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Dolby Laboratories NYSE:DLB Stock Report

Last Price

US$83.73

Market Cap

US$8.4b

7D

5.0%

1Y

4.3%

Updated

31 Jan, 2025

Data

Company Financials +

Dolby Laboratories, Inc.

NYSE:DLB Stock Report

Market Cap: US$8.4b

DLB Stock Overview

Engages in the design and manufacture of audio, imaging, accessibility, and other hardware and software solutions primarily for application in the television, broadcast, and live entertainment industries in the United States and internationally. More details

DLB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends5/6

Rewards

Trading at 37.6% below our estimate of its fair value

Earnings grew by 39.3% over the past year

Pays a reliable dividend of 1.58%

Risk Analysis

Earnings have declined by 3.6% per year over past 5 years

Significant insider selling over the past 3 months


Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 2 Analysts

Acquisition Of THEO And Automotive Partnerships Will Strengthen Future Audio Offerings

Key Takeaways The expansion of Dolby Atmos and Dolby Vision across multiple sectors suggests promising growth and diversified revenue streams. The acquisition of THEO and new licensing deals are poised to enhance offerings and improve earnings and margins.
View narrative
US$100.00
FV
16.3% undervalued intrinsic discount
6.11%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
2users have followed this narrative
2 days ago author updated this narrative

My Notes

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Dolby Laboratories, Inc. Competitors

Commvault Systems

NasdaqGS:CVLT

US$6.9b

Qualys

NasdaqGS:QLYS

US$5.1b

Teradata

NYSE:TDC

US$3.1b

Gen Digital

NasdaqGS:GEN

US$17.2b

Price History & Performance

Summary of share price highs, lows and changes for Dolby Laboratories
Historical stock prices
Current Share PriceUS$83.73
52 Week HighUS$89.66
52 Week LowUS$66.35
Beta0.97
1 Month Change7.21%
3 Month Change13.69%
1 Year Change4.32%
3 Year Change10.37%
5 Year Change18.26%
Change since IPO244.57%

Recent News & Updates

Are Investors Undervaluing Dolby Laboratories, Inc. (NYSE:DLB) By 38%?

Jan 26
Are Investors Undervaluing Dolby Laboratories, Inc. (NYSE:DLB) By 38%?

Recent updates

Are Investors Undervaluing Dolby Laboratories, Inc. (NYSE:DLB) By 38%?

Jan 26
Are Investors Undervaluing Dolby Laboratories, Inc. (NYSE:DLB) By 38%?

Should You Investigate Dolby Laboratories, Inc. (NYSE:DLB) At US$78.28?

Dec 26
Should You Investigate Dolby Laboratories, Inc. (NYSE:DLB) At US$78.28?

Dolby Laboratories, Inc.'s (NYSE:DLB) Share Price Not Quite Adding Up

Dec 10
Dolby Laboratories, Inc.'s (NYSE:DLB) Share Price Not Quite Adding Up

Dolby Laboratories: Picture Improved, But Still A Bit Too Expensive

Nov 22

Dolby Laboratories (NYSE:DLB) Hasn't Managed To Accelerate Its Returns

Oct 28
Dolby Laboratories (NYSE:DLB) Hasn't Managed To Accelerate Its Returns

Is There Now An Opportunity In Dolby Laboratories, Inc. (NYSE:DLB)?

Sep 22
Is There Now An Opportunity In Dolby Laboratories, Inc. (NYSE:DLB)?

Dolby Laboratories: Need To See Improvements In Sales Before Committing Capital

Aug 22

Dolby Laboratories, Inc.'s (NYSE:DLB) Share Price Matching Investor Opinion

Aug 13
Dolby Laboratories, Inc.'s (NYSE:DLB) Share Price Matching Investor Opinion

We Like These Underlying Return On Capital Trends At Dolby Laboratories (NYSE:DLB)

Jul 26
We Like These Underlying Return On Capital Trends At Dolby Laboratories (NYSE:DLB)

Dolby Laboratories: A Sound Player, Trading At A Too-Rich Valuation

Jun 10

Should You Think About Buying Dolby Laboratories, Inc. (NYSE:DLB) Now?

