Align Technology Announces Second Quarter 2022 Financial Results

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Align Technology (ALGN) PT Lowered to $350 at Jefferies

July 28, 2022 8:30 AM EDT

Jefferies analyst Brandon Couillard lowered the price target on Align Technology (NASDAQ: ALGN) to $350.00 (from $365.00) while maintaining a Buy rating.

The analyst commented, "As we previewed (here), 2Q revs/EPS missed consensus. That said, WW case volume (flat Q/Q) showed some stability,... More

Goldman Sachs Double Downgrades Align Technology (ALGN) to Sell, 'Path to recovery looks more challenging'

July 28, 2022 7:03 AM EDT

Goldman Sachs analyst Robert Jones downgraded Align Technology (NASDAQ: ALGN) from Buy to Sell with a price target of $250.00 (from $380.00).

The analyst comments "We downgrade ALGN to Sell from Buy with a revised $250 price target, implying -5% downside (vs. 13% average upside for our Dental coverage). ALGN's 2Q update highlighted the uncertainty of an increasingly challenging... More

Align Technology (ALGN) Misses Q2 EPS by 28c

July 27, 2022 4:14 PM EDT

Align Technology (NASDAQ: ALGN) reported Q2 EPS of $2.00, $0.28 worse than the analyst estimate of $2.28. Revenue for the quarter came in at $969.6 million versus the consensus estimate of $998.02 million.

For earnings history and earnings-related data on Align Technology (ALGN) click here.

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