“For the six months ended June 30, 2026, other income (expense), net decreased compared to the same period in 2025, primarily due to an unfavorable impact from foreign exchange rates, partially offset by a gain recorded on our equity investment.”10-Q · Aug 5, 2026 ↗
Align Technology, Inc.
ALGN
Market read
Align Technology, Inc.'s move is being confirmed by its market group.
ALGN accounts for 7.3% of the group's measured movement across 5.9 effective names. raw member direction is mixed; 7 of 12 SPY-adjusted paths align to the upside. Capital-flow agreement is 13%, so confirmation is not yet clean. No verified headline preceded the measured group move.
Is this move genuinely shared?
COF, COMP, ICLR moved materially before ALGN. ALGN crossed its material path threshold at 13:15 ET, 85 minutes after the first measured mover. FLYW, CIGI, HIW followed.
7 of 18 members in Real Estate Services are active. 0 of 2 disclosed connections are confirming.
- At least 12 of 18 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as JBGS begins moving with the group.
Invalidation: The live read weakens if participation falls to 6 of 18 members or fewer.
Research brief
The story so far
ALGN accounts for 7.3% of the group's measured movement across 5.9 effective names. raw member direction is mixed; 7 of 12 SPY-adjusted paths align to the upside. Capital-flow agreement is 13%, so confirmation is not yet clean. No verified headline preceded the measured group move.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- At least 12 of 18 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as JBGS begins moving with the group.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Foreign exchange has repeated favorable evidence across 5 filings.
- Operating margin changed -1.7 percentage points in the latest annual period.
- Input and raw-material costs has repeated adverse evidence across 5 filings.
- Product pipeline and R&D has repeated adverse evidence across 5 filings.
- EV/sales is 40% below the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 30, 2026
145.49Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“For the six months ended June 30, 2026, research and development expense increased compared to the same period in 2025 , primarily due to higher employee costs, including salaries, fringe benefits and bonus costs, depreciation on capitalized labor costs relat…”10-Q · Aug 5, 2026 ↗
“For the six months ended June 30, 2026, research and development expense increased compared to the same period in 2025 , primarily due to higher employee costs, including salaries, fringe benefits and bonus costs, depreciation on capitalized labor costs relat…”10-Q · Aug 5, 2026 ↗
“For the six months ended June 30, 2026, research and development expense increased compared to the same period in 2025 , primarily due to higher employee costs, including salaries, fringe benefits and bonus costs, depreciation on capitalized labor costs relat…”10-Q · Aug 5, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 2.6× · EV/sales 2.3×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 30 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for ALGN. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for ALGN. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind ALGN
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
JYNTFiling-linked namepartnerFeb 27, 2026 ▾
“In 2021, we initiated Joint development (“JDA”) and Technology license agreements (“TLA”) to provide us with access to Cubicure’s technology.”
Depended on by
SOLVSolventum CorporationcompetitorFeb 27, 2026 ▾
“Principal multinational competitors within the oral care market include Dentsply Sirona, Envista, and Straumann, all of which compete with both dental and orthodontic solutions, and Ivoclar, which competes with only dental solution offerings, and Align Techno…”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
ALGN is currently a Participant in the organic co-movement group Real Estate Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.