Piper Sandler analyst Jason Bednar has reiterated the "Overweight" rating for Align Technology (ALGN, Financial) as of May 1, 2025. The decision comes alongside a raised price target for the stock, highlighting increased confidence in its market performance.
The price target for Align Technology (ALGN, Financial) has been adjusted from $235.00 to $250.00, reflecting a 6.38% increase. This upward adjustment indicates a positive outlook for the company's future prospects.
Align Technology (ALGN, Financial), known for its innovative orthodontic products, continues to show potential, as evidenced by the latest assessment from Piper Sandler. The "Overweight" rating remains unchanged, demonstrating sustained analyst confidence in the stock's ability to outperform.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Align Technology Inc (ALGN, Financial) is $226.54 with a high estimate of $275.00 and a low estimate of $150.54. The average target implies an upside of 26.61% from the current price of $178.93. More detailed estimate data can be found on the Align Technology Inc (ALGN) Forecast page.
Based on the consensus recommendation from 18 brokerage firms, Align Technology Inc's (ALGN, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Align Technology Inc (ALGN, Financial) in one year is $301.96, suggesting a upside of 68.76% from the current price of $178.93. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Align Technology Inc (ALGN) Summary page.