Align Technology, Inc. (ALGN)
NASDAQ: ALGN · Real-Time Price · USD
219.17
-6.07 (-2.69%)
At close: Nov 12, 2024, 3:56 PM
219.09
-0.08 (-0.04%)
After-hours: Nov 12, 2024, 4:00 PM EST
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 22.08% from the current stock price of 219.17.
Analyst Consensus: Hold
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 2 | 2 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 10 | 10 | 10 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Nov 4, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $310 → $280 | Buy | Maintains | $310 → $280 | +27.75% | Oct 24, 2024 |
| Stifel | Stifel | Strong Buy Maintains $285 → $275 | Strong Buy | Maintains | $285 → $275 | +25.47% | Oct 24, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $270 → $250 | Buy | Maintains | $270 → $250 | +14.07% | Oct 24, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $285 → $275 | Buy | Maintains | $285 → $275 | +25.47% | Oct 24, 2024 |
Financial Forecast
Revenue This Year
4.08B
from 3.86B
Increased by 5.72%
Revenue Next Year
4.33B
from 4.08B
Increased by 6.12%
EPS This Year
9.52
from 5.81
Increased by 63.87%
EPS Next Year
10.47
from 9.52
Increased by 9.95%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.2B | 4.7B | 5.1B | ||
| Avg | 4.1B | 4.3B | 4.7B | ||
| Low | 3.9B | 4.1B | 4.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.0% | 13.9% | 18.6% | ||
| Avg | 5.7% | 6.1% | 8.1% | ||
| Low | 1.0% | -0.5% | 0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.94 | 11.07 | 12.98 | ||
| Avg | 9.52 | 10.47 | 12.01 | ||
| Low | 9.04 | 9.72 | 10.70 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 71.0% | 16.3% | 24.0% | ||
| Avg | 63.9% | 10.0% | 14.8% | ||
| Low | 55.5% | 2.1% | 2.2% |
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.