Sirius XM's Weird Space Rally Explained
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Early Retiree7.21K FollowersFollow5ShareSaveCommentsFollow us on Google for the latest stock newsFollow Seeking Alpha on Google for the latest stock newsSummarySirius XM remains undervalued at 8.45x forward EPS and a 4.13% yield, despite a 40% YTD rally.SIRI's spectrum assets may unlock new growth via regulatory changes enabling spectrum leasing for emergent space operations.The company is poised for $1.35 billion FCF in 2026 (15.3% yield), with buybacks likely to resume as debt declines.Potential spectrum monetization, regulatory catalysts, and possible post-2026 acquisition position SIRI as more than a legacy media value trap. Sirius XM might have a new business in space 3DSculptor/iStock via Getty Images A Likely Outperformer Sirius XM Holdings Inc. (SIRI) has been an extraordinarily satisfying holding in recent weeks, and although it is up 40% YTD, it is still veryThis article was written byEarly Retiree7.21K FollowersFollowHaving always been a learning machine, I speak five languages, have worked as a sales agent, project manager, translator, computer consultant, software engineer, built a house with my own hands, published books and essays on literature, philosophy and art, have written for magazines of various kinds in different countries. After retiring early in 2004, little by little, I have become a fund manager for some friends and myself, following the principles of value investing laid out by Benjamin Graham, Phil Fisher, Charlie Munger and Warren Buffett. In my article “The Portfolio For Early Retirees” I presented a simple and practical way to structure an investment portfolio for early retirees. In 2015 I won the Seeking Alpha Contrarian Contest and was among the winners of several other competitions in later years. I have also been a regular contributor to Seeking Alpha Pro right from the start.I strive to gather above-average knowledge about my stock picks. As this takes many hours, despite managing my portfolio full-time, you should not expect me to throw out new ideas each and every week.
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