The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

ALGN

Concerning the House

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.

United States · www.aligntech.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$4.03B+18.8%
Gross profit$2.71B+17.7%
Operating income$643.34M+13.0%
Net income$445.05M+14.8%
Cash from ops$785.78M+22.0%
Quotation

$176.20

+2.18 (+1.3%)

52w hi$197.51
52w lo$124.88
Vol524.46K
As ofAug 13
The Verdict

Hold

Our score -0.03

Short-0.21
Medium+0.07
Long+0.12

computed 2026-08-13

By the Numbers

Align Technology, Inc.

Healthcare · Medical Instruments & Supplies

Market cap$12.52B
Enterprise value$11.38B
Trailing P/E30.59x
Forward P/E14.04x
EV / EBITDA12.51x
P / S (ttm)3.02x
Profit margin10.0%
Return on equity10.2%
Revenue growth+4.3%
Earnings growth-12.1%
Debt / equity2.85
Risk Metrics
Beta vs SPX1.36
Corr SPX0.47
Annual vol47.2%
Annual ret+2.5%
Sharpe0.05
Max DD-51.4%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.18
Sector+0.12
Technical-0.08
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$175.61$176.49$172.85$176.20524.46K
Aug 12$172.96$174.74$169.46$174.02658.40K
Aug 11$174.67$178.46$172.80$172.96549.90K
Aug 10$173.02$176.49$172.70$176.04643.60K
Aug 7$169.15$173.84$165.00$173.66870.10K