Evercore cuts target for Align Technology stock from USD 220 to USD 155
Published on 10/05/2026 at 17:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Align Technology stock was trading at EUR 126.13 at Lang & Schwarz on October 5, 2026 at 5:00 p.m. CEST, down 2.41 percent from the prior close of EUR 129.25. On October 5, 24/7 Wall St. reported that Evercore ISI downgraded the company from Outperform to In Line and cut its price target from USD 220 to USD 155.
Evercore resets its valuation
The target reduction amounts to 29.55 percent, moving the analyst view from USD 220 to USD 155. The downgrade gives the stock a fresh valuation hurdle ahead of Align Technology's third-quarter results, which are scheduled for October 28, 2026, according to Yahoo Finance.
Clear aligners offset scanner pressure
Align Technology generated USD 1.06 billion of revenue in the second quarter of 2026, up 4.30 percent from the same quarter a year earlier, as reported by Yahoo Finance. Clear Aligner revenue reached a record USD 870.90 million and case shipments totaled 691,800, while Systems and Services revenue fell 10.80 percent during the same period.
Management guided for third-quarter 2026 revenue of USD 1.00 billion to USD 1.02 billion and expects full-year 2026 revenue growth of 3.00 percent to 4.00 percent, according to Yahoo Finance. The contrast between aligner demand and scanner pressure makes the October report important for judging whether growth can broaden beyond the core product.
Stock trades near its yearly low
At EUR 126.13, the Lang & Schwarz quote stood above the 52-week low equivalent context of USD 124.91 and below the 52-week high of USD 200.44 on October 5, 2026; the currencies are not combined in a percentage calculation. Align Technology's market capitalization was USD 10.1 billion on the same date.
The further course of trading is shown by the continuously updated real-time quote of Align Technology stock.
Align Technology market facts
- Company: Align Technology, Inc.
- ISIN: US0162551016
- Ticker: ALGN
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of October 5, 2026, 5:00 p.m. CEST: EUR 126.13
- Change versus prior close: minus 2.41 percent
- Prior close Lang & Schwarz October 2, 2026: EUR 129.25
- Market capitalization: USD 10.1 billion as of October 5, 2026
- 52-week range: USD 124.91-200.44 as of October 5, 2026
- Sector / Industry: Healthcare / Medical Devices
- Next earnings date: October 28, 2026
