Dolby Laboratories, Inc. (DLB)
NYSE: DLB · IEX Real-Time Price · USD
79.16
+0.35 (0.44%)
Apr 23, 2024, 4:00 PM EDT - Market closed
Dolby Laboratories Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Dolby Laboratories stock have an average target of 107, with a low estimate of 98 and a high estimate of 116. The average target predicts an increase of 35.17% from the current stock price of 79.16.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jan 31, 2024.
Analyst Ratings
The average analyst rating for DLB stock from 2 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $98 | Strong Buy | Reiterates | $98 | +23.80% | Jan 31, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $98 | Strong Buy | Reiterates | $98 | +23.80% | Dec 11, 2023 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $98 | Strong Buy | Reiterates | $98 | +23.80% | Nov 17, 2023 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $93 → $98 | Strong Buy | Maintains | $93 → $98 | +23.80% | Aug 4, 2023 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $93 | Strong Buy | Reiterates | $93 | +17.48% | Jul 28, 2023 |
Financial Forecast
Revenue This Year
1.31B
from 1.30B
Increased by 1.10%
Revenue Next Year
1.38B
from 1.31B
Increased by 4.79%
EPS This Year
3.75
from 2.05
Increased by 82.79%
EPS Next Year
3.97
from 3.75
Increased by 5.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.4B | 1.5B | 1.6B |
| Avg | 1.3B | 1.4B | 1.5B |
| Low | 1.3B | 1.3B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.2% | 11.6% | 14.6% |
| Avg | 1.1% | 4.8% | 10.2% |
| Low | -1.9% | -0.5% | 7.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.94 | 4.18 | 4.52 |
| Avg | 3.75 | 3.97 | 4.34 |
| Low | 3.56 | 3.77 | 4.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 92.1% | 11.5% | 13.8% |
| Avg | 82.8% | 5.8% | 9.5% |
| Low | 73.5% | 0.7% | 6.3% |
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.