# Dolby Laboratories, Inc. – Consensus ‘buy’ rating and 21.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/dolby-laboratories-inc.consensus-buy-rating-and-21.3-upside-potential/4121130160
- Published: 2023-10-20T15:09:16+01:00
- Author: Charlotte Edwards

**Dolby Laboratories, Inc.** with ticker code (DLB) have now 1 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The range between
the high target price and low target price is between 98 and 98 calculating the 
mean target price we have $98.00. Given that the stocks previous close was at $80.79
and the analysts are correct then we can expect a percentage increase in value of
21.3%. There is a 50 day moving average of $81.44 and the 200 moving average now
moves to $82.64. The market capitalization for the company is 7.69B. The current
share price for the company is: 80.41 USD

 The potential market cap would be $9,328,752,476 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 35.74, revenue per share of 13.39
and a 5.72% return on assets.

Dolby Laboratories, Inc. is a designer and manufacturer of audio and imaging hardware
and software products for the cinema, television, broadcast, and entertainment industries.
The Company’s products are used in content creation, distribution, and playback 
to enhance image and sound quality, and improve transmission and playback. It offers
a developer platform, Dolby.io, that enables developers to access its technologies
through application programming interfaces (APIs). Its products include digital 
cinema servers, playback digital film files and software, cinema processors, amplifiers,
loudspeakers, 3-D glasses and kits, broadcast hardware and software. The Company’s
technologies include Advanced Audio Coding (AAC) and High Efficiency Advanced Audio
Coding (HE-AAC) & Extended HE-AAC; Advanced Video Coding (AVC); Dolby AC-4; Dolby
Atmos; Dolby Digital; Dolby Digital Plus; Dolby TrueHD; Dolby Vision; Dolby Voice;
and High Efficiency Video Coding (HEVC).

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