Jun 07
Should You Think About Buying Dolby Laboratories, Inc. (NYSE:DLB) Now?

Dolby Laboratories Remains A Hold

May 14

Dolby Laboratories, Inc. (NYSE:DLB) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

May 05
Dolby Laboratories, Inc. (NYSE:DLB) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

Dolby Laboratories, Inc.'s (NYSE:DLB) Earnings Haven't Escaped The Attention Of Investors

May 02
Dolby Laboratories, Inc.'s (NYSE:DLB) Earnings Haven't Escaped The Attention Of Investors

Investors Will Want Dolby Laboratories' (NYSE:DLB) Growth In ROCE To Persist

Apr 16
Investors Will Want Dolby Laboratories' (NYSE:DLB) Growth In ROCE To Persist

Dolby Laboratories, Inc. (NYSE:DLB) Shares Could Be 26% Below Their Intrinsic Value Estimate

Mar 17
Dolby Laboratories, Inc. (NYSE:DLB) Shares Could Be 26% Below Their Intrinsic Value Estimate

Dolby Laboratories Sees Flat Revenue Ahead (Downgrade)

Mar 01

Dolby Laboratories' (NYSE:DLB) Earnings Offer More Than Meets The Eye

Feb 09
Dolby Laboratories' (NYSE:DLB) Earnings Offer More Than Meets The Eye

Dolby Laboratories: On A Positive Hold As Shareholder Rewards Continue

Dec 06

Dolby Laboratories: High P/E Is Not Justified, A Hold For Now

Sep 13

Dolby Laboratories Sees Return To Growth Ahead

Jun 22

Shareholder Returns

DLBUS SoftwareUS Market
7D5.0%-4.2%-0.5%
1Y4.3%12.5%24.3%

Return vs Industry: DLB underperformed the US Software industry which returned 12.5% over the past year.

Return vs Market: DLB underperformed the US Market which returned 24.3% over the past year.

Price Volatility

Is DLB's price volatile compared to industry and market?
DLB volatility
DLB Average Weekly Movement5.7%
Software Industry Average Movement8.2%
Market Average Movement6.5%
10% most volatile stocks in US Market18.8%
10% least volatile stocks in US Market3.3%

Stable Share Price: DLB has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: DLB's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19652,080Kevin Yeamanwww.dolby.com

Dolby Laboratories, Inc. engages in the design and manufacture of audio, imaging, accessibility, and other hardware and software solutions primarily for application in the television, broadcast, and live entertainment industries in the United States and internationally. The company develops and licenses its audio technologies, such as AAC, HE-AAC, and extended HE-AAC, a digital audio codec solution; AVC, a digital video codec used in STBs, mobile devices, cameras, and broadcast television services and other products; and Dolby Atmos and Dolby Vision include encoding technologies that artists use to create more compelling and immersive audio and video experiences. Its audio technologies also include DD+, an advanced surround sound audio codec technology; Dolby AC-4, an audio codec that uses cutting edge compression; and HEVC, a next-generation digital video codec that compresses video.

Dolby Laboratories, Inc. Fundamentals Summary

How do Dolby Laboratories's earnings and revenue compare to its market cap?
DLB fundamental statistics
Market capUS$8.42b
Earnings (TTM)US$262.67m
Revenue (TTM)US$1.32b

30.7x

P/E Ratio

6.1x

P/S Ratio

Is DLB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DLB income statement (TTM)
RevenueUS$1.32b
Cost of RevenueUS$149.21m
Gross ProfitUS$1.17b
Other ExpensesUS$903.27m
EarningsUS$262.67m

Last Reported Earnings

Dec 27, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.73
Gross Margin88.65%
Net Profit Margin19.97%
Debt/Equity Ratio0%

How did DLB perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

46%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 22:39
End of Day Share Price 2025/01/31 00:00
Earnings2024/12/27
Annual Earnings2024/09/27

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Dolby Laboratories, Inc. is covered by 22 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John BrightAvondale Partners
Ishan MajumdarBaptista Research
Gary PrestopinoBarrington Research Associates, Inc.