Sirius Xm Holdings Stock News

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Shares of Sirius XM Holdings Inc. slid 3.8% toward a six-week low in morning trading Friday, after J.P. Morgan analyst Sebastiano Petti turned bullish on the satellite radio company, amid continued weakness in U.S. auto sales as semiconductor shortages and supply chain issues crimp supply. The stock is on track to snap a six-day win streak, which would be the longest such streak in 10 months. Petti cut the stock''s rating to underweight from neutral, and lowered the price target to $6 from $7. "We expect [Sirius''] initial 2022 self-pay net add guide to reflect a higher-than-usual level of conservatism given the uncertain new auto sales environment as the auto industry continues to work through chip shortages and other supply chain issues," Petti wrote in a note to clients. The slower-growth outlook led him to lower his 2022 estimate for free cash flow, which also suggests reduced share repurchases. The company is expected to report fourth-quarter results on Feb. 1. While an expected announcement of a special dividend, which he expects to be 25 cents a share, could improve investor sentiment, "a slower buyback pace is likely to weigh on shares." The stock has gained 1.5% over the past three months, while the S&P 500 has advanced 4.8%.

SiriusXM (SIRI) announces the acquisition of Cloud Cover Media, thus expanding its commercial music portfolio.

Sirius XM (SIRI) is getting a downgrade from J.P. Morgan, as the investment firm believes the broadcasting company has a number of near-term issues, such as slowing auto sales and

The audio entertainment juggernaut SiriusXM announced Thursday (Jan. 13) it had acquired the music-for-businesses service Cloud Cover Music. “Cloud Cover Music's easy-to-use solutions and robust tec

SiriusXM (SIRI) announces the acquisition of Cloud Cover Media, thus expanding its commercial music portfolio.

Shares of Sirius XM Holdings Inc. SIRI, -3.93% slid 3.8% toward a six-week low in morning trading Friday, after J.P. Morgan analyst Sebastiano Petti turned bullish on the satellite radio company, amid

Sirius XM (SIRI +0.5%) has acquired Cloud Cover Media, which offers a music-for-business service that expands the Sirius portfolio

NEW YORK, Jan. 10, 2022 /PRNewswire/ -- SiriusXM today announced that it plans to release fourth quarter and full-year 2021 financial and operating results on Tuesday, February 1, 2022. The company w

Andy Cohen is defending his drunken behavior during CNN’s live broadcast of the New Year’s Eve festivities from New York City’s Times Square, mitigating one of his numerous on-air insults while

SiriusXM (SIRI) announces the launch of David Bowie Channel, a limited-engagement channel, providing a month???s access to Bowie's classics and rare tunes to subscribers.

Forget undervalued stocks, there is room for upside even in stocks with rising P/E.

Liberty SiriusXM Group (LSXMK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Sirius XM Holdings Inc. (NASDAQ:SIRI) with the stream of 0.78% also noticed, India United States Steel Corporation (NYSE:X) encountered a rapid change of 1.00% in the last hour of Thursdays The post Is The Stock A Good Investment? Sirius XM Holdings Inc. (NASDAQ:SIRI), United States Steel Corporation (NYSE:X) appeared first on Stocks Equity .