ALGN

ACCE-researched
Align Technology Inc. Common Stock
Healthcare · Medical Instruments & Supplies · NASDAQ · United States
$146.88-0.49%
Market cap $10.5BNext earnings 2026-11-04Updated Sep 20, 2026
FAIR VALUE · CONSENSUS
$146.88+0.0%
confidence-weighted across 4 of 6 models
Now $146.88
$146.88
$85.15$426.12
HoldBronze46
Price vs fair value
2.2% below
+2.3% to fair value
ACCE score
51
out of 100
Analysts
61% buy
18 covering
P/E
25.6x
forward 11.6x
1-year return
+11.8%
Dividend yield
0.00%
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Overview

ACCE thesis

Align Technology manufactures Invisalign clear aligners and iTero intraoral scanners that orthodontists and dentists use to straighten teeth without traditional metal braces. The company owns the dominant position in clear aligner therapy with roughly 90% market share globally, protected by an extensive patent portfolio and network effects from its massive case database. International expansion drives the growth story, with markets like China and Europe still showing penetration rates well below the mature US market of 15-20% of orthodontic cases. Trading at 13.6x forward earnings after a brutal 2022-2023 selloff, shares have compressed from pandemic highs above $700 to current levels around $240. Management expects double-digit revenue growth to resume as dental visits normalize and international adoption accelerates, making this a compelling recovery play on a proven business model.

Written May 8, 2026
Reports in 43 days, last quarter missed by 0.0%.

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Price

+12.0% · 1Y

Valuation

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Full valuation engine INVESTOR FEATURE

Six independent models converge on one confidence-weighted fair value, with full methodology and editable assumptions.

  • +All six models: DCF, P/E and EV/EBITDA comps, Graham, dividend discount, residual income
  • +Scenario bands, sensitivity tornado, and the 5-year historical valuation range
  • +Editable DCF workbench with saved scenarios

Quality

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Quality and conviction INVESTOR FEATURE

The full quality picture: conviction breakdown, earnings quality, score history, and backtested returns.

  • +Conviction score breakdown and earnings-quality grade
  • +Growth / value / quality / momentum component scores
  • +90-day score history and score-threshold backtests

Analysts

Wall Street consensus

Bullish61% buy · 18 covering analysts
Strong buy 8 Buy 3 Hold 6 Sell 1 Strong sell 0
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

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Smart money tracking PRO FEATURE

Follow the institutions: 13F position changes, insider trades, and active 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Recent open-market insider transactions
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

This stock Peer Peer median weaker → stronger
P/Ebetter than 33% of peers
low 0.0x25.6xhigh 242.3x
ROEbetter than 67% of peers
low -14%10%high 19%
Div yieldbetter than 50% of peers
low 0.0%0.0%high 5.5%

Algorithmic peers (6)

TickerCompanyMcapP/EROED/EYieldQuality
AVTRAvantor Inc. Common Stock$10.5B--9.7%0.710.0%-Compare
COOThe Cooper Companies Inc. Common Stock$10.5B19.06.8%0.300.0%-Compare
RGENRepligen Corporation Common Stock$10.0B242.32.0%0.270.0%-Compare
BAXBaxter International Inc. Common Stock$11.8B--14.4%1.550.9%-Compare
ATRAptarGroup Inc. Common Stock$7.9B22.513.5%0.561.5%-Compare
COLO-B.COColoplast A/S$14.5B34.118.5%1.365.5%-Compare

Sector report card

Where ALGN ranks against its sector peers on each metric.

Computing percentiles…

News and Record

Reports in 43 days, last quarter missed by 0.0%.

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Recent performance

1 week
-4.0%
1 month
-9.6%
3 months
-12.8%
6 months
-18.5%
YTD
-5.9%
1 year
+11.8%

SEC filings

32 filings of 40
August 2026
Aug 31
8-KCurrent reportPeriod 2026-08-27
Aug 31
Form 4Insider transactionPeriod 2026-08-27
Aug 5
10-QQuarterly reportPeriod 2026-06-30
29 more filings + AI summaries on Investor+.INVESTOR