DLB Price Prediction Next Week
Analysis and Insights
Based on the analysis of news and technical indicators, here is the prediction for DLB's stock price for the next trading week:
News Impact:
- WiSA Technologies and Dolby Agreement: The new interoperability license agreement with WiSA Technologies is expected to enhance Dolby's market position and potentially drive revenue growth.
- Strong Earnings Report: Dolby exceeded earnings expectations with strong revenue growth, indicating solid financial performance.
Technical Analysis:
- Fibonacci Levels: DLB is currently near a strong support level at 81.86. The resistance levels are at 83.53, 84.56, and 86.23.
- Price Trend: The stock is expected to bounce off the support level and move towards the resistance zone.
Prediction:
- Target Price: 84.50
- Recommendation: Buy
DLB Similar Chart Price Prediction
The price of DLB is predicted to go up 29.88%, based on the high correlation periods with LCUT. The similarity of these two price pattern on the periods is 94.29%.
DLB
LCUT
Up: 29.88%Similarity: 94.29%
DLB Revenue Forecast
DLB EPS Forecast
DLB FAQs
What is DLB revenue forecast for next quarter？
The market consensus for DLB's revenue in the upcoming quarter is projected to be approximately $375.436M USD.
What is DLB eps forecast for next quarter？
DLB Analyst's Forecast
Patrick Sholl
Barrington Research
Buy
2025-02-13
Price Target
$100
Upside
+18.61%
Meeting to be held in Minneapolis on February 11 hosted by Barrington.
