Altair Engineering (ALTR) Stock Price
Altair Engineering Price
Revenue has compounded at 9.5% per year over the past 9 years to 665.79 M USD. Earnings per share have declined at 1.2% per year over the last 9 years. Altair Engineering's net margin stands at 2.1%, up from -2.2% several years earlier. Altair Engineering currently offers a dividend yield of about 0.64%. The payout ratio is around 389% of earnings. Analysts set a median price target of 115.26 USD, implying 3.0% above the current price. Of 12 analysts, 0 rate the stock a buy — an overall Hold consensus.
Altair Engineering stock price
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Altair Engineering business model & stock analysis
Frequently asked questions about Altair Engineering
The business model of Altair Engineering Inc. revolves around providing software and cloud solutions for product design and development, high-performance computing, and data intelligence. Altair offers a comprehensive suite of solutions and services that enable businesses to enhance product innovation and streamline their engineering processes. By leveraging advanced simulation and optimization technologies, Altair helps companies across various industries achieve faster time-to-market, improve product performance, and reduce development costs. Altair's focus on innovation, collaboration, and efficiency enables them to empower customer success and drive their own growth in the engineering software market.
Altair Engineering Inc is primarily active in the industries of automotive, aerospace, consumer goods, energy, and healthcare.
The main competitors of Altair Engineering Inc in the market include Siemens AG, Ansys Inc, and Dassault Systèmes.
Altair Engineering Inc. is a reputable company in the field of engineering software and services. Founded in 1985, Altair has a rich history of innovation and technological advancements. The company has continually evolved to meet the changing needs of various industries, including automotive, aerospace, and manufacturing. Altair's software solutions have played a significant role in optimizing product design, improving efficiency, and reducing development time. With a global presence and a strong commitment to research and development, Altair Engineering Inc. has established itself as a leader in the engineering industry, delivering cutting-edge solutions that empower organizations to drive productivity and achieve success.
Altair Engineering Inc has achieved several significant milestones throughout its history. One of the notable milestones is the company's IPO in 2017, which provided a platform for its continued growth and expansion. Altair Engineering Inc also launched its HyperWorks 2019 software suite, offering advanced simulation and optimization solutions to various industries. The company has received numerous accolades and awards, including recognition as one of the "World's Most Innovative Companies" by Forbes. Altair Engineering Inc continues to revolutionize the engineering and software development sectors with its cutting-edge technologies and solutions.
Altair Engineering Inc is primarily present in various countries and regions around the world. With a global presence, the company operates in North America, including the United States and Canada, as well as Europe, Asia Pacific, and the Middle East. Altair Engineering Inc's extensive reach allows it to serve clients and customers in diverse industries and sectors across these regions. By maintaining a strong international presence, the company can effectively cater to the needs of its global clientele and capitalize on emerging market opportunities.
Altair Engineering Inc represents a strong commitment to innovation, collaboration, and excellence. With a customer-centric approach, Altair aims to empower businesses through advanced technology solutions. The company values include integrity, customer satisfaction, and a passion for solving complex engineering challenges. Altair's corporate philosophy focuses on fostering a culture of continuous learning, embracing diversity, and promoting sustainable practices. Through their cutting-edge software products and consulting services, Altair enables organizations to optimize performance, improve efficiency, and drive transformative change. Altair Engineering Inc stands as a global leader in the simulation-driven engineering industry, delivering value and driving growth for its clients worldwide.
Analysts currently set an average price target of 110.70 USD for the Altair Engineering stock (median: 115.26 USD), implying -1.0 % versus the latest price. The consensus is based on 12 analyst ratings.
12 analysts currently rate the Altair Engineering stock: 0 recommend buying, 9 holding and 3 selling. For 2026, analysts expect Altair Engineering to generate revenue of 781.33 M USD and earnings per share of 1.53 USD.
Converted at the current exchange rate, the Altair Engineering share trades at 99.78 EUR (111.85 USD).
The Altair Engineering share (ALTR) is listed on 4 stock exchanges, including: NASDAQ (ALTR), Frankfurt (8A2.F), München (8A2.MU), Düsseldorf (8A2.DU).
The business model of Altair Engineering Inc. is based on providing innovative software and technology solutions for companies in various industries. Altair has three core business areas: simulation, data analysis and optimization, and cloud computing and high-performance computing (HPC). Altair offers solutions for engineers and designers in areas such as aerodynamics, structural mechanics, and electromagnetics. The company also provides products and services for process optimization, customer analysis, and prediction modeling. Altair's cloud computing and HPC sector is the fastest-growing segment of the company. Altair has partnerships with companies such as Microsoft, Amazon, HP, and Intel. The company's business model focuses on continuous innovation and investment in research and development. Altair aims to help companies optimize their business processes and reduce costs, ultimately gaining a competitive advantage.
The expected revenue of Altair Engineering is 781.33 M USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Altair Engineering is 130.83 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Altair Engineering is currently 72.92. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Altair Engineering stock.
The price-to-sales ratio (P/S) of Altair Engineering is currently 12.21. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Altair Engineering stock.
The Eulerpool Quality Score for Altair Engineering is 4/10.
The ISIN of Altair Engineering is US0213691035. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Altair Engineering is A2DYPC. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Altair Engineering is ALTR. The ticker symbol is used to trade Altair Engineering shares on the stock exchange.
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All fundamentals and in-depth analysis of Altair Engineering
Our stock analysis for Altair Engineering stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Altair Engineering. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.