Dolby Laboratories, Inc. (DLB)

NYSE: DLB · IEX Real-Time Price · USD
80.26
+0.64 (0.80%)
Jul 16, 2024, 11:21 AM EDT - Market open
0.80%
Market Cap 7.67B
Revenue (ttm) 1.27B
Net Income (ttm) 190.40M
Shares Out 95.84M
EPS (ttm) 1.96
PE Ratio 40.62
Forward PE 20.87
Dividend $1.20 (1.50%)
Ex-Dividend Date May 13, 2024
Volume 73,273
Open 80.07
Previous Close 79.62
Day's Range 79.80 - 80.50
52-Week Range 75.87 - 90.46
Beta 0.99
Analysts Strong Buy
Price Target 98.67 (+22.94%)
Earnings Date Aug 7, 2024

About DLB

Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment at the cinema, DTV transmissions and devices, mobile devices, OTT video and music services, home entertainment devices, and automobiles. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, a digital audio coding technology that delivers new audio experience... [Read more]

Sector Industrials
IPO Date Feb 17, 2005
Employees 2,246
Stock Exchange NYSE
Ticker Symbol DLB
Full Company Profile

Financial Performance

In 2023, DLB's revenue was $1.30 billion, an increase of 3.66% compared to the previous year's $1.25 billion. Earnings were $200.66 million, an increase of 9.00%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for DLB stock is "Strong Buy." The 12-month stock price forecast is $98.67, which is an increase of 22.94% from the latest price.

Price Target
$98.67
(22.94% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Dolby Laboratories Announces Conference Call and Webcast for Q3 Fiscal 2024 Financial Results

SAN FRANCISCO , July 8, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE: DLB), a leader in immersive entertainment experiences, will release financial results for the third quarter (Q3) after the ...

7 days ago - PRNewsWire

Middle East & Africa 3D Audio Market Forecast to 2030, Featuring Barco, Dolby Laboratories, Waves Audio and Sennheiser Electronic

Dublin, June 12, 2024 (GLOBE NEWSWIRE) -- The "Middle East & Africa 3D Audio Market Forecast to 2030 - Regional Analysis - By Component (Hardware, Software, Services) and End Use Industries (Consumer ...

4 weeks ago - GlobeNewsWire

Dolby Laboratories Announces Agreement to Acquire GE Licensing from GE Aerospace

Acquisition to strengthen Dolby's licensing businesses and create opportunity for future growth SAN FRANCISCO , June 6, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE: DLB), a leader in immersive...

Other symbols: GE
5 weeks ago - PRNewsWire

Dolby Laboratories to Present at Upcoming Investor Conferences

SAN FRANCISCO , May 23, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE: DLB) today announced that management will present at the following investor conferences: Kevin Yeaman, President and Chief ...

7 weeks ago - PRNewsWire

Dolby Laboratories President and Chief Executive Officer Kevin Yeaman to Host Fireside Chat at the J.P. Morgan Global Technology, Media and Communications Conference

SAN FRANCISCO , May 20, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE:DLB) today announced that Kevin Yeaman, President and Chief Executive Officer, will host a fireside chat at the J.P. Morgan ...

2 months ago - PRNewsWire

Dolby Laboratories Reports Second Quarter 2024 Financial Results

SAN FRANCISCO , May 2, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE:DLB) today announced the company's financial results for the second quarter of fiscal 2024. "Our second quarter results were ...

2 months ago - PRNewsWire

Dolby Laboratories Announces Conference Call and Webcast for Q2 Fiscal 2024 Financial Results

SAN FRANCISCO , April 9, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE:DLB) will release financial results for the second quarter (Q2) after the close of regular trading on Thursday, May 2, 2024...

3 months ago - PRNewsWire

Dolby Showcases the Immersive power of Dolby Cinema in Latest "Love More" Global Brand Campaign

SAN FRANCISCO , Feb. 28, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE: DLB), a leader in immersive entertainment experiences, is launching the next chapter of the " Love More in Dolby" global b...

4 months ago - PRNewsWire

Dolby Laboratories Senior Vice President and Chief Financial Officer Robert Park and Senior Vice President of Entertainment John Couling to Host Fireside Chat at the Morgan Stanley Technology, Media & Telecom Conference

SAN FRANCISCO , Feb. 27, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE:DLB) today announced that Robert Park, Senior Vice President and Chief Financial Officer, and John Couling, Senior Vice Pre...

4 months ago - PRNewsWire

Dolby Laboratories Reports First Quarter 2024 Financial Results

SAN FRANCISCO , Feb. 1, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE:DLB) today announced the company's financial results for the first quarter of fiscal 2024. "Our first quarter results were i...

