Sirius XM Holdings Inc. saw its stock trading lower on Friday following a research note from Barrington Research. The firm's analyst, P. Sholl, trimmed the third-quarter 2025 earnings per share estimate for Sirius XM from $0.80 to $0.78, though they maintained an "Outperform" rating on the stock. The analyst adjustment comes amid broader market commentary questioning the satellite radio company's long-term growth prospects in the face of competition from modern streaming services. While the company's free cash flow projections and high dividend yield are noted as attractive to investors, concerns about its ability to grow its subscriber and revenue base continue to create negative sentiment.