Sirius’ net margins (net income, or profits after expenses and taxes, calculated as a percent of revenues) fell from levels of about 15% in 2021 to about 13% in 2022 amid market share losses. However, net margins grew slightly to about 14% in 2023. There remains a possibility that margins could fall to about 9% in the near term.

It's time to get serious about Sirius. Of stocks that started 2024 as large caps, the media giant had one of last year's worst performances. It surrendered more than half its value, closing out the year as an out-of-favor mid cap. Sirius XM hit an 11-year low last month. The starting line now is brutal but opportunistic.

Shares of Sirius XM Holdings (NASDAQ: SIRI) are down about 59% in the past year and currently trading at a 52-week low. Underwhelming results from the satellite radio giant have raised concerns about whether the company can manage to turn the dial to the correct growth station.

Shares of Sirius XM Holdings Inc. SIRI advanced 1.17% to $21.56 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP rising 2.45% to 19,511.23 and the Dow Jones Industrial Average DJIA rising 1.65% to 43,221.55.

Berkshire Hathaway has a substantial stake in Sirius XM, indicating confidence in its potential despite challenges. Click here to read why SIRI stock is a Buy.

Shares of Sirius XM Holdings (NASDAQ: SIRI), a satellite radio company, plunged last month after the company provided updated financial guidance for 2025. Sirius XM's management said that total revenue in 2025 would be $8.

This was the stock's second consecutive day of gains.

SiriusXM (NASDAQ: SIRI) has been getting more attention from investors since Warren Buffett started buying the stock for the Berkshire Hathaway portfolio. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now.