Are Wall Street Analysts Predicting Align Technology Stock Will Climb or Sink?

Tempe, Arizona-based Align Technology, Inc. (ALGN) designs, manufactures, and markets Invisalign clear aligners, as well as iTero intraoral scanners and services for orthodontists and general practitioner dentists. Valued at a market cap of $13.9 billion, the company’s clear aligner system corrects malocclusion using nearly invisible and removable appliances that gently move the tooth to a desired final position.

This orthodontics company's shares have significantly lagged behind the broader market over the past 52 weeks. Align has declined 41.1% over this time frame, while the broader S&P 500 Index ($SPX) has gained 17%. Moreover, the stock is down 10.5% on a YTD basis, compared to SPX’s 1.3% gain during the same time frame.