---
title: "研究警报：CFRA 维持对杜比实验室公司股票的持有评级"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/285102314.md"
description: "CFRA 对杜比实验室维持持有评级，将其目标价下调 9 美元至 64 美元，原因是由于内存短缺导致消费电子产品面临风险。FY 26 的每股收益预期下调至 4.22 美元，FY 27 为 4.29 美元。尽管维持 FY 26 的展望，CFRA 认为 DLB 的市场可能会受到负面影响。然而，股票的估值降低反映了这些风险，移动销售在一定程度上保持了相对独立。汽车行业的长期增长为估值提供了额外支持"
datetime: "2026-05-04T17:05:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285102314.md)
  - [en](https://longbridge.com/en/news/285102314.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285102314.md)
---

# 研究警报：CFRA 维持对杜比实验室公司股票的持有评级

01:05 PM EDT, 05/04/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our price target by $9 to $64, utilizing a 15x P/E applied to our FY 26 (Sep.) EPS view, below DLB's three-year average (~20x) on risks to consumer electronics owing to the memory shortage. We lower our FY 26 EPS view by $0.06 to $4.22 and our FY 27 view by $0.02 to $4.29. DLB broadly maintained its FY 26 outlook ranges, along with expected growth rates, for each end market, which we think is optimistic given signs of a worsening memory shortage compared to earlier in the year. We expect a negative impact across each of DLB's end markets as a result, which could be realized quickly. However, we continue to think these risks are being reflected via shares' reduced valuation, while Mobile (25% of Q2 sales) remains somewhat insulated via minimum volume commitments. DLB still expects the Mobile and Broadcast end markets to grow by low single digits in FY 26. Longer-term upside from the automotive space (where partnership activity continues to grow toward ~40 OEMs) also provides some valuation support.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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