Dolby Laboratories, Inc. (DLB)
NYSE: DLB · IEX Real-Time Price · USD
78.90
-1.90 (-2.35%)
At close: Jul 19, 2024, 4:00 PM
78.87
-0.03 (-0.04%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Dolby Laboratories Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Dolby Laboratories stock have an average target of 98.67, with a low estimate of 98 and a high estimate of 100. The average target predicts an increase of 25.06% from the current stock price of 78.90.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 7, 2024.
Analyst Ratings
The average analyst rating for DLB stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 1 | 1 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Buy Maintains $98 | Strong Buy | Maintains | $98 | +24.21% | Jun 7, 2024 |
| Barrington Research | Barrington Research | Hold → Buy Upgrades $100 | Hold → Buy | Upgrades | $100 | +26.74% | Jun 3, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $98 | Strong Buy | Maintains | $98 | +24.21% | May 3, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $98 | Strong Buy | Maintains | $98 | +24.21% | Apr 29, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $98 | Strong Buy | Reiterates | $98 | +24.21% | Jan 31, 2024 |
Financial Forecast
Revenue This Year
1.31B
from 1.30B
Increased by 0.48%
Revenue Next Year
1.38B
from 1.31B
Increased by 5.36%
EPS This Year
3.76
from 2.05
Increased by 83.28%
EPS Next Year
3.95
from 3.76
Increased by 5.02%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.4B | 1.5B | 1.5B |
| Avg | 1.3B | 1.4B | 1.5B |
| Low | 1.3B | 1.3B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.1% | 11.1% | 12.5% |
| Avg | 0.5% | 5.4% | 8.2% |
| Low | -3.7% | -0.2% | 5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.94 | 4.15 | 4.52 |
| Avg | 3.76 | 3.95 | 4.34 |
| Low | 3.60 | 3.77 | 4.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 92.1% | 10.4% | 14.4% |
| Avg | 83.3% | 5.0% | 10.1% |
| Low | 75.4% | 0.4% | 6.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.