SiriusXM Holdings Inc. Common Stock (SIRI)

FairStock Score: 56/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Sirius XM as a Graham-style asset, not a glamour story. The company sells subscription audio, satellite radio plus Pandora and off-platform streaming, and at $26.57 on 2026-10-13 the market cap is $9.0B. FairStock's calculations show a P/E of 10.67, a P/B of 0.76, and an FCF yield of 17.3% on $1.5B trailing free cash flow. The Graham Number is $44.52, implying a 40.32% margin of safety. That is a valuation case. The business quality is more mixed. In fiscal 2023, revenue was $9.0B, and in fiscal 2025, revenue was $8.6B, so the top line has slipped. But fiscal 2024 brought a $1.7B net loss and EPS of -$6.14, while fiscal 2025 returned to $805M of net income and EPS of $2.23. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $2.2B and net income was $239.0M, versus $2.1B and $205.0M in fiscal Q2 2025. FairStock labels it a TURNAROUND because it returned to profit after a loss within three years. The moat is not wide; satellite delivery and exclusive content help, but streaming competition is real. Financial health is decent but not bulletproof: D/E is 0.81, ROE is 7.57%, ROCE is 4.43%, and the Altman Z-Score of 1.04 is a yellow flag, though Piotroski is 7/9. The PEG of 0.64 and EV/EBITDA of 8.11 suggest the price already discounts slow growth. I would want evidence that revenue can stabilize and debt can be managed before calling it a quality compounder. The cash generation and discount are the attraction; the flat top line and leverage are the caution.

In plain English: Sirius XM sells satellite radio and streaming audio subscriptions, mostly in North America. The business generates steady cash and pays a dividend, but sales are flat and profits have been uneven. At the 2026-10-13 close of $26.57, the stock looks modestly cheap against its earnings and cash flow, though it is not a fast-growing company.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer