Altair Engineering Inc. (ALTR)
Market Cap | 9.52B |
Revenue (ttm) | 665.79M |
Net Income (ttm) | 14.18M |
Shares Out | 85.18M |
EPS (ttm) | 0.16 |
PE Ratio | 671.74 |
Forward PE | 81.76 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 651,421 |
Open | 111.73 |
Previous Close | 111.78 |
Day's Range | 111.56 - 112.20 |
52-Week Range | 75.71 - 113.12 |
Beta | 1.42 |
Analysts | Hold |
Price Target | 100.83 (-9.8%) |
Earnings Date | Feb 20, 2025 |
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 ... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for ALTR stock is "Hold." The 12-month stock price forecast is $100.83, which is a decrease of -9.80% from the latest price.
News
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Altair Announces Fourth Quarter and Full Year 2024 Financial Results
TROY, Mich., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, today released its financial results for the fourth quarter and full year ended Dec...
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Altair Releases Altair® HyperWorks® 2025
New capabilities and enhancements make a zero-prototype world possible TROY, Mich. , Feb. 19, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, is thrilled to ...
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Altair and LTTS Launch 5G-6G Wireless Center of Excellence to Shape the Future of Telecommunications Innovation
CoE to provide leading 5G-6G capabilities for clients in telecommunications, smart factories, connected vehicles, and healthcare TROY, Mich. , Feb. 13, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a gl...
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Altair Announces Future.Industry 2025 Global Event
Virtual event will bring together thought leaders, industry experts, and visionaries to explore how technology is transforming the ways we live, work, and beyond TROY, Mich. , Feb. 12, 2025 /PRNewswir...
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Meridian Flight Systems Joins Altair Aerospace Startup Acceleration Program (ASAP)
Meridian to utilize Altair software and services to enhance development of Corra UAV and HERMES projects TROY, Mich. , Feb. 6, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computatio...
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Altair Announces Next-Level Enhancements Within Altair® HPCWorks® 2025
Enhancements and new capabilities further bolster the market's leading HPC and cloud platform TROY, Mich. , Feb. 5, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelli...
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2025 Altair Enlighten Award Open for Submissions
Award spotlights the automotive industry's finest innovations in sustainable, lightweight design TROY, Mich. , Feb. 4, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational inte...
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Altair and Cranfield University Sign MoU to Advance Use of Simulation, Data Analytics, and AI
Altair solutions help students and startups pioneer next-generation advancements in aerospace and robotics TROY, Mich. , Jan. 28, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in comput...
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Altair Engineering Inc. Stockholders Approve Proposed Merger with Siemens
TROY, Mich. , Jan. 22, 2025 /PRNewswire/ -- Altair Engineering Inc. ("Altair") (Nasdaq: ALTR), a global leader in computational intelligence, today announced that its stockholders voted at a special m...
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ALTAIR ENGINEERING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Altair Engineering Inc. - ALTR
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Altair Engineeri...
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Altair® RapidMiner® Unlocks Next-Level Capabilities with Advanced AI Agent Framework
Platform empowers users to seamlessly build and deploy advanced AI agents TROY, Mich. , Dec. 18, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced th...
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Altair Announces Partnership with CGI to Drive IT Modernization and AI Innovation
TROY, Mich. , Dec. 12, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, has announced a partnership with CGI, one of the largest independent IT and business c...
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Altair and Auburn University to Collaborate on $1.25 Million AFWERX Contract to Advance Vortex Rocket Engines
Altair® FlightStream™ to improve engine performance in a fraction of the time compared to traditional methods TROY, Mich. , Dec. 4, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in compu...
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Altair Technology Powers Cleveland Golf's New HiBore XL Driver
Altair® HyperWorks® platform empowers Cleveland Golf to break free from traditional design limits TROY, Mich. , Nov. 19, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational in...
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Altair Solutions Now Supported on NVIDIA Grace Hopper and Grace CPU Superchip Architectures
Altair simulations run twice as fast on NVIDIA Hopper series as its predecessor TROY, Mich. , Nov. 18, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, anno...
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Altair Collaborates with Aerospace Startup Moya Aero to Develop eVTOLs
The collaboration, established within Altair's Aerospace Startup Acceleration Program (ASAP), will accelerate product development and slash prototyping costs TROY, Mich. , Nov. 13, 2024 /PRNewswire/ -...
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Altair Signs Collaboration Agreement with the European Space Agency
Altair software available to organizations through ESA Partnership Initiative for Commercialisation (EPIC) TROY, Mich. , Nov. 12, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in comput...
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Altair® PollEx™ for ECAD Now Available
Solution empowers engineers with advanced PCB verification tools at no cost TROY, Mich. , Nov. 7, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced ...
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ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Altair Engineering Inc.
NEW YORK , Oct. 31, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Altair Engineering Inc. (NASDAQ: ALTR) and its board of directors concerning the propos...
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Altair Announces Third Quarter 2024 Financial Results
TROY, Mich., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), today released its financial results for the third quarter and nine months ended September 30, 2024.
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Altair Signs Definitive Agreement with Siemens to be Acquired for $10.6 Billion
TROY, Mich., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, today announced that it has entered into a definitive agreement to be acquired by S...
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Altair Announces Date of Third Quarter 2024 Financial Results Conference Call
TROY, Mich., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, will release its financial results for the third quarter ended September 30, 2024 a...
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Altair Drives Aerospace Innovation at Motivo
Altair's best-in-class consulting expertise and AI-powered engineering technology help Motivo deliver superior product designs TROY, Mich. , Oct. 15, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a gl...
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Altair Names Cimatron, part of Sandvik Group, as Global Channel Partner
Cimatron to offer Altair Inspire's injection molding and metal forming simulation solutions TROY, Mich. , Oct. 10, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intellig...
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Altair and Technical University of Munich Discover Breakthrough in Quantum Computing for Computational Fluid Dynamics
Research details solutions for several key challenges of quantum computing implementation TROY, Mich. , Oct. 9, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligenc...