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NASDAQ: ALGN
Align Technology Inc Stock Forecast, Predictions & Price Target

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Analyst price target for ALGN

Based on 8 analysts offering 12 month price targets for Align Technology Inc.
Min Forecast
$250.00+18.48%
Avg Forecast
$367.50+74.16%
Max Forecast
$418.00+98.09%

Should I buy or sell ALGN stock?

Based on 8 analysts offering ratings for Align Technology Inc.
Strong Buy
Strong Buy
5 analysts 62.5%
Buy
2 analysts 25%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
1 analysts 12.5%

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ALGN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Piper Sandler
Bottom 11%
11
Strong BuyMaintains$340.00+61.13%2022-09-09
UBS
Bottom 25%
25
Strong BuyMaintains$370.00+75.35%2022-07-29
Morgan Stanley
Top 4%
97
Strong BuyMaintains$402.00+90.51%2022-07-28
Goldman Sachs
Top 9%
92
Strong SellDowngrades$250.00+18.48%2022-07-28
Baird
Top 16%
85
BuyMaintains$410.00+94.30%2022-07-28
Stephens & Co.
Top 2%
99
Strong BuyMaintains$375.00+77.72%2022-07-28
Stifel Nicolaus
Bottom 10%
10
Strong BuyMaintains$375.00+77.72%2022-07-14
Anonymous
Morgan Stanley
Strong BuyMaintains$479.00+127.00%2022-06-15
Credit Suisse
Bottom 6%
6
BuyMaintains$418.00+98.09%2022-05-04

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Forecast return on equity

Is ALGN forecast to generate an efficient return?
Company
35.74%
Industry
24.25%
Market
121.65%
ALGN's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ALGN forecast to generate an efficient return on assets?
Company
22.14%
Industry
13.22%
ALGN is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ALGN earnings per share forecast

What is ALGN's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$7.69-2.16%
Avg 2 year Forecast
$9.39+19.47%
Avg 3 year Forecast
$12.80+62.85%
ALGN's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

ALGN revenue forecast

What is ALGN's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$4.0B-0.03%
Avg 2 year Forecast
$4.5B+12.08%
Avg 3 year Forecast
$5.3B+32.38%
ALGN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ALGN earnings growth forecast

How is ALGN forecast to perform vs Medical Devices companies and vs the US market?
Company
15.96%
Industry
19.86%
Market
16.67%
ALGN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ALGN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ALGN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ALGN revenue growth forecast

How is ALGN forecast to perform vs Medical Devices companies and vs the US market?
Company
9.36%
Industry
4.89%
Market
8.48%
ALGN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ALGN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ALGN vs Medical Device Stocks

TickerPricePrice TargetUp/downsideConsensus
ALGN$211.01$367.50+74.16%Strong Buy
PODD$231.18$279.82+21.04%Buy
BIO$418.24$707.50+69.16%Strong Buy
ABMD$248.96$311.25+25.02%Hold
ZBH$107.12$133.94+25.04%Hold
View Top Medical Device Stocks

Align Technology Stock Forecast FAQ

Is Align Technology Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NASDAQ: ALGN) stock is to Strong Buy ALGN stock.

Out of 8 analysts, 5 (62.5%) are recommending ALGN as a Strong Buy, 2 (25%) are recommending ALGN as a Buy, 0 (0%) are recommending ALGN as a Hold, 0 (0%) are recommending ALGN as a Sell, and 1 (12.5%) are recommending ALGN as a Strong Sell.

If you're new to stock investing, here's how to buy Align Technology stock.

What is ALGN's earnings growth forecast for 2022-2024?

(NASDAQ: ALGN) Align Technology's forecast annual earnings growth rate of 15.96% is not forecast to beat the US Medical Devices industry's average forecast earnings growth rate of 19.86%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.67%.

Align Technology's earnings in 2022 is $619,028,000.On average, 7 Wall Street analysts forecast ALGN's earnings for 2022 to be $600,651,943, with the lowest ALGN earnings forecast at $556,130,277, and the highest ALGN earnings forecast at $644,392,526. On average, 7 Wall Street analysts forecast ALGN's earnings for 2023 to be $733,435,857, with the lowest ALGN earnings forecast at $656,889,836, and the highest ALGN earnings forecast at $802,171,060.

In 2024, ALGN is forecast to generate $999,784,768 in earnings, with the lowest earnings forecast at $916,990,092 and the highest earnings forecast at $1,052,117,252.

What is ALGN's revenue growth forecast for 2022-2024?

(NASDAQ: ALGN) Align Technology's forecast annual revenue growth rate of 9.36% is forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 4.89%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.48%.

Align Technology's revenue in 2022 is $3,989,777,000.On average, 6 Wall Street analysts forecast ALGN's revenue for 2022 to be $311,553,554,270, with the lowest ALGN revenue forecast at $309,819,240,130, and the highest ALGN revenue forecast at $315,799,515,206. On average, 6 Wall Street analysts forecast ALGN's revenue for 2023 to be $349,281,369,788, with the lowest ALGN revenue forecast at $338,589,608,993, and the highest ALGN revenue forecast at $364,961,822,252.

In 2024, ALGN is forecast to generate $412,553,217,480 in revenue, with the lowest revenue forecast at $390,650,276,459 and the highest revenue forecast at $470,249,624,819.

What is ALGN's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: ALGN) forecast ROA is 22.14%, which is higher than the forecast US Medical Devices industry average of 13.22%.

What is ALGN's Price Target?

According to 8 Wall Street analysts that have issued a 1 year ALGN price target, the average ALGN price target is $367.50, with the highest ALGN stock price forecast at $418.00 and the lowest ALGN stock price forecast at $250.00.

On average, Wall Street analysts predict that Align Technology's share price could reach $367.50 by Sep 9, 2023. The average Align Technology stock price prediction forecasts a potential upside of 74.16% from the current ALGN share price of $211.01.

What is ALGN's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: ALGN) Align Technology's current Earnings Per Share (EPS) is $7.86. On average, analysts forecast that ALGN's EPS will be $7.69 for 2022, with the lowest EPS forecast at $7.12, and the highest EPS forecast at $8.25. On average, analysts forecast that ALGN's EPS will be $9.39 for 2023, with the lowest EPS forecast at $8.41, and the highest EPS forecast at $10.27. In 2024, ALGN's EPS is forecast to hit $12.80 (min: $11.74, max: $13.47).

What is ALGN's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: ALGN) forecast ROE is 35.74%, which is considered strong.
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