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Stock impact report

Align Technology (ALGN) Gains From Innovation, Macro Issues Ail [Yahoo! Finance]

Align Technology, Inc. (ALGN) 
Last align technology, inc. earnings: 4/29 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.aligntech.com/investor-relations
Company Research Source: Yahoo! Finance
Yet, we are concerned about the current economic uncertainty that continues to cast a negative impact on Align Technology's dental procedures. The stock carries a Zacks Rank #3 (Hold). Align Technology is strategically capturing the growing malocclusion market, one of the most prevalent clinical dental conditions in the world. According to Align Technology's May 2023 data, it is currently affecting approximately 60% to 75% of the global population. The company estimates that there are approximately 500 million people globally with malocclusion. This represents a significant growth opportunity for Align Technology to increase its share of the existing global market of orthodontic case starts, especially among teens, and expand the market for digital orthodontics, especially among adults. Till the end of 2023, the company achieved several major milestones, including 17 million Invisalign patients treated with 4.7 million teens. Total Invisalign Clear Aligner shipments for teens and Show less Read more
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