Logo image of ALTR

ALTAIR ENGINEERING INC - A (ALTR) Stock Price, Forecast & Analysis

USA - Nasdaq - NASDAQ:ALTR - US0213691035 - Common Stock

111.85 USD
+0.16 (+0.14%)
Last: 3/25/2025, 8:00:01 PM
112.71 USD
+0.86 (+0.77%)
After Hours: 3/25/2025, 8:00:01 PM

ALTR Key Statistics, Chart & Performance

Key Statistics
Market Cap9.60B
Revenue(TTM)665.79M
Net Income(TTM)14.18M
Shares85.79M
Float58.79M
52 Week High113.12
52 Week Low75.71
Yearly DividendN/A
Dividend YieldN/A
EPS(TTM)1.32
PE84.73
Fwd PE81.56
Earnings (Next)04-30 2025-04-30/amc
IPO2017-11-01
Sector
GICS IndustrySoftware
GICS IndustryGroupSoftware & Services
GICS SubIndustryApplication Software


ALTR short term performance overview.The bars show the price performance of ALTR in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 5 10 15

ALTR long term performance overview.The bars show the price performance of ALTR in the last 1, 2 and 3 years. 1 year 2 years 3 years 20 40 60

The current stock price of ALTR is 111.85 USD. In the past month the price increased by 0.25%. In the past year, price increased by 29.83%.

ALTAIR ENGINEERING INC - A / ALTR Daily stock chart

ALTR Competitors/Peers

The largest stocks on the US markets in the "Application Software" sub-industry
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TA
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PE
Market Cap
PLTR PALANTIR TECHNOLOGIES INC-A 277.73 423.48B
CRM SALESFORCE INC 23 252.19B
APP APPLOVIN CORP-CLASS A 76.66 227.72B
INTU INTUIT INC 31.45 184.33B
ADBE ADOBE INC 16.71 146.51B
SNPS SYNOPSYS INC 36.16 89.51B
CDNS CADENCE DESIGN SYS INC 44.46 85.08B
ADSK AUTODESK INC 29.99 62.75B
WDAY WORKDAY INC-CLASS A 24.74 56.49B
ROP ROPER TECHNOLOGIES INC 22.71 47.91B
DDOG DATADOG INC - CLASS A 69.38 47.69B
MSTR STRATEGY INC 3.43 44.84B

About ALTR

Company Profile

ALTR logo image Altair Engineering, Inc. engages in the provision of software and cloud solutions for product design & development, high performance cloud computing, and data intelligence. The company is headquartered in Troy, Michigan and currently employs 3,300 full-time employees. The company went IPO on 2017-11-01. The company provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics and artificial intelligence (AI). The company operates through two segments: Software and Client Engineering Services. Software segment includes software, software services, and software-related services. The software component of this segment includes its portfolio of software products, including its solvers and optimization technology products, HPC software applications and hardware products, modeling and visualization tools, data analytics and analysis products. Client Engineering Services segment provides client engineering services to support its customers with long-term, ongoing expertise. Its solution, FlightStream, provides computational fluid dynamics (CFD) software with a footprint in the aerospace and defense sectors. The company also offers strategic consulting and training in AI and data analytics.

Company Info

ALTAIR ENGINEERING INC - A

1820 E Big Beaver Rd

Troy MICHIGAN 48083 US

CEO: James R. Scapa

Employees: 3400

ALTR Company Website

ALTR Investor Relations

Phone: 12486142400

ALTAIR ENGINEERING INC - A / ALTR FAQ

What does ALTAIR ENGINEERING INC - A do?

Altair Engineering, Inc. engages in the provision of software and cloud solutions for product design & development, high performance cloud computing, and data intelligence. The company is headquartered in Troy, Michigan and currently employs 3,300 full-time employees. The company went IPO on 2017-11-01. The company provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics and artificial intelligence (AI). The company operates through two segments: Software and Client Engineering Services. Software segment includes software, software services, and software-related services. The software component of this segment includes its portfolio of software products, including its solvers and optimization technology products, HPC software applications and hardware products, modeling and visualization tools, data analytics and analysis products. Client Engineering Services segment provides client engineering services to support its customers with long-term, ongoing expertise. Its solution, FlightStream, provides computational fluid dynamics (CFD) software with a footprint in the aerospace and defense sectors. The company also offers strategic consulting and training in AI and data analytics.


What is the current price of ALTR stock?

The current stock price of ALTR is 111.85 USD. The price increased by 0.14% in the last trading session.


Does ALTAIR ENGINEERING INC - A pay dividends?

ALTR does not pay a dividend.


What is the ChartMill technical and fundamental rating of ALTR stock?

ALTR has a ChartMill Technical rating of 10 out of 10 and a ChartMill Fundamental rating of 5 out of 10.


What is the analyst forecast for 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.


What sector and industry does ALTAIR ENGINEERING INC - A belong to?

ALTAIR ENGINEERING INC - A (ALTR) operates in the Information Technology sector and the Software industry.


Would investing in ALTAIR ENGINEERING INC - A be a good decision?

This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on ALTR.


ALTR Technical Analysis

ChartMill assigns a technical rating of 10 / 10 to ALTR. When comparing the yearly performance of all stocks, ALTR is one of the better performing stocks in the market, outperforming 92.48% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

ALTR Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to ALTR. ALTR is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

ALTR Financial Highlights

Over the last trailing twelve months ALTR reported a non-GAAP Earnings per Share(EPS) of 1.32. The EPS increased by 18.92% compared to the year before.


Industry RankSector Rank
PM (TTM) 2.13%
ROA 0.98%
ROE 1.65%
Debt/Equity 0
Chartmill High Growth Momentum
EPS Q2Q%13.04%
Sales Q2Q%4.59%
EPS 1Y (TTM)18.92%
Revenue 1Y (TTM)8.66%

ALTR Forecast & Estimates

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.

For the next year, analysts expect an EPS growth of 3.89% and a revenue growth 9.17% for ALTR


Analysts
Analysts51.67
Price Target110.7 (-1.03%)
EPS Next Y3.89%
Revenue Next Year9.17%

ALTR Ownership

Ownership
Inst Owners96.66%
Ins Owners2.18%
Short Float %N/A
Short RatioN/A