Sirius XM (SIRI) Projected to Announce Earnings on Thursday

Sirius XM (NASDAQ:SIRI) will likely be announcing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to announce earnings of $0.78 per share and revenue of $2.1367 billion for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:00 AM ET.

Sirius XM (NASDAQ:SIRI) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.02. The company had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.07 billion. Sirius XM had a return on equity of 9.19% and a net margin of 9.86%.The firm’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.59 earnings per share. 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 Price Performance

SIRI stock opened at $29.83 on Thursday. Sirius XM has a 52-week low of $19.76 and a 52-week high of $31.42. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.83. The stock has a market cap of $10.04 billion, a price-to-earnings ratio of 12.59, a price-to-earnings-growth ratio of 0.65 and a beta of 0.95. The business has a fifty day moving average of $28.83 and a two-hundred day moving average of $24.89.

More Sirius XM News

Here are the key news stories impacting Sirius XM this week:

• Positive Sentiment: Sirius XM declared a quarterly cash dividend of $0.27 per share, payable August 26 to shareholders of record August 10, reinforcing management’s commitment to returning cash to investors. SiriusXM Declares Quarterly Cash Dividend
• Positive Sentiment: The company is expanding content by adding multiple Audacy local sports, news, and spoken-word stations to SiriusXM, including high-profile brands such as WFAN and WEEI, which could strengthen its lineup and subscriber appeal. SiriusXM adding a number of Audacy local sports stations to lineup
• Positive Sentiment: SiriusXM also signed new entertainment content, including an exclusive podcast deal with Trixie Mattel and Katya Zamolodchikova, showing continued investment in premium programming. SiriusXM Signs Trixie Mattel and Katya Zamolodchikova’s ‘The Bald and the Beautiful’ Podcast (Exclusive)
• Neutral Sentiment: Several articles highlighted the broader rollout of Audacy stations and SiriusXM’s content partnerships, but these appear to be incremental operational updates rather than immediate financial catalysts. Audacy Sports, News and Talk Stations Will Be Heard on SiriusXM
• Negative Sentiment: Morgan Stanley raised its price target to $28 but kept an “underweight” rating, which may be pressuring shares by signaling limited upside from current levels. Sirius XM price target raised by Morgan Stanley

Insider Activity at Sirius XM

In other news, insider Scott Andrew Greenstein sold 20,744 shares of the firm’s stock in a transaction 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 completion of the transaction, the insider directly owned 20,163 shares in the company, valued at $601,462.29. This trade represents a 50.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 3.27% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sirius XM

Several hedge funds have recently bought and sold shares of the company. Rossby Financial LCC boosted its holdings in Sirius XM by 57.7% during the 4th quarter. Rossby Financial LCC now owns 1,621 shares of the company’s stock valued at $32,000 after acquiring an additional 593 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in Sirius XM in the 4th quarter valued at about $40,000. Jessup Wealth Management Inc purchased a new stake in Sirius XM during the fourth quarter worth about $40,000. Geneos Wealth Management Inc. increased its stake in Sirius XM by 36.7% during the first quarter. Geneos Wealth Management Inc. now owns 1,836 shares of the company’s stock worth $41,000 after purchasing an additional 493 shares during the period. Finally, Itau Unibanco Holding S.A. increased its stake in Sirius XM by 31.4% during the fourth quarter. Itau Unibanco Holding S.A. now owns 2,625 shares of the company’s stock worth $52,000 after purchasing an additional 627 shares during the period. Institutional investors and hedge funds own 10.69% of the company’s stock.

Analyst Ratings Changes

SIRI has been the subject of a number of research analyst reports. Barrington Research increased their price target on Sirius XM from $28.00 to $32.00 and gave the stock an “outperform” rating in a report on Monday, May 4th. Rosenblatt Securities reduced their price objective on shares of Sirius XM from $46.00 to $45.00 and set a “buy” rating on the stock in a report on Tuesday, May 19th. JPMorgan Chase & Co. upped their target price on shares of Sirius XM from $24.00 to $26.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Weiss Ratings raised shares of Sirius XM from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 9th. Finally, Evercore set a $28.00 price target on shares of Sirius XM in a research report on Friday, May 1st. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $28.00.

Sirius XM Company Profile

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.