Sirius XM Holdings (SIRI) is seeing trending investor interest, according to Simply Wall St, which notes that despite slower subscriber growth, higher free cash flow expectations suggest the stock is currently undervalued.
- The analysis suggests a fair value of $24.00, significantly above the previous close of $20.81.
- SIRI is trading slightly higher in pre-market hours, up 0.34% at $20.88.
- The stock lacks major company-specific news today and aligns with a softer overall market sentiment, as the S&P 500 is down 0.38%.