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ALTR

Altair Engineering Inc
$
0.000
-111.85(-100.000%)1D
  • Overview
  • Forecast
  • Valuation
  • Earnings
High
--
Open
--
VWAP
--
Vol
--
Mkt Cap
8.13B
Low
--
Amount
--
EV/EBITDA(TTM)
156.53
Total Shares
83.03M
EV
9.26B
EV/OCF(TTM)
60.11
P/S(TTM)
14.81
Altair Engineering Inc. is a computational science and artificial intelligence company. The Company provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics and artificial intelligence (AI). The Company operates through two segments: Software and Client Engineering Services. The Software segment includes software, software services, and software-related services. The software component of this segment includes ITS portfolio of software products, including ITS solvers and optimization technology products, HPC software applications and hardware products, modeling and visualization tools, data analytics and analysis products, Internet of things (IoT) platform and analytics tools as well as support and the complementary software products that offer through its Altair Partner Alliance (APA). The Client Engineering Services segment provides client engineering services to support its customers with long-term, ongoing expertise.
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Market Estimates

Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q3
FY2025Q2
FY2025Q1
162.73M
+7.45%
0.221
-7.81%
159.16M
+6.96%
0.211
+32.03%
187.83M
+8.63%
0.425
+6.25%
Estimates Revision
The market is revising No Change the revenue expectations for Altair Engineering Inc. (ALTR) for FY2024, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by %.
Revenue Estimates for FY2024
No Change
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0.00%
In Past 3 Month
EPS Estimates for FY2024
No Change
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0.00%
In Past 3 Month
0 Analyst Rating
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Wall Street analysts forecast ALTR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ALTR is USD with a low forecast of USD and a high forecast of  USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
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Current: 0
sliders
Low
Averages
High
Rosenblatt
Blair Abernethy
Hold
Maintains
$113
2025-02-24
Reason
Needham
Charles Shi
Hold
Reiterates
n/a
2025-02-21
Reason
Loop Capital
Mark Schappel
Strong Buy
to
Hold
Downgrades
$113
2024-10-31
Reason
Loop Capital downgraded Altair to Hold from Buy with a price target of $113, up from $100, after the company entered into a definitive agreement to be acquired by Siemens for $10.6B in cash transaction or $113.00 per share.
William Blair
Dylan Becker
Buy
to
Hold
Downgrades
n/a
2024-10-31
Reason
William Blair downgraded Altair to Market Perform from Outperform without a price target after the company entered into a definitive agreement to be acquired by Siemens for $10.6B in cash transaction or $113.00 per share. Given the overall scale of the companies and transaction size, as well as reported parties involved throughout the process, the firm does not believe a materially higher bid as likely.
Rosenblatt
Blair Abernethy
Hold
Maintains
$88 → $113
2024-10-31
Reason
Needham
Charles Shi
Strong Buy
to
Hold
Downgrades
$100
2024-10-31
Reason
Needham analyst Charles Shi downgraded Altair to Hold from Buy after the company entered into a definitive agreement to be acquired by Siemens for $10.6B in cash transaction or $113.00 per share.

Valuation Metrics

The current forward P/E ratio for Altair Engineering Inc (ALTR.O) is 81.73, compared to its 5-year average forward P/E of 108.32. For a more detailed relative valuation and DCF analysis to assess Altair Engineering Inc 's fair value, click here.

Forward PE

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Fair
5Y Average PE
108.32
Current PE
81.73
Overvalued PE
201.19
Undervalued PE
15.44

Forward EV/EBITDA

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Fair
5Y Average EV/EBITDA
55.13
Current EV/EBITDA
56.67
Overvalued EV/EBITDA
72.03
Undervalued EV/EBITDA
38.22

Forward PS

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Strongly Overvalued
5Y Average PS
9.27
Current PS
13.38
Overvalued PS
11.25
Undervalued PS
7.29

Financials

Annual
Quarterly
FY2024Q4
YoY :
+12.32%
192.63M
Total Revenue
FY2024Q4
YoY :
-55.18%
9.36M
Operating Profit
FY2024Q4
YoY :
-94.94%
996.00K
Net Income after Tax
FY2024Q4
YoY :
-95.83%
0.01
EPS - Diluted
FY2024Q4
YoY :
+71.58%
33.18M
Free Cash Flow
FY2024Q4
YoY :
-0.45%
78.15
Gross Profit Margin - %
FY2024Q4
YoY :
+10.05%
21.03
FCF Margin - %
FY2024Q4
YoY :
-95.47%
0.52
Net Margin - %
FY2024Q4
YoY :
-213.57%
1.59
ROIC

Trading Trends

Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
1.6M
USD
27
6-9
Months
6.0M
USD
10
0-12
Months
67.0M
USD
21
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
0.0
Volume
0
6-9
Months
0.0
Volume
0
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
0
0.0
Volume
Months
6-9
2
76.2K
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months

ALTR News & Events

Events Timeline

2025-04-22 (ET)
2025-04-22
08:30:04
Thirteen option delistings on April 22nd
select
2025-03-31 (ET)
2025-03-31
04:55:00
Cava Group to replace Altair in S&P 400 at open on 3/31
select
2025-03-26 (ET)
2025-03-26
17:18:00
Cava Group to replace Altair in S&P 400 at open on 3/31
select
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News

8.5
03-26Business Insider
Cava Group to replace Altair in S&P 400 at open on 3/31
7.5
03-20PRnewswire
Altair and JetZero Join Forces to Propel Aerospace Innovation
3.5
03-19Newsfilter
Altair One® Cloud Innovation Gateway Achieves Seamless Integration with NVIDIA Omniverse Blueprint for Real-Time Digital Twins
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FAQ

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The current price of ALTR is 0 USD — it has increased 0.14 % in the last trading day.

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