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Healthcare - Medical - Devices - NASDAQ - US
$ 158.02
-0.747 %
$ 11.6 B
Market Cap
28.12
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Mar, 31, 2025.

The intrinsic value of one ALGN stock under the worst case scenario is HIDDEN Compared to the current market price of 158 USD, Align Technology, Inc. is HIDDEN

This DCF valuation model was last updated on Mar, 31, 2025.

The intrinsic value of one ALGN stock under the base case scenario is HIDDEN Compared to the current market price of 158 USD, Align Technology, Inc. is HIDDEN

This DCF valuation model was last updated on Mar, 31, 2025.

The intrinsic value of one ALGN stock under the best case scenario is HIDDEN Compared to the current market price of 158 USD, Align Technology, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ALGN

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$250.0$250.0$240.0$240.0$230.0$230.0$220.0$220.0$210.0$210.0$200.0$200.0$190.0$190.0$180.0$180.0$170.0$170.0$160.0$160.0$150.0$150.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 Mar
FINANCIALS
4 B REVENUE
3.54%
608 M OPERATING INCOME
-5.55%
421 M NET INCOME
-5.32%
738 M OPERATING CASH FLOW
-6.05%
-255 M INVESTING CASH FLOW
-30.09%
-356 M FINANCING CASH FLOW
40.55%
995 M REVENUE
1.77%
144 M OPERATING INCOME
-11.18%
104 M NET INCOME
-10.48%
286 M OPERATING CASH FLOW
8.50%
-53.9 M INVESTING CASH FLOW
-504.51%
-203 M FINANCING CASH FLOW
-1920.35%
Balance Sheet Align Technology, Inc.
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Current Assets 2.49 B
Cash & Short-Term Investments 1.04 B
Receivables 996 M
Other Current Assets 453 M
Non-Current Assets 3.72 B
Long-Term Investments 0
PP&E 1.38 B
Other Non-Current Assets 2.34 B
16.80 %16.02 %7.29 %22.28 %37.62 %Total Assets$6.2b
Current Liabilities 2.04 B
Accounts Payable 109 M
Short-Term Debt 0
Other Current Liabilities 1.93 B
Non-Current Liabilities 325 M
Long-Term Debt 88.2 M
Other Non-Current Liabilities 236 M
4.60 %81.66 %3.73 %10.00 %Total Liabilities$2.4b
EFFICIENCY
Earnings Waterfall Align Technology, Inc.
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Revenue 4 B
Cost Of Revenue 1.2 B
Gross Profit 2.8 B
Operating Expenses 2.19 B
Operating Income 608 M
Other Expenses 186 M
Net Income 421 M
4b4b4b4b3b3b3b3b2b2b2b2b1b1b500m500m004b(1b)3b(2b)608m(186m)421mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
70.00% GROSS MARGIN
70.00%
15.19% OPERATING MARGIN
15.19%
10.54% NET MARGIN
10.54%
10.94% ROE
10.94%
6.78% ROA
6.78%
10.07% ROIC
10.07%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Align Technology, Inc.
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800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 421 M
Depreciation & Amortization 145 M
Capital Expenditures -116 M
Stock-Based Compensation 174 M
Change in Working Capital -72.4 M
Others -1.02 M
Free Cash Flow 623 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Align Technology, Inc.
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Wall Street analysts predict an average 1-year price target for ALGN of $301 , with forecasts ranging from a low of $225 to a high of $400 .
ALGN Lowest Price Target Wall Street Target
225 USD 42.39%
ALGN Average Price Target Wall Street Target
301 USD 90.53%
ALGN Highest Price Target Wall Street Target
400 USD 153.13%
Price
Max Price Target
Min Price Target
Average Price Target
400400350350300300250250200200150150May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 12
6. Ownership
Insider Ownership Align Technology, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
1.53 M USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Align Technology Launches Align X-ray Insights, an AI Computer-Aided Detection Software, in the European Union and United Kingdom ROTKREUZ, Switzerland--(BUSINESS WIRE)--Align Technology, Inc. (“Align”) (Nasdaq: ALGN), a leading global medical device company that designs, manufactures, and sells the Invisalign® System of clear aligners, iTero™ intraoral scanners, and exocad™ CAD/CAM software for digital orthodontics and restorative dentistry, today announced the launch in European Union countries and the United Kingdom of Align X-ray Insights, a new software-based (CADe*) computer aided detection solution that uses artifi. businesswire.com - 3 weeks ago
Why Is Align Technology (ALGN) Down 21.2% Since Last Earnings Report? Align Technology (ALGN) reported earnings 30 days ago. What's next for the stock? zacks.com - 4 weeks ago
Align Technology: Brace Yourself, This Stock Is Undervalued Align Technology is undervalued with a P/FCF multiple of 15x and WACC of 11.55%, despite strong market share and margin improvements. ALGN's Invisalign dominates over 90% of the clear aligners market, supported by high switching costs and premium pricing power. Financials show solid adjusted EBIT margins at 21.8%, with adjusted EPS on an upward trend, despite pandemic-related sales growth stagnation. seekingalpha.com - 4 weeks ago
ALGN Stock Gains on Addition of Upgrades to the iTero Lumina Solutions Align Technology adds restorative capabilities to the iTero Lumina Solutions - the iTero Lumina intraoral scanner and the iTero Lumina Pro dental imaging system. zacks.com - 4 weeks ago
Align Technology Announces Availability of Restorative Capabilities on Its Next Generation iTero Lumina™ Intraoral Scanner and New iTero Lumina™ Pro Dental Imaging System SAN JOSE, Calif. & TEMPE, Ariz. & PETACH TIKVA, Israel--(BUSINESS WIRE)--Align Technology, Inc. (NASDAQ: ALGN) a leading global medical device company that designs, manufactures, and sells the Invisalign® System of clear aligners, iTero™ intraoral scanners, and exocad™ CAD/CAM software for digital orthodontics and restorative dentistry, today announced the addition of restorative capabilities to its next generation iTero Lumina™ intraoral scanner (without iTero Near Infra-Red Imaging (NIRI) tec. businesswire.com - 4 weeks ago
HFD Announces it is now a Preferred Financing Partner of Align Technology to Offer Patient Financing for Invisalign® Treatment Participating US doctors will have access to patient financing solutions for nearly every patient Participating US doctors will have access to patient financing solutions for nearly every patient globenewswire.com - 1 month ago
These two 2024 laggards are positioned for a comeback US stocks had a great 2024 but there still were names last year that failed to capitalise on the positive sentiment. A handful of them, however, are fairly positioned for a comeback this year, according to analysts at Jefferies. invezz.com - 1 month ago
ALGN Stock Gains on the Launch of Invisalign Palatal Expander in Turkey Align Technology commercially launches its Invisalign Palatal Expander System in Turkey after approval from TMMDA. zacks.com - 1 month ago
Invisalign® Palatal Expander System by Align Technology Now Available in Turkey for Skeletal and Dental Expansion in Growing Patients ROTKREUZ, Switzerland--(BUSINESS WIRE)--Align Technology, Inc. (“Align”) (Nasdaq: ALGN), a leading global medical device company that designs, manufactures, and sells the Invisalign® System of clear aligners, iTero™ intraoral scanners, and exocad™ CAD/CAM software for digital orthodontics and restorative dentistry, today announced that Align's Invisalign Palatal Expander System has been approved by the Turkish Medicines and Medical Device Agency (TMMDA) and is now commercially available in Turk. businesswire.com - 1 month ago
ALGN Q4 Earnings Top Estimates, Revenues Miss, Stock Falls Align Technology reports fourth-quarter 2024 revenue growth. This can be mostly attributed to the robust performance of the Imaging Systems & CAD/CAM Services business segment. zacks.com - 1 month ago
Align: Q4 Foreign Exchange Challenges Align Technology (ALGN 0.75%), known for its Invisalign clear aligners and digital dental systems, announced its fourth-quarter 2024 results on Feb. 5, 2025. The earnings release highlighted stable performance amid currency and demand challenges. fool.com - 1 month ago
Align Technology (ALGN) Reports Q4 Earnings: What Key Metrics Have to Say Although the revenue and EPS for Align Technology (ALGN) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 1 month ago
8. Profile Summary

