Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Angelalign Technology Inc. ( (HK:6699) ) has shared an announcement.
Angelalign Technology Inc. has announced a significant increase in its projected net profit for the first half of 2025, expecting a rise of approximately 538.1% to 604.8% compared to the same period in 2024. This growth is attributed to strategic pricing adjustments in China, a delay in setting up non-China manufacturing facilities, and a low profit base from the previous year. The company is also focusing on expanding its global presence and supply chain resilience, despite regulatory uncertainties in China and potential tariff challenges in Brazil.
The most recent analyst rating on (HK:6699) stock is a Buy with a HK$69.55 price target. To see the full list of analyst forecasts on Angelalign Technology Inc. stock, see the HK:6699 Stock Forecast page.
More about Angelalign Technology Inc.
Angelalign Technology Inc. is a company incorporated in the Cayman Islands, operating in the dental technology industry. It specializes in providing clear aligner solutions, focusing on both the Chinese and non-Chinese markets.
Average Trading Volume: 734,819
Technical Sentiment Signal: Sell
Current Market Cap: HK$9.59B
See more data about 6699 stock on TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money