Sirius XM Holdings Inc. (SIRI) experienced a significant intraday surge, with its stock price soaring 12.69% during Thursday's trading session.
The sharp increase follows the company's release of its fourth-quarter and full-year 2025 financial results, which surpassed analyst expectations. Sirius XM reported Q4 revenue of $2.19 billion, beating the consensus estimate of $2.17 billion. A key driver was an unexpected addition of approximately 110,000 self-pay subscribers during the quarter, contrasting with analyst forecasts for a loss.
Further bolstering investor sentiment were several positive business developments highlighted in the report. The company's podcasting revenue grew 41% in 2025, it achieved $250 million in cost savings exceeding its target, and it secured a three-year contract extension with prominent host Howard Stern. Additionally, Sirius XM provided encouraging guidance for 2026, targeting revenue of approximately $8.5 billion and free cash flow of about $1.35 billion.
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