Altair Engineering Inc. (ALTR)

Market Cap	6.96B
Revenue (ttm)	612.70M
Net Income (ttm)	-8.93M
Shares Out	83.65M
EPS (ttm)	-0.11
PE Ratio	n/a
Forward PE	64.24
Dividend	n/a
Ex-Dividend Date	n/a

Volume	366,088
Open	83.49
Previous Close	83.45
Day's Range	82.01 - 83.45
52-Week Range	57.59 - 92.92
Beta	1.42
Analysts	Buy
Price Target	90.00 (+8.21%)
Earnings Date	May 2, 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

Financial Performance

In 2023, ALTR'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 6 analysts, the average rating for ALTR stock is "Buy." The 12-month stock price forecast is $90.0, which is an increase of 8.21% from the latest price.

Price Target

$90.0

(8.21% upside)

Analyst Consensus: Buy