Has Warren Buffett given up on the stock market? Not entirely.
Shares of Sirius XM Holdings (SIRI 0.36%) are down about 59% in the past year and currently trading at a 52-week low. Underwhelming results from the satellite radio giant have raised concerns about whether the company can manage to turn the dial to the correct growth station.
Sirius XM Holdings stock (NASDAQ: SIRI) has declined by about 60% this year, amid several challenges, including a sluggish recovery in the automotive industry and adverse advertising trends. Now we believe that Sirius stock is undervalued post the sell-off, with our fair estimate of the stock's value coming at $27 per share almost 25% ahead of the current market price (Jan. 9) on account of the company's low valuation.
Many investors appreciate receiving dividends from companies. They often look at the current payout, the history of increases, and the company's financial statements to determine the dividend's sustainability.
If you're looking for one of Warren Buffett's biggest gainers of this year, you may want to start with one of his worst performers in 2024. Sirius XM Holdings (SIRI -4.78%) was a painful stock to own last year.
Sirius XM CEO Jennifer Witz says in some ways she believes the company is "anti-AI" as the programs on the platform are produced by real people. Back in December, the company's outlook missed expectations and Witz says she is focused on growing subscriptions.
Jennifer Wentz, Sirius XM CEO, joins 'Closing Bell Overtime' to talk its 2025 outlook, its podcast segment, Ai integration and more.
Shares of Sirius XM Holdings (SIRI 2.53%), a satellite radio company, plunged last month after the company provided updated financial guidance for 2025. Management said revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) would be lower than previous guidance.
In the most recent trading session, Sirius XM (SIRI) closed at $22.80, indicating no shift from the previous trading day.
There's no sugarcoating how 2024 played out for Sirius XM Holdings (SIRI -1.32%) shareholders. It's been a rough year.
It's been a tough past couple of years for Sirius XM (SIRI 0.60%) shareholders. The stock is trading down by more than 50% since the end of 2022, reaching yet another multiyear low just a few days ago following the release of disappointing 2025 revenue guidance -- the company expects its top line to fall during the year ahead.
SIRI navigates transformation with new pricing, podcast expansion and tech upgrades. Cautious optimism surrounds 2025 recovery potential.