Dolby Laboratories (NYSE:DLB) Releases Q2 2026 Earnings Guidance

Dolby Laboratories (NYSE:DLB) issued an update on its second quarter 2026 earnings guidance on Friday morning. The company provided EPS guidance of 1.290-1.440 for the period, compared to the consensus EPS estimate of 1.240. The company issued revenue guidance of $375.0 million-$405.0 million, compared to the consensus revenue estimate of $380.6 million. Dolby Laboratories also updated its FY 2026 guidance to 4.300-4.450 EPS.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on DLB shares. Barrington Research dropped their price target on shares of Dolby Laboratories from $95.00 to $90.00 and set an “outperform” rating on the stock in a research report on Monday. Rosenblatt Securities reissued a “buy” rating and set a $85.00 price objective on shares of Dolby Laboratories in a report on Thursday, January 22nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Dolby Laboratories in a report on Monday, December 29th. Finally, Wall Street Zen raised Dolby Laboratories from a “hold” rating to a “buy” rating in a report on Monday, January 5th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Dolby Laboratories has an average rating of “Moderate Buy” and a consensus price target of $90.75.

Dolby Laboratories Stock Up 2.8%

Shares of Dolby Laboratories stock opened at $62.89 on Friday. The business’s 50 day moving average is $65.14 and its 200-day moving average is $68.95. Dolby Laboratories has a 12-month low of $60.14 and a 12-month high of $89.66. The stock has a market cap of $6.01 billion, a P/E ratio of 23.91 and a beta of 0.88.

Dolby Laboratories (NYSE:DLB) last posted its quarterly earnings results on Tuesday, November 18th. The electronics maker reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.29. The business had revenue of $307.02 million for the quarter, compared to analysts’ expectations of $305.76 million. Dolby Laboratories had a return on equity of 11.99% and a net margin of 18.90%.The firm’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.61 EPS. Dolby Laboratories has set its FY 2026 guidance at 4.190-4.340 EPS and its Q1 2026 guidance at 0.790-0.940 EPS. On average, sell-side analysts expect that Dolby Laboratories will post 2.94 EPS for the current year.

Dolby Laboratories Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Tuesday, December 2nd were paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 2.3%. This is a boost from Dolby Laboratories’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend was Tuesday, December 2nd. Dolby Laboratories’s payout ratio is presently 54.75%.

Insider Activity

In other news, SVP John D. Couling sold 7,273 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $68.75, for a total value of $500,018.75. Following the completion of the transaction, the senior vice president directly owned 108,065 shares in the company, valued at approximately $7,429,468.75. This represents a 6.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Shriram Revankar sold 3,000 shares of the stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $65.55, for a total value of $196,650.00. Following the completion of the transaction, the senior vice president owned 67,435 shares of the company’s stock, valued at $4,420,364.25. This represents a 4.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 137,120 shares of company stock valued at $9,184,809. 37.93% of the stock is owned by insiders.

Trending Headlines about Dolby Laboratories

Here are the key news stories impacting Dolby Laboratories this week:

• Positive Sentiment: Dolby raised FY‑2026 and Q2 guidance well above prior Street expectations — management now targets FY EPS roughly in the mid‑$4s and Q2 EPS of $1.29–$1.44, with revenue ranges above consensus. This is the main bullish catalyst supporting upside conviction. PR Newswire: Dolby Laboratories Reports First Quarter 2026 Financial Results
• Positive Sentiment: Q1 results beat headline estimates: revenue ~$346.7M and EPS $1.06 topped consensus, showing resilience in top‑line and headline profitability versus forecasts. Beating the print supported management’s confidence in the outlook. MarketBeat: Q1 results summary
• Positive Sentiment: Street reaction includes at least one analyst upgrade and commentary that Dolby’s valuation looks more attractive after the quarter, which can support positive analyst momentum and higher price targets. Seeking Alpha: Rating upgrade
• Neutral Sentiment: Management commentary and the earnings‑call transcript highlight confidence in content partnerships and product roadmaps; investors can review the call transcript/highlights for detail on customer wins, product mix and margin cadence. Yahoo Finance: Q1 highlights
• Negative Sentiment: Third‑party coverage flagged weaker operating profitability and cash‑flow metrics in the quarter (lower operating profit, declining operating cash flow in certain reports), which prompted some short‑term selling after the release. That mixed internal sizing of growth vs. margin pressure is weighing on the stock. QuiverQuant: Mixed metrics & stock reaction
• Negative Sentiment: Earlier analyst downgrades and a recent one‑year low callout have kept downward pressure on sentiment; investors sensitive to near‑term multiples or margin volatility may remain cautious. American Banking News: 1‑year low on downgrade

Institutional Trading of Dolby Laboratories

A number of large investors have recently bought and sold shares of DLB. State Street Corp grew its holdings in Dolby Laboratories by 8.7% in the second quarter. State Street Corp now owns 2,261,059 shares of the electronics maker’s stock worth $167,906,000 after purchasing an additional 180,072 shares during the period. AQR Capital Management LLC raised its holdings in shares of Dolby Laboratories by 51.8% in the second quarter. AQR Capital Management LLC now owns 1,736,260 shares of the electronics maker’s stock valued at $128,935,000 after purchasing an additional 592,282 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Dolby Laboratories by 8.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,149,927 shares of the electronics maker’s stock valued at $83,220,000 after buying an additional 87,202 shares during the last quarter. Squarepoint Ops LLC increased its position in shares of Dolby Laboratories by 37.2% during the third quarter. Squarepoint Ops LLC now owns 516,700 shares of the electronics maker’s stock valued at $37,394,000 after acquiring an additional 140,201 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Dolby Laboratories by 3.1% in the 3rd quarter. Bank of America Corp DE now owns 511,891 shares of the electronics maker’s stock worth $37,046,000 after buying an additional 15,237 shares during the last quarter. 58.56% of the stock is currently owned by institutional investors and hedge funds.

About Dolby Laboratories

Dolby Laboratories, Inc is a global leader in audio and imaging technologies, specializing in the development, licensing and deployment of solutions that enhance entertainment and communications experiences. The company’s core business revolves around creating advanced audio codecs, noise reduction systems and spatial sound technologies for a wide range of applications, including cinema, broadcast, gaming, streaming and personal devices. Dolby’s licensing model enables consumer electronics manufacturers, content creators and service providers to integrate its technologies into products such as televisions, smartphones, home theater systems and set-top boxes.

Among its flagship innovations are Dolby Atmos, an immersive audio format that delivers three-dimensional soundscapes for theaters and home systems; Dolby Digital and Dolby Digital Plus, widely adopted audio compression formats for broadcast and streaming; and Dolby Vision, a high-dynamic-range imaging technology that expands color, contrast and brightness in displays.