Dolby Laboratories, Inc. (DLB)

Market Cap	7.82B
Revenue (ttm)	1.27B
Net Income (ttm)	261.83M
Shares Out	95.35M
EPS (ttm)	2.69
PE Ratio	30.48
Forward PE	20.19
Dividend	$1.20 (1.46%)
Ex-Dividend Date	Aug 19, 2024

Volume	1,501,770
Open	75.50
Previous Close	70.91
Day's Range	74.33 - 82.43
52-Week Range	66.35 - 90.06
Beta	0.98
Analysts	Strong Buy
Price Target	99.33 (+21.16%)
Earnings Date	Nov 19, 2024

About DLB

Dolby Laboratories, Inc. engages in the design and manufacture of audio, imaging, accessibility, and other hardware and software solutions primarily for application in the television, broadcast, and live entertainment industries in the United States and internationally. The company develops and licenses its audio technologies, such as AAC, HE-AAC, and extended HE-AAC, a digital audio codec solution; AVC, a digital video codec used in STBs, mobile devices, cameras, and broadcast television services and other products; and Dolby Atmos and Dolby V...

• Industry: Specialty Business Services
• Sector: Industrials
• IPO Date: Feb 17, 2005
• Employees: 2,080
• Stock Exchange: NYSE
• Ticker Symbol: DLB
• Website: https://www.dolby.com

Financial Performance

In 2024, Dolby Laboratories's revenue was $1.27 billion, a decrease of -2.00% compared to the previous year's $1.30 billion. Earnings were $261.83 million, an increase of 30.48%.

Analyst Forecast

According to 3 analysts, the average rating for DLB stock is "Strong Buy." The 12-month stock price forecast is $99.33, which is an increase of 21.16% from the latest price.

Price Target

$99.33

(21.16% upside)

Analyst Consensus: Strong Buy