Sirius XM Holdings Inc. (SIRI) Finalizes Multi-Year Agreement with Morbid; Morgan Stanley Raises PT

With a low price-to-earnings multiple and a significant presence in Warren Buffett’s investment portfolio, Sirius XM Holdings Inc. (NASDAQ:SIRI) earns a spot on our list of the 12 Cheap Value Stocks to Buy Now According to Warren Buffett.

Citing a stable ad and auto outlook that reduces short-term cyclical risk, Morgan Stanley, on July 16, 2025, raised its price target on Sirius XM Holdings Inc. (NASDAQ:SIRI) from $21 to $22. The investment firm maintained an ‘Underweight’ rating. However, the analyst believes that more compelling opportunities exist elsewhere within the telecom and cable markets. Furthermore, Morgan Stanley expressed caution about the persistent secular pressures and the unchanged path to deleveraging.

Meanwhile, two weeks later, on July 30, Sirius XM Holdings Inc. (NASDAQ:SIRI) finalized a multi-year agreement with ‘Morbid,’ a popular true crime podcast. SIRI is set to join its industry-leading Podcast Network on September 1, 2025. Morbid’s popularity has risen substantially within the true crime genre. With this deal, Sirius XM Holdings Inc. (NASDAQ:SIRI) has acquired exclusive distribution and ad sales rights for the podcast’s video and audio versions, strengthening its top-tier podcast portfolio.

Previously, on July 23, 2025, Sirius XM Holdings Inc. (NASDAQ:SIRI) declared a quarterly dividend of $0.27 per share, which is payable on August 27, 2025.

Sirius XM Holdings Inc. (NASDAQ:SIRI), a satellite radio company, offers entertainment, news, sports, and music content in North America. It is included in our list of cheap value stocks to buy.

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