Baird downgrades Align Technology stock to Neutral at USD 162
Published on 10/20/2026 at 20:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Baird downgraded Align Technology to Neutral and set a USD 162.00 target on October 15, 2026.
- Align Technology will report third-quarter 2026 results on October 28, 2026.
- Align Technology stock costs EUR 133.05 at Lang & Schwarz on October 20, 2026 at 8:05 p.m. CEST, 0.15 percent above the Tradegate close of October 20, 2026.
- Align Technology carried a price-to-earnings ratio of 25.96 and a market capitalization of USD 10.6 billion on October 20, 2026.
On October 15, 2026, Baird downgraded Align Technology to Neutral and set a USD 162.00 price target, as reported by MarketScreener. At Lang & Schwarz, Align Technology stock was trading after hours at EUR 133.05 on October 20, 2026 at 8:05 p.m. CEST, plus 0.15 percent versus the Tradegate close of October 20, 2026 at EUR 132.85.
October 28 sets the next test
Align Technology announced on October 1, 2026 that it will release third-quarter 2026 results on October 28 after the US market close. The company scheduled the earnings release for 4:00 p.m. ET and its conference call for 4:30 p.m. ET, according to Align Technology.
The Nasdaq price stays below its high
On Nasdaq, the stock was at USD 149.45 on October 20, 2026 at 2:09 p.m. ET, while its same-source 52-week range stood at USD 130.23 to USD 200.44. That places the Nasdaq price 14.76 percent above the yearly low and 25.43 percent below the yearly high.
Valuation meets the October date
Align Technology had a price-to-earnings ratio of 25.96 and a market capitalization of USD 10.6 billion as of October 20, 2026. The October 28 report will give investors a fresh period figure against the latest quarterly revenue of USD 1.06 billion for the second quarter of 2026.
Comparison with peers
Align Technology: plus 0.15 percent versus the Tradegate close, price-to-earnings ratio 25.96, market capitalization USD 10.6 billion (Nasdaq, USD).
DENTSPLY SIRONA: plus 4.83 percent, price-to-earnings ratio minus 3.22, market capitalization USD 1.8 billion (Nasdaq, USD).
Envista: plus 0.95 percent, price-to-earnings ratio 39.30, market capitalization USD 3.7 billion (Nasdaq, USD).
What the target reset changes
Baird's Neutral rating and USD 162.00 target sit above the Nasdaq price of USD 149.45, while the scheduled results date provides the next dated checkpoint for the stock.
The after-hours euro quote was EUR 133.05 at Lang & Schwarz on October 20, 2026 at 8:05 p.m. CEST, 0.15 percent above the Tradegate close of October 20, 2026 at EUR 132.85. The further course of trading is shown by the continuously updated real-time quote of Align Technology stock.
Align Technology stock facts
- Company: Align Technology, Inc.
- ISIN: US0162551016
- Ticker: ALGN
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 20, 2026, 8:05 p.m. CEST): EUR 133.05
- Change versus Tradegate close: plus 0.15 percent
- Tradegate close (October 20, 2026): EUR 132.85
- Market capitalization: USD 10.6 billion (as of October 20, 2026)
- 52-week range: USD 130.23-200.44 (as of October 20, 2026)
- Sector / Industry: Healthcare / Medical Devices
Market context: Market report Nasdaq Composite.
