Elliott Invests in Align Technology to Boost Stock Price
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 19 2026
0mins
Should l Buy ALGN?
Source: stocktwits
- Shareholder Engagement: Elliott Investment Management has become one of Align Technology's largest shareholders and plans to engage with the company to encourage strategies for boosting its stock price, indicating a proactive interest in the company's future development.
- Stock Performance: Align Technology's stock has plummeted 75% since its record high in September 2021; however, shares jumped 4% in premarket trading following news of Elliott's investment, reflecting a market reassessment of its future potential.
- Analyst Ratings: According to Koyfin, 11 out of 17 analysts recommend a ‘Buy’ or higher for Align's stock, projecting an average upside of 17% over the next 12 months, demonstrating confidence in the company's international expansion and continued adoption of its Invisalign products.
- Market Sentiment Shift: On the Stocktwits platform, retail investor sentiment for Align has shifted from ‘neutral’ at the beginning of the week to ‘bullish’, indicating a growing optimism among investors regarding the company's future performance.
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Analyst Views on ALGN
Wall Street analysts forecast ALGN stock price to rise
13 Analyst Rating
8 Buy
4 Hold
1 Sell
Moderate Buy
Current: 166.380
Low
169.00
Averages
198.70
High
220.00
Current: 166.380
Low
169.00
Averages
198.70
High
220.00
About ALGN
Align Technology, Inc. is a global medical device company that designs, manufactures, and sells the Invisalign system of clear aligners, iTero intraoral scanners, and exocad computer-aided design and computer-aided manufacturing (CAD/CAM) software for digital orthodontics and restorative dentistry. The Company provides Align Digital Platform. Its segments include Clear Aligner, and Imaging Systems and CAD/CAM Services (Systems and Services). The Clear Aligner segment consists of comprehensive products, non-comprehensive products and non-case products. Its comprehensive products include Invisalign Comprehensive and Invisalign First. The Company's non-case products include retention products, Invisalign training and adjusting tools. It offers up to four sets of custom clear aligners called Vivera retainers. The Systems and Services segment consists of its iTero intraoral scanning systems. Its services include subscription software, disposables, rentals, leases and pay per scan services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Signs of Market Stabilization: Barclays analysts noted in a February 4 report that dental markets may be finding a floor this year, suggesting that Align could recover some lost valuation, with potential trading closer to 12 times EBITDA compared to around 10 times currently, indicating possible upside.
- Historical Valuation Comparison: Although Align's valuation remains below historical averages of 17 and 21 times over three- and five-year periods, respectively, improving market conditions could yield higher returns for investors, particularly as factors related to its Israel manufacturing operations evolve.
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