Financial PerformanceAlign Technology's third-quarter revenue and case shipments missed expectations, and management's guidance for the fourth quarter was below expectations, which is not encouraging and likely sends shares lower.
Market ConditionsManagement provided fourth-quarter revenue guidance below consensus as macro dynamics continue to negatively impact the clear aligner market, particularly in the US.
Stock ValuationAnalyst is lowering the price target from $257 to $235 due to both lower estimates and broader growth uncertainties.