Sirius XM reports October 29: Barrington sets USD 36.00 target for Sirius XM stock
Published on 10/24/2026 at 19:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSReporting date and targets
- SiriusXM will publish third-quarter 2026 results on October 29, 2026.
- Barrington kept a Buy rating and a USD 36.00 target on October 15, 2026.
- Sirius XM stock costs EUR 24.70 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, 0.41 percent above the Tradegate close of October 23, 2026.
Sirius XM will report its third-quarter 2026 operating and financial results on October 29, 2026, giving investors the next scheduled test of its subscription and advertising businesses. The date was announced by Sirius XM on October 5, 2026. Sirius XM stock was trading at EUR 24.70 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, 0.41 percent above the Tradegate close of October 23, 2026 at EUR 24.60.
Target remains above the stock
On October 15, 2026, Barrington kept its Buy rating for Sirius XM and set a USD 36.00 price target, according to Markets Insider. Against the Nasdaq close of USD 27.63 on October 23, 2026, that target stands 30.29 percent above the stock price.
What does the next report test?
The second-quarter 2026 earnings call pointed to modest operating progress. Sirius XM reported revenue of nearly USD 2.20 billion, up 1.00 percent from the prior-year quarter, while adjusted EBITDA rose 3.00 percent to USD 691.00 million. The figures came from the company earnings call transcript published by Yahoo Finance.
Management also raised full-year 2026 guidance to approximately USD 8.525 billion of revenue, USD 2.625 billion of adjusted EBITDA and USD 1.375 billion of free cash flow. In the same call, free cash flow for the second quarter increased 48.00 percent year over year to USD 593.00 million, while net income rose 17.00 percent to USD 239.00 million.
Valuation and reporting date
The Nasdaq-listed company had a market capitalization of USD 9.3 billion and a trailing P/E ratio of 10.88 as of October 23, 2026. Its 52-week Nasdaq range was USD 19.77 to USD 32.66. The October 29 report is scheduled before the market opens and will be followed by an investor conference call at 8:00 a.m. ET.
Stock position
The euro quotation is 24.00 percent above the 52-week low of EUR 19.92 and 24.00 percent below the 52-week high of EUR 32.50, based on the German quotation range. The Nasdaq stock closed at USD 27.63 on October 23, 2026, after trading between USD 27.19 and USD 27.67 during that session.
Price and investor perspective
Sirius XM enters the October 29 report with a dated earnings catalyst, a USD 36.00 Barrington target and guidance that calls for USD 1.375 billion of 2026 free cash flow. The next report will test whether advertising growth and cost control can offset pressure from subscriber additions and higher memory costs.
The further course of trading is shown by the continuously updated real-time quote of Sirius XM stock.
Sirius XM stock facts
- Company: Sirius XM Holdings Inc.
- ISIN: US8299331004
- Ticker: SIRI
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 24, 2026, 1:04 p.m. CEST): EUR 24.70
- Change versus Tradegate close: plus 0.41 percent
- Tradegate close (October 23, 2026): EUR 24.60
- Market capitalization: USD 9.3 billion (as of October 23, 2026)
- 52-week range: USD 19.77-32.66 (as of October 23, 2026)
- Sector / Industry: Communication Services / Broadcasting
Market context: Market report S&P 500.
