Sirius XM (SIRI) Soars 12.2%: Is Further Upside Left in the Stock?

Group 1 - Sirius XM (SIRI) shares increased by 12.2% to close at $23.08, following a period of 20.1% loss over the past four weeks, indicating a significant recovery in trading volume [1][2] - The rise in stock price is attributed to a favorable personal consumption price index report and Berkshire Hathaway's acquisition of an additional 5 million shares, increasing their stake to 35% [2] - Sirius XM's current stock price of$ 23.05 is near its 10-year low, while the dividend yield is close to a 10-year high, making it attractive for income-seeking investors [3] Group 2 - The consensus EPS estimate for Sirius XM has been revised 4.1% higher in the last 30 days, suggesting potential price appreciation [4] - The company is expected to report quarterly earnings of $0.63 per share, reflecting a year-over-year decline of 30%, with revenues projected at$ 2.17 billion, down 5% from the previous year [5] - Sirius XM is part of the Zacks Broadcast Radio and Television industry, which includes Fox Corporation, whose stock also saw a 1.5% increase [7]