Dolby Laboratories (DLB)
NYSE:DLB
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DLB Stock Chart & Stats
$64.64
-$1.11(-1.43%)
At close: 4:00 PM EST
$64.64
-$1.11(-1.43%)
Day’s Range― - ―
52-Week Range$52.45 - $77.00
Previous CloseN/A
Volume50.75K
Average Volume (3M)882.43K
Market Cap
$5.12B
Enterprise Value$4.79B
Total Cash (Recent Filing)$594.74M
Total Debt (Recent Filing)$49.69M
Price to Earnings (P/E)21.2
Beta0.84
Next Earnings
Aug 11, 2026EPS Estimate
0.67Next Dividend Ex-DateN/A
Dividend Yield2.05%
Share Statistics
EPS (TTM)2.56
Shares Outstanding60,346,214
10 Day Avg. Volume790,923
30 Day Avg. Volume882,428
Financial Highlights & Ratios
PEG Ratio-9.32
Price to Book (P/B)2.65
Price to Sales (P/S)5.14
P/FCF Ratio16.13
Enterprise Value/Market Cap0.94
Enterprise Value/Revenue3.51
Enterprise Value/Gross Profit4.01
Enterprise Value/Ebitda12.72
Forecast
1Y Price Target
$87.50Price Target Upside35.37% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)4.31
Revenue Forecast (FY)$1.41B
Bulls Say, Bears Say
Bulls Say
Very Low LeverageDolby’s extremely low leverage and large equity base provide durable financial flexibility. This conservatism supports sustained R&D, selective M&A, and continued capital returns (dividends/repurchases) through cyclical device markets, reducing refinancing and solvency risk over the next 2–6 months and beyond.
High Margins From IPDolby’s licensing-driven model yields very high gross margins that are structurally durable because of proprietary codecs/formats. Persistent margin advantage supports strong cash conversion, funds reinvestment into product/IP and enables consistent shareholder returns, insulating earnings through cycles.
Growing IP & Ecosystem AdoptionManagement expects ~15% growth in Atmos/Vision/imaging patents and rising share of licensing revenue, reflecting durable secular adoption. Broad OEM, platform and studio wins deepen network effects, strengthening long-term licensing tailwinds and recurring royalty streams across devices and content.
Bears Say
High Revenue ConcentrationRelying ~94% on licensing concentrates commercial exposure to OEM deals, MVC timing and content/platform adoption. That concentration increases sensitivity to customer SKU prioritization, memory/supply-cycle swings, and contractual timing, raising persistent volatility risk to revenue streams.
Modest Top-line GrowthRevenue growth has been modest and uneven, limiting operating-leverage upside from the high-margin model. With foundational streams flat/declining in some end markets, sustainable EPS and cash growth will depend on successful migration to newer IP and new end-market penetration.
Weakened Cash-flow MomentumA ~22% decline in TTM free cash flow and lower OCF-to-income suggest timing or working-capital pressure and reduced cash conversion. Persistent weakening would constrain discretionary investment, slow patent/product rollouts or reduce the pace of buybacks/dividends over time if not reversed.
Dolby Laboratories News
DLB FAQ
What was Dolby Laboratories’s price range in the past 12 months?
Dolby Laboratories lowest stock price was $52.45 and its highest was $77.00 in the past 12 months.
What is Dolby Laboratories’s market cap?
Dolby Laboratories’s market cap is $5.12B.
When is Dolby Laboratories’s upcoming earnings report date?
Dolby Laboratories’s upcoming earnings report date is Aug 11, 2026 which is in 61 days.
How were Dolby Laboratories’s earnings last quarter?
Dolby Laboratories released its earnings results on Apr 30, 2026. The company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.334 by $0.036.
Is Dolby Laboratories overvalued?
According to Wall Street analysts Dolby Laboratories’s price is currently Undervalued.
Does Dolby Laboratories pay dividends?
