Altair Engineering Inc. (ALTR)

Market Cap	8.89B
Revenue (ttm)	644.66M
Net Income (ttm)	32.85M
Shares Out	85.18M
EPS (ttm)	0.38
PE Ratio	272.02
Forward PE	75.03
Dividend	n/a
Ex-Dividend Date	n/a

Volume	838,557
Open	104.18
Previous Close	104.25
Day's Range	104.18 - 104.85
52-Week Range	68.87 - 113.12
Beta	1.44
Analysts	Hold
Price Target	100.71 (-3.51%)
Earnings Date	Oct 30, 2024

About ALTR

Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation and design, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates in two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet ...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Nov 1, 2017
• Employees: 3,400
• Stock Exchange: NASDAQ
• Ticker Symbol: ALTR
• Website: https://www.altair.com

Financial Performance

In 2023, Altair Engineering's revenue was $612.70 million, an increase of 7.07% compared to the previous year's $572.22 million. Losses were -$8.93 million, -79.45% less than in 2022.

Analyst Forecast

According to 8 analysts, the average rating for ALTR stock is "Hold." The 12-month stock price forecast is $100.71, which is a decrease of -3.51% from the latest price.

Price Target

$100.71

(-3.51% downside)

Analyst Consensus: Hold