Align Technology, Inc. ALGN

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COUNTRY US
INDUSTRY Medical - Devices
MARKET CAP $ 11.6 B
Dividend Yield 0.00%
Description Align Technology, Inc., a medical device company, designs, manufactures, and markets Invisalign clear aligners and iTero intraoral scanners and services for orthodontists and general practitioner dentists, and restorative and aesthetic dentistry. It operates in two segments, Clear Aligner; and Scanners and Services. The Clear Aligner segment consists of comprehensive products, including Invisalign comprehensive treatment that addresses the orthodontic needs of teenage patients, such as mandibular advancement, compliance indicators, and compensation for tooth eruption; and Invisalign First Phase I and Invisalign First Comprehensive Phase 2 package for younger patients generally between the ages of seven and ten years, which is a mixture of primary/baby and permanent teeth. This segment's non-comprehensive products comprise Invisalign moderate, lite and express packages, and Invisalign go; and non-case products include retention products, Invisalign training fees, and sales of ancillary products, such as cleaning material, and adjusting tools used by dental professionals during the course of treatment. The Scanners and Services segment offers iTero scanner, a single hardware platform with software options for restorative or orthodontic procedures; restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons; and software for orthodontists for digital records storage, orthodontic diagnosis, and for the fabrication of printed models and retainers. This segment also provides computer-aided design and computer-aided manufacturing services; ancillary products, such as disposable sleeves for the wand; iTero model and dies; third party scanners and digital scans; Invisalign outcome simulator, a chair-side and cloud-based application for the iTero scanner; Invisalign progress assessment tool; and TimeLapse technology, which allows doctors or practitioners to compare a patient's historic 3D scans to the present-day scan. The company sells its products in the United States, Switzerland, China, and internationally. Align Technology, Inc. was incorporated in 1997 and is headquartered in Tempe, Arizona.
Contact 410 North Scottsdale Road, Tempe, AZ, 85281 https://www.aligntech.com
IPO Date Jan. 30, 2001
Employees 20945
Officers Mr. Stuart Hockridge Executive Vice President of Global Human Resources Ms. Shirley Stacy Vice President of Corporate Communications & Investor Relations Mr. Simon Beard MD for EMEA Region & Executive Vice President Mr. John F. Morici Chief Financial Officer & Executive Vice President of Global Finance Ms. Sreelakshmi Kolli Executive Vice President & Chief Product and Digital Officer Mr. Emory M. Wright Executive Vice President of Direct Fabrication Platform & Operations Mr. Zelko Relic Executive Vice President & Chief Technology Officer Ms. Jennifer Olson-Wilk Executive Vice President & Chief Customer Officer Mr. Joseph M. Hogan President, Chief Executive Officer & Director Ms. Julie Ann Coletti J.D. Executive Vice President and Chief Legal & Regulatory Officer