Align Technology Stock Target Price and Analyst Consensus

ALGN -  USA Stock  

USD 613.78  2.25  0.37%

The current analyst and expert consensus on Align Technology is Buy, with 0 strong sell and 8 strong buy opinions. The current projected Align Technology target price consensus is 695.8 with 10 analyst opinions. The most common way Align Technology analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Align Technology executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Align Technology. We strongly encourage you to use your own analysis of Align Technology to validate this buy or sell advice. Align Technology buy-or-sell recommendation module provides average expert sentiment on the projected Align Technology target price to derive its highest and lowest estimates based on projected price volatility of 91.401. Please continue to Macroaxis Advice on Align Technology to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

Align Analyst Recommendations 

 
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Profit Margin is expected to rise to 0.77 this year, although the value of Gross Profit will most likely fall to about 1.4 B. Align Technology Assets Non Current are quite stable at the moment as compared to the past year. The company's current value of Assets Non Current is estimated at 3.22 Billion. Cash and Equivalents is expected to rise to about 1 B this year, although the value of Current Assets will most likely fall to about 1.5 B.

Align Technology Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Align target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Align target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Number of Opinions9
Lowered Outlook0
Raized Outlook0
Buy
Most Align analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Align stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Align Technology, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Align Technology Target Price Projection

Align Technology's current and average target prices are 613.78 and 695.80, respectively. The current price of Align Technology is the price at which Align Technology is currently trading. On the other hand, Align Technology's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Align Technology Market Quote on 1st of December 2021

Low Price605.77Odds
High Price624.0Odds

613.78

Target Price

Analyst Consensus On Align Technology Target Price

Low Estimate550.0Odds
High Estimate825.0Odds
Number of Analysts10
Standard Deviation91.401

695.8

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Align Technology and the information provided on this page.

Align Technology Analyst Ratings

Align Technology's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Align Technology stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Align Technology's financials, market performance, and future outlook by experienced professionals. Align Technology's historical ratings below, therefore, can serve as a valuable tool for investors.

Average Consensus Estimates

About Align Technology Target Price Projections

Align Technology's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Align Technology and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Align depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Align Technology including analysis of its current option contracts.
Align Technology's latest option contracts expiring on 2021-12-03 are carrying combined implied volatility of 43.3 with a put-to-call open interest ratio of 0.87 over 134 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2021-12-03. The current put volume is at 181, with calls trading at the volume of 226. This yields a 0.8 put-to-call volume ratio. The Align Technology option chain provides detailed quote and price information for the current Align Technology option contracts. It shows all of Align Technology's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2021-12-03 Option Contracts

Align Technology option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Align Technology's lending market. For example, when Align Technology's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Align Technology, he or she must hedge the risk by shorting Align Technology stock over its option's life.
The chart above shows Align Technology's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Align Technology's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Align Technology's option, there is no secondary market available for investors to trade.

Align Technology Maximum Pain Price accross 2021-12-03 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Align Technology close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Align Technology's stock options are financial instruments that give investors the right to buy or sell shares of Align Technology common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Align stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Align Technology's stock price goes up or down, the stock options follow.
Please continue to Macroaxis Advice on Align Technology to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

Align Technology In The Money Call Balance

When Align Technology's strike price is surpassing the current stock price, the option contract against Align Technology stock is said to be in the money. When it comes to buying Align Technology's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' options written on Align Technology are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Align Current Options Market Mood

Align Technology's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Align Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Align Technology's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Align Technology's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Align Technology's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Additional Align Technology Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Align Technology is a key component of Align Technology valuation and have some predictive power on the future returns of a Align Technology.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Align Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Align Technology in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
550.38613.94615.86
Details
Intrinsic
Valuation
LowReal ValueHigh
575.30577.22672.68
Details
Naive
Forecast
LowNext ValueHigh
556.02557.94559.86
Details
Earnings
Estimates (4)
LowProjected EPSHigh
8.919.109.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Align Technology. Your research has to be compared to or analyzed against Align Technology's peers to derive any actionable benefits. When done correctly, Align Technology's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Align Technology.

Additional Align Technology Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Align Technology is a key component of Align Technology valuation and have some predictive power on the future returns of a Align Technology.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Align Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Align Technology in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
550.38613.94615.86
Details
Intrinsic
Valuation
LowReal ValueHigh
575.30577.22672.68
Details
Naive
Forecast
LowNext ValueHigh
556.02557.94559.86
Details
Earnings
Estimates (4)
LowProjected EPSHigh
8.919.109.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Align Technology. Your research has to be compared to or analyzed against Align Technology's peers to derive any actionable benefits. When done correctly, Align Technology's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Align Technology.

Currently Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Manufacturing
Invested over 40 shares
Macroaxis Picks
Invested over 50 shares
Macroaxis Index
Invested few shares
Investor Favorites
Invested over 100 shares
Millennials Best
Invested few shares
Impulse
Invested over 50 shares
Please continue to Macroaxis Advice on Align Technology to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. Note that the Align Technology information on this page should be used as a complementary analysis to other Align Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Align Technology price analysis, check to measure Align Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Align Technology is operating at the current time. Most of Align Technology's value examination focuses on studying past and present price action to predict the probability of Align Technology's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Align Technology's price. Additionally, you may evaluate how the addition of Align Technology to your portfolios can decrease your overall portfolio volatility.
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The data published in Align Technology's official financial statements usually reflect Align Technology's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Align Technology. For example, before you start analyzing numbers published by Align accountants, it's critical to develop an understanding of what Align Technology's liquidity, profitability, and earnings quality are in the context of the Healthcare space in which it operates.
Please note, the presentation of Align Technology's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Align Technology's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Align Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Align Technology. Please utilize our Beneish M Score to check the likelihood of Align Technology's management to manipulate its earnings.