Can Sirius XM Stock Bounce Back? Here's What Could Happen

Sirius XM (SIRI) has been a nightmare for investors — down 68% over three years. But is there a turnaround brewing?

The Reality Check:

• Subscriber count peaked pre-pandemic and keeps sliding
• Revenue growth? Haven’t seen double digits in over a decade
• The churn problem: more people canceling than signing up

What Could Save It:

• Berkshire Hathaway now owns 37.1% — Buffett’s presence matters
• Trading cheap at under 7x next year’s earnings
• Still printing serious free cash flow + 5.2% dividend yield
• Back-to-office mandates could mean more commuters tuning in

The Wild Cards: Howard Stern’s contract ends early 2026 — losing him would be brutal. But the company’s betting on podcasters and new content to fill the gap.

Analysts see slow revenue growth (just 0.8% by 2028) but 11% earnings growth. The real question: does Buffett keep accumulating, or does this become a private equity buyout?

As a cash flow machine with a fat dividend, SIRI might grind higher if the subscriber hemorrhaging stops. But it’s not sexy — more of a show-me story where execution is everything.