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Align Technology, Inc. (ALGN)

Healthcare | Medical Instruments & Supplies | Tempe, United States | NasdaqGS
196.44 USD +4.77 (2.491%) ⇧ (April 21, 2026, 12:30 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★★★★☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 11:28 p.m. EDT

Alarmist option positioning suggests a significant, potentially short-term grief trade is being priced in, with heavy defences locked in well below the current price. This disconnects the long-term buy thesis (strong earnings, activist catalyst, low forward P/E) from the immediate equity risk profile, where a deep mean reversion to the $140-$165 zone looks to be the dominant short-term scenario.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.058214
MSTL0.067281
AutoETS0.068217
AutoARIMA0.068217

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 80%
H-stat 0.79
Ljung-Box p 0.000
Jarque-Bera p 0.192
Excess Kurtosis -0.61
Attribute Value
Sector Healthcare
Debt to Equity Ratio 2.826
Revenue per Share 55.622
Market Cap 14,068,139,008
Trailing P/E 34.77
Forward P/E 15.95
Beta 1.81
Profit Margins 10.17%
Website https://www.aligntech.com

As of April 18, 2026, 11:28 p.m. EDT: Extreme Put disparity across the board. April and May expirations show massive volume in OTM puts (145-$170) with high IV, while Call volume beyond the immediate ATM is relatively light or clustered at high strikes (220+) with low OI. Only recent flow at 220 calls suggests a near-term volatility spike above current levels by mid-month, but the overwhelming positioning is protective. The lack of Call gamma above 50 days and the heavy put wall suggests the market expects a heavy retest of support levels in the near to medium term.


