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

Analyst price target for ALGN

Based on 6 analysts offering 12 month price targets for Align Technology Inc.
Min Forecast
$225.00-25.6%
Avg Forecast
$293.00-3.11%
Max Forecast
$378.00+24.99%

Should I buy or sell ALGN stock?

Based on 6 analysts offering ratings for Align Technology Inc.
Buy
Strong Buy
3 analysts 50%
Buy
0 analysts 0%
Hold
2 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
1 analysts 16.67%

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ALGN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-26
lockedlocked$00.00+00.00%2024-02-02
lockedlocked$00.00+00.00%2024-02-01
lockedlocked$00.00+00.00%2024-01-30
lockedlocked$00.00+00.00%2023-10-26
Morgan Stanley
Top 5%
96
Strong BuyMaintains$378.00+24.99%2023-10-26

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Forecast return on equity

Is ALGN forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.47%

Forecast return on assets

Is ALGN forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

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+4.62%
Avg 2 year Forecast
$4.5B+16.37%
Avg 3 year Forecast
$4.9B+27.82%
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
51.26%
Industry
24.6%
Market
22.38%
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
8.56%
Industry
7.9%
Market
10.79%
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$302.42$293.00-3.11%Buy
STE$232.91$239.60+2.87%Buy
ZBH$124.36$130.18+4.68%Hold
PHG$20.05N/AN/A
BRKR$86.54$86.40-0.16%Buy

Align Technology Stock Forecast FAQ

Is Align Technology Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: ALGN) stock is to Buy ALGN stock.

Out of 6 analysts, 3 (50%) are recommending ALGN as a Strong Buy, 0 (0%) are recommending ALGN as a Buy, 2 (33.33%) are recommending ALGN as a Hold, 0 (0%) are recommending ALGN as a Sell, and 1 (16.67%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: ALGN) Align Technology's forecast annual revenue growth rate of 8.56% is forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 7.9%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.79%.

Align Technology's revenue in 2024 is $3,862,260,000.On average, 6 Wall Street analysts forecast ALGN's revenue for 2024 to be $303,478,748,774, with the lowest ALGN revenue forecast at $300,970,045,453, and the highest ALGN revenue forecast at $304,563,778,169. On average, 7 Wall Street analysts forecast ALGN's revenue for 2025 to be $337,551,165,234, with the lowest ALGN revenue forecast at $327,253,487,488, and the highest ALGN revenue forecast at $367,350,081,480.

In 2026, ALGN is forecast to generate $370,781,964,791 in revenue, with the lowest revenue forecast at $355,941,012,788 and the highest revenue forecast at $385,622,916,795.

What is ALGN's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: ALGN) forecast ROA is N/A, which is lower than the forecast US Medical Devices industry average of N/A.

What is ALGN's Price Target?

According to 6 Wall Street analysts that have issued a 1 year ALGN price target, the average ALGN price target is $293.00, with the highest ALGN stock price forecast at $378.00 and the lowest ALGN stock price forecast at $225.00.

On average, Wall Street analysts predict that Align Technology's share price could fall to $293.00 by Feb 26, 2025. The average Align Technology stock price prediction forecasts a potential downside of 3.11% from the current ALGN share price of $302.42.

What is ALGN's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: ALGN) forecast ROE is N/A, which is considered weak.
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