Align Technology, Inc. (ALGN)

NASDAQ: ALGN · IEX Real-Time Price · USD
300.01
-2.41 (-0.80%)
At close: Mar 1, 2024, 4:00 PM
299.25
-0.76 (-0.25%)
After-hours: Mar 1, 2024, 7:09 PM EST
-0.80%
Market Cap 22.98B
Revenue (ttm) 3.86B
Net Income (ttm) 445.05M
Shares Out 76.59M
EPS (ttm) 5.81
PE Ratio 51.64
Forward PE 35.16
Dividend n/a
Ex-Dividend Date n/a
Volume 645,143
Open 301.36
Previous Close 302.42
Day's Range 297.19 - 304.70
52-Week Range 176.34 - 413.20
Beta 1.64
Analysts Hold
Price Target 308.44 (+2.81%)
Earnings Date Apr 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. 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 younger and teenage patients, such as mandibular advancement, compl... [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 "Hold." The 12-month stock price forecast is $308.44, which is an increase of 2.81% from the latest price.

Price Target
$308.44
(2.81% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

10 days 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.

4 weeks 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...

4 weeks 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...

4 weeks 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...

4 weeks 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...

4 weeks 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...

2 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...

2 months ago - Business Wire

Align Technology: Protected by more factors than any other stock

Because the past few months in the stock market have been a wild emotional roller coaster, most investors are now looking for the most logical and fundamental reasons to justify investing in any secto...

2 months ago - MarketBeat

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...

2 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 ...

2 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...

2 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...

3 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...

3 months ago - Market Watch

Bargain alert: 3 large caps with RSIs that scream oversold

Everyone likes to feel like they're getting a bargain when buying something. It's no different when it comes to buying stocks.

Other symbols: ACIPAYC
3 months ago - MarketBeat

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...

4 months ago - Business Wire

Amazon, Nvidia, and 7 Other Stocks for Falling Bond Yields

When the 10-year sinks that's wehen growth names flourish. And it books like yields will keep falling.

4 months ago - Barrons

Align Technology Opens 2024 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 2024 Annual Research Award Program to support clinical and scientific dental research in univers...

4 months ago - Business Wire

Align Technology to buy back $100 million of its common stock

Align Technology Inc. ALGN, +2.66% said Monday it's planning to buy back $100 million of its common stock under it's $1.0 billion stock repurchase program. The move is in addition to the $250 million ...

4 months ago - Market Watch

Align Technology Announces $100 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...

4 months ago - Business Wire

Align Technology to Speak at Upcoming Financial Conferences

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 Align Technology's stock bounces, as $250 million ASR announced following a 25% price plunge

Shares of Align Technology Inc. ALGN, -24.88% bounced 1% off a more than 10-month low in premarket trading Friday, after the maker of Invisalign orthodontic products announced a $250 million accelerat...

4 months ago - Market Watch

Align Technology Announces $250 Million Accelerated Stock Repurchase Agreement

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, ...

4 months ago - Business Wire

3-Stock Lunch: UPS, KDP & ALGN

Victoria Greene, G Squared chief investment officer, joins ‘Power Lunch' to discuss three stocks: UPS, Keurig and Align Technology.

Other symbols: UPSKDP
4 months ago - CNBC Television

Invisalign maker's stock craters after soft earnings, but analysts still say it's a buy

Align Technology Inc.'s stock cratered more than 22% on Thursday to lead S&P 500 decliners, after the maker of Invisalign orthodontic aligners posted weaker-than-expected third-quarter earnings.

4 months ago - Market Watch