Sirius XM Radio price target raised to $23 from $22 at Rosenblatt\n\nInvesting.com - Rosenblatt raised its price target on Sirius XM Radio (NASDAQ:SIRI) to $23.00 from $22.00 on Monday, while maintaining a Neutral rating on the stock.\n\nThe price target increase follows Sirius XM’s second-quarter 2025 results, which showed ongoing growth challenges for the satellite radio provider.\n\nDespite growth struggles, Rosenblatt noted that Sirius XM’s free cash flow is rising as the company enters a satellite consolidation phase.\n\nThe firm highlighted that cost-control measures are pushing spending below expectations, contributing to improved financial performance.\n\nRosenblatt’s new price target reflects slightly increased estimates while maintaining a 6.4x EV/2025E EBITDA multiple, which the firm indicates is near current levels.\n\nIn other recent news, SiriusXM Holdings Inc. reported its Q2 2025 earnings, revealing that the company missed its earnings per share (EPS) forecast. The EPS came in at $0.57, falling short of the projected $0.75 by 24%. Despite this, the company slightly exceeded revenue expectations, reporting $2.14 billion. The earnings miss has raised concerns among investors about SiriusXM’s performance and future prospects. \n\nAdditionally, the stock experienced a notable decline following the announcement, although specific price movements are not detailed here. The recent developments have caught the attention of analysts and investors alike, prompting discussions about the company’s strategic direction. This financial update is part of a broader context of ongoing evaluations by market analysts. As SiriusXM navigates these challenges, the market will be closely watching any further announcements.

Sirius XM Radio price target raised to $23 from $22 at Rosenblatt

Rosenblatt raised its price target on Sirius XM Radio (NASDAQ:SIRI) to $23.00 from $22.00, maintaining a Neutral rating. The increase follows Sirius XM’s Q2 2025 results, which showed growth challenges but improved free cash flow and cost-control measures. SiriusXM Holdings Inc. missed its EPS forecast by 24% but exceeded revenue expectations, prompting investor concerns.