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分析师Michael Cherny维持$艾利科技 (ALGN.US)$持有评级，并将目标价从349美元下调至235美元。
根据TipRanks数据显示，该分析师近一年总胜率为46.2%，总平均回报率为1.7%。
此外，综合报道，$艾利科技 (ALGN.US)$近期主要分析师观点如下：
由于未达预期的成交量和第四季度目标短缺，艾利科技的股票可能会经历下跌，背景是持续疲弱的需求。尽管如此，公司的表现可能会得到一项强劲的回购计划和预计到2025年的毛利改善的支持，同时努力管理其可控范围内的方面。
艾利科技第三季度没有太大的惊喜，尽管营业收入略低于一般共识。预计在此次报道后，2025年的营业收入预期将有所下降。尽管如此，由于股票在报道之前已经经历了下降，目前交易价约为2025年预期收益的20倍，进一步显著下降可能会受到限制。
该公司指出，艾利科技第三季度的营业收入和病例发货量均低于街道预期和公司自身的指导，而第四季度的预测低于预期。这些发展不被视为积极，预计将对股票产生负面影响。
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分析师总胜率为近一年分析师的评级成功次数占总评级次数的比率。评级的成功与否，取决于TipRanks的虚拟投资组合是否从该股票中产生正回报。
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