Could SiriusXM Be the Hidden gem That Boosts Your Portfolio?
From Yahoo Finance: 2025-03-25 05:33:00
SiriusXM stock saw a 60% decline in 2024 while the S&P 500 rose by over 20%. Despite a 5% increase this year, it’s down 11% since February when Berkshire Hathaway upped its stake. SiriusXM trades at a low multiple of expected 2025 earnings, showing potential for growth.
With stagnant revenue since 2021 and a declining subscriber base, SiriusXM faces challenges. Howard Stern’s contract expires in 2025, raising concerns, but the focus on popular podcasts may offset losses. The company remains profitable and has cut costs while expanding exclusive content like podcasts.
SiriusXM aims to add 10 million subscribers and increase free cash flow by 30% by 2027. The company offers new channels, exclusive content, and plans to boost subscriber growth with free services and partnerships. Trading at less than eight times forward earnings and a 4.5% dividend yield, SiriusXM shows value potential for investors.
Read more at Yahoo Finance: Could SiriusXM Be the Hidden gem That Boosts Your Portfolio?