5 months ago - PRNewsWire

Dolby Laboratories Announces Conference Call and Webcast for Q1 Fiscal 2024 Financial Results

SAN FRANCISCO , Jan. 8, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE:DLB) will release financial results for the first quarter (Q1) after the close of regular trading on Thursday, February 1, 2...

6 months ago - PRNewsWire

Dolby shares fall on disappointing forecast

Shares of Dolby Laboratories Inc. DLB, -1.00% fell 4.8% after hours on Thursday after the audio and imaging technology developer forecast profit and sales for its next fiscal year that were below Wall...

8 months ago - Market Watch

Dolby Laboratories Reports Fourth Quarter and Fiscal Year 2023 Financial Results

SAN FRANCISCO , Nov. 16, 2023 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE:DLB) today announced the company's financial results for the fourth quarter and full year of fiscal 2023. "We finished our ...

8 months ago - PRNewsWire

MGM RESORTS REVEALS NEW DETAILS ABOUT BELLAGIO FOUNTAIN CLUB EXPERIENCE AT FORMULA 1® HEINEKEN SILVER LAS VEGAS GRAND PRIX

Bellagio Fountain Club to Host Official Las Vegas Grand Prix Winner's Stage Culinary legends José Andrés, Christina Tosi, Alain Ducasse, Rainer Becker join Bellagio Fountain Club's superstar chef line...

Other symbols: MGM
9 months ago - PRNewsWire

Dolby and Hiventy, Part of TransPerfect Media, Redefine the Visual and Audio Experience

A new era of cinematic creativity has begun with the opening of the first Dolby Vision HDR grading and projection room for cinema in France PARIS , Oct. 12, 2023 /PRNewswire/ -- Dolby, a leader in imm...

9 months ago - PRNewsWire

Dolby Laboratories Announces Conference Call and Webcast for Q4 Fiscal 2023 Financial Results

SAN FRANCISCO, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) will release financial results for the fourth quarter (Q4) and full year of fiscal 2023 after the close of regular ...

10 months ago - GlobeNewsWire

Dolby Laboratories Set to Join S&P MidCap 400; Staar Surgical to Join S&P SmallCap 600

NEW YORK , Aug. 17, 2023 /PRNewswire/ -- Dolby Laboratories Inc. (NYSE:DLB) will replace Staar Surgical Co. (NASD:STAA) in the S&P MidCap 400 and Staar Surgical will replace Urstadt Biddle Properties ...

Other symbols: STAA
11 months ago - PRNewsWire

Dolby stock rises on upcoming move to S&P MidCap 400

Shares of Dolby Laboratories Inc. DLB, +0.96% were up 4.8% after hours on Thursday after S&P Dow Jones Indices said the audio-tech company would replace Staar Surgical Co. STAA, +0.17% in the S&P MidC...

11 months ago - Market Watch

Top 5 Tech Stocks Which Could Rescue Your Portfolio This Month - Cognex (NASDAQ:CGNX), Apple (NASDAQ:AAPL)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: CGNXAAPLIDCCLFUS
1 year ago - Benzinga

Dolby Laboratories Reports Third Quarter Fiscal 2023 Financial Results

SAN FRANCISCO, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) today announced the company's financial results for the third quarter of fiscal 2023.

1 year ago - GlobeNewsWire

Dolby Laboratories Announces Conference Call and Webcast for Q3 Fiscal 2023 Financial Results

SAN FRANCISCO, July 18, 2023 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE: DLB) will release financial results for the third quarter (Q3) of fiscal 2023 after the close of regular trading on Thu...

1 year ago - GlobeNewsWire

Dolby Laboratories Expands Partnership with Cinépolis by Extending Multi-Year Agreement

Dolby to provide IMS3000 servers, audio processing, loudspeakers, and Dolby Multichannel Amplifier to more than 2,000 screens Dolby to provide IMS3000 servers, audio processing, loudspeakers, and Dolb...

1 year ago - GlobeNewsWire

Dolby Laboratories President and CEO Kevin Yeaman to Host Fireside Chat at the William Blair Growth Stock Conference

SAN FRANCISCO, June 02, 2023 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) today announced that Kevin Yeaman, President and CEO, will host a fireside chat at the 43rd Annual William Blair Gr...

1 year ago - GlobeNewsWire

Dolby Laboratories Senior Vice President and Chief Financial Officer Robert Park and Senior Vice President of Entertainment John Couling to Host Fireside Chat at the J.P. Morgan Technology, Media, and Communications Conference

SAN FRANCISCO, May 15, 2023 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) today announced that Robert Park, Senior Vice President and Chief Financial Officer, and John Couling, Senior Vice P...

1 year ago - GlobeNewsWire

Dolby Laboratories Reports Second Quarter Fiscal 2023 Financial Results

SAN FRANCISCO, May 04, 2023 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) today announced the company's financial results for the second quarter of fiscal 2023.

1 year ago - GlobeNewsWire