Dolby Laboratories (NYSE:DLB) Sets New 52-Week Low - Here's What Happened

Market Beat
2026.05.19 19:31
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Dolby Laboratories (NYSE:DLB) shares hit a new 52-week low at $53.20, closing at $53.5250. Analysts have mixed ratings, with a consensus 'Moderate Buy' and a price target of $90.75. The company reported Q2 earnings of $1.37 per share, exceeding estimates, and announced a quarterly dividend of $0.36. Insiders sold shares recently, and institutional investors have adjusted their holdings significantly.