ALGN

Stock

Align Technology, Inc.

Very rare

This is the kind of decline worth waking up for.

Align Technology, Inc. is 75.6% off its high — among the deepest declines in its recorded history.

Price $178.17 · as of Jul 9, 2026All-time high $729.92Drawdown -75.6%Severity Score™ 13.6
🔴

Historic

Current Drawdown

-75.6%

Days in Drawdown

1765

Avg Max Drawdown

6.7%

Avg Length

54

Drawdown Severity Score™

13.6

ALGN - Price & High Water Mark

ALGN - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 8, 2026 · updated daily

Where today's valuation sits within ALGN's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

3.2xBelow Typical · 15th percentile
Low: 1.2xMedian: 5.8xHigh: 21.5x

20 years of daily history

84.9% below its highest Price to Sales reading · 8.0x typical multiple drawdown · high date February 5, 2021

Price to Sales history

EV to EBITDA

14.6xBelow Typical · 10th percentile
Low: 8.3xMedian: 26.6xHigh: 2661.4x

20 years of daily history

99.5% below its highest EV to EBITDA reading · 6.5x typical multiple drawdown · high date October 13, 2006

EV to EBITDA history · log scale

How we measure valuation

Align Technology, Inc. (ALGN) Analysis: Current Drawdown Insights

Align Technology, Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $178.17, which represents a 75.6% decline from its all-time high of $729.92. This drawdown has persisted for 1765 days.

Based on its full tracked price history, Align Technology, Inc. typically experiences drawdowns averaging 6.7% in depth, with an average duration of 54 days. Align Technology, Inc. has gone through 135 total drawdown events in its tracked history. The largest drawdown on record for Align Technology, Inc. was 92.3%, beginning in 2001. The longest drawdown duration on record was 1622 days.

