Dolby Laboratories, Inc. (DLB)

NYSE: DLB · IEX Real-Time Price · USD
76.00
+2.67 (3.64%)
Jun 24, 2022 4:00 PM EDT - Market closed
3.64%
Market Cap 7.67B
Revenue (ttm) 1.26B
Net Income (ttm) 215.55M
Shares Out 100.90M
EPS (ttm) 2.08
PE Ratio 36.52
Forward PE 17.45
Dividend $0.97 (1.28%)
Ex-Dividend Date May 16, 2022
Volume 518,494
Open 73.79
Previous Close 73.33
Day's Range 73.59 - 76.16
52-Week Range 69.18 - 104.25
Beta 0.99
Analysts Buy
Price Target 91.80 (+20.8%)
Earnings Date Aug 4, 2022

About DLB

Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the cinema, DTV, transmissions and devices, mobile devices, OTT video and music services, and home entertainment devices. 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, an digital audio coding technology that delivers new audio e... [Read more...]

Industry Electronic Equipment, Instruments & Components
IPO Date Feb 17, 2005
Employees 2,368
Stock Exchange NYSE
Ticker Symbol DLB
Full Company Profile

Financial Performance

In 2021, DLB's revenue was $1.28 billion, an increase of 10.28% compared to the previous year's $1.16 billion. Earnings were $310.23 million, an increase of 34.09%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for DLB stock is "Buy." The 12-month stock price forecast is 91.8, which is an increase of 20.79% from the latest price.

Price Target
$91.8
(20.79% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Dolby Laboratories to Present at Upcoming Conferences

SAN FRANCISCO, May 27, 2022 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) today announced that Robert Park, Senior Vice President and Chief Financial Officer, Dolby Laboratories, will present ...

Dolby Laboratories President and CEO Kevin Yeaman to Present at the J.P. Morgan Technology, Media, and Communications...

SAN FRANCISCO, May 17, 2022 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) today announced that Kevin Yeaman, President and CEO, Dolby Laboratories, will present at the 50th Annual J.P. Morgan ...

Dolby (DLB) Earnings Surpass Estimates in Q2, Increase Y/Y

Dolby's (DLB) fiscal second-quarter results gain from strength in PC and Consumer Electronics, along with improved results for Dolby Cinemas.

Dolby Laboratories (DLB) Tops Q2 Earnings and Revenue Estimates

Dolby Laboratories (DLB) delivered earnings and revenue surprises of 12.20% and 0.51%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Dolby Laboratories Reports Second Quarter Fiscal 2022 Financial Results

SAN FRANCISCO, May 05, 2022 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) today announced the company's financial results for the second quarter of fiscal 2022. For the second quarter, Dolby r...

Dolby Laboratories Announces Dr. Shriram Revankar as SVP Advanced Technology Group

Seasoned Technologist and Industry Leader brings Decades of Leadership and Innovation to Dolby Seasoned Technologist and Industry Leader brings Decades of Leadership and Innovation to Dolby

Dolby Laboratories Announces Conference Call and Webcast for Q2 Fiscal 2022 Financial Results

SAN FRANCISCO, April 21, 2022 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) will release financial results for the second quarter (Q2) of fiscal 2022 after the close of regular trading on Thur...

Dolby's (DLB) Transcode API to Speed Up Workflow Creation

Dolby's (DLB) Transcode API is now available for businesses and developers to help accelerate the creation of high-quality, file-based video workflows for any screen.

PCRFY vs. DLB: Which Stock Should Value Investors Buy Now?

PCRFY vs. DLB: Which Stock Is the Better Value Option?

Dolby (DLB) Q1 Earnings & Revenues Lag Estimates, Down Y/Y

Supply chain constraints and lower unit volume shipments across end markets and devices as a result of the pandemic hurt Dolby's (DLB) first-quarter fiscal 2022 results.

Dolby Laboratories (DLB) Misses Q1 Earnings and Revenue Estimates

Dolby Laboratories (DLB) delivered earnings and revenue surprises of -4.72% and 3.43%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Dolby acquires low-latency streaming platform Millicast

Dolby Laboratories today announced that it has acquired Millicast, a WebRTC-based developer platform for building ultra-low-latency video streaming experiences, as it works to build out its developer pl...

Dolby acquires Millicast, the real-time, ultra-low-delay video streaming platform

The acquisition will complement the Dolby.io platform and enable customers to develop large-scale, highly-interactive online experiences. The acquisition will complement the Dolby.io platform and enable...

Dolby Laboratories Reports First Quarter Fiscal 2022 Financial Results

SAN FRANCISCO, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) today announced the company's financial results for the first quarter of fiscal 2022. For the first quarter, Dolby re...

Dolby Laboratories Announces Conference Call and Webcast for Q1 Fiscal 2022 Financial Results

SAN FRANCISCO, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) will release financial results for the first quarter (Q1) of fiscal 2022 after the close of regular trading on Thursd...

Earnings Preview: Dolby Laboratories (DLB) Q1 Earnings Expected to Decline

Dolby Laboratories (DLB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Why Is Dolby Laboratories (DLB) Up 4.8% Since Last Earnings Report?

Dolby Laboratories (DLB) reported earnings 30 days ago. What's next for the stock?

New Strong Sell Stocks for December 16th

ATHM, DLB, GFF, PSTL, and MATW have been added to the Zacks Rank #5 (Strong Sell) List on December 16, 2021

Other symbols: ATHMGFFMATWPSTL

New Strong Sell Stocks for December 14th

SNAX, ETON, AVYA, DLB, and ROCC have been added to the Zacks Rank #5 (Strong Sell) List on December 14, 2021

Other symbols: AVYAETONROCCSNAX

New Strong Sell Stocks for December 9th

AZN, DLB, GFF, WWW, and RIOT have been added to the Zacks Rank #5 (Strong Sell) List on December 9, 2021.

Other symbols: AZNGFFRIOTWWW

Dolby Appoints Tony Prophet to its Board of Directors

SAN FRANCISCO, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) announced today the appointment of Tony Prophet to its Board of Directors, effective December 6, 2021. Over the cours...

New Survey from Dolby Reveals Shifts in Music Listening Behavior Among Adults in the U.S.

Nearly 70% of Gen Z have recently discovered a song released over a decade ago for the first time.

New Strong Sell Stocks for November 30th

BJRI, DLB, NUS, TXRH, and GPS have been added to the Zacks Rank #5 (Strong Sell) List on November 30, 2021.

Other symbols: BJRIGPSNUSTXRH

New Strong Sell Stocks for November 24th

BABA, BYND, GLW, DLB, and TPB have been added to the Zacks Rank #5 (Strong Sell) List on November 24, 2021.

Other symbols: BABABYNDGLWTPB

PCRFY vs. DLB: Which Stock Is the Better Value Option?

PCRFY vs. DLB: Which Stock Is the Better Value Option?