Leerink Partners analyst Michael Cherny maintains $Align Technology (ALGN.US)$ with a hold rating, and adjusts the target price from $349 to $235.
According to TipRanks data, the analyst has a success rate of 46.2% and a total average return of 1.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Align Technology (ALGN.US)$'s main analysts recently are as follows:
Align Technology's shares may experience a decline as a result of volumes that did not meet expectations and fourth-quarter targets falling short of both internal and broader market projections, set against the backdrop of persistent weak demand. Despite this, the company's performance may be bolstered by a robust buyback program and anticipated margin improvements by 2025, alongside efforts to manage aspects within its control.
The third quarter for Align Technology presented minimal surprises, though revenue was slightly below the general consensus. It is anticipated that there will be a reduction in top-line estimates for the year 2025 after this reporting. Despite this, with the stock having already experienced a downturn prior to the report, and currently trading at approximately 20 times the estimated earnings for 2025, further significant declines might be constrained.
The firm noted that Align Technology's third-quarter revenue and case shipments fell short of both the Street's expectations and the company's own guidance, while the forecast for the fourth quarter was set below expectations. These developments are not seen as positive and are anticipated to impact the stock negatively.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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Leerink Partners分析師Michael Cherny維持$艾利科技 (ALGN.US)$持有評級，並將目標價從349美元下調至235美元。
根據TipRanks數據顯示，該分析師近一年總勝率為46.2%，總平均回報率為1.7%。
此外，綜合報道，$艾利科技 (ALGN.US)$近期主要分析師觀點如下：
由於未達預期的成交量和第四季度目標未能達到公司內部和更廣泛市場預期，加上持續疲弱的需求背景，艾利科技的股票可能會出現下滑。儘管如此，公司的表現有望通過強勁的回購計劃和預期到2025年利潤率改善來提振，同時努力管理其可控範圍內的方面。
艾利科技第三季度幾乎沒有令人意外之處，儘管營業收入略低於一般共識。預計在此次報告之後，2025年的上線估算將有所減少。儘管如此，由於股票在報告之前已經經歷了下跌，並且目前交易的價格約爲2025年預期收益的20倍，進一步顯著下跌可能會受到限制。
該公司指出，艾利科技第三季度的營收和銷售量均低於華爾街的預期和公司自身的指導，而第四季度的預測也低於預期。這些發展並不被看好，並預計會對股價產生負面影響。
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分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
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