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$SIRI

BULLISH2026-10-09
Price around the call
↑ 2026-10-09
By horizonMaturing · ~11 trading days to go
1d
…
5d
✓ +2.4%
21d
…
Original post
Cem Karsan 🥐 · 2026-10-09

Eagle Point Capital and I have been working closely on SiriusXM. This is the first piece of analysis we will be sharing together, with more to come in the months ahead. $SIRI seems very cheap at 6.5x FCF, a 15% free cash flow yield. The low valuation reflects the market consensus that the business is a melting ice cube. The data tells a different story. The stock’s valuation does not take into account the company’s top-line stability, bottom-line growth potential as a capex cycle winds down, a partnership with YouTube, or its unused and unneeded spectrum, which is a hidden asset. The combination of a low valuation, high short interest, and several looming catalysts make SIRI a likely short squeeze candidate. Cont.. 👇

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