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
Align Technology Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Align Technology stock have an average target of 340.56, with a low estimate of 225 and a high estimate of 450. The average target predicts an increase of 42.05% from the current stock price of 239.74.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ALGN stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 4 | 2 | 2 | 3 | 3 | 4 |
| Hold | 2 | 3 | 3 | 3 | 3 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 10 | 9 | 9 | 10 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $375 → $330 | Buy | Maintains | $375 → $330 | +37.65% | Jun 21, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $370 → $300 | Buy | Maintains | $370 → $300 | +25.14% | Jun 10, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $344 → $360 | Buy | Maintains | $344 → $360 | +50.16% | Apr 25, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $355 → $375 | Buy | Reiterates | $355 → $375 | +56.42% | Apr 25, 2024 |
| Baird | Baird | Buy Maintains $333 → $370 | Buy | Maintains | $333 → $370 | +54.33% | Apr 25, 2024 |
Financial Forecast
Revenue This Year
4.21B
from 3.86B
Increased by 8.87%
Revenue Next Year
4.60B
from 4.21B
Increased by 9.39%
EPS This Year
9.80
from 5.81
Increased by 68.75%
EPS Next Year
11.13
from 9.80
Increased by 13.52%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.4B | 4.8B | 5.6B | 5.9B | 6.6B |
| Avg | 4.2B | 4.6B | 5.1B | 5.5B | 6.4B |
| Low | 4.0B | 4.3B | 4.5B | 5.1B | 6.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.7% | 15.0% | 20.9% | 16.0% | 20.2% |
| Avg | 8.9% | 9.4% | 11.0% | 8.1% | 16.7% |
| Low | 3.4% | 1.3% | -2.0% | -0.5% | 12.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.48 | 12.04 | 14.37 | 15.82 | 18.20 |
| Avg | 9.80 | 11.13 | 13.01 | 15.06 | 17.68 |
| Low | 8.93 | 10.04 | 11.45 | 14.17 | 16.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 80.4% | 22.8% | 29.2% | 21.6% | 20.8% |
| Avg | 68.7% | 13.5% | 16.9% | 15.7% | 17.4% |
| Low | 53.7% | 2.4% | 2.9% | 8.9% | 12.8% |
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.