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Barchart
Barchart
Neharika Jain

Is Align Technology Stock Outperforming the Nasdaq?

Valued at a market cap of $12.1 billion, Align Technology, Inc. (ALGN) is a medical device leader headquartered in Tempe, Arizona, that pioneered the digital transformation of orthodontics through its flagship Invisalign system. It operates an integrated "Align Digital Platform" that combines advanced 3D software, mass-customized manufacturing, and proprietary materials to treat misaligned teeth without traditional metal braces. 

Companies valued at $10 billion or more are typically classified as “large-cap stocks,” and ALGN fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the medical instruments & supplies industry. The company has treated over 22 million patients worldwide and continues to expand its ecosystem through iTero intraoral scanners and exocad CAD/CAM software, which provide dentists and orthodontists with a seamless end-to-end digital workflow for restorative and orthodontic care. 

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