SIRI is trading at $20.57 (+2.88%) as the stock rebounds from recent weakness, driven by strategic developments and positive momentum entering 2026.
- Strategic developments include the renewal of Howard Stern through 2028 and the appointment of new CFO Zachary Coughlin, who brings automotive and consumer finance expertise.
- Zacks upgraded SIRI to Rank #2, raising the 2026 earnings estimate to $3.08 per share (up 1.7% in 60 days), signaling an improved profitability outlook.
- The current recovery follows a significant 17.7% decline over the prior six months, indicating a positive shift in market sentiment toward the company's strategic positioning.