Align Technology, Inc. (ALGN)
NASDAQ: ALGN · Real-Time Price · USD
205.03
-5.83 (-2.76%)
Oct 31, 2024, 4:00 PM EDT - Market closed

Align Technology Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Align Technology stock have an average target of 267.56, with a low estimate of 197 and a high estimate of 320. The average target predicts an increase of 30.50% from the current stock price of 205.03.

Analyst Consensus: Hold
Target Low Average Median High
Price $197 $267.56 $275 $320
Change -3.92% +30.50% +34.13% +56.07%

Analyst Ratings

The average analyst rating for ALGN stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 222211
Buy 344444
Hold 322223
Sell 100000
Strong Sell 222222
Total 11101010910

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Buy
Maintains
$310$280
Buy Maintains $310$280 +36.57% Oct 24, 2024
Stifel
Stifel
Strong Buy
Maintains
$285$275
Strong Buy Maintains $285$275 +34.13% Oct 24, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$270$250
Buy Maintains $270$250 +21.93% Oct 24, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$285$275
Buy Maintains $285$275 +34.13% Oct 24, 2024
Baird
Baird
Buy
Maintains
$325$276
Buy Maintains $325$276 +34.61% Oct 24, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
4.12B
from 3.86B
Increased by 6.60%
Revenue Next Year
4.48B
from 4.12B
Increased by 8.70%
EPS This Year
9.58
from 5.81
Increased by 64.80%
EPS Next Year
10.74
from 9.58
Increased by 12.15%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
2.41B2.47B3.95B3.73B3.86B4.12B4.48B4.92B
Revenue Growth
22.39%2.71%59.90%-5.51%3.42%6.60%8.70%9.92%
EPS
5.5322.419.694.615.819.5810.7412.52
EPS Growth
12.40%305.24%-56.76%-52.43%26.03%64.80%12.15%16.54%
Forward PE
-----21.4119.0916.38
No. Analysts -----181813
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 4.3B 4.7B 5.4B
Avg 4.1B 4.5B 4.9B
Low 3.9B 4.2B 4.5B

Revenue Growth

Revenue Growth 20242025202620272028
High
10.2%
14.5%
21.5%
Avg
6.6%
8.7%
9.9%
Low
2.0%
1.9%
0.6%

EPS Forecast

EPS 20242025202620272028
High 10.08 11.52 13.61
Avg 9.58 10.74 12.52
Low 8.84 9.81 11.11

EPS Growth

EPS Growth 20242025202620272028
High
73.5%
20.3%
26.7%
Avg
64.8%
12.2%
16.5%
Low
52.1%
2.5%
3.5%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.