SiriusXM Raises 2026 Forecast for Second Straight Quarter

SiriusXM raised its 2026 forecast for the second straight quarter on 29 October, as shares rose nearly 3% on results day. In its third-quarter release, it now expects revenue of $8.55 billion, adjusted EBITDA (profit before interest, tax and asset wear) of $2.65 billion, and free cash flow (cash left after running costs and investment) of $1.4 billion.