DLB stock icon

Dolby
DLB

$78.58
2.18%

Market Cap: 7.53B

 

About: Dolby Laboratories Inc develops audio and surround sound for cinema, broadcast, home audio systems, in-car entertainment systems, DVD players, games, televisions, and personal computers. The company generates three fourths of its revenue from licensing its technology to consumer electronics manufacturers around the world. The rest of revenue comes from equipment sales to professional producers and audio engineering services.

Employees: 2,246

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 5 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

100% more call options, than puts

Call options by funds: $8.03M | Put options by funds: $4.02M

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

5% less capital invested

Capital invested by funds: $4.84B [Q4 2023] → $4.6B (-$237M) [Q1 2024]

2.73% less ownership

Funds ownership: 95.06% [Q4 2023] → 92.34% (-2.73%) [Q1 2024]

5% less funds holding

Funds holding: 421 [Q4 2023] → 402 (-19) [Q1 2024]

13% less repeat investments, than reductions

Existing positions increased: 139 | Existing positions reduced: 159

33% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 57

Research analyst outlook

5 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$98
25%
upside
Avg. target
$98
25%
upside
High target
$100
27%
upside

5 analyst ratings

positive
100%
neutral
0%
negative
0%
Rosenblatt
Steven Frankel
25%upside
$98
Buy
Maintained
7 Jun 2024
Barrington Research
James Goss
27%upside
$100
Outperform
Upgraded
3 Jun 2024
Rosenblatt
Steve Frankel
25%upside
$98
Buy
Maintained
3 May 2024
Rosenblatt
Steve Frankel
25%upside
$98
Buy
Maintained
29 Apr 2024
Rosenblatt
Steve Frankel
25%upside
$98
Buy
Reiterated
31 Jan 2024

Financial journalist opinion