SIRI is trading at $20.55 (+2.77%) as the stock rebounds following positive analyst coverage highlighting its strategic positioning for 2026.
- Key drivers supporting the upside include Howard Stern's contract renewal through 2028 and the appointment of new CFO Zachary Coughlin.
- Management targets $1.5 billion in free cash flow by 2027, supported by 31% EBITDA margins and $200 million in annualized cost savings achieved in 2025.
- Improving market sentiment is reflected by a Zacks Rank #2 rating and a 1.7% upward earnings estimate revision to $3.08/share for 2026.