Align Technology, Inc. (ALGN)
NASDAQ: ALGN · IEX Real-Time Price · USD
298.98
-2.36 (-0.78%)
At close: Apr 19, 2024, 4:00 PM
297.02
-1.96 (-0.66%)
After-hours: Apr 19, 2024, 7:32 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 334, with a low estimate of 225 and a high estimate of 450. The average target predicts an increase of 11.71% from the current stock price of 298.98.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for ALGN stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 4 | 4 | 4 | 2 | 2 | 2 |
| Hold | 3 | 2 | 2 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Total | 10 | 10 | 10 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $350 → $400 | Strong Buy | Maintains | $350 → $400 | +33.79% | Apr 18, 2024 |
| UBS | UBS | Hold Maintains $280 → $320 | Hold | Maintains | $280 → $320 | +7.03% | Apr 15, 2024 |
| Stifel | Stifel | Strong Buy Maintains $340 → $350 | Strong Buy | Maintains | $340 → $350 | +17.06% | Mar 15, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $335 → $355 | Buy | Reiterates | $335 → $355 | +18.74% | Mar 13, 2024 |
| Leerink Partners | Leerink Partners | Hold Initiates $310 | Hold | Initiates | $310 | +3.69% | Feb 26, 2024 |
Financial Forecast
Revenue This Year
4.12B
from 3.86B
Increased by 6.75%
Revenue Next Year
4.52B
from 4.12B
Increased by 9.60%
EPS This Year
9.45
from 5.81
Increased by 62.64%
EPS Next Year
10.71
from 9.45
Increased by 13.36%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.3B | 4.8B | 5.4B | 5.7B |
| Avg | 4.1B | 4.5B | 5.0B | 5.5B |
| Low | 3.9B | 4.2B | 4.5B | 5.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 11.2% | 17.0% | 19.3% | 13.2% |
| Avg | 6.8% | 9.6% | 10.6% | 10.0% |
| Low | 1.3% | 2.8% | -0.5% | 5.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 10.17 | 11.90 | 13.77 | 14.99 |
| Avg | 9.45 | 10.71 | 12.57 | 14.57 |
| Low | 7.89 | 8.71 | 11.05 | 13.99 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 75.1% | 26.0% | 28.5% | 19.3% |
| Avg | 62.6% | 13.4% | 17.3% | 15.9% |
| Low | 35.8% | -7.8% | 3.2% | 11.3% |
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.