Sirius XM Holdings saw modestly improved revenue growth expectations while valuation multiples remained stable, resulting in a marginal decrease in the consensus analyst price target from $23.86 to $23.64.
What's in the News
- SiriusXM launched SiriusXM Play, its first low-cost, ad-supported subscription package under $7, initially available on a limited basis, with expansion and advanced ad capabilities planned for later in the year.
- SiriusXM added to the Russell 2500 Index.
- SiriusXM added to the Russell 2500 Value Index.
- SiriusXM and FOX Nation launched a bundled streaming package, offering both services at $11.99 per month with a 33% monthly savings.
Valuation Changes
Summary of Valuation Changes for Sirius XM Holdings
- The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from $23.86 to $23.64.
- The Consensus Revenue Growth forecasts for Sirius XM Holdings has significantly risen from -0.3% per annum to -0.1% per annum.
- The Future P/E for Sirius XM Holdings remained effectively unchanged, moving only marginally from 7.74x to 7.63x.
Disclaimer
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