Date | Price Target | Rating | Analyst |
---|---|---|---|
8/2/2024 | $85.00 → $71.00 | Neutral → Sell | Goldman |
7/15/2024 | $95.00 | Overweight → Neutral | JP Morgan |
2/23/2024 | $74.00 → $88.00 | Buy → Neutral | Rosenblatt |
12/22/2023 | $86.00 | Overweight | JP Morgan |
5/5/2023 | $44.00 → $67.00 | Sell → Neutral | Goldman |
11/16/2022 | $60.00 | Buy | Needham |
8/17/2022 | $70.00 | Outperform | Wolfe Research |
7/27/2022 | $60.00 | Outperform | Oppenheimer |
10-Q - Altair Engineering Inc. (0001701732) (Filer)
8-K - Altair Engineering Inc. (0001701732) (Filer)
D - Altair Engineering Inc. (0001701732) (Filer)
4 - Altair Engineering Inc. (0001701732) (Issuer)
4 - Altair Engineering Inc. (0001701732) (Issuer)
4 - Altair Engineering Inc. (0001701732) (Issuer)
TROY, Mich., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Altair (NASDAQ:ALTR), a global leader in computational intelligence, today released its financial results for the second quarter and six months ended June 30, 2024. "Altair maintained its strong trajectory during the second quarter, with software revenue and total revenue above the high end of guidance," said James R. Scapa, founder, chairman, and chief executive officer, Altair. "Our Q2 results underscore the robustness of our software product lineup, which continues to empower customers with industry-leading computational intelligence." "We are pleased with our execution in the second quarter and first half of the year," said Matt Brown, c
TROY, Mich., July 18, 2024 (GLOBE NEWSWIRE) -- Altair (NASDAQ:ALTR), a global leader in computational intelligence, will release its financial results for the second quarter ended June 30, 2024, after the market close on Thursday, August 1, 2024. On that day, management will hold a conference call and webcast at 5 p.m. ET to review and discuss the Company's second quarter 2024 results and third quarter and full year 2024 outlook. A recorded version of this webcast will be available after the call and accessible at http://investor.altair.com. What:Altair's Second Quarter 2024 Financial Results Conference CallWhen:Thursday, August 1, 2024Time:5 p.m. ETWebcast:http://investor.altair.com (liv
TROY, Mich., May 02, 2024 (GLOBE NEWSWIRE) -- Altair (NASDAQ:ALTR), a global leader in computational intelligence, today released its financial results for the first quarter ended March 31, 2024. "Altair continued its positive momentum into the start of 2024, with record-high quarterly software revenue and total revenue," said James R. Scapa, founder, chairman, and chief executive officer, Altair. "The first quarter exceeded our expectations and demonstrates the strength of our product portfolio in bringing computational intelligence to our customers." "The start of this year has been marked by strong execution, setting new records in software revenue and total revenue in the first quart
Altair's AI-powered engineering technology to drive the development of 100% recycled cast aluminum structures that weigh up to 30% less and feature 95% less embedded carbon emissions TROY, Mich., Sept. 25, 2024 /PRNewswire/ -- Altair (NASDAQ:ALTR), a global leader in computational intelligence, has announced its involvement in the £5.8 million Performance Integrated Vehicle Optimization Technology (PIVOT) project, supported by Innovate UK and the Advanced Propulsion Centre (APC). The project aims to revolutionize vehicle manufacturing by creating lighter, more sustainable components, thanks to Altair's cutting-edge artificial intelligence (AI) and simulation capabilities.
TROY, Mich., Sept. 5, 2024 /PRNewswire/ -- Altair (NASDAQ:ALTR), a global leader in computational intelligence, is excited to announce that Crown Point Technologies, a company specializing in technology solutions for the government and healthcare sectors, has been named an official reseller for the U.S. and Europe regions. This partnership will focus on bringing the capabilities of the Altair® RapidMiner® data analytics and artificial intelligence (AI) platform to a broader range of clients. Crown Point Technologies brings extensive expertise in the government and healthcare i
Altair® HyperWorks® with Oasys PRIMER Redefine Safety Simulation Modeling TROY, Mich., Aug. 21, 2024 /PRNewswire/ -- Altair (NASDAQ:ALTR) a global leader in computational intelligence, and Oasys, the software house of Arup, a global collective of designers, consultants and experts dedicated to sustainable development, announced a joint development agreement to deliver an integrated solution for safety simulation modeling in the automotive market. This solution will provide customers with a seamless workflow between Altair® HyperWorks®, a world-class design and simulation plat
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Morgan Stanley analyst Martijn Rats downgraded the rating for BP p.l.c. (NYSE:BP) from Overweight to Equal-Weight, while lowering the price target from $49.9 to $41.5. BP shares gained 0.4% to close at $35.19 on Friday. See how other analysts view this stock. RBC Capital analyst Ashish Sabadra downgraded Cintas Corporation (NASDAQ:CTAS) from Outperform to Sector Perform and announced a price target of $725. Cintas shares rose 0.8% to close at $721.76 on Friday. See how other analysts v
Ratings for Altair Engineering (NASDAQ:ALTR) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 0 3 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 1 0 2 0 0 In the assessment of 12-month price targets, analysts unveil insights for Altair Engineering, presenting an average target of $92.75, a high estimate of $100.00, and a low estimate of $88.00. This curre
Goldman downgraded Altair Engineering from Neutral to Sell and set a new price target of $71.00 from $85.00 previously
JP Morgan downgraded Altair Engineering from Overweight to Neutral and set a new price target of $95.00
Rosenblatt downgraded Altair Engineering from Buy to Neutral and set a new price target of $88.00 from $74.00 previously
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SC 13G/A - Altair Engineering Inc. (0001701732) (Subject)
SC 13G/A - Altair Engineering Inc. (0001701732) (Subject)
NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S
TROY, Mich., Nov. 2, 2022 /PRNewswire/ -- Altair (NASDAQ:ALTR), a global leader in computational science and artificial intelligence (AI), announced that Ravi Kunju has been named Altair's chief product and strategy officer. In this role, Kunju will be responsible for the strategy and vision of Altair products, which includes facilitating the development, sales, pricing, and marketing of Altair's solutions for industry verticals and business lines. "For nearly 25 years, Ravi has been an indispensable member in so many areas of our organization, and I am certain that he will co