Sirius XM (SIRI) listeners were frustrated on Thursday due to an outage of the audio streaming company’s services, leaving many without their favorite tunes or podcasts to listen to during their morning commutes. Several users have taken to social media to complain about this issue, which has garnered a response from Sirius XM’s support team.
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Sirius XM addressed the issue on its X, formerly Twitter, account. It said, “We’re aware some listeners are currently experiencing issues with the SiriusXM service. Our teams are actively working to resolve the issue as quickly as possible. Thank you for your understanding and patience.” According to DownDetector, the first outage reports started rolling in at 8:22 a.m. ET.
There haven’t been any further updates from Sirius XM about the outage, leaving subscribers frustrated. It’s also unclear what’s behind this music interruption. The outage comes after a similar disturbance for other companies earlier this week. That was caused by issues with Cloudflare (NET) that prevented users from accessing sites such as X and OpenAI’s (OPAIQ) ChatGPT.
Sirius XM Stock Movement Today
Sirius XM stock was largely unaffected by the Thursday outage news, with shares up 0.7% in pre-market trading. The stock fell 0.93% yesterday and has dropped 4.67% year-to-date and 19.62% over the past 12 months.
Investors will note that Sirius XM recently announced an executive change. This saw it appoint Zac Coughlin as the next Chief Financial Officer when Tom Barry steps down at the start of 2026.
Is Sirius XM Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Sirius XM is Hold, based on two Buy, two Hold, and four Sell ratings over the past three months. With that comes an average SIRI stock price target of $22.75, representing a potential 9.22% upside for the shares.
