$SIRI

SIRIUS XM HOLDINGS INC. (SIRI) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Sirius XM Holdings Reports Third Quarter 2026 Results and Raises Full-Year Financial Guidance • Third Quarter Consolidated Revenue was down slightly year-over-year to $2.15 billion • Net Income increased 7% to $317 million from the prior year period • Adjusted EBITDA

Sirius XM Holdings (SIRI) reported Q3 net income of $317M, or 78 cents per share, exceeding analyst estimates. Revenue was $2.15B, slightly below expectations. The company forecasts full-year revenue of $8.55B.

StoneX maintained a Buy rating on Sirius XM Holdings (SIRI) with a $38 price target, implying a 39.4% upside from the Oct 27 close. The firm cited strong advertising growth potential from a YouTube partnership and a resilient subscription model as key drivers.

Sirius XM Holdings Inc. (SIRI) declared a $0.27 per share quarterly dividend, matching its previous payout. The forward yield is 4.01%. The dividend is payable on Nov. 23 to shareholders of record on Nov. 6, with an ex-dividend date of Nov. 6.

SpaceX agreed to pay $8 billion for Grain Management’s 800 MHz spectrum, signaling the value of licensed radio-frequency assets. Sirius XM (SIRI) owns S-band satellite spectrum, which, if valued similarly, could imply a $14.3 billion worth, above its $9.1 billion market cap. SIRI shares rose 2.43% on Friday. Analysts see potential upside, with a consensus target of $33.78. The FCC’s upcoming spectrum rules and SIRI’s Q3 earnings call on October 29 may impact its valuation.

Sirius XM (SIRI) stock rose 2.3% in pre-market trading, rebounding with the broader tech sector. No company-specific catalyst was cited, but analysts note its consensus fair value is $33.23, above recent trading range. The stock has declined over 10% in the past 30 days but remains up year-to-date. Investors anticipate Q3 earnings on October 29.

Wells Fargo maintained an Equal Weight rating and $31 target on Sirius XM (SIRI). They adjusted estimates for subscriber changes and expect revenue growth from partnerships. SIRI's Q2 revenue and EBITDA beat estimates, leading to mixed analyst reactions. Guggenheim raised its target to $35, while BofA increased to $24, and Deutsche Bank upgraded to Buy with a $45 target.

Greg Abel, Berkshire Hathaway's CEO, oversees $42B in three virtual monopolies: Alphabet ($36.37B), Sirius XM ($3.23B), and VeriSign ($2.58B). Abel tripled Berkshire's Alphabet stake, making it the third-largest holding. These investments highlight Berkshire's focus on sustainable competitive edges.

Sirius XM Holdings announced its SXM-11 satellite is operational, enhancing coverage and reliability. The satellite supports 210 million equipped vehicles and aims to reduce churn. Analysts project $8.9B revenue and $1.2B earnings by 2029, with some expecting higher figures. The company faces challenges from competition and changing listening habits.

Netflix (NFLX) fell 4% after Wells Fargo cut its rating and price target to $57. Sirius XM (SIRI) rose 6% following a Deutsche Bank upgrade and $45 price target. Meta Platforms (META) dropped 4% due to a trial and rising costs, while Comcast and Charter saw significant declines. Investors are reacting to sector-specific news and analyst actions.