Info Dump

Attribute Value
52 Week Change 0.10231781
Address1 410 North Scottsdale Road
Address2 Suite 1300
All Time High 737.45
All Time Low 1.26
Ask 196.59
Ask Size 1
Audit Risk 1
Average Analyst Rating 1.9 - Buy
Average Daily Volume10 Day 934,720
Average Daily Volume3 Month 1,242,068
Average Volume 1,242,068
Average Volume10Days 934,720
Beta 1.811
Bid 196.45
Bid Size 1
Board Risk 5
Book Value 56.739
City Tempe
Compensation As Of Epoch Date 1,483,142,400
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 196.435
Current Ratio 1.363
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 200.25
Day Low 192.35
Debt To Equity 2.826
Display Name Align Technology
Earnings Call Timestamp End 1,777,494,600
Earnings Call Timestamp Start 1,777,494,600
Earnings Growth 0.356
Earnings Quarterly Growth 0.308
Earnings Timestamp 1,777,492,800
Earnings Timestamp End 1,777,492,800
Earnings Timestamp Start 1,777,492,800
Ebitda 851,347,008
Ebitda Margins 0.21099001
Enterprise To Ebitda 14.896
Enterprise To Revenue 3.143
Enterprise Value 12,681,470,976
Eps Current Year 11.28442
Eps Forward 12.3148
Eps Trailing Twelve Months 5.65
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 180.0892
Fifty Day Average Change 16.345795
Fifty Day Average Change Percent 0.09076499
Fifty Two Week Change Percent 10.231781
Fifty Two Week High 208.31
Fifty Two Week High Change -11.875
Fifty Two Week High Change Percent -0.057006385
Fifty Two Week Low 122.0
Fifty Two Week Low Change 74.435
Fifty Two Week Low Change Percent 0.6101229
Fifty Two Week Range 122.0 - 208.31
Financial Currency USD
First Trade Date Milliseconds 980,865,000,000
Float Shares 66,726,491
Forward Eps 12.3148
Forward P E 15.951132
Free Cashflow 483,692,384
Full Exchange Name NasdaqGS
Full Time Employees 20,290
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.69805
Gross Profits 2,816,613,120
Has Pre Post Market Data 1
Held Percent Insiders 0.0682
Held Percent Institutions 0.97315
Implied Shares Outstanding 71,617,275
Industry Medical Instruments & Supplies
Industry Disp Medical Instruments & Supplies
Industry Key medical-instruments-supplies
Ir Website http://investor.aligntech.com/
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Align Technology, Inc. provides Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally. The company's Clear Aligner segment offers Invisalign comprehensive package to treat adults and teens malocclusion and features, and orthodontic needs of teenage or younger patients; and Invisalign First Phase I and Invisalign First Comprehensive Phase 2 package for younger patients between the ages of six and ten years with a mixture of primary/baby and permanent teeth. This segment also provides Invisalign express, Invisalign lite, and Invisalign moderate; Invisalign Go, Invisalign Go express, and Invisalign Go Plus; retention products, Invisalign training, adjusting tools used by dental professionals during treatment, ancillary Invisalign accessory products, and other oral health products; Invisalign Professional Whitening system; Invisalign Palatal Expander, a 3D printed orthodontic device; and 3D printing solutions. Its Imaging Systems and CAD/CAM Services segment offers iTero intraoral scanning system, a single hardware platform for restorative or orthodontic procedures; exocad, a computer-aided design and computer-aided manufacturing software; orthodontist software for digital records storage, orthodontic diagnosis, and fabrication of printed models and retainers; and restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons. This segment also offers Invisalign outcome simulator, a chair-side and cloud-based application for the iTero scanner; Invisalign progress assessment tool; Align Oral Health Suite, a digital interface for dental consultations; iTero TimeLapse technology for doctors or practitioners to compare a patient's historic 3D scans to the present-day scan; and subscription software, disposables, rents scanners, and pay per scan services. Align Technology, Inc. was incorporated in 1997 and is headquartered in Tempe, Arizona.
Long Name Align Technology, Inc.
Market us_market
Market Cap 14,068,139,008
Market State REGULAR
Max Age 86,400
Message Board Id finmb_24568
Most Recent Quarter 1,767,139,200
Net Income To Common 410,351,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 13,726,166,926
Number Of Analyst Opinions 14
Open 193.36
Operating Cashflow 593,222,976
Operating Margins 0.22384001
Overall Risk 7
Payout Ratio 0.0
Peg Ratio 1.0
Phone 602 742 2000
Previous Close 191.66
Price Eps Current Year 17.407629
Price Hint 2
Price To Book 3.4620807
Price To Sales Trailing12 Months 3.4865587
Profit Margins 0.1017
Quick Ratio 1.173
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.875
Region US
Regular Market Change 4.774994
Regular Market Change Percent 2.4913878
Regular Market Day High 200.25
Regular Market Day Low 192.35
Regular Market Day Range 192.35 - 200.25
Regular Market Open 193.36
Regular Market Previous Close 191.66
Regular Market Price 196.435
Regular Market Time 1,776,789,050
Regular Market Volume 652,145
Return On Assets 0.06938
Return On Equity 0.103870004
Revenue Growth 0.053
Revenue Per Share 55.622
Sand P52 Week Change 0.34445214
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 5
Shares Outstanding 71,617,275
Shares Percent Shares Out 0.0608
Shares Short 4,352,518
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 2,361,877
Short Name Align Technology, Inc.
Short Percent Of Float 0.0694
Short Ratio 3.34
Source Interval 15
State AZ
Symbol ALGN
Target High Price 240.0
Target Low Price 169.0
Target Mean Price 204.42857
Target Median Price 205.0
Total Cash 1,094,908,032
Total Cash Per Share 15.36
Total Debt 114,446,000
Total Revenue 4,034,963,968
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 5.65
Trailing P E 34.767254
Trailing Peg Ratio 1.0132
Triggerable 1
Two Hundred Day Average 159.0759
Two Hundred Day Average Change 37.3591
Two Hundred Day Average Change Percent 0.2348508
Type Disp Equity
Volume 652,145
Website https://www.aligntech.com
Zip 85,288