7/103 sources · 3 publishersUpdated Oct 8, 20:56 UTC
Evercore ISI cuts Align Technology to In Line and lowers price target
Evercore ISI downgraded Align Technology to In Line from Outperform on October 5 and cut its price target to $155 from $220. Align shares fell 1.7% in pre-market trading ahead of the company’s third-quarter 2026 results, scheduled for October 28. The downgrade followed mixed second-quarter performance and guidance that included third-quarter revenue of $1.0 billion to $1.02 billion.
Why it matters
Evercore ISI’s downgrade and lower price target remove a bullish analyst stance on Align Technology. The next potential company-specific update is its October 28 earnings release.
Key facts
- 1Evercore ISI changed its rating on Align Technology to In Line from Outperform. finance.yahoo.com
- 2Evercore ISI reduced its price target to $155 from $220. marketscreener.com
- 3Align Technology shares fell 1.7% in pre-market trading after the rating action. finance.yahoo.com
- 4Align Technology is scheduled to report third-quarter 2026 results on October 28. finance.yahoo.com
- 5The company guided for third-quarter revenue between $1.0 billion and $1.02 billion. finance.yahoo.com
- 6The company expects full-year 2026 revenue growth between 3% and 4%. finance.yahoo.com
Summary written by AlphAI from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.