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

Analyst price target for ALGN

Based on 8 analysts offering 12 month price targets for Align Technology Inc.
Min Forecast
$225.00-12.01%
Avg Forecast
$332.50+30.04%
Max Forecast
$400.00+56.43%

Should I buy or sell ALGN stock?

Based on 8 analysts offering ratings for Align Technology Inc.
Buy
Strong Buy
3 analysts 37.5%
Buy
2 analysts 25%
Hold
2 analysts 25%
Sell
0 analysts 0%
Strong Sell
1 analysts 12.5%

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ALGN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-06-10
lockedlocked$00.00+00.00%2024-04-25
lockedlocked$00.00+00.00%2024-04-25
lockedlocked$00.00+00.00%2024-04-25
lockedlocked$00.00+00.00%2024-04-18
UBS
Top 17%
84
HoldMaintains$320.00+25.15%2024-04-15
Leerink Partners
Bottom 10%
10
HoldInitiates Coverage On$310.00+21.24%2024-02-26
Goldman Sachs
Top 19%
82
Strong SellMaintains$225.00-12.01%2024-02-02

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Forecast return on equity

Is ALGN forecast to generate an efficient return?
Company
24.25%
Industry
27.36%
Market
187.15%
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
14.81%
Industry
14.13%
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 5 analysts?
Avg 1 year Forecast
$7.95+30.79%
Avg 2 year Forecast
$9.13+50.13%
Avg 3 year Forecast
$10.92+79.52%
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
$4.1B+5.35%
Avg 2 year Forecast
$4.5B+15.66%
Avg 3 year Forecast
$5.0B+28.46%
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
20.78%
Industry
23.25%
Market
29.04%
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
8.59%
Industry
8.09%
Market
9.75%
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$255.70$332.50+30.04%Buy
STE$224.79$248.25+10.44%Strong Buy
ZBH$112.88$135.55+20.08%Hold
PHG$26.28N/AN/A
PODD$192.04$224.30+16.80%Strong Buy

Align Technology Stock Forecast FAQ

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

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

Out of 8 analysts, 3 (37.5%) are recommending ALGN as a Strong Buy, 2 (25%) are recommending ALGN as a Buy, 2 (25%) 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 2024-2026?

(NASDAQ: ALGN) Align Technology's forecast annual earnings growth rate of 20.78% is not forecast to beat the US Medical Devices industry's average forecast earnings growth rate of 23.25%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 29.04%.

Align Technology's earnings in 2024 is $462,283,000.On average, 5 Wall Street analysts forecast ALGN's earnings for 2024 to be $598,639,975, with the lowest ALGN earnings forecast at $582,680,257, and the highest ALGN earnings forecast at $612,040,115. On average, 5 Wall Street analysts forecast ALGN's earnings for 2025 to be $687,171,239, with the lowest ALGN earnings forecast at $666,995,747, and the highest ALGN earnings forecast at $727,221,096.

In 2026, ALGN is forecast to generate $821,699,614 in earnings, with the lowest earnings forecast at $810,783,769 and the highest earnings forecast at $832,615,458.

What is ALGN's revenue growth forecast for 2024-2026?

(NASDAQ: ALGN) Align Technology's forecast annual revenue growth rate of 8.59% is forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 8.09%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.75%.

Align Technology's revenue in 2024 is $3,916,544,000.On average, 6 Wall Street analysts forecast ALGN's revenue for 2024 to be $310,618,714,787, with the lowest ALGN revenue forecast at $308,971,099,785, and the highest ALGN revenue forecast at $311,550,250,382. On average, 5 Wall Street analysts forecast ALGN's revenue for 2025 to be $341,021,073,519, with the lowest ALGN revenue forecast at $336,607,007,083, and the highest ALGN revenue forecast at $346,001,408,804.

In 2026, ALGN is forecast to generate $378,771,376,592 in revenue, with the lowest revenue forecast at $364,769,886,190 and the highest revenue forecast at $398,806,242,516.

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

(NASDAQ: ALGN) forecast ROA is 14.81%, which is higher than the forecast US Medical Devices industry average of 14.13%.

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 $332.50, with the highest ALGN stock price forecast at $400.00 and the lowest ALGN stock price forecast at $225.00.

On average, Wall Street analysts predict that Align Technology's share price could reach $332.50 by Jun 10, 2025. The average Align Technology stock price prediction forecasts a potential upside of 30.04% from the current ALGN share price of $255.70.

What is ALGN's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: ALGN) Align Technology's current Earnings Per Share (EPS) is $6.08. On average, analysts forecast that ALGN's EPS will be $7.95 for 2024, with the lowest EPS forecast at $7.74, and the highest EPS forecast at $8.13. On average, analysts forecast that ALGN's EPS will be $9.13 for 2025, with the lowest EPS forecast at $8.86, and the highest EPS forecast at $9.66. In 2026, ALGN's EPS is forecast to hit $10.92 (min: $10.77, max: $11.06).

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

(NASDAQ: ALGN) forecast ROE is 24.25%, which is considered strong.
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