Align Technology, Inc. (ALGN)

NASDAQ: ALGN · IEX Real-Time Price · USD
274.00
-2.67 (-0.97%)
At close: Dec 29, 2023, 4:00 PM
273.91
-0.09 (-0.03%)
After-hours: Dec 29, 2023, 7:59 PM EST
-0.97%
Market Cap 20.99B
Revenue (ttm) 3.81B
Net Income (ttm) 362.81M
Shares Out 76.59M
EPS (ttm) 4.72
PE Ratio 58.05
Forward PE 30.16
Dividend n/a
Ex-Dividend Date n/a
Volume 614,212
Open 275.13
Previous Close 276.67
Day's Range 272.99 - 278.00
52-Week Range 176.34 - 413.20
Beta 1.59
Analysts Buy
Price Target 304.30 (+11.06%)
Earnings Date Jan 31, 2024

About ALGN

Align Technology, Inc. designs, manufactures, and markets Invisalign clear aligners, and iTero intraoral scanners and services for orthodontists and general practitioner dentists in the United States, Switzerland, China, and internationally. It operates in two segments, Clear Aligner; and Imaging Systems and CAD/CAM Services (Systems and Services). The Clear Aligner segment offers comprehensive products, including Invisalign comprehensive package that addresses the orthodontic needs of teenage patients, such as mandibular advancement, complianc... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 1997
Employees 23,165
Stock Exchange NASDAQ
Ticker Symbol ALGN
Full Company Profile

Financial Performance

In 2022, ALGN's revenue was $3.73 billion, a decrease of -5.51% compared to the previous year's $3.95 billion. Earnings were $361.57 million, a decrease of -53.17%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for ALGN stock is "Buy." The 12-month stock price forecast is $304.3, which is an increase of 11.06% from the latest price.

Price Target
$304.3
(11.06% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Align Technology: Protected by more factors than any other stock

Because the past few months in the stock market have been a wild emotional roller coaster, most investors are now looking for the most logical and fundamental reasons to justify investing in any secto...

5 days ago - MarketBeat

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Align Technology, Inc. - ALGN

NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Align Technology, Inc. ("Align" or the "Company") (NASDAQ: ALGN). Such investors are advised to...

13 days ago - PRNewsWire

Align Technology Receives US FDA 510(k) Clearance for the Invisalign® Palatal Expander System to Address Skeletal and Dental Expansion in Growing Patients, Including Teenage Patients Which Represent the Majority of Orthodontic Case Starts Globally

SAN JOSE, Calif. & TEMPE, Ariz.--(BUSINESS WIRE)--Align Technology, Inc. (“Align”) (Nasdaq: ALGN), a leading global medical device company that designs, manufactures, and sells the Invisalign® System ...

13 days ago - Business Wire

Health Canada Issues Updated Medical Device License to Align Technology For the Invisalign® Palatal Expander System to Address Skeletal and Dental Expansion

TORONTO & TEMPE, Ariz.--(BUSINESS WIRE)--Align Technology, Inc. (“Align”) (Nasdaq: ALGN) a leading global medical device company that designs, manufactures, and sells the Invisalign® System of clear a...

18 days ago - Business Wire

Mojdeh Poul and Kevin Conroy Join Align Technology Board of Directors

TEMPE, Ariz. & SAN JOSE, Calif. & MADISON, Wis.--(BUSINESS WIRE)--Align Technology, Inc. (NASDAQ: ALGN) today announced that its Board of Directors has appointed Mojdeh Poul, former EVP and Group Pres...

26 days ago - Business Wire

10 ‘better values' in the stock market, selected for the next two years

Since market valuations are always changing, along with outlooks for corporate revenue and earnings, any list of favored stocks is only a snapshot. Repeating the same analysis in the near term might l...

6 weeks ago - Market Watch

Bargain alert: 3 large caps with RSIs that scream oversold

Everyone likes to feel like they're getting a bargain when buying something. It's no different when it comes to buying stocks.

Other symbols: ACIPAYC
6 weeks ago - MarketBeat

Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Align Technology, Inc. (ALGN)

NEW YORK--(BUSINESS WIRE)---- $ALGN #classactionlawsuit--The law firm of Kirby McInerney LLP is investigating potential claims against Align Technology, Inc. (“Align Technology” or the “Company”) (NAS...

7 weeks ago - Business Wire

Amazon, Nvidia, and 7 Other Stocks for Falling Bond Yields

When the 10-year sinks that's wehen growth names flourish. And it books like yields will keep falling.

7 weeks ago - Barrons

Align Technology Opens 2024 Annual Research Program to Advance Orthodontic and Dental Patient Care

TEMPE, Ariz.--(BUSINESS WIRE)--Align Technology, Inc. (NASDAQ: ALGN) today announced the opening of its 2024 Annual Research Award Program to support clinical and scientific dental research in univers...

7 weeks ago - Business Wire

Align Technology to buy back $100 million of its common stock

Align Technology Inc. ALGN, +2.66% said Monday it's planning to buy back $100 million of its common stock under it's $1.0 billion stock repurchase program. The move is in addition to the $250 million ...

7 weeks ago - Market Watch

Align Technology Announces $100 Million Open Market Repurchase

TEMPE, Ariz.--(BUSINESS WIRE)--Align Technology, Inc. (“Align”) (Nasdaq: ALGN) a leading global medical device company that designs, manufactures, and sells the Invisalign® system of clear aligners, i...

7 weeks ago - Business Wire

Align Technology to Speak at Upcoming Financial Conferences

TEMPE, Ariz.--(BUSINESS WIRE)--Align Technology, Inc. (Nasdaq: ALGN), a leading global medical device company that designs, manufactures, and sells the Invisalign® System of clear aligners, iTero™ int...

2 months ago - Business Wire

Invisalign maker Align Technology's stock bounces, as $250 million ASR announced following a 25% price plunge

Shares of Align Technology Inc. ALGN, -24.88% bounced 1% off a more than 10-month low in premarket trading Friday, after the maker of Invisalign orthodontic products announced a $250 million accelerat...

2 months ago - Market Watch

Align Technology Announces $250 Million Accelerated Stock Repurchase Agreement

TEMPE, Ariz.--(BUSINESS WIRE)--Align Technology, Inc. (“Align”) (Nasdaq: ALGN), a leading global medical device company that designs, manufactures, and sells the Invisalign® system of clear aligners, ...

2 months ago - Business Wire

3-Stock Lunch: UPS, KDP & ALGN

Victoria Greene, G Squared chief investment officer, joins ‘Power Lunch' to discuss three stocks: UPS, Keurig and Align Technology.

Other symbols: UPSKDP
2 months ago - CNBC Television

Invisalign maker's stock craters after soft earnings, but analysts still say it's a buy

Align Technology Inc.'s stock cratered more than 22% on Thursday to lead S&P 500 decliners, after the maker of Invisalign orthodontic aligners posted weaker-than-expected third-quarter earnings.

2 months ago - Market Watch

Align Technology Stock Falls 24%. It Slashes Guidance as Dental Demand Deteriorates.

The invisible braces company also misses third-quarter earnings expectations.

2 months ago - Barrons

Consumers are cutting back on dental visits, and that's hammering this stock

People are cutting back on dental and orthodontic visits, and that's weighing heavily on shares of Align Technology Inc. in Wednesday's extended session.

2 months ago - Market Watch

Align Technology Announces Third Quarter 2023 Financial Results

TEMPE, Ariz.--(BUSINESS WIRE)--Align Technology, Inc. (Nasdaq: ALGN), a leading global medical device company that designs, manufactures, and sells the Invisalign® System of clear aligners, iTero™ int...

2 months ago - Business Wire

Align Technology to Announce Third Quarter 2023 Results on October 25, 2023

TEMPE, Ariz.--(BUSINESS WIRE)--Align Technology, Inc. (Nasdaq: ALGN) a leading global medical device company that designs, manufactures, and sells the Invisalign® System of clear aligners, iTero™ intr...

3 months ago - Business Wire

Will Align Technology (ALGN) Stock Rebound To Its Pre-Inflation Shock Level Of Over $700?

ALGN stock was trading at around $237 in early June 2022, just before the Fed started increasing rates, and is now 26% above that level, compared to 13% gains for the

3 months ago - Forbes

Align Technology Connects With Over 1,000 Doctors and Practice Staff at the 2023 Invisalign™ GP Summit Where Leaders in Digital Orthodontics and Restorative Dentistry Share Best Practices for Leading Transformation in Dentistry

LAS VEGAS & SAN JOSE, Calif. & TEMPE, Ariz.--(BUSINESS WIRE)--Align Technology, Inc. (“Align”) (Nasdaq: ALGN) a leading global medical device company that designs, manufactures, and sells the Invisali...

3 months ago - Business Wire

Align Technology Launches Customer Education and Training Center in Toronto, Canada

TORONTO & LAS VEGAS & SAN JOSE, Calif. & TEMPE, Ariz.--(BUSINESS WIRE)--Align Technology, Inc. (“Align”) (Nasdaq: ALGN) a leading global medical device company that designs, manufactures, and sells th...

4 months ago - Business Wire

Align Technology Introduces the Invisalign® Palatal Expander System to Address Skeletal Expansion in Growing Patients, Including Teenage Patients Which Represent the Majority of Orthodontic Case Starts Globally

TORONTO & LAS VEGAS & SAN JOSE, Calif. & TEMPE, Ariz.--(BUSINESS WIRE)--Align Technology, Inc. (“Align”) (Nasdaq: ALGN), a leading global medical device company that designs, manufactures, and sells t...

4 months ago - Business Wire