# Dolby Laboratories, Inc.  Share Price Target ‘$99.00’, now 23.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/dolby-laboratories-inc.share-price-target-99.00-now-23.8-upside-potential/4121163814
- Published: 2024-07-05T15:21:13+01:00
- Author: Charlotte Edwards

**Dolby Laboratories, Inc.** which can be found using ticker (DLB) now have 2 analysts
in total covering the stock. The consensus rating is pointing to ‘buy’. The target
price High/Low ranges between $100.00 and $98.00 calculating the mean target share
price we have $99.00. (at the time of writing). Now with the previous closing price
of $80.00 and the analysts are correct then we can expect a percentage increase 
in value of 23.8%. There is a 50 day moving average of $80.28 and the 200 day MA
is $82.35. The market capitalization for the company is 7.64B. The stock price for
the company is currently $79.77 USD

 The potential market cap would be $9,460,427,328 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 41.12, revenue per share of $13.27
and a 5.07% 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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