Sirius XM Holdings Inc. ($SIRI) Stock Forecast: Down 5.6% Today

What is Sirius XM Holdings Inc.?

Sirius XM Holdings (NASDAQ: SIRI) is a leading audio entertainment company that offers satellite radio services in the United States. The stock has been experiencing bearish movement in today's market.

Why is Sirius XM Holdings Inc. going down?

SIRI stock is down 5.6% on Jan 8, 2025 15:08

• The bearish movement in SIRI stock could be attributed to investors' anticipation of the upcoming fourth-quarter and full-year 2024 operating and financial results.
• There might be concerns among investors regarding the company's performance in the last quarter, leading to a sell-off of shares.
• The market sentiment could be influenced by uncertainties or speculations surrounding the financial health and growth prospects of SiriusXM, prompting a negative trend in the stock price.

SIRI Price Chart

SIRI Technical Analysis

SIRI News

SiriusXM to Report Fourth Quarter and Full-Year 2024 Operating and Financial Results - Sirius XM Holdings ( NASDAQ:SIRI )

NEW YORK, Jan. 7, 2025 /PRNewswire/ -- SiriusXM SIRI plans to release its fourth quarter and full-year 2024 operating and financial results on Thursday, January 30, and plans to hold an investor call the same day at 8:00 a.m.

https://www.benzinga.com/pressreleases/25/01/n42862086/siriusxm-to-report-fourth-quarter-and-full-year-2024-operating-and-financial-results

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Sirius XM Holdings Inc. Price History

25.08.2024 - SIRI Stock was down 5.0%

• Despite optimistic options market indicators, Sirius XM Holdings' stock experienced a bearish movement, reflecting a discrepancy between investor sentiment and actual performance.
• The contrast between positive signals in the options market and the stock's downward movement may be affected by broader market conditions or internal company factors impacting investor trust.
• Factors beyond options trading, like market volatility and industry-related developments, might have influenced investors, leading to the bearish performance in Sirius XM Holdings' stock.

01.10.2024 - SIRI Stock was up 7.3%

• Despite reporting a Q3 loss and missing revenue estimates, Sirius XM (SIRI) experienced a strong bullish movement in the market.
• The unexpected bullish trend could be attributed to investors focusing on other key metrics beyond revenue and EPS.
• The stock's resilience in the face of negative developments suggests that investors may be optimistic about the company's long-term growth prospects and strategic initiatives.
• The fact that Sirius XM (SIRI) outperformed the broader market, even after falling slightly in the previous trading session, indicates a strong investor sentiment towards the stock.

20.11.2024 - SIRI Stock was up 9.5%

• Despite a bearish sentiment in the options market, Sirius XM Holdings (SIRI) demonstrated a strong bullish movement today.
• The positive market sentiment, with the Dow Jones index rising over 300 points, likely played a role in the upward trend of SIRI's stock price.
• A temporary dip in SIRI's stock price was observed, but the stock managed to recover and close higher for the day.
• Investors are advised to focus on the company's resilience in the face of bearish options activity and consider the broader market trends impacting SIRI's performance.

22.10.2024 - SIRI Stock was up 5.0%

• The notable uptick in options trading for SIRI today, potentially indicating investor optimism and a bullish outlook on the stock.
• Increased trading volume in options suggests a growing confidence in the potential upward movement of SIRI.
• The positive sentiment towards SIRI may stem from general market confidence in the audio entertainment industry, driven by factors such as subscriber growth or favorable business developments within the company.

19.08.2024 - SIRI Stock was up 5.5%

• Sirius XM (SIRI) stock saw a strong bullish movement today, potentially driven by multiple factors:
• Analyst upgrades, indicating a positive outlook on the company's future performance.
• Technical indicators showing the stock as oversold, suggesting a possible trend reversal and a decrease in selling pressure.
• Increased options activity and a bullish approach from deep-pocketed investors signaling confidence in Sirius XM Holdings' growth prospects.
• Overall, these factors combined may have contributed to the bullish momentum in Sirius XM (SIRI) stock today.

10.11.2024 - SIRI Stock was down 7.8%

• The stock had a strong bearish movement today, possibly due to investors remaining cautious about the intense competition and stretched valuation in the market.
• Despite benefiting from an expanding portfolio and clientele, the stock has declined 54% year-to-date, reflecting the challenges it faces in the competitive landscape.
• The upcoming presentation at the UBS Global Media and Communications Conference may provide insights into the company's strategies to address these challenges, but for now, investors seem to be adopting a wait-and-see approach, contributing to the bearish movement in the stock price.

10.08.2024 - SIRI Stock was up 861.5%

• The recent announcement of a $1.66 billion stock repurchase authorization by SiriusXM reflects confidence in the company's future, leading to increased investor optimism and driving the bullish movement in the stock.
• SiriusXM's strategic focus on streamlining its capital structure and emphasizing its independence as a public entity has resonated positively with investors, contributing to the upward momentum in the stock price.
• The bullish positioning of smart money in SIRI options suggests strong institutional investor confidence, further fueling positive sentiment and driving the stock higher.

11.10.2024 - SIRI Stock was up 5.0%

• Despite negative opinions from large investors, Sirius XM Holdings (SIRI) had a significant rise in its stock price today.
• The surge in stock price might be linked to strong earnings, recent partnership announcements, or general market positivity.
• Retail investors and traders could have been more optimistic about SIRI than institutional investors, causing a divide in market sentiment.
• This contrast in sentiment among institutional investors and retail traders may have presented a short-term investment opportunity that led to the stock's upward movement today.

04.10.2024 - SIRI Stock was down 5.1%

• SIRI reported a wider-than-expected loss in Q3 2024, with revenues falling year-over-year, indicating a challenging quarter for the company.
• The disappointing financial results, including weakness in subscriber and advertisement revenues, likely contributed to the bearish movement in the stock.
• Investors may be concerned about the company's future performance and potential challenges in retaining subscribers and generating revenue.
• The missed revenue estimates and negative earnings surprise suggest that SIRI may face obstacles in the near term, leading to the bearish market movement today.

17.11.2024 - SIRI Stock was down 5.1%

• The bearish movement in Sirius XM Holdings' stock today could be attributed to the adoption of a bearish approach by deep-pocketed investors, as indicated by the options activity.
• The significant bearish move suggests that market sentiment towards Sirius XM Holdings may have shifted, possibly due to concerns about the company's future growth prospects or overall market conditions.
• Investors should pay attention to this development, as it could indicate a potential shift in the stock's trajectory in the near term, prompting them to reassess their investment strategies in light of this new information.

08.00.2025 - SIRI Stock was down 5.6%

• The bearish movement in SIRI stock could be attributed to investors' anticipation of the upcoming fourth-quarter and full-year 2024 operating and financial results.
• There might be concerns among investors regarding the company's performance in the last quarter, leading to a sell-off of shares.
• The market sentiment could be influenced by uncertainties or speculations surrounding the financial health and growth prospects of SiriusXM, prompting a negative trend in the stock price.

19.11.2024 - SIRI Stock was down 5.4%

• SIRI stock dipped by -1.33% today, underperforming the broader market.
• Options activity indicates that deep-pocketed investors have taken a bearish stance on Sirius XM Holdings.
• The negative sentiment from institutional investors could have contributed to the bearish movement in SIRI stock today.
• Investors might be concerned about the company's future growth prospects or competitive positioning in the audio entertainment industry, leading to the downward pressure on the stock.