Moelis & Company (MC)

Altair Engineering Stock Forecast

Stock Price Forecast

The 6 analysts that cover Altair Engineering stock have a consensus rating of "Hold" and an average price target of $66, which forecasts a -3.76% decrease in the stock price over the next year. The lowest target is $52 and the highest is $89.

Price Target: $66.00 (-3.76%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$52	$66	$64	$89
Change	-24.18%	-3.76%	-6.68%	+29.78%

Analyst Ratings

The average analyst rating for Altair Engineering stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	0	0	0	0	0	0
Buy	2	1	1	1	2	2
Hold	4	4	4	4	4	4
Sell	0	1	1	1	0	0
Strong Sell	1	1	1	1	1	1
Total	7	7	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Aidan Hall Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $69 → $89	Buy	Maintains	$69 → $89	+29.78%	Jul 14, 2025
Michael Brown Wells Fargo	Wells Fargo	Hold Maintains $50 → $64	Hold	Maintains	$50 → $64	-6.68%	Jul 11, 2025
Ryan Kenny Morgan Stanley	Morgan Stanley	Sell → Buy Upgrades $42 → $68	Sell → Buy	Upgrades	$42 → $68	-0.85%	Jun 23, 2025
James Yaro Goldman Sachs	Goldman Sachs	Hold Maintains $56 → $63	Hold	Maintains	$56 → $63	-8.14%	May 15, 2025
Kenneth Worthington JP Morgan	JP Morgan	Hold Maintains $55 → $52	Hold	Maintains	$55 → $52	-24.18%	Apr 24, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.49B

Increased by 24.90%

from 1.19B

Revenue Next Year

1.75B

Increased by 17.16%

from 1.49B

EPS This Year

2.13

Increased by 10.59%

from 1.93

EPS Next Year

3.04

Increased by 42.77%

from 2.13

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	943.28M	1.54B	985.30M	854.75M	1.19B	1.49B	1.75B	2.05B
Revenue Growth	26.35%	63.33%	-36.05%	-13.25%	39.75%	24.90%	17.16%	17.22%
EPS	3.08	5.83	1.17	-0.37	1.93	2.13	3.04	3.97
EPS Growth	46.68%	89.17%	-79.85%	-	-	10.59%	42.77%	30.47%
Forward PE	-	-	-	-	-	32.18	22.54	17.28
No. Analysts	-	-	-	-	-	11	11	6

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

Revenue Forecast

Revenue	2025	2026	2027
High	1.6B	1.8B	2.3B
Avg	1.5B	1.7B	2.0B
Low	1.3B	1.6B	1.8B

Revenue Growth

Revenue Growth	2025	2026	2027
High	30.2%	23.2%	31.6%
Avg	24.9%	17.2%	17.2%
Low	12.6%	7.2%	2.1%

EPS Forecast

EPS	2025	2026	2027
High	2.84	3.67	5.05
Avg	2.13	3.04	3.97
Low	1.63	2.54	3.14

EPS Growth

EPS Growth	2025	2026	2027
High	47.1%	72.4%	66.0%
Avg	10.6%	42.8%	30.5%
Low	-15.6%	19.1%	3.1%

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.