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Dolby Laboratories (DLB)

Upturn stock ratingUpturn stock rating
$74.26
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

06/30/2025: DLB (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

4 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $102.33

1 Year Target Price $102.33

Analysts Price Target For last 52 week
$102.33Target price
Low$65.27
Current$74.26
high$88.93

Analysis of Past Performance

Type Stock
Historic Profit -31.95%
Avg. Invested days 31
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 7.11B USD
Price to earnings Ratio 28.05
1Y Target Price 102.33
Price to earnings Ratio 28.05
1Y Target Price 102.33
Volume (30-day avg) 4
Beta 0.92
52 Weeks Range 65.27 - 88.93
Updated Date 06/29/2025
52 Weeks Range 65.27 - 88.93
Updated Date 06/29/2025
Dividends yield (FY) 1.78%
Basic EPS (TTM) 2.64

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 19.44%
Operating Margin (TTM) 30.3%

Management Effectiveness

Return on Assets (TTM) 5.64%
Return on Equity (TTM) 10.31%

Valuation

Trailing PE 28.05
Forward PE 18.28
Enterprise Value 6527581221
Price to Sales(TTM) 5.39
Enterprise Value 6527581221
Price to Sales(TTM) 5.39
Enterprise Value to Revenue 4.94
Enterprise Value to EBITDA 17.26
Shares Outstanding 61405600
Shares Floating 60552440
Shares Outstanding 61405600
Shares Floating 60552440
Percent Insiders 1.36
Percent Institutions 95.65

Analyst Ratings

Rating 2
Target Price 102.33
Buy 2
Strong Buy 2
Buy 2
Strong Buy 2
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Dolby Laboratories

stock logo

Company Overview

overview logo History and Background

Dolby Laboratories was founded in 1965 by Ray Dolby. It initially focused on noise reduction technologies for audio recording. Over time, it expanded into surround sound, digital cinema, and more, becoming a leader in audio and imaging technologies.

business area logo Core Business Areas

  • Licensing: Dolby licenses its audio and imaging technologies to manufacturers of consumer electronics, PCs, mobile devices, and cinema equipment. Revenue is generated through royalty payments.
  • Products and Services: Dolby sells products and services, including Dolby Cinema installations, Dolby Vision mastering tools, and professional audio equipment for broadcast and cinema.

leadership logo Leadership and Structure

Dolby Laboratories is led by Kevin Yeaman (President & CEO). The organizational structure is based on functional areas such as engineering, licensing, sales, marketing, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Dolby Atmos: An immersive audio technology used in cinemas, home theaters, and mobile devices. It creates a three-dimensional sound experience. Competitors include DTS:X. Market share varies by segment, but Dolby Atmos is a leading format in theatrical and home entertainment.
  • Dolby Vision: A high dynamic range (HDR) video technology that enhances picture quality on TVs and other displays. It delivers brighter highlights, deeper blacks, and a wider range of colors. Competitors include HDR10+. Dolby Vision is considered a premium HDR format.
  • Dolby Cinema: A premium cinema experience that combines Dolby Vision and Dolby Atmos. The system is designed for a best-in-class cinema environment, that includes a special theatre configuration. Competitors include IMAX.

Market Dynamics

industry overview logo Industry Overview

The audio and imaging technology industry is driven by demand for higher-quality entertainment experiences. Key trends include the growth of streaming services, the adoption of HDR video, and the increasing popularity of immersive audio.

Positioning

Dolby Laboratories is a leading innovator in audio and imaging technologies. Its competitive advantages include its strong brand reputation, extensive patent portfolio, and partnerships with leading entertainment companies and device manufacturers.

Total Addressable Market (TAM)

The total addressable market for audio and imaging technologies is estimated to be in the tens of billions of dollars annually. Dolby is positioned to capture a significant portion of this TAM through its licensing model and product offerings.

Upturn SWOT Analysis

Strengths

  • Strong brand reputation
  • Extensive patent portfolio
  • Established relationships with industry partners
  • High profit margins
  • Innovative technology

Weaknesses

  • Dependence on licensing revenue
  • Susceptibility to piracy and counterfeiting
  • Exposure to economic downturns
  • Limited direct-to-consumer presence
  • Slow product refresh

Opportunities

  • Expansion into new markets (e.g., virtual reality, gaming)
  • Development of new audio and imaging technologies
  • Growth of streaming services and digital entertainment
  • Partnerships with automotive manufacturers
  • Adoption of Dolby technologies in emerging markets

Threats

  • Competition from other audio and imaging technology companies
  • Economic downturns affecting consumer spending
  • Technological obsolescence
  • Piracy and counterfeiting of Dolby technologies
  • Changing consumer preferences

Competitors and Market Share

competitor logo Key Competitors

  • DTS (XPER)
  • IMAX
  • ROVI (TiVo)

Competitive Landscape

Dolby Laboratories holds a strong position due to its brand and patents. However, competitors like DTS offer alternative technologies, and IMAX provides premium cinema experiences.

Major Acquisitions

Millicast

  • Year: 2020
  • Acquisition Price (USD millions): 0
  • Strategic Rationale: Millicast enhances Dolby's real-time streaming capabilities, enabling low-latency, high-quality audio and video for interactive experiences.

Growth Trajectory and Initiatives

Historical Growth: Dolby Laboratories has experienced moderate revenue growth in recent years, driven by the adoption of its technologies in new markets and applications.

Future Projections: Analysts expect Dolby Laboratories to continue to grow at a moderate pace in the coming years, driven by the growth of streaming services and the adoption of its technologies in emerging markets.

Recent Initiatives: Recent initiatives include the expansion of Dolby Cinema partnerships, the development of new audio and imaging technologies, and the focus on partnerships with gaming companies.

Summary

Dolby Laboratories has a strong competitive advantage through its brand, patents, and innovation. Despite economic cyclicality and piracy issues, the company has robust financial performance, driven by licensing revenue. Dolby faces competition but holds a substantial position through partnerships and quality experiences. With new initiatives and expanding markets, the company has a stable outlook overall.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (10K, 10Q), Analyst Reports, Industry Publications, Dolby Investor Relations

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Market conditions and company performance can change rapidly. The AI rating is based on available data and may not predict future results.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Dolby Laboratories

Exchange NYSE
Headquaters San Francisco, CA, United States
IPO Launch date 2005-02-17
President, CEO & Director Mr. Kevin J. Yeaman
Sector Industrials
Industry Specialty Business Services
Full time employees 2080
Full time employees 2080

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. In addition, the company offers Dolby Cinemas, a premium large format cinemas that deliver a Dolby branded premium cinema offering with Dolby Vision, Dolby Atmos, and a Dolby theater design; Dolby.io, a next generation SaaS product of immersive, interactive, and social experiences with real-time engagement for live events, especially sports; and digital cinema servers, cinema processors, amplifiers, loudspeakers, and audio and imaging hardware and software products for the cinema, television, broadcast, communication, and entertainment industries. Further, it provides various services to support theatrical and television production for cinema exhibition, broadcast, and home entertainment. The company serves film studios, content creators, post-production facilities, and broadcasters. Dolby Laboratories, Inc. was founded in 1965 and is headquartered in San Francisco, California.