Align Technology, Inc. (ALGN)

NASDAQ: ALGN · Real-Time Price · USD
224.23
+5.32 (2.43%)
At close: Jan 17, 2025, 4:00 PM
224.47
+0.24 (0.11%)
After-hours: Jan 17, 2025, 4:50 PM EST
2.43%
Market Cap 16.74B
Revenue (ttm) 3.96B
Net Income (ttm) 441.57M
Shares Out 74.65M
EPS (ttm) 5.86
PE Ratio 38.24
Forward PE 22.60
Dividend n/a
Ex-Dividend Date n/a
Volume 652,524
Open 222.92
Previous Close 218.91
Day's Range 221.00 - 228.00
52-Week Range 196.09 - 335.40
Beta 1.67
Analysts Hold
Price Target 265.22 (+18.28%)
Earnings Date Feb 5, 2025

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]

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

Financial Performance

In 2023, Align Technology'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 10 analysts, the average rating for ALGN stock is "Hold." The 12-month stock price forecast is $265.22, which is an increase of 18.28% from the latest price.

Price Target
$265.22
(18.28% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Align Technology Boosted By Improving Sentiment, Easing Comps, Margins, Earns Analyst Upgrade

Leerink Partners upgraded Align Technology Inc ALGN, citing upside opportunities throughout 2025 given gross margin expansion opportunities.

14 days ago - Benzinga

Align Technology: Economic Headwinds Cloud An Attractive Growth Story

Align Technology shares have remained under pressure over the past year due to soft consumer demand for the company's clear aligner products. I expect growth to accelerate to at least 5% in FY25, main...

15 days ago - Seeking Alpha

Align Technology to Announce Fourth Quarter and 2024 Results on February 5, 2025

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...

18 days ago - Business Wire

Susman Godfrey LLP Files Antitrust Lawsuit Alleging Align Technology, ADA, and AAO Conspired to Eliminate Competition in the Dental Market

SANTA CLARA, Calif.--(BUSINESS WIRE)--Last Wednesday, attorneys from Susman Godfrey LLP and Benesch Friedlander Coplan & Aronoff, LLP filed an antitrust lawsuit on behalf of CDS Litigation, LLC, again...

4 weeks ago - Business Wire

Align Technology Has Received CE Mark in Europe for the Invisalign® Palatal Expander System to Address Skeletal and Dental Expansion in Growing Patients, Including Teenage Patients

ROTKREUZ, Switzerland--(BUSINESS WIRE)--Align Technology has received CE Mark in Europe for Align's Invisalign® Palatal Expander System and also completed registration with MHRA.

2 months ago - Business Wire

Align Technology Hosts the 2024 Invisalign™ Ortho Summit, Its Premier Education Event to Enhance Digital Practice Transformation and Treatment Experiences for Patients, Teams, and Practices

LAS VEGAS & SAN JOSE, Calif. & TEMPE, Ariz.--(BUSINESS WIRE)--Align Technology shared highlights from the 2024 Invisalign Ortho Summit, Align's premier clinical education and peer-to-peer networking e...

2 months ago - Business Wire

Align Technology Opens 2025 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 2025 Annual Research Award Program to support clinical and scientific dental research in univers...

2 months 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...

2 months ago - Business Wire

These are the S&P 500's biggest laggards for October, down by as much as 29%

Super Micro joined the list after a 33% drop on Wednesday.

2 months ago - Market Watch

Align Technology: A Change In Plans After Mixed Q3 Earnings

Align Technology reported mixed Q3 earnings, with a beat on EPS at $2.35 but a slight miss on revenue at $977.87M. Despite challenges in the U.S. market, growth in Asia Pacific, EMEA, and Latin Americ...

3 months ago - Seeking Alpha

Align Technology Announces $275 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, ...

3 months ago - Business Wire

Align Technology, Inc. (ALGN) Q3 2024 Earnings Call Transcript

Align Technology, Inc. (NASDAQ:ALGN) Q3 2024 Earnings Conference Call October 23, 2024 4:30 PM ET Company Participants Shirley Stacy - VP, Corporate Communications & IR Joe Hogan - President & Chief ...

3 months ago - Seeking Alpha

Align Technology misses third-quarter revenue estimates on weaker demand for teeth aligners

Align Technology missed Wall Street estimates for third-quarter revenue on Wednesday, on lower-than-expected demand for its clear teeth aligners among younger patients.

3 months ago - Reuters

Frank Quinn to Rejoin Align Technology as Executive Vice President and Managing Director of the Americas Region

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...

3 months ago - Business Wire

ALIGN TECHNOLOGY ANNOUNCES THIRD 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...

3 months ago - Business Wire

Align Technology Introduces Invisalign Smile Architect™ With Multiple Treatment Plans, Further Enabling Ortho Restorative Digital Dentistry Treatment Options

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, ...

3 months ago - Business Wire

Align Technology Announces iTero™ Intraoral Scanner Product Innovations That Enhance Digital Dentistry Workflows and Integrated Treatment Options in Oral Health, Restorative, and Ortho Treatment in General Dentistry Practices

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 Invisa...

3 months ago - Business Wire

Invisalign® Palatal Expander System by Align Technology Now Available in Hong Kong for Skeletal and Dental Expansion in Growing Patients

HONG KONG--(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, iTe...

3 months ago - Business Wire

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

SINGAPORE--(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, iTer...

3 months ago - Business Wire

Align Technology to Announce Third Quarter 2024 Results on October 23, 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

Court Grants Preliminary Approval of Settlement to Resolve All Outstanding Shareholder Derivative Litigation Involving Align

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...

3 months ago - Business Wire

Align Technology to Speak at Upcoming Financial Conference

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 months ago - Business Wire

Align Technology Announces New Regional Leadership Roles

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

Invisalign maker reaches $27.5 million settlement of consumer antitrust lawsuit

Align Technology , the maker of Invisalign clear teeth aligners, agreed to pay $27.5 million to settle a lawsuit claiming it entered an illegal antitrust conspiracy that drove up prices of aligners ma...

5 months ago - Reuters

Align Technology Pilots U.S. Invisalign® Treatment Promotional Program on Costco.com

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, ...

5 months ago - Business Wire