–(BUSINESS WIRE)–Vehicle service businesses using Epicor Service CRM can offer eligible customers complimentary three-month SiriusXM Platinum Plan trial subscriptions. If you’re willing to take on the risk of owning cheap stocks, these seven picks are all priced under $10.

Trading Services

Levi Strauss beats market expectations with strong sales and earnings numbers. Two Nasdaq 100 components are plain-as-day bargains, while another Nasdaq 100 elastic vs inelastic demand stock could struggle to live up to lofty expectations. Compare
SIRI’s historical performance
against its industry peers and the overall market.

Data may be intentionally delayed pursuant to supplier requirements. Since then, SIRI stock has decreased by 31.7% and is now trading at $3.99. The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.

More value-oriented stocks tend to represent financial services, utilities, and energy stocks. 12 equities research analysts have issued 12-month price objectives for Sirius XM’s stock. On average, they expect the company’s stock price to reach $5.10 in the next year.

Communications Services Down on Defensive Bias — Communications Services Roundup

There are currently 3 sell ratings, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “hold” SIRI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SIRI, but not buy additional shares or sell existing shares.

The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating.