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MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
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Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
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Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
NASDAQ:ALGN

Align Technology (ALGN) Stock Forecast, Price & News

$298.56
-1.72 (-0.57%)
(As of 09/22/2023 ET)
Compare
Today's Range
$297.09
$303.96
50-Day Range
$298.56
$385.31
52-Week Range
$172.05
$413.20
Volume
613,640 shs
Average Volume
571,854 shs
Market Capitalization
$22.85 billion
P/E Ratio
73.36
Dividend Yield
N/A
Price Target
$380.33

Align Technology MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
27.4% Upside
$380.33 Price Target
Short Interest
Healthy
2.91% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.34
Upright™ Environmental Score
News Sentiment
1.10mentions of Align Technology in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
20.25%
From $7.21 to $8.67 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.97 out of 5 stars

Medical Sector

34th out of 965 stocks

Surgical Appliances & Supplies Industry

4th out of 19 stocks


ALGN stock logo

About Align Technology (NASDAQ:ALGN) Stock

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, compliance indicators, and compensation for tooth eruption; and Invisalign First Phase I and Invisalign First Comprehensive Phase 2 package for younger patients generally between the ages of seven and ten years, which is a mixture of primary/baby and permanent teeth. This segment's non-comprehensive products comprise Invisalign moderate, lite and express packages, and Invisalign go and Invisalign Go Plus; and non-case products that include retention products, Invisalign training, and adjusting tools used by dental professionals during the course of treatment. The Systems and Services segment offers iTero intraoral scanning system, a single hardware platform with software options for restorative or orthodontic procedures; restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons; and software for orthodontists for digital records storage, orthodontic diagnosis, and for the fabrication of printed models and retainers. This segment also provides Invisalign outcome simulator, a chair-side and cloud-based application for the iTero scanner; Invisalign progress assessment tool; and TimeLapse technology, which allows doctors or practitioners to compare a patient's historic 3D scans to the present-day scan, as well as subscription software, disposables, rentals, leases, and pay per scan services Align Technology, Inc. was incorporated in 1997 and is headquartered in Tempe, Arizona.

ALGN Price History

ALGN Stock News Headlines

Holding NVDA? Read This Now
NVDA is likely not the best buy for A.I. investors. 50-year Wall Street veteran Marc Chaikin reveals what to buy instead. Learn more here.
Align Technology Isn't Cheap Enough
Align Technology, Inc. (NASDAQ:ALGN) Short Interest Update
Align Technology (NASDAQ:ALGN) Lifted to Positive at OTR Global
Holding NVDA? Read This Now
NVDA is likely not the best buy for A.I. investors. 50-year Wall Street veteran Marc Chaikin reveals what to buy instead. Learn more here.
Align Tech (ALGN) Receives a Hold from Goldman Sachs
Align Technology To Buy Privately-held Cubicure For EUR 79 Mln
4 Analysts Have This to Say About Align Tech
See More Headlines
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ALGN Company Calendar

Last Earnings
7/26/2023
Today
9/24/2023
Next Earnings (Estimated)
10/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Surgical appliances & supplies
Sub-Industry
Health Care Supplies
Sector
Medical
Current Symbol
NASDAQ:ALGN
CUSIP
01625510
Employees
23,165
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$380.33
High Stock Price Forecast
$450.00
Low Stock Price Forecast
$225.00
Forecasted Upside/Downside
+27.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$361.57 million
Pretax Margin
14.56%

Debt

Sales & Book Value

Annual Sales
$3.73 billion
Cash Flow
$7.65 per share
Book Value
$46.10 per share

Miscellaneous

Free Float
76,044,000
Market Cap
$22.85 billion
Optionable
Optionable
Beta
1.63

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Key Executives

  • Mr. Joseph M. HoganMr. Joseph M. Hogan (Age 66)
    Pres, CEO & Director
  • Mr. John F. MoriciMr. John F. Morici (Age 56)
    CFO & Exec. VP of Global Fin.
  • Mr. Emory M. WrightMr. Emory M. Wright (Age 53)
    Exec. VP of Global Operations
    Comp: $538.01k
  • Ms. Julie Ann ColettiMs. Julie Ann Coletti (Age 54)
    Exec. VP and Chief Legal & Regulatory Officer
    Comp: $527.99k
  • Mr. Stuart HockridgeMr. Stuart Hockridge (Age 51)
    Exec. VP of Global HR
    Comp: $495.63k
  • Mr. Zelko RelicMr. Zelko Relic (Age 58)
    Exec. VP & CTO
  • Ms. Shirley Stacy
    VP of Corp. Communications & Investor Relations
  • Mr. Vamsi Mohan-Raj Pudipeddi (Age 51)
    Exec. VP, Chief Product & Marketing Officer and MD of Asia Pacific
  • Mr. Simon BeardMr. Simon Beard (Age 56)
    MD for Americas and EMEA Region & Exec. VP
  • Ms. Jennifer Olson-Wilk (Age 45)
    Exec. VP of Customer Success













ALGN Stock - Frequently Asked Questions

Should I buy or sell Align Technology stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Align Technology in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ALGN shares.
View ALGN analyst ratings
or view top-rated stocks.

What is Align Technology's stock price forecast for 2023?

9 Wall Street analysts have issued 12 month price objectives for Align Technology's shares. Their ALGN share price forecasts range from $225.00 to $450.00. On average, they predict the company's stock price to reach $380.33 in the next twelve months. This suggests a possible upside of 27.4% from the stock's current price.
View analysts price targets for ALGN
or view top-rated stocks among Wall Street analysts.

How have ALGN shares performed in 2023?

Align Technology's stock was trading at $210.90 at the beginning of the year. Since then, ALGN shares have increased by 41.6% and is now trading at $298.56.
View the best growth stocks for 2023 here
.

Are investors shorting Align Technology?

Align Technology saw a decline in short interest in August. As of August 31st, there was short interest totaling 2,080,000 shares, a decline of 8.4% from the August 15th total of 2,270,000 shares. Based on an average daily volume of 708,600 shares, the short-interest ratio is currently 2.9 days. Currently, 2.9% of the shares of the company are sold short.
View Align Technology's Short Interest
.

When is Align Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our ALGN earnings forecast
.

How were Align Technology's earnings last quarter?

Align Technology, Inc. (NASDAQ:ALGN) released its quarterly earnings results on Wednesday, July, 26th. The medical equipment provider reported $1.73 earnings per share for the quarter, topping analysts' consensus estimates of $1.64 by $0.09. The medical equipment provider had revenue of $1 billion for the quarter, compared to analysts' expectations of $985.87 million. Align Technology had a trailing twelve-month return on equity of 11.42% and a net margin of 8.40%.

What guidance has Align Technology issued on next quarter's earnings?

Align Technology updated its FY 2023 earnings guidance on Wednesday, July, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.97 billion-$3.99 billion, compared to the consensus revenue estimate of $3.94 billion.

What is Joe Hogan's approval rating as Align Technology's CEO?

346 employees have rated Align Technology Chief Executive Officer Joe Hogan on Glassdoor.com. Joe Hogan has an approval rating of 97% among the company's employees. This puts Joe Hogan in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Align Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Align Technology investors own include NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), PayPal (PYPL), Micron Technology (MU), Adobe (ADBE), Visa (V), Salesforce (CRM), Mastercard (MA) and Tesla (TSLA).

What is Align Technology's stock symbol?

Align Technology trades on the NASDAQ under the ticker symbol "ALGN."

Who are Align Technology's major shareholders?

Align Technology's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.31%), Bank Julius Baer & Co. Ltd Zurich (5.88%), State Street Corp (3.99%), Capital World Investors (2.76%), Sands Capital Management LLC (2.69%) and Geode Capital Management LLC (2.08%). Insiders that own company stock include Andrea Lynn Saia, C Raymond Larkin Jr, C Raymond Larkin, Jr, Emory Wright, George J Morrow, John Morici, Joseph M Hogan, Julie Ann Coletti, Kevin C Burns, Kevin J Dallas, Robert E Fitzgerald, Stuart A Hockridge, Thomas M Prescott, Warren S Thaler, Yuval Shaked and Zelko Relic.
View institutional ownership trends
.

How do I buy shares of Align Technology?

Shares of ALGN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Align Technology's stock price today?

One share of ALGN stock can currently be purchased for approximately $298.56.

How much money does Align Technology make?

Align Technology (NASDAQ:ALGN) has a market capitalization of $22.85 billion and generates $3.73 billion in revenue each year. The medical equipment provider earns $361.57 million in net income (profit) each year or $4.07 on an earnings per share basis.

How many employees does Align Technology have?

The company employs 23,165 workers across the globe.

Does Align Technology have any subsidiaries?
The following companies are subsidiares of Align Technology: Align Technology Switzerland GmbH, Cadent, G.L. Dental Couture, and exocad Global Holdings GmbH (“exocad”).
Read More
How can I contact Align Technology?

Align Technology's mailing address is 2820 ORCHARD PARKWAY, SAN JOSE CA, 95134. The official website for the company is www.aligntech.com. The medical equipment provider can be reached via phone at (602) 742-2000, via email at align@ethoscommunication.com, or via fax at 408-470-1010.

This page (NASDAQ:ALGN) was last updated on 9/24/2023 by MarketBeat.com Staff

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