How Much Upside is Left in Dolby Laboratories (DLB)? Wall Street Analysts Think 39.04%

Group 1 - Shares of Dolby Laboratories (DLB) have gained 1% over the past four weeks, closing at $64.19, with a mean price target of $89.25 indicating a potential upside of 39% [1] - The average price targets range from a low of $68.00 to a high of $114.00, with a standard deviation of $19, suggesting variability in analyst estimates [2] - Analysts show strong agreement on DLB's ability to report better earnings, with a positive trend in earnings estimate revisions correlating with potential stock upside [4][11] Group 2 - The Zacks Consensus Estimate for DLB's current year earnings has increased by 0.6% over the last 30 days, indicating positive sentiment among analysts [12] - DLB holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, suggesting strong potential for upside [13] - While consensus price targets may not be entirely reliable, the direction they imply appears to be a good guide for potential price movement [14]