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:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
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：
艾利科技的股票可能會因成交量未達預期和第四季度目標未能達到內部和更廣泛市場預期，背景是持續疲弱的需求而出現下滑。儘管如此，該公司的表現可能會受到強勁的回購計劃和預計到2025年利潤改善的支持，同時努力管理其可控制的方面。
艾利科技第三季度並未出現太多驚喜，儘管營業收入略低於普遍共識。預計在此報告之後，2025年的全年營收預期可能會有所下調。儘管如此，由於股票在報告之前已經經歷了下滑，目前交易價格約爲2025年預計收益的20倍，進一步的顯著下滑可能會受到限制。
該公司指出，艾利科技第三季度的營收和案例發貨量均未達到街頭預期和公司自身預期，同時第四季度的預測低於預期。這些發展並不被視爲積極的，預計將對股票產生負面影響。
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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。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
