Altair Engineering Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Altair Engineering stock had an average target of 101, with a low estimate of 71 and a high estimate of 113.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$71	$101	$113	$113
Change	-36.52%	-9.70%	+1.03%	+1.03%

* Price targets were last updated on Feb 24, 2025.

Analyst Ratings

The average analyst rating for Altair Engineering stock from 7 stock analysts was "Hold". This means that analysts believed this stock was likely to perform similarly to the overall market.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	0	0
Hold	6	6	6	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	8	8	8	8	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Blair Abernethy Rosenblatt	Rosenblatt	Hold Maintains $113	Hold	Maintains	$113	+1.03%	Feb 24, 2025
Charles Shi Needham	Needham	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Feb 21, 2025
Matthew Hedberg RBC Capital	RBC Capital	Hold Maintains $90 → $113	Hold	Maintains	$90 → $113	+1.03%	Oct 31, 2024
Charles Shi Needham	Needham	Strong Buy → Hold Downgrades $100	Strong Buy → Hold	Downgrades	$100	-10.59%	Oct 31, 2024
Blair Abernethy Rosenblatt	Rosenblatt	Hold Maintains $88 → $113	Hold	Maintains	$88 → $113	+1.03%	Oct 31, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

729.96M

from 665.79M

9.64%

from 665.79M

Revenue Next Year

783.27M

from 729.96M

7.30%

from 729.96M

EPS This Year

1.46

from 0.16

814.46%

from 0.16

EPS Next Year

1.73

from 1.46

18.09%

from 1.46

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	469.92M	532.18M	572.22M	612.70M	665.79M	729.96M	783.27M	865.98M
Revenue Growth	2.40%	13.25%	7.52%	7.07%	8.66%	9.64%	7.30%	10.56%
EPS	-0.14	-0.12	-0.55	-0.11	0.16	1.46	1.73	1.80
EPS Growth	-	-	-	-	-	814.46%	18.09%	3.90%
Forward PE	-	-	-	-	-	76.45	64.73	62.31
No. Analysts	-	-	-	-	-	13	8	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	771.1M	819.5M	891.5M
Avg	730.0M	783.3M	866.0M
Low	684.7M	740.3M	832.0M

Revenue Growth

Revenue Growth	2025	2026	2027
High	15.8%	12.3%	13.8%
Avg	9.6%	7.3%	10.6%
Low	2.8%	1.4%	6.2%

EPS Forecast

EPS	2025	2026	2027
High	1.86	2.11	1.85
Avg	1.46	1.73	1.80
Low	1.18	1.43	1.72

EPS Growth

EPS Growth	2025	2026	2027
High	1,061.6%	44.2%	7.0%
Avg	814.5%	18.1%	3.9%
Low	635.0%	-2.2%	-0.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.