The Drawdown Severity Score™ for Align Technology, Inc. currently stands at 13.56. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score above 12.0 indicates a historic, once-in-a-decade event: declines of this magnitude are extraordinarily rare in this asset's tracked history and can also signal fundamental changes worth investigating.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Align Technology, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 135 tracked pullbacks (65 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2021-09-08Ongoing1765 days-75.6%$729.92$178.17n/a
2021-09-032021-09-086 days-1.8%$729.03$716.21$729.92
2021-08-262021-09-017 days-2.8%$716.90$696.56$718.72
2021-08-052021-08-2420 days-4.6%$708.01$675.26$712.84
2021-07-132021-07-2917 days-7.4%$642.86$595.56$676.98
2021-07-062021-07-094 days-3.1%$624.17$604.67$627.19
2021-04-282021-07-0266 days-11.8%$621.76$548.64$624.17
2021-02-082021-04-2778 days-20.0%$620.45$496.07$621.76
2021-01-112021-02-0425 days-10.7%$570.53$509.64$615.16
2021-01-062021-01-072 days-0.6%$543.65$540.39$558.36
2020-12-232021-01-0514 days-3.0%$536.59$520.45$543.65
2020-12-072020-12-1711 days-3.3%$521.72$504.31$526.72
2020-11-062020-12-0126 days-10.3%$491.91$441.35$500.10
2020-10-262020-11-0410 days-9.3%$469.56$426.08$483.46
2018-09-262020-10-22758 days-65.0%$392.98$137.72$453.23
2018-09-172018-09-259 days-3.0%$390.16$378.37$392.98
2018-08-312018-09-1415 days-4.8%$387.05$368.64$390.16
2018-07-262018-08-2733 days-8.7%$381.77$348.58$381.87
2018-07-242018-07-252 days-1.3%$377.50$372.59$381.77
2018-07-192018-07-202 days-0.5%$372.31$370.32$375.38
2018-06-192018-07-1729 days-8.5%$370.10$338.68$370.53
2018-06-152018-06-184 days-1.0%$366.27$362.66$370.10
2018-06-072018-06-082 days-2.0%$346.37$339.32$346.67
2018-05-222018-05-232 days-1.5%$302.46$297.86$308.20
2018-05-142018-05-163 days-0.9%$286.49$283.77$287.96
2018-01-292018-05-11102 days-22.3%$283.97$220.71$286.49
2018-01-182018-01-247 days-1.9%$272.25$267.10$272.28
2017-11-292018-01-1750 days-17.2%$264.23$218.76$272.25
2017-11-222017-11-276 days-0.8%$256.43$254.38$262.42
2017-11-172017-11-204 days-0.4%$254.92$253.89$255.51
2017-11-152017-11-162 days-1.9%$254.02$249.19$254.92
2017-11-092017-11-135 days-1.3%$252.74$249.46$253.73
2017-11-012017-11-033 days-2.3%$238.98$233.47$241.35
2017-10-302017-10-312 days-0.2%$235.94$235.57$238.98
2017-10-252017-10-273 days-1.0%$203.72$201.75$235.94
2017-10-182017-10-192 days-0.0%$194.27$194.23$196.85
2017-10-122017-10-132 days-0.0%$192.46$192.38$192.81
2017-09-212017-10-1121 days-3.0%$188.78$183.04$192.46
2017-09-192017-09-202 days-0.6%$188.34$187.18$188.78
2017-09-132017-09-186 days-1.1%$185.66$183.57$188.34
2017-09-062017-09-072 days-1.5%$179.33$176.63$179.99
2017-08-172017-09-0520 days-5.9%$178.46$167.98$179.33
2017-08-102017-08-156 days-2.6%$175.77$171.23$177.97
2017-08-082017-08-092 days-0.2%$174.01$173.62$175.77
2017-07-312017-08-078 days-3.4%$173.06$167.23$174.01
2017-07-252017-07-284 days-2.4%$161.19$157.26$173.06
2017-07-212017-07-244 days-0.8%$160.17$158.87$161.19
2017-07-182017-07-192 days-0.1%$156.21$156.02$159.28
2017-06-262017-07-1419 days-3.2%$153.50$148.62$154.30
2017-06-092017-06-2315 days-5.5%$151.82$143.41$153.50
2017-06-052017-06-084 days-0.7%$149.70$148.62$151.82
2016-12-192017-02-1761 days-11.0%$101.14$89.98$101.77
2016-09-082016-11-1771 days-12.6%$96.29$84.14$97.24
2015-10-272016-03-02128 days-14.1%$68.27$58.65$68.51
2015-07-212015-10-2395 days-18.3%$66.04$53.94$67.97
2014-01-212015-06-16511 days-30.6%$63.95$44.37$64.29
2013-10-022013-10-1817 days-13.7%$49.26$42.52$57.98
2012-09-142013-07-10300 days-35.2%$39.17$25.39$39.19
2012-07-032012-07-2725 days-12.4%$35.22$30.86$35.82
2007-10-252012-04-021622 days-82.6%$28.70$5.00$28.70
2007-07-262007-10-0471 days-18.6%$27.69$22.55$27.74
2004-04-202007-04-261102 days-75.2%$22.80$5.66$23.60
2004-01-272004-04-1276 days-17.7%$21.79$17.93$22.43
2003-12-022004-01-0737 days-14.7%$18.61$15.88$18.70
2003-11-102003-11-2819 days-12.4%$17.87$15.66$17.94
2001-01-312003-11-031007 days-92.3%$16.88$1.30$16.93

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Align Technology, Inc. (ALGN) is trading at $178.17 as of Jul 9, 2026. It is 75.6% below its high of $729.92. The drawdown has lasted 1,765 days. Severity score: 13.6 (Historic).

ALGN Price History and Drawdown Data

Latest price

$178.17

High-water mark

$729.92

Current drawdown

-75.6%

Days in drawdown

1,765

This ALGN page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Align Technology, Inc. drawdowns.

What History Says About ALGN

Align Technology, Inc. has dropped 20%+ from its high 8 times in its tracked history. These events lasted an average of 685 days with an average max drop of -52.9%.

The current drawdown of -75.6% has lasted 1,765 days, which is 2.6x the average duration of comparable events.

PeriodMax DropDuration
Jan 2001 to Nov 2003-92.3%1007 days
Oct 2007 to Apr 2012-82.6%1622 days
Apr 2004 to Apr 2007-75.2%1102 days
Sep 2018 to Oct 2020-65.0%758 days
Sep 2012 to Jul 2013-35.2%300 days
Jan 2014 to Jun 2015-30.6%511 days

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