Investing
Add as a preferred source on GoogleThe bank's assessment also cited business trends at the satellite radio company.
Goldman Sachs' assessment of Sirius XM Holdings Inc. included the company's business trends and the possibility that YouTube could become a source of revenue for the company.
The bank also identified the strategic importance of Sirius XM's spectrum holdings.
The estimate concerns possible state pauses, tighter oversight and tax changes; separate Goldman research projects U.S. data center power demand at 66 gigawatts in 2027.
The Philadelphia Semiconductor Index traded at about 12.16 times forward earnings.
Goldman Sachs expects profit growth to slow across regions and sectors in 2027, with higher interest rates also contributing to a pullback in stocks, Peter Oppenheimer said.
