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    Altair Engineering Inc.

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    $ALTR
    Computer Software: Prepackaged Software
    Technology

    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 through two segments, Software and Client Engineering Services. Its software segment includes solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and IoT platform and analytics tools, as well as support and complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services focused on product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment offers client engineering services. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. Altair Engineering Inc. was founded in 1985 and is headquartered in Troy, Michigan.

    IPO Year: 2017

    Exchange: NASDAQ

    Website: altair.com

    Peers

    $ANSS

    Recent Analyst Ratings for Altair Engineering Inc.

    DatePrice TargetRatingAnalyst
    8/2/2024$85.00 → $71.00Neutral → Sell
    Goldman
    7/15/2024$95.00Overweight → Neutral
    JP Morgan
    2/23/2024$74.00 → $88.00Buy → Neutral
    Rosenblatt
    12/22/2023$86.00Overweight
    JP Morgan
    5/5/2023$44.00 → $67.00Sell → Neutral
    Goldman
    11/16/2022$60.00Buy
    Needham
    8/17/2022$70.00Outperform
    Wolfe Research
    7/27/2022$60.00Outperform
    Oppenheimer
    6/27/2022$62.00 → $41.00Neutral → Sell
    Goldman
    3/7/2022$78.00 → $67.00Neutral
    Goldman Sachs
    See more ratings