Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



This Week in Sirius XM Radio

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Things never get dull for the country's lone satellite-radio provider. Shares of Sirius XM Radio (NASDAQ: SIRI  ) moved higher this past week, rising 4.4% to close at $4.05, and hit a six-year high along the way. The media darling's pop came on a strong week of recovery for the markets in general.

There was more going on beyond its share-price gyrations, though. Pandora (NYSE: P  ) also hit a new high after an analyst upgrade, and Sirius XM is making its biggest pitch yet for Latino listeners with a new show and subscription plan.

Let's take a closer look.

Keep on moving
Sirius XM traded as high as $4.06 on Friday, breaking through its earlier six-year high of $4. Technically, this isn't an all-time high, but it is in terms of market cap. The last time Sirius XM traded higher, it was with far fewer shares outstanding, since this was before the merger with XM and the 40% preferred share stake it awarded Liberty Media (NASDAQ: LMCA  ) four years ago. Liberty Media went on to increase its position to a majority stake after receiving regulatory clearance. 

So, yes, Sirius XM has never been this valuable.

Si mas
Sirius XM officially launched El Show de Piolin on Friday, starring Mexican terrestrial-radio personality Eddie "Piolin" Sotelo. A star-studded cast of guests including Enrique Iglesias and Ana Gabriel have already been confirmed to appear on the show.

Sirius XM has been beefing up its content geared toward the Latino market since the rollout of Sirius XM 2.0, but it's making an even bigger push now with a "SiriusXM Espanol" satellite package that will set subscriber back just $5.99 a month. It includes the Spanish-language content as well as a handful of the media giant's English-language music and talk content.

It remains to be seen whether Sirius XM moves to offer other low-priced plans with limited content like this. More than half of the 50 million cars out there with satellite receivers are dormant. The key is to see how many new subscribers it can get without getting existing listeners to trade down.

Pandora keeps rocking
It wasn't just Sirius XM hitting new highs on Friday. Pandora also set a new high-water mark.

Pandora kicked off the week with some Wall Street love. Cowen & Co. analyst John Blackledge boosted his target price on the stock from $23 to $29, encouraged by Pandora's prospects for lowering its programming costs while growing its ad revenue.

Pandora's CFO also made some interesting comments about the new competition posed by iTunes Radio. He sees it as a "credible threat" but still believes Pandora will continue to thrive in the market that it currently dominates.

Get serious about your future
If you want to stay sharp -- as Sirius XM investors have in recent years -- keep looking for the stocks that will make a difference in your portfolio. The Motley Fool's free report "
3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.

Read/Post Comments (2) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On October 21, 2013, at 3:09 PM, HurricaneJohnson wrote:

    I'm a long time XM subscriber. There is no doubt that catering to a Latino audience with additional programming is good business - especially as the Spanish-only speaking population increases.

    In the process, they removed 2 of 3 talk radio channels that had some conservative hosts. When I opened a case with their customer care group to get an explanation, they stated that these two channels were removed due to the inability of extending a deal with Clear Channel. I suspect there were other motivations involved....especially when I noticed that there are 3 Public Radio channels.

    Business is business, but I suspect removing popular talk show channels is showing SiriusXM's ideological bent.

  • Report this Comment On October 21, 2013, at 3:25 PM, Realexpectations wrote:


    NIKKI SIXX BACK!!!!!!!!!!!


Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2690471, ~/Articles/ArticleHandler.aspx, 9/26/2016 11:56:13 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 2 hours ago Sponsored by:
DOW 18,094.83 -166.62 -0.91%
S&P 500 2,146.10 -18.59 -0.86%
NASD 5,257.49 -48.26 -0.91%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/26/2016 4:00 PM
SIRI $4.17 Down -0.04 -0.95%
Sirius XM Radio CAPS Rating: **
LMCA $28.19 Down -0.96 -3.29%
Liberty Media CAPS Rating: ****
P $13.99 Down -0.10 -0.71%
Pandora Media CAPS Rating: **