Altair Engineering Inc. (ALTR)
| Market Cap | 5.24B |
| Revenue (ttm) | 488.62M |
| Net Income (ttm) | -2.17M |
| Shares Out | 74.65M |
| EPS (ttm) | -0.03 |
| PE Ratio | n/a |
| Forward PE | 140.85 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | July 30 |
| Last Price | $69.76 |
| Previous Close | $69.16 |
| Change ($) | 0.60 |
| Change (%) | 0.87% |
| Day's Open | 68.63 |
| Day's Range | 68.62 - 69.76 |
| Day's Volume | 136,854 |
| 52-Week Range | 37.24 - 72.16 |
TROY, Mich., July 22, 2021 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing solutions in simulation, high-performance computing (HPC), and artificial intelligence (AI), w...
TROY, Mich., July 19, 2021 /PRNewswire/ -- Altair (Nasdaq: ALTR) announced that Shekar Ayyar has joined Altair's board of directors.
Altair Engineering's (ALTR) launch of Altair SmartWorks is set to empower augmented, data-driven decision making.
TROY, Mich., June 14, 2021 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global technology company providing solutions in simulation, high-performance computing (HPC), and artificial intelligence (AI) annou...
TROY, Mich., June 03, 2021 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing solutions in simulation, high-performance computing (HPC), and artificial intelligence (AI) a...
TROY, Mich., June 01, 2021 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing solutions in the areas of simulation, high-performance computing (HPC), and artificial intelli...
TROY, Mich., May 26, 2021 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global technology company providing solutions in simulation, high-performance computing (HPC), and artificial intelligence (AI) announc...
Event will feature presentations from NVIDIA, Rolls-Royce, HSBC, Intel, Google, JLR, Microsoft, Oracle, and more TROY, Mich., May 21, 2021 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global technology comp...
TROY, Mich., May 20, 2021 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, high-performance computing, data anal...
TROY, Mich., May 10, 2021 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, high-performance computing (PC), data ...
TROY, Mich., May 10, 2021 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global technology company providing solutions in simulation, high-performance computing (HPC), and artificial intelligence (AI) announ...
Altair Engineering (ALTR) delivered earnings and revenue surprises of 55.00% and 8.03%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Delivers Record Software Revenue and Total Revenue, Exceeding Expectations Delivers Record Software Revenue and Total Revenue, Exceeding Expectations
Altair enables 97 percent utilization of HPC infrastructure to optimize processing compute-intensive simulations, powering innovation and cutting-edge design TROY, Mich., May 6, 2021 /PRNewswire/ -- A...
TROY, Mich., April 19, 2021 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing software and cloud solutions in the area of simulation, high-performance computing (HPC), and...
Leading innovators driving the future of HPC convergence showcase advanced workload management and acceleration technologies for new time and cost-to-solution gains TROY, Mich., April 19, 2021 /PRNewswi...
Altair Engineering (ALTR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Altair Engineering (ALTR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
TROY, Mich., March 17, 2021 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, high-performance computing, data an...
Altair (ALTR) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Altair Engineering (ALTR) has been struggling lately, but the selling pressure may be coming to an end soon
Altair Engineering (ALTR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Altair (ALTR) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.
Altair Engineering (ALTR) delivered earnings and revenue surprises of 950.00% and 16.51%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Record Fourth Quarter and Full Year 2020 Software Product and Total Revenue, Exceeding Expectations
Software and cloud solutions provider Altair Engineering Inc (NASDAQ: ALTR) acquired integrated flow, heat transfer, and combustion design software Flow Simulator from General Electric Company (NYSE: GE...
Altair and GE Aviation establish strategic engagement to pursue new opportunities TROY, Mich., Feb. 24, 2021 /PRNewswire/ -- Altair, (Nasdaq: ALTR) a global technology company providing software and clo...
Now accepting submissions for 9th annual international award showcasing innovation in automotive lightweighting and sustainability TROY, Mich., Feb. 15, 2021 /PRNewswire/ -- Altair, (Nasdaq: ALTR) a glo...
TROY, Mich., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing software and cloud solutions in the area of simulation, high-performance computing (HPC), and ...
TROY, Mich., Feb. 03, 2021 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, high-performance computing (HPC), and...
Toggled Distribution Opens in Vancouver Toggled Distribution Opens in Vancouver
TROY, Mich., Jan. 04, 2021 (GLOBE NEWSWIRE) -- Altair (NASDAQ: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, data analytics, and high-performance ...
Altair Engineering Inc. (ALTR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
An improving economy once widespread COVID-19 vaccinations occur could usher in a new set of software winners, according to a J.P. Morgan analyst.
TROY, Mich., Dec. 08, 2020 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, data analytics, and high-performance ...
TROY, Mich., Nov. 30, 2020 (GLOBE NEWSWIRE) -- Altair (NASDAQ: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, data analytics, and high-performance ...
TROY, Mich., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Altair (NASDAQ: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, data analytics, and high-performance ...
Altair Engineering (ALTR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Altair Engineering's (ALTR) CEO Jim Scapa on Q3 2020 Results - Earnings Call Transcript
Altair Engineering (ALTR) delivered earnings and revenue surprises of 100.00% and 8.67%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Next generation solution provides a modern, integrated approach to simulation-driven design for manufacturing (DFM) of injection molded components to reduce costs and delays Next generation solution pro...
Altair Engineering (ALTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Database to contain thousands of high-quality materials including polymers, metals, and composites, directly connected to Altair's and other major solvers Database to contain thousands of high-quality m...
TROY, Mich., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing solutions in data analytics, simulation, and high-performance computing (HPC), today announced...
TROY, Mich., Oct. 22, 2020 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global technology company providing solutions in data analytics, simulation, and high-performance computing (HPC), will release it...
Move allows Altair to offer most comprehensive, high-fidelity plastics database on the market Move allows Altair to offer most comprehensive, high-fidelity plastics database on the market
Altair Engineering's (ALTR) acquisition of Ellexus is set to provide additional storage functionality for high-performing computer solutions.
Altair Engineering's (ALTR) acquisition of Univa strengthens its position in workload management and cloud enablement for high-performance computing.
Move Solidifies Altair’s Leadership in Workload Management and Cloud Enablement for High Performance Computing Move Solidifies Altair’s Leadership in Workload Management and Cloud Enablement for High Pe...
TROY, Mich., Sept. 03, 2020 (GLOBE NEWSWIRE) -- Altair , (Nasdaq: ALTR), a global technology company providing solutions in product development, high performance computing (HPC), and data analytics, ...
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 through two segments, Software and Client Engineering Services. Its 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 IoT platform and analytics tools, a... [Read more...]
| Industry Software-Infrastructure | IPO Date Nov 1, 2017 |
| CEO James Scapa | Employees 3,050 |
| Stock Exchange NASDAQ | Ticker Symbol ALTR |
Financial Performance
In 2020, ALTR's revenue was $469.92 million, an increase of 2.40% compared to the previous year's $458.92 million. Losses were -$10.50 million, 39.2% more than in 2019.
Analyst Forecasts
According to 8 analysts, the average rating for ALTR stock is "Buy." The 12-month stock price forecast is 70.60, which is an increase of 1.20% from the latest price.