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Tempe, Arizona-based Align Technology, Inc. (ALGN) designs, manufactures, and markets Invisalign clear aligners, and iTero intraoral scanners and services for orthodontists and general practitioner dentists. Valued at $12.4 billion by market cap, the company also manufactures software for dental laboratories and dental practitioners.
Shares of this leading manufacturer of clear aligners have underperformed the broader market over the past year. ALGN has declined 30.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 11.6%. In 2025, ALGN’s stock fell 14.4%, compared to the SPX’s marginal gains on a YTD basis.