Align Technology falls after forecasting annual revenue below estimates
ALGN•Align Technology forecast 2026 revenue of $4.11 billion to $4.13 billion, below analysts’ $4.15 billion estimate. It reported third-quarter adjusted earnings of $2.80 per share and revenue of $1.015 billion, both above estimates, and appointed Jennifer Davis as CEO effective December 31.
1. Outlook and results
Align Technology shares fell 1.4% in extended trading after the dental aligners maker forecast 2026 revenue of $4.11 billion to $4.13 billion, compared with analysts’ $4.15 billion estimate. It forecast fourth-quarter revenue of $1 billion to $1.02 billion, below the $1.048 billion estimate. Third-quarter adjusted earnings were $2.80 per share versus $2.78 expected, and revenue was $1.015 billion versus $1.005 billion expected.
2. CEO appointment
The company appointed Jennifer Davis, former chief executive of Procter & Gamble’s global healthcare business, as president and CEO effective December 31. She will succeed Joseph Hogan, who has led the company since 2015.
