ALTAIR ENGINEERING INC - A (ALTR) Forecast, Price Target & Analyst Ratings

NASDAQ:ALTRUS0213691035

Current stock price

111.85 USD
+0.16 (+0.14%)
At close:
112.71 USD
+0.86 (+0.77%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ALTAIR ENGINEERING INC - A (ALTR).

Forecast Snapshot

Consensus Price Target

Price Target
$110.70
-1.03% Downside

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 30, 2025
Period
Q1 / 2025
EPS Estimate
$0.43
Revenue Estimate
190.28M

ChartMill Buy Consensus

Rating
51.67%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$110.70
Upside
-1.03%
From current price of $111.85 to mean target of $110.70, Based on 12 analyst forecasts
Low
$96.07
Median
$115.26
High
$118.65

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for ALTR. The average price target is 110.7 USD. This implies a price decrease of -1.03% is expected in the next year compared to the current price of 111.85.

Analyst Ratings & History

Current Analyst Ratings

ALTR Current Analyst RatingALTR Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8

Analyst Ratings History

ALTR Historical Analyst RatingsALTR Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
51.67%
ALTR was analyzed by 12 analysts. The buy percentage consensus is at 52. So analysts seem to be rather neutral about ALTR.
In the last month the buy percentage fell by 21 points. So the trust of analysts is decreasing.
ALTR was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2025-02-24RosenblattMaintains Neutral -> Neutral
2025-02-21NeedhamReiterate Hold -> Hold
2024-10-31William BlairDowngrade Outperform -> Market Perform
2024-10-31NeedhamDowngrade Buy -> Hold
2024-10-31RBC CapitalMaintains Sector Perform -> Sector Perform
2024-10-31RosenblattMaintains Neutral -> Neutral
2024-10-31Loop CapitalDowngrade Buy -> Hold
2024-10-23RBC CapitalReiterate Sector Perform -> Sector Perform
2024-08-02NeedhamReiterate Buy -> Buy
2024-08-02Goldman SachsDowngrade Neutral -> Sell
2024-07-15JP MorganDowngrade Overweight -> Neutral
2024-05-03NeedhamReiterate Buy -> Buy
2024-05-03RosenblattMaintains Neutral -> Neutral
2024-04-29RosenblattMaintains Neutral -> Neutral
2024-03-26JP MorganMaintains Overweight -> Overweight
2024-03-25NeedhamReiterate Buy -> Buy
2024-03-21RBC CapitalReiterate Sector Perform -> Sector Perform
2024-02-23OppenheimerMaintains Outperform -> Outperform
2024-02-23RBC CapitalReiterate Sector Perform -> Sector Perform
2024-02-23RosenblattDowngrade Buy -> Neutral
2023-12-22JP MorganInitiate Overweight
2023-08-29RosenblattReiterate Buy -> Buy
2023-08-04NeedhamReiterate Buy
2023-08-04RBC CapitalMaintains Sector Perform -> Sector Perform
2023-08-04RosenblattMaintains Buy -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 30, 2025
Period
Q1 / 2025
EPS Estimate
$0.43
Revenue Estimate
190.28M
Revenue Q2Q
10.04%
EPS Q2Q
8.53%
Number of Analysts
9

Next Earnings Revisions

Revenue (1 Month)
-0.48%
Revenue (3 Months)
-0.61%
EPS (1 Month)
-0.05%
EPS (3 Months)
-2.72%

Next Earnings Summary

ALTR is expected to report earnings on 4/30/2025. The consensus EPS estimate for the next earnings is 0.43 USD and the consensus revenue estimate is 190.28M USD.
The next earnings revenue estimate has been revised downward by 0.61% in the past 3 months.

Full Analyst Estimates 2025 - 2027

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2022 2023 2024 2025 2026 2027
Revenue
YoY % growth
ALTR revenue by date.ALTR revenue by date.
572.2M
7.52%
612.701M
7.08%
665.788M
8.66%
729.96M
9.64%
783.27M
7.30%
865.98M
10.56%
EBITDA
YoY % growth
ALTR ebitda by date.ALTR ebitda by date.
28.6M
-33.55%
39.367M
37.65%
59.849M
52.03%
198.98M
232.47%
189.21M
-4.91%
218.38M
15.42%
EBIT
YoY % growth
ALTR ebit by date.ALTR ebit by date.
-6.9M
-139.66%
243K
103.52%
17.685M
7,177.78%
158.47M
796.07%
191.32M
20.73%
N/A
Operating Margin
ALTR operating margin by date.ALTR operating margin by date.
-1.21%0.04%2.66%21.71%24.43%N/A
EPS
YoY % growth
ALTR eps by date.ALTR eps by date.
0.87
27.94%
1.11
27.59%
1.32
18.92%
1.37
3.89%
1.64
19.82%
1.80
9.25%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25 Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth
0.43
8.53%
0.21
29.41%
0.23
-3.31%
0.52
-0.37%
0.50
15.19%
0.29
40.89%
0.34
46.15%
0.59
13.61%
Revenue
Q2Q % growth
190.28M
10.04%
160.67M
7.98%
167.79M
10.79%
208.13M
16.03%
205.36M
7.93%
180.85M
12.56%
189.62M
13.01%
219.1M
5.27%
EBITDA
Q2Q % growth
46.512M
52.23%
22.644M
134.56%
31.108M
16.04%
71.11M
33.84%
54.876M
17.98%
30.396M
34.23%
31.212M
0.33%
72.828M
2.42%
EBIT
Q2Q % growth
47.447M
126.64%
21.091M
312.98%
27.094M
728.34%
60.738M
453.93%
53.142M
12.00%
30.498M
44.60%
52.836M
95.01%
70.686M
16.38%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

ALTR Yearly Revenue VS EstimatesALTR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M
ALTR Yearly EPS VS EstimatesALTR Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.5 1 1.5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
10.79%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
9.00%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
16.18%
EBIT Next 5 Year
N/A

ALTAIR ENGINEERING INC - A / ALTR Forecast FAQ

What is the average price target for ALTAIR ENGINEERING INC - A (ALTR) stock?

12 analysts have analysed ALTR and the average price target is 110.7 USD. This implies a price decrease of -1.03% is expected in the next year compared to the current price of 111.85.

Can you provide the upcoming earnings date for ALTAIR ENGINEERING INC - A?

ALTAIR ENGINEERING INC - A (ALTR) will report earnings on 2025-04-30, after the market close.

Can you provide the consensus estimates for ALTAIR ENGINEERING INC - A next earnings?

The consensus EPS estimate for the next earnings of ALTAIR ENGINEERING INC - A (ALTR) is 0.43 USD and the consensus revenue estimate is 190.28M USD.

How many analysts have analysed ALTAIR ENGINEERING INC - A (ALTR)?

The number of analysts covering ALTAIR ENGINEERING INC - A (ALTR) is 12.