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DLB Stock Chart & Stats
$49.86
$1.41(2.83%)
At close: 4:00 PM EDT
$49.86
$1.41(2.83%)
Day’s Range― - ―
52-Week Range$48.26 - $75.66
Previous Close$51.27
Volume1.00M
Average Volume (3M)920.53K
Market Cap
$5.51B
Enterprise Value$4.37K
Total Cash (Recent Filing)$670.05M
Total Debt (Recent Filing)$47.45M
Price to Earnings (P/E)24.7
Beta0.83
Next Earnings
Nov 12, 2026EPS Estimate
1.19Next Dividend Ex-DateN/A
Dividend Yield2.4%
Share Statistics
EPS (TTM)2.38
Shares Outstanding59,416,893
10 Day Avg. Volume794,841
30 Day Avg. Volume920,530
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$87.50Price Target Upside75.49% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)4.32
Revenue Forecast (FY)$1.42B
Bulls Say, Bears Say
Bulls Say
Licensing Business Model & Patent MoatDolby's core licensing model and extensive patent/trademark portfolio generate recurring per-unit royalties and multiyear agreements with device makers, chip vendors and content platforms. That creates durable, scalable revenue streams tied to device/content cycles and certification stickiness, supporting steady cash flow over multiple device generations.
Exceptional Gross MarginsSustained ~88% gross margins reflect the low incremental costs of a licensing/technology model. High margins provide durable operating leverage, enabling the company to fund R&D, maintain profitability through cycles, and prioritize capital returns even if top-line growth softens, bolstering long-term financial resilience.
Conservative Balance Sheet & Cash GenerationStrong recurring cash generation and minimal leverage give Dolby significant financial flexibility. Healthy TTM FCF and cash reserves support sustained dividends, accelerated buybacks, selective M&A or investment in product adoption programs, and reduce refinancing and liquidity risk over a multi-quarter horizon.
Bears Say
Revenue Decline & Growth VolatilityA sharp TTM revenue decline and only modest annual growth in recent years point to uneven demand and mix shifts. Persistent top-line volatility makes earnings and cash-flow forecasting harder, can compress reinvestment capacity, and may slow the pace of long-term margin or return expansion over the next several quarters.
Dependence On Large Deals And MVC TimingRevenue and guidance hinge in part on timing of big VDP agreements and minimum volume commitments. Reliance on a few large, back‑loaded deals creates lumpy, timing-driven revenue recognition and cash inflows, increasing execution risk and making near-term results and visibility less durable across quarters.
Exposure To Device-market CyclicalityDolby’s per-unit royalty model depends on device volumes; memory-cost driven cuts to low-end lines or weaker PC/mobile shipments directly reduce royalty pools. Prolonged weakness or cost-driven mix shifts in consumer electronics would structurally pressure revenue growth and could offset gains from premium attach rates.
DLB FAQ
What was Dolby Laboratories’s price range in the past 12 months?
Dolby Laboratories lowest stock price was $48.26 and its highest was $75.66 in the past 12 months.
What is Dolby Laboratories’s market cap?
Dolby Laboratories’s market cap is $5.51B.
When is Dolby Laboratories’s upcoming earnings report date?
Dolby Laboratories’s upcoming earnings report date is Nov 12, 2026 which is in 94 days.
How were Dolby Laboratories’s earnings last quarter?
Dolby Laboratories released its earnings results on Jul 30, 2026. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.671 by $0.019.
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 2.4%. See more information on Dolby Laboratories dividends here
What is Dolby Laboratories’s EPS estimate?
Dolby Laboratories’s EPS estimate is 1.19.
How many shares outstanding does Dolby Laboratories have?
Dolby Laboratories has 59,416,893 shares outstanding.
What happened to Dolby Laboratories’s price movement after its last earnings report?
Dolby Laboratories reported an EPS of $0.69 in its last earnings report, beating expectations of $0.671. Following the earnings report the stock price went up 13.577%.
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 (75.49% Upside)
$87.50 (75.49% Upside)
Blogger Sentiment
Neutral
DLB Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 157.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.9%
Last 30 Days ▲ 14.0%
Last 30 Days ▲ 14.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-33.24%
12-Months-Change
Fundamentals
Return on Equity
2.40%
Trailing 12-Months
Asset Growth
-1.23%
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
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a broadly positive outlook driven by strong Q4 guidance (midpoint implying ~23% YoY growth), strategic momentum in high-growth initiatives (VDP, OptiView, auto, Dolby Atmos/Vision adoption), robust margins (~90% non-GAAP gross margin), healthy cash flow ($167M) and an active capital return program (buybacks and dividend +9%). Key risks include timing-dependency of some revenue (large deals and MVCs), memory cost pressure on mobile/PC that could reduce device volumes, modest declines in foundational audio/PC, and some one-time tax and restructuring impacts. Overall, the positive strategic progress and financial strength outweigh the near-term risks and timing volatility.View all DLB earnings summariesDLB Stock 12 Month Forecast
Average Price Target
$87.50
▲(75.49% Upside)
Technical Analysis
Ownership Overview
1.62% Insiders
32.87% Mutual Funds
6.40% Other Institutional Investors
26.46% Public Companies and
Individual Investors









