ALGN
Full HouseAI neutralAlign Technology, Inc. · Healthcare · United States · $11.0B cap · $194.2M/day traded
$172.08 -1.3% · close 11 Nov · scored 12 Nov
Full House: Strong business, sensible price, and the market agrees.
After its 28 Oct results, analysts left next year's EPS estimate little changed.
As of 12 Nov 2026, the MoatMap Score for Align Technology, Inc. (ALGN) is 88/100, ranked against 25,000+ stocks in 38 markets (Quality 79, Value 52, Momentum 57, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
Align Technology makes Invisalign clear aligners and iTero dental scanners, a strong brand with high margins and a large installed base of dentists. It runs buybacks and has launched a US campaign aimed at adult patients. But case volumes have been sluggish as consumers pull back on elective treatment, and cheaper rivals are growing. There is no clear catalyst to restart growth over the next 18 months.
ABOUT ALIGN TECHNOLOGY, INC.
Read
Align Technology is a global medical device company best known for its Invisalign system of clear aligners for orthodontic treatment, alongside its iTero intraoral scanners. The company holds a dominant market position in the clear aligner segment, protected by extensive intellectual property and a comprehensive ecosystem that includes treatment planning software and professional training. This strong brand recognition and innovative product portfolio establish a significant competitive moat in the dental aesthetics market.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.7B | 3.9B | 4.0B | 4.0B | 2.6% | 4.2B | 4.1B | 4.2B | 2.5% |
| EPS | 4.62 | 5.82 | 5.63 | 5.66 | 7.0% | 6.86 | 5.98 | 6.62 | 8.2% |
| Shares | 77.3M | 75.1M | 73.8M | 71.4M | -7.6% | 70.5M | — | — | — |
| Debt | 126.9M | 126.6M | 119.3M | 114.4M | -3.4% | 146.5M | — | — | — |
| Equity | 3.6B | 3.6B | 3.9B | 4.0B | 4.0% | — | — | — | — |
| Op CF | 568.7M | 785.8M | 738.2M | 593.2M | 1.4% | 749.9M | — | — | — |
| Inv CF | -213.3M | -195.9M | -254.9M | -112.4M | — | — | — | — | — |
| Fin CF | -501.7M | -598.3M | -355.7M | -464.6M | — | — | — | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Calmer than 53% of stocks we rank over the past year (volatility 40% a year).
How this is worked out
The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Healthcare, ranked by industry match, size, and score similarity. Cross-listings of ALGN are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| ALGN | Align Technology, Inc.(you) | $11.0B | 88 |
| MMSI | Merit Medical Systems, Inc. | $5.6B | 88 |
| AVTR | Avantor, Inc. | $11.7B | 74 |
| BAX | Baxter International Inc. | $13.1B | 74 |
| COO | The Cooper Companies, Inc. | $11.6B | 68 |
| NVST | Envista Holdings Corporation | $3.8B | 88 |
| RMD | ResMed Inc. | $35.6B | 88 |
| WST | West Pharmaceutical Services, Inc. | $27.6B | 81 |
| SOLV | Solventum Corporation | $14.5B | 66 |
| ATR | AptarGroup, Inc. | $8.0B | 65 |
Peer medians: ROE -31.0% · P/E 26.3x · Gross margin 62.7%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.