Altair Engineering Inc. (ALTR)

Market Cap	3.66B
Revenue (ttm)	554.54M
Net Income (ttm)	-31.75M
Shares Out	79.95M
EPS (ttm)	-0.16
PE Ratio	n/a
Forward PE	51.81
Dividend	n/a
Ex-Dividend Date	n/a

Volume	139,353
Open	45.94
Previous Close	45.49
Day's Range	45.38 - 46.70
52-Week Range	44.92 - 82.96
Beta	1.50
Analysts	Buy
Price Target	66.01 (+44.0%)
Earnings Date	Nov 2, 2022

About ALTR

Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide. The company operates in two segments, Software and Client Engineering Services. The Software segment includes solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytic...

• Industry: Software
• IPO Date: Nov 1, 2017
• CEO: James Scapa
• Employees: 3,050
• Stock Exchange: NASDAQ
• Ticker Symbol: ALTR

Full Company Profile

Financial Performance

In 2021, ALTR's revenue was $532.18 million, an increase of 13.25% compared to the previous year's $469.92 million. Losses were -$8.79 million, -16.25% less than in 2020.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for ALTR stock is "Buy." The 12-month stock price forecast is 66.01, which is an increase of 44.03% from the latest price.

Price Target

$66.01

(44.03% upside)

Analyst Consensus: Buy

Stock Forecasts