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Sirius Was Likely Impressed With Pandora's Near-Term Execution, Analyst Says After Acquisition Announcement
Monday, September 24, 2018 - 2:19pm | 473Read More...Satellite radio provider Sirius XM Holdings Inc (NASDAQ: SIRI) invested $480 million in Pandora Media Inc (NYSE: P) last year. Sirius was was likely "impressed" with Pandora's performance, and Monday's announcement of a complete acquisition "makes sense," according to...
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Barrington Explains Why A Neutral Stance On Sirius XM Was Wrong
Friday, June 29, 2018 - 12:24pm | 384Read More...Analysts at Barrington felt it necessary for Sirius XM Holdings Inc (NASDAQ: SIRI) investors to move to the sidelines earlier this year amid expectations of a "leveling in the stock price." Fortunately, it isn't too late to be buyers of the stock after missing out on a 20-percent gain...
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Barlcays Downgrades Sirius XM, Liberty Sirius XM Group; Says Satellite Radio Business Entering 'More Mature Phase'
Tuesday, June 26, 2018 - 11:55am | 468Read More...Shares of Sirius XM Holdings Inc (NASDAQ: SIRI) have gained more than 80 percent over the past two years, and the strong growth story has fully played out, according to Barclays. The Analyst Barclays' Kannan Venkateshwar downgraded Sirius XM from Equal Weight to Underweight with an...
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Pivotal Turns Neutral On Sirius XM, Says Liberty Sirius Is A Better Strategy
Tuesday, June 19, 2018 - 3:45pm | 414Read More...After holding a bullish stance on Sirius XM Holdings Inc (NASDAQ: SIRI) since early 2010, Pivotal Research Group is moving to the bench. The Analyst Pivotal's Jeffrey Wlodarczak downgraded Sirius XM from Buy to Hold with an unchanged $7.75 price target. The Thesis Sirius XM's stock is...
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Morgan Stanley: Sirius XM Growth Almost Certainly Slowing
Wednesday, April 19, 2017 - 11:17am | 330Read More...Shares of Sirius XM Holdings Inc. (NASDAQ: SIRI) were trading lower by nearly 2 percent Wednesday after Benjamin Swinburne of Morgan Stanley downgraded the stock from Equal-Weight to Underweight with an unchanged $4.80 price target. According to Swinburne, Sirius boasts several impressive traits,...
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Sirius XM Counting Down To Competition From Apple CarPlay And The Android Auto System
Thursday, September 22, 2016 - 1:09pm | 308Read More...Sirius XM Holdings Inc. (NASDAQ: SIRI)'s satellite radio is found in 75 percent of all new cars sold today. According to Amy Yong of Macquarie Capital, Sirius' dominance in the car will continue until at least 2020, given its "unique commercial free bundle" that's hard to...
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Sirius XM Adds 465K New Subs In Q1, Passes 30M Sub Mark
Monday, April 11, 2016 - 9:32am | 248Read More...Shares of Sirius XM Holdings Inc. (NASDAQ: SIRI) were trading lower by 0.26 percent early Monday morning despite the company's latest record-setting subscriber update. Sirius XM said that it added 465,000 net new subscribers during the first quarter of 2016, resulting in a record-high subscriber...
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Investors Shrug Off Sirius XM In-Line Q4, Impressive Subscriber Adds
Tuesday, February 2, 2016 - 8:41am | 321Read More...Shares of Sirius XM Holdings Inc. (NASDAQ: SIRI) were trading lower by 0.5 percent early Tuesday morning after the company reported its fourth quarter results. Sirius XM earned $0.03 per share in the fourth quarter on revenue of $1.2 billion. Wall Street analysts were expecting the company to...
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Sirius XM Stock Spiking On Howard Stern's New Five-Year Deal
Tuesday, December 15, 2015 - 9:01am | 502Read More...Shares of Sirius XM Holdings Inc. (NASDAQ: SIRI) rose more than 4.5 percent Tuesday morning. Sirius XM announced it has reached a new 12-year deal with Howard Stern. As part of the deal, The Howard Stern Show will continue for the next five years and will eventually launch into video...
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Wunderlich Maintains Hold On Sirius XM Ahead Of Q4 Print
Wednesday, February 4, 2015 - 10:48am | 231Read More...Matthew Harrigan of Wunderlich Securities on Wednesday maintained a Hold rating on shares of Sirius XM Holdings Inc (NASDAQ: SIRI) with a $3.50 price target ahead of its fourth-quarter results, which are scheduled to be released Thursday before market. Harrigan expects Sirius to report a 7.7...
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Why Shares Of Sirius XM Are Trading Higher
Wednesday, January 7, 2015 - 9:24am | 141Read More...Shares of Sirius XM Holdings Inc. (NASDAQ: SIRI) were trading higher by nearly 2 percent during Wednesday's pre-market session after the company reported encouraging subscriber data and 2015 outlook. Sirius XM stated that it added 1.75 million net subscribers throughout 2014, which topped...
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Pandora Listener Hours Continues To Grow; Shares Surge Higher
Monday, January 6, 2014 - 3:37pm | 296Read More...Pandora Media (NYSE: P) on Monday released its December listener metrics. The company revealed total listener hours, active listeners and market share. December listener hours totaled 1.58 billion, up 13 percent year-over-year and up 6 percent month-over-month. The strong listener hours are an all...