Dolby Laboratories pays a Quarterly dividend of $0.36 which represents an annual dividend yield of 2.05%. See more information on Dolby Laboratories dividends here
What is Dolby Laboratories’s EPS estimate?
Dolby Laboratories’s EPS estimate is 0.67.
How many shares outstanding does Dolby Laboratories have?
Dolby Laboratories has 60,346,214 shares outstanding.
What happened to Dolby Laboratories’s price movement after its last earnings report?
Dolby Laboratories reported an EPS of $1.37 in its last earnings report, beating expectations of $1.334. Following the earnings report the stock price went down -10.416%.
Which hedge fund is a major shareholder of Dolby Laboratories?
Currently, no hedge funds are holding shares in DLB
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Dolby Laboratories Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$87.50 (35.37% Upside)
$87.50 (35.37% Upside)
Blogger Sentiment
Bullish
DLB Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 157.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 17.6%
Last 30 Days ▲ 17.6%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-26.73%
12-Months-Change
Fundamentals
Return on Equity
9.34%
Trailing 12-Months
Asset Growth
0.63%
Trailing 12-Months
Company Description
Dolby Laboratories
Dolby Laboratories, Inc. develops pioneering audio and visual technologies designed to enhance entertainment and communication experiences across a broad spectrum of platforms. These include cinematic venues, digital television, various transmission and playback devices, mobile communications, online streaming video and music platforms, and home entertainment systems. The company is actively involved in inventing and licensing its advanced sound technologies. This portfolio features solutions like AAC & HE-AAC, a digital audio codec widely adopted for diverse media applications; AVC, a digital video codec recognized for its efficient bandwidth utilization in various media devices; Dolby AC-4, an innovative digital audio coding standard that introduces new auditory experiences to numerous playback systems; and the immersive Dolby Atmos technology, utilized in both cinemas and a wide array of consumer devices. Additional audio innovations encompass Dolby Digital, which delivers multichannel sound to various applications; Dolby Digital Plus, facilitating audio transmission for a multitude of media uses and devices; and Dolby TrueHD, a digital audio coding technology focused on media content encoding. Its imaging solutions include Dolby Vision, an advanced visual technology for film and media devices; Dolby Voice, specialized for audio conferencing; and HEVC, another digital video codec valued for its bandwidth efficiency in supporting media devices. Beyond its software and licensing activities, Dolby also designs and manufactures tangible products. This range includes digital cinema servers, professional cinema processors, amplifiers, loudspeakers, various hardware components, and video conferencing equipment. These products cater to the film, television, broadcasting, telecommunications, and broader entertainment industries. Furthermore, the corporation offers a variety of services to support theatrical and television production, spanning cinematic exhibition, broadcast operations, and home entertainment solutions. Dolby's diverse client base includes prominent film studios, content creators, post-production facilities, cinema operators, broadcasters, and video game designers. The company distributes its offerings directly to end-users, as well as through a global network of dealers and distributors. Founded in 1965, Dolby Laboratories, Inc. has its main offices located in San Francisco, California.
DLB Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong execution and secular momentum across content, devices and automotive, with revenue and EPS in line with guidance, healthy cash generation, and multiple growth initiatives (Dolby Vision 2, video distribution program, Dolby OptiView). Key growth drivers (Dolby Atmos/Vision and imaging patents) are expected to grow ~15% and constitute a large portion of licensing revenue. Near-term challenges include a 6% decline in mobile for the quarter, expected PC declines, reliance on licensing, quarter-to-quarter volatility from recoveries/MVCs, and macro/memory-price risks. Overall, the positives (broad ecosystem adoption, financial strength, product and program traction) outweigh the localized/short-term headwinds.View all DLB earnings summariesDLB Stock 12 Month Forecast
Average Price Target
$87.50
▲(35.37% Upside)
Technical Analysis
Ownership Overview
1.59% Insiders
30.86% Mutual Funds
18.31% Other Institutional Investors
18.33% Public Companies and
Individual Investors