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CCIX
Upturn stock ratingUpturn stock rating

Churchill Capital Corp IX (CCIX)

Upturn stock ratingUpturn stock rating
$10.82
Delayed price
Profit since last BUY7.77%
upturn advisory
Consider higher Upturn Star rating
BUY since 133 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/22/2025: CCIX (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit 7.77%
Avg. Invested days 133
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/22/2025

Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) 18632
Beta -
52 Weeks Range 9.99 - 11.17
Updated Date 04/25/2025
52 Weeks Range 9.99 - 11.17
Updated Date 04/25/2025
Dividends yield (FY) -
Basic EPS (TTM) -

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating -
Shares Outstanding -
Shares Floating -
Percent Insiders -
Percent Institutions -

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Churchill Capital Corp IX

stock logo

Company Overview

overview logo History and Background

Churchill Capital Corp IX was a special purpose acquisition company (SPAC) founded to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It completed its business combination with SiriusXM and Pandora in 2021, creating SiriusXM.

business area logo Core Business Areas

  • Satellite Radio: SiriusXM delivers audio entertainment and related content via satellite and streaming. It offers music, sports, talk, news, comedy, and other content.
  • Streaming Audio: Pandora provides personalized radio services via the internet. It allows users to listen to music based on their preferences.
  • Advertising: SiriusXM generates advertising revenue through both SiriusXM and Pandora platforms.

leadership logo Leadership and Structure

SiriusXM's leadership team includes Jennifer Witz as Chief Executive Officer. The company has a board of directors overseeing its strategy and operations. The structure is a traditional public company model.

Top Products and Market Share

overview logo Key Offerings

  • SiriusXM Subscription: Satellite radio subscriptions offering diverse content. SiriusXM held approximately 34 million self-pay subscribers as of 2023. Competitors include Spotify, Apple Music, and terrestrial radio.
  • Pandora Streaming: Personalized radio service with ad-supported and premium options. While market share has decreased, Pandora still reaches a large audience. Competitors include Spotify, Apple Music, and Amazon Music.

Market Dynamics

industry overview logo Industry Overview

The audio entertainment industry is highly competitive and rapidly evolving with the growth of streaming services, podcasts, and other digital audio platforms.

Positioning

SiriusXM maintains a strong position in the satellite radio market with exclusive content and partnerships with automakers. Pandora competes in the crowded streaming space, facing challenges from larger, well-funded rivals.

Total Addressable Market (TAM)

The global audio entertainment market is estimated to be hundreds of billions of dollars. SiriusXM and Pandora are positioned to capture a portion of this TAM, but face intense competition.

Upturn SWOT Analysis

Strengths

  • Exclusive content (e.g., Howard Stern)
  • Partnerships with automakers
  • Large subscriber base for SiriusXM
  • Established brand recognition

Weaknesses

  • High subscriber acquisition costs
  • Dependence on automotive sales
  • Pandora's declining market share
  • Competition from streaming services

Opportunities

  • Expansion of streaming offerings
  • Partnerships with other media companies
  • Growth in connected car technology
  • International expansion

Threats

  • Increased competition from streaming services
  • Shifting consumer preferences
  • Economic downturn affecting auto sales
  • Technological disruption

Competitors and Market Share

competitor logo Key Competitors

  • SPOT
  • AAPL
  • AMZN
  • IHRT

Competitive Landscape

SiriusXM benefits from its satellite delivery and auto partnerships, while facing challenges from streaming competitors with greater personalization and on-demand content. Pandora struggles to differentiate itself in the crowded streaming market.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Financial Data is not available for Churchill Capital Corp IX since the company has already undergone a business combination. Please see the financial details for SiriusXM stock (SIRI)

Future Projections: Financial Data is not available for Churchill Capital Corp IX since the company has already undergone a business combination. Please see the financial details for SiriusXM stock (SIRI)

Recent Initiatives: Financial Data is not available for Churchill Capital Corp IX since the company has already undergone a business combination. Please see the financial details for SiriusXM stock (SIRI)

Summary

Churchill Capital Corp IX was a SPAC that successfully merged with SiriusXM and Pandora. The combined entity, SiriusXM, holds a solid market position in the audio entertainment industry, driven by its satellite radio service. However, Pandora faces intense competition in the streaming sector, and subscriber acquisition costs remain a key challenge. To maintain growth, SiriusXM needs to innovate its streaming offerings and leverage connected car technologies.

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Sources and Disclaimers

Data Sources:

  • Company filings
  • Industry reports
  • Market analysis reports

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market conditions can change rapidly.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Churchill Capital Corp IX

Exchange NASDAQ
Headquaters New York, NY, United States
IPO Launch date 2024-06-21
CEO, President & Chairman of the Board Mr. Michael S. Klein
Sector Financial Services
Industry Shell Companies
Full time employees -
Website
Full time employees -
Website

Churchill Capital Corp IX focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in New York, New York.

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