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DLB

Dolby LaboratoriesC
NYSE / Software & Services
Last Price
Quote time unavailable
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Current thesis
The earnings release showed better year-over-year revenue and steady non-GAAP earnings, with FY2026 EPS guidance framed above consensus in trusted secondary coverage; the packet also shows a median analyst target of $81, implying upside if licensing adoption in auto and premium video continues.
Posture
Mixed
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta +4.1.
What can break
Automotive is a visible growth lane, but the 10-Q says long development cycles and cyclical OEM demand can delay or limit revenue realization. [#10-Q-2026-04-30]
Momentum
68
Value
61
Sentiment
60
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $60.00 · Bull $70.00 · Bear $50.00Analysis 2026-05-03; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-09 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-03 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-09-09

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-09. Definitions

Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $79.00
Why
Momentum68 · Δ7d +1.6
Value61 · Δ7d +0.0
Sentiment60 · Δ7d +4.1
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.

Confirming evidence

  • • Sentiment remains the lead driver in the composite, 7D delta +4.1.

Contradictions & invalidation

  • • Automotive is a visible growth lane, but the 10-Q says long development cycles and cyclical OEM demand can delay or limit revenue realization. [#10-Q-2026-04-30]
  • • Licensing revenue depends on device shipments, adoption by OEMs and chip makers, and management's royalty estimates; the 10-Q notes favorable and unfavorable true-up risk and continued underreporting/non-reporting risk from licensees. [#10-Q-2026-04-30]
  • • This remains a monitoring-style setup because delayed post-print analyst revision evidence is thin, the immediate market reaction was not cleanly sustained across sources, and Dolby still depends heavily on licensing volumes and royalty estimates rather than a clearly accelerating software-style recurring model.

Catalyst clock

2026-04-30

Q2 print beat with full-year EPS guide above consensus

Lead driver: Sentiment · See AI snapshot
Momentum
68
9% active weight
Current posture
7d trendImproving
Δ7d
+1.6
Δ21d
-12.1
Value
61
28% active weight
Current posture
7d trendFlat
Δ7d
+0.0
Δ21d
+1.5
Sentiment
60
62% active weight
Current posture
7d trendImproving
Δ7d
+4.1
Δ21d
-0.4
Why this grade

Composite grade C. Momentum 67.7 / Value 60.9 / Sentiment 59.9

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-05-03. Scenario method

B+
Bull case
0%
Probability
Target price
$70.00
Analysis reference price unavailable
Analysis 2026-05-03 · RankAlpha Sentiment Codex
Most likely
B
Base case
1%
Probability
Target price
$60.00
Analysis reference price unavailable
Analysis 2026-05-03 · RankAlpha Sentiment Codex
B-
Bear case
0%
Probability
Target price
$50.00
Analysis reference price unavailable
Analysis 2026-05-03 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$5.75B
Beta
0.86
Shares Out
93.67M
P/E (TTM)
24.3
P/S (TTM)
4.51
P/FCF (TTM)
20.02
Rev YoY
-3.3%
EPS YoY
-36.3%
Gross Margin
+87.6%
Op Margin
+19.3%
Net Debt
-$755.19M
Current Ratio
3.19
As of 2026-09-09 • Updated nightlySource: Internal modelMethods & Data