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Investing.com - Needham has reiterated its Hold rating on Align Technology (NASDAQ:ALGN) following the company’s third-quarter 2025 results, which exceeded revenue expectations. The dental equipment maker’s shares currently trade at $131.91, down nearly 37% year-to-date and significantly below its 52-week high of $246.19.
The dental equipment maker reported better-than-expected revenue for the quarter, with the outperformance primarily driven by strength in its Clear Aligner business segment.
Align is experiencing robust Clear Aligner growth in international markets and within the domestic dental service organization (DSO) channel, though the retail channel continues to show weakness.
The company’s management reaffirmed its outlook for 2026, projecting 5-15% revenue growth with more than 100 basis points of margin improvement, which could potentially exceed current consensus estimates.
Needham maintained its Hold rating on Align Technology stock, noting that while the third-quarter results were encouraging, the firm believes the risk/reward profile remains balanced at current levels.
In other recent news, Align Technology reported its third-quarter 2025 earnings, showcasing a performance that exceeded expectations. The company achieved an earnings per share (EPS) of $2.61, surpassing analysts’ forecast of $2.42, marking a 7.85% positive surprise. Revenue figures also outperformed projections, reaching $995.7 million compared to the anticipated $975.92 million. Following this strong performance, Leerink Partners raised its price target for Align Technology from $172 to $189, maintaining an Outperform rating. Leerink highlighted the company’s "solid upside across the board" in its third-quarter results, attributing the success to a combination of volume increases and stable average selling prices. The firm also noted improvements in revenue and margins despite a weaker performance in the equipment segment. These developments reflect Align Technology’s ability to navigate challenges and deliver robust financial results.
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