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Morningstar

Morningstar

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Oct 29, 2026

Align Technology, Inc.: Align Earnings: Volume Remains Steady, but Lowered Guidance and Leadership Change Raise Questions

Symbols

ALGN

Sector(s)

Healthcare

Rating

Current Price

149.89

Fair Value

Economic Moat

Stewardship

Summary

Align Technology is the leading manufacturer of clear aligners. Invisalign, its main product, was approved by the Food and Drug Administration in 1998 and has since dominated, controlling a lion's share of the market. Invisalign can treat roughly 90% of all malocclusion cases

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