JPMorgan named Sirius XM a preferred stock in the media and telecom sector for 2026. This endorsement provides a positive outlook from the major financial institution.
Bank analysts highlighted the company's distinct position in the automotive and subscription audio markets. They cited Sirius XM's consistent subscriber base as a key strength.
This inclusion follows a period of observation regarding Sirius XM's financial performance. The company’s third-quarter earnings previously surpassed analyst expectations, reporting earnings per share of $0.84 on $2.16 billion in revenue. No specific market reaction to the JPMorgan mention was immediately available.