Dolby Laboratories, Inc. (DLB)

Market Cap	7.87B
Revenue (ttm)	1.32B
Net Income (ttm)	262.67M
Shares Out	96.38M
EPS (ttm)	2.70
PE Ratio	30.31
Forward PE	19.41
Dividend	$1.32 (1.61%)
Ex-Dividend Date	Feb 11, 2025

Volume	16,343
Open	83.38
Previous Close	82.32
Day's Range	81.63 - 83.04
52-Week Range	66.35 - 89.66
Beta	0.98
Analysts	Strong Buy
Price Target	99.50 (+21.89%)
Earnings Date	Jan 29, 2025

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 4 analysts, the average rating for DLB stock is "Strong Buy." The 12-month stock price forecast is $99.5, which is an increase of 21.89% from the latest price.

Price Target

$99.5

(21.89% upside)

Analyst Consensus: Strong Buy