The Motley Fool identifies Sirius XM as an undervalued investment. The company trades at 6.8 times its current year profit target. Sirius XM uses free cash flow for stock buybacks and a 5.1% dividend yield.
The subscriber base declined to 33 million. This total is down from a peak in 2019. Revenue and profit per share grew over the last several years. Aggressive share repurchases supported this growth.
Wall Street analysts project a return to revenue growth in 2027.