SIRI Stock Forecast & Price Target

Sirius XM Holdings is positioning itself for improved financial performance through strategic pricing adjustments and enhanced subscriber offerings, notably with the introduction of a lower-priced plan called SiriusXM Play, which aims to increase its Average Revenue Per User (ARPU) starting in the second quarter of 2025. Additionally, the company expects stronger subscriber growth than previously anticipated, alongside a significant upgrade in its cost-saving outlook, targeting $200 million in savings for 2025. These factors collectively suggest a robust potential for revenue expansion and greater operational efficiency, fostering a positive financial outlook for the company.

Sirius XM Holdings reported an EBITDA of $668 million, reflecting a decline of 4.8% year-over-year, despite exceeding estimates by $21 million. Total revenues also experienced a decrease of 1.8% year-over-year, totaling $2.138 billion, with subscription revenues down 1.7% to $1.629 billion. Furthermore, while the average revenue per user (ARPU) remained stable at $15.22, the lack of growth in key metrics signals potential challenges in subscriber retention and market competitiveness.