Altair Engineering Inc. (ALTR)
$
111.85
Key metrics
Financial statements
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
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 in two segments: Software and Client Engineering Services. The Software segment encompasses solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, as well as data analytics and analysis products. It offers an Internet of Things platform and analytics tools, along with complementary software products and support services. This segment also specializes in computational fluid dynamics, fatigue, manufacturing process simulation, and cost estimation tailored for industries including marine, motorcycle, aerospace, chemicals, and architecture. Additionally, it provides software-related services such as consulting, implementation, and training, focusing on product design, development expertise, and analysis spanning from component level to comprehensive product engineering across various lifecycle stages. The Client Engineering Services segment delivers client engineering services, enhancing customer solutions. Furthermore, the company is engaged in developing and marketing solid state lighting technology, including communication and control protocols for replacing fluorescent light tubes with LED lamps. Its integrated software suite optimizes design performance across disciplines such as structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company earned an interest income of $22,995,000.00 showcasing its financial investments. The EBITDA ratio is 0.12 highlighting the company's operational efficiency. The company's stock is identified with the symbol 'ALTR' in the market. The financial data pertains to the fiscal year 2024 during which the company recorded a notable revenue of $665,788,000.00 showcasing its steady growth. In the financial landscape, the stock is reasonably priced at $111.85 appealing to a broad range of investors. With an average trading volume of 796,942.00 the stock indicates moderate liquidity in the market. Additionally, with a mid-range market capitalization of $9,632,991,211.00 the company positions itself as a steady performer. Altair Engineering Inc. is a key player in the Software - Infrastructure industry, contributing significantly to the overall market landscape. It belongs to the Technology sector, driving innovation and growth, further cementing its role as a pivotal organization in its field.
What is Altair Engineering Inc. (ALTR)'s stock forecast?
Analysts predict Altair Engineering Inc. stock to fluctuate between $75.71 (low) and $113.12 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Altair Engineering Inc.'s market capitalization?
As of 2025-03-25, Altair Engineering Inc.'s market cap is $9,632,991,211, based on 86,124,195 outstanding shares.
How does Altair Engineering Inc. compare to competitors like Apple Inc.?
Compared to Apple Inc., Altair Engineering Inc. has a Lower Market-Cap, indicating a difference in performance.
Does Altair Engineering Inc. pay dividends?
Altair Engineering Inc. pays dividends. The current dividend yield is 3.93%, with a payout of $0.18 per share.
How can I buy Altair Engineering Inc. (ALTR) stock?
To buy Altair Engineering Inc. (ALTR) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for ALTR. Place an order (Market, Limit, etc.).
What is the best time to invest in Altair Engineering Inc.?
The best time to invest depends on market trends and technical indicators, which show a Bullish trend based on economic conditions and company performance.
How did Altair Engineering Inc. perform in the last earnings report?
Revenue: $665,788,000 | EPS: $0.17 | Growth: -254.55%.
Where can I find Altair Engineering Inc.'s investor relations reports?
Visit https://www.altair.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Altair Engineering Inc.?
You can explore historical data from here
What is the all-time high and low for Altair Engineering Inc. stock?
All-time high: $113.12 (2024-10-29) | All-time low: $43.17 (2022-10-13).
What are the key trends affecting Altair Engineering Inc. stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
prnewswire.com
15 days ago
Altair's technology and JetZero's unique blended wing airplane unite to reshape the future of aviation TROY, Mich. , March 20, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, and JetZero, a company dedicated to developing the world's first commercial blended wing airplane, have joined forces to drive next-generation aerospace innovation.
prnewswire.com
16 days ago
Altair, supported by NVIDIA technology, will further drive innovation in simulation-driven design, AI-powered engineering, and computational intelligence TROY, Mich. , March 19, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, has announced a technical integration between the NVIDIA Omniverse Blueprint for Real Time Digital Twins and the Altair One® cloud innovation gateway.
prnewswire.com
24 days ago
Highlights include AI-powered engineering, digital twins, AI fabric, and AI agents TROY, Mich. , March 11, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, will showcase how its cutting-edge artificial intelligence (AI) and simulation capabilities are transforming industries at Hannover Messe 2025, taking place March 31- April 4 in Hanover, Germany.
prnewswire.com
a month ago
Altair technology to fuel innovation and the future of aerospace TROY, Mich. , Feb. 25, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, has been selected to join the Piedmont Aerospace Cluster.
zacks.com
a month ago
Altair Engineering (ALTR) came out with quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.46 per share a year ago.
globenewswire.com
a month ago
TROY, Mich., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, today released its financial results for the fourth quarter and full year ended December 31, 2024.
prnewswire.com
2 months ago
New capabilities and enhancements make a zero-prototype world possible TROY, Mich. , Feb. 19, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, is thrilled to announce the release of Altair® HyperWorks® 2025, a best-in-class design and simulation platform for solving the world's most complex engineering challenges.
prnewswire.com
2 months ago
CoE to provide leading 5G-6G capabilities for clients in telecommunications, smart factories, connected vehicles, and healthcare TROY, Mich. , Feb. 13, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, and L&T Technology Services (BSE: 540115, NSE: LTTS), a global leader in digital engineering and R&D services, announced the launch of a groundbreaking 5G-6G Wireless Center of Excellence (CoE).
prnewswire.com
2 months ago
Virtual event will bring together thought leaders, industry experts, and visionaries to explore how technology is transforming the ways we live, work, and beyond TROY, Mich. , Feb. 12, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, is pleased to announce Future.Industry 2025, the company's flagship annual event, which will take place virtually on March 5-6.
prnewswire.com
2 months ago
Meridian to utilize Altair software and services to enhance development of Corra UAV and HERMES projects TROY, Mich. , Feb. 6, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, is thrilled to welcome Meridian Flight Systems to the Altair Aerospace Startup Acceleration Program (ASAP).
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