Align Technology, Inc. (ALGN)

NASDAQ: ALGN · IEX Real-Time Price · USD
239.74
+1.10 (0.46%)
At close: Jul 2, 2024, 4:00 PM
239.73
-0.01 (0.00%)
After-hours: Jul 2, 2024, 7:56 PM EDT
0.46%
Market Cap 18.05B
Revenue (ttm) 3.92B
Net Income (ttm) 462.28M
Shares Out 75.28M
EPS (ttm) 6.06
PE Ratio 39.56
Forward PE 24.39
Dividend n/a
Ex-Dividend Date n/a
Volume 458,618
Open 238.57
Previous Close 238.64
Day's Range 236.40 - 241.77
52-Week Range 176.34 - 413.20
Beta 1.62
Analysts Buy
Price Target 340.56 (+42.05%)
Earnings Date Jul 24, 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, and internationally. The company's Clear Aligner segment offers comprehensive products, including Invisalign comprehensive package that addresses the orthodontic needs of younger patients, such as mandibular advancement, compliance indicators, and compensation for tooth eruption; and Invisalign First Phase I and Invisalign First Compr... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 1997
Employees 21,610
Stock Exchange NASDAQ
Ticker Symbol ALGN
Full Company Profile

Financial Performance

In 2023, ALGN's revenue was $3.86 billion, an increase of 3.42% compared to the previous year's $3.73 billion. Earnings were $445.05 million, an increase of 23.09%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for ALGN stock is "Buy." The 12-month stock price forecast is $340.56, which is an increase of 42.05% from the latest price.

Price Target
$340.56
(42.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Align Technology to Announce Second Quarter 2024 Results on July 24, 2024

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...

11 hours ago - Business Wire

Hedgeye adds Align Technology stock to its list of short ideas

Align Technology Inc (NASDAQ: ALGN) is keeping in the green at writing even after Hedgeye named it a new short idea on Friday.  Shares of the 3D digital scanners company are down more than 20% versus ...

4 days ago - Invezz

Align Technology Awards Funding to Universities Worldwide for Advancing Orthodontic and Dental Research

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...

4 weeks ago - Business Wire

Align Technology Appoints Emory Wright, EVP Direct Fabrication Manufacturing Platform to Build the Company's Next Generation Manufacturing Operations -- Wright Plans to Retire in 2026

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

5 weeks ago - Business Wire

Align Technology to Speak at Upcoming Financial Conferences

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 Announces $150 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...

2 months ago - Business Wire

Align Tech lifts annual sales forecast as teeth aligners power quarterly beat

Align Technology on Wednesday raised its annual revenue growth forecast after topping Wall Street estimates for first-quarter profit, banking on resilient demand for its clear teeth aligners among tee...

2 months ago - Reuters

Align Technology Announces First Quarter 2024 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 Launches Integrated Consumer Campaign and #Invisisforkids to Drive Awareness of How the Invisalign® Palatal Expander System Is a Better Option for Expanding a Child's Narrow Palate to Make Room for Adult Teeth

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

3 months ago - Business Wire

Invisalign® Palatal Expander System by Align Technology Now Available in Australia and New Zealand for Skeletal and Dental Expansion in Growing Patients

SYDNEY--(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, iTero™ ...

3 months ago - Business Wire

Align Technology to Announce First Quarter 2024 Results on April 24, 2024

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

U.S. District Court for Northern District of California Grants Summary Judgment in Favor of Align Technology in Two Antitrust Class Action Lawsuits

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...

4 months ago - Business Wire

Align Technology shares jump after upbeat first-quarter revenue forecast

Align Technology forecast first-quarter revenue above Wall Street estimates on Wednesday, aided by increased demand for its clear teeth aligners, sending its shares up 10% in extended trading.

5 months ago - Reuters

Shares of Invisalign maker Align Technology rally on forecast

Shares of Align Technology Inc. ALGN, +0.97% jumped 14.1% after hours on Wednesday after the company, best known for its Invisalign teeth-alignment system, forecast first-quarter and full-year sales t...

5 months ago - Market Watch

Align Technology Among Top 300 Worldwide Organizations Granted U.S. Patents in 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™ int...

5 months ago - Business Wire

Align Technology Announces Fourth Quarter and Fiscal 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...

5 months ago - Business Wire

Align Technology Announces New iTero Lumina™ Intraoral Scanner Featuring a 3X Wider Field of Capture1 in a 50% Smaller Wand2 That Delivers Faster Scanning, Higher Accuracy3, and Superior Visualization4 for Greater Practice Efficiency

SAN JOSE, Calif. & TEMPE, Ariz. & PETACH TIKVA, Israel--(BUSINESS WIRE)--Align Technology, Inc. (NASDAQ: ALGN) a leading global medical device company that designs, manufactures, and sells the Invisal...

5 months ago - Business Wire

Align Technology Completes Acquisition of Cubicure, a Pioneer of Direct 3D Printing Solutions for Polymer Additive Manufacturing

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

6 months ago - Business Wire

Align Technology to Announce Fourth Quarter and 2023 Results on January 31, 2024

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...

6 months ago - Business Wire

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...

7 months 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 ...

7 months 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...

7 months 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...

7 months 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...

8 months ago - Market Watch

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...

8 months ago - Business Wire