11 Most Undervalued Mid Cap Stocks to Buy Now

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2. Sirius XM Holdings Inc. (NASDAQ:SIRI)

Number of Hedge Fund Holders: 54

Sirius XM Holdings Inc. (NASDAQ:SIRI) is one of the most undervalued mid cap stocks to buy now. On February 10, JPMorgan analyst Sebastiano Petti upgraded Sirius XM to Neutral from Underweight, while raising the price target to $24 from $20. The upgrade followed better-than-expected Q4 2025 results and improving subscriber trends. The firm expressed encouragement regarding Sirius XM’s new product contributions, advertising trends, and monetization efforts, while noting the company’s progress toward deleveraging.

Additionally, on February 6, Seaport Research downgraded Sirius XM Holdings Inc. (NASDAQ:SIRI) to Neutral from Buy and removed its price target. Although the company’s new revenue and EBITDA guidance for 2026 is stable compared to 2025 (driving a relief rally after years of negative growth forecasts) the firm lowered its own estimates.

This reduction reflects expectations for moderately worse self-pay net losses in 2026, slower ARPU growth, and the fact that most cost savings from the previous year are being redeployed into new initiatives rather than boosting the bottom line.

Sirius XM Holdings Inc. (NASDAQ:SIRI) operates as an audio entertainment company in North America. It operates through two segments: Sirius XM, Pandora, and Off-platform.

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