---
title: "研究警報：CFRA 維持對杜比實驗室公司股票的持有評級"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/285102314.md"
description: "CFRA 對杜比實驗室維持持有評級，將其目標價下調 9 美元至 64 美元，原因是由於內存短缺導致消費電子產品面臨風險。FY 26 的每股收益預期下調至 4.22 美元，FY 27 為 4.29 美元。儘管維持 FY 26 的展望，CFRA 認為 DLB 的市場可能會受到負面影響。然而，股票的估值降低反映了這些風險，移動銷售在一定程度上保持了相對獨立。汽車行業的長期增長為估值提供了額外支持"
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)
---

# 研究警報：CFRA 維持對杜比實驗室公司股票的持有評級

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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