ALGN - Align Technology - Stock Forecast

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Coverage Profile Stock analysts Price Targets & Ratings Chart Insider Trading

ALGN is currently covered by 12 analysts with an average price target of $314.56. This is a potential upside of $43.06 (15.86%) from yesterday's end of day stock price of $271.5.

Align Technology's activity chart (see below) currently has 347 price targets and 214 ratings on display. The stock rating distribution of ALGN is 69.49% BUY, 15.25% SELL and 15.25% HOLD.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 79.89% with an average time for these price targets to be met of 125.1 days.

Highest price target for ALGN is $400, Lowest price target is $180, average price target is $314.56.

Most recent stock forecast was given by JONATHAN BLOCK from STIFEL on 18-Apr-2024. First documented stock forecast 28-May-2013.

What is Align Technology?

Align Technology is a company that designs, manufactures, and markets Invisalign clear aligners and iTero intraoral scanners and services. Its products and services are aimed at orthodontists and general practitioner dentists in the United States, Switzerland, China, and other countries. The company’s clear aligners and intraoral scanners are used to create personalized treatment plans for patients seeking orthodontic treatment.

What made Align Technology famous?

Align Technology became famous for its revolutionary clear aligners, called Invisalign. Invisalign is a clear plastic aligner that is custom-made for each patient’s teeth. Unlike traditional metal braces, Invisalign is virtually invisible and can be removed for eating, brushing, and flossing. Invisalign has become a popular choice for patients seeking orthodontic treatment, particularly adults who are hesitant to wear traditional braces.

What are the famous products or services of Align Technology?

Invisalign clear aligners

These are a series of custom-made, clear plastic aligners that gradually move teeth into the desired position.

The Invisalign packages address the orthodontic needs of teenage patients, such as:

  • Mandibular advancement.
  • Compliance indicators.
  • Compensation for tooth eruption.

Invisalign’s non-comprehensive packages include Invisalign Moderate, lite, and Express packages, as well as Invisalign Go and Invisalign go plus.

iTero intraoral scanners

These are a single hardware platform with software options that allow orthodontists and dentists to capture high-resolution, 3D digital scans of a patient’s teeth and bite. You can use the scans from iTero scanners for digital records storage, orthodontic diagnosis, and to fabricate printed models and retainers. Additionally, general practitioner dentists, prosthodontists, periodontists, and oral surgeons can benefit from the restorative software offered by iTero scanners.

In addition to the main products, Align Technology also provides additional services and tools to support its product lines. These include retention products, Invisalign training, adjusting tools used by dental professionals during treatment, the Invisalign outcome simulator, and the Invisalign progress assessment tool. Align Technology also offers TimeLapse technology, which allows doctors or practitioners to compare a patient’s historic 3D scans to the present-day scan. The company provides subscription software, disposables, rentals, leases, and pay-per-scan services.

Align Technology’s performance history

Incorporated in 1997 and headquartered in Tempe, Arizona, Align Technology rapidly grew since its founding, and now leads the orthodontic industry. Forbes named Align Technology one of the World’s Most Innovative Companies. 3BL Media recognized it as one of the 100 Best Corporate Citizens in 2020, highlighting the company’s dedication to sustainability and innovation.

Currently out of the existing stock ratings of ALGN, 41 are a BUY (69.49%), 9 are a SELL (15.25%), 9 are a HOLD (15.25%).

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

400

$128.5 (47.33%)

250

1 months ago

27/35 (77.14%)

$98.66 (32.74%)

149

Hold

320

$48.5 (17.86%)

260

1 months 3 days ago

7/14 (50%)

$15.26 (5.01%)

146

Buy

355

$83.5 (30.76%)

335

2 months 5 days ago

14/27 (51.85%)

$34.31 (10.70%)

93

Buy

310

$38.5 (14.18%)

260

3 months 29 days ago

21/27 (77.78%)

$43.66 (16.39%)

97

Hold

234

$-37.5 (-13.81%)

393

6 months 21 days ago

9/10 (90%)

$43.06 (22.55%)

217

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What is ALGN (Align Technology) average time for price targets to be met?

On average it took 125.1 days on average for the stock forecasts to be realized with a an average price target met ratio 79.89

Which analyst has the current highest performing score on ALGN (Align Technology) with a proven track record?

CHRIS COOLEY

Which analyst has the most public recommendations on ALGN (Align Technology)?

Chris Cooley works at STEPHENS and has 5 price targets and 4 ratings on ALGN

Which analyst is the currently most bullish on ALGN (Align Technology)?

Richard Newitter with highest potential upside - $498.5

Which analyst is the currently most reserved on ALGN (Align Technology)?

Chris Lewis with lowest potential downside - -$133.5

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