HP will provide Altair with proprietary material information that will bolster the Altair Material Data Center, which enables designers, engineers, and scientists to browse, search, and compare materials in a standalone application or through the interface of their simulation and optimization tools.
Save time and jump to the most important pieces.
| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 10/1/2024 | $37.00 | Buy → Neutral | Citigroup | |
| 9/27/2024 | $37.00 | Buy → Neutral | BofA Securities | |
| 8/23/2024 | $38.00 → $42.00 | Overweight | JP Morgan | |
| 8/19/2024 | $37.00 → $37.00 | Overweight → Equal-Weight | Morgan Stanley | |
| 8/2/2024 | $85.00 → $71.00 | Neutral → Sell | Goldman | |
| 7/15/2024 | $95.00 | Overweight → Neutral | JP Morgan | |
| 5/30/2024 | $30.00 → $32.00 | Hold | TD Cowen | |
| 5/21/2024 | $24.00 → $30.00 | Underweight → Equal Weight | Barclays |
4 - Altair Engineering Inc. (0001701732) (Issuer)
3 - HP INC (0000047217) (Issuer)
4 - Altair Engineering Inc. (0001701732) (Issuer)
News Highlights: Unleashes flexibility and style for freelancers and creators with HP's first 2-in-1 next-gen AI PC, the HP OmniBook Ultra FlipIntroduces the first HP EliteBook X, the world's most powerful next-gen AI business notebook1 for tech experts and business consultants, with up to an industry-leading 55 TOPS of NPU performance2Unveils innovative memory architecture that revolutionizes on-device AI, delivering lightning-fast performance for the most complex workflowsRedefines workspaces with the industry's broadest portfolio of AI-enabled multi-camera capable video conferencing solutions3Empowers on-demand performance for data scientists and AI developers with Z by HP Boost, the wor
News Highlights: HP announces the only AI platform for workstations with built-in generative AI trust for large language model (LLM) development2 to detect and correct bias in models in Z by HP AI StudioIntroducing the first HP OmniBook Ultra, the world's highest performance AI PC1 with up to an industry-leading 55 TOPS of NPU performance3Safely and securely use AI with Wolf Security on the HP OmniBook Ultra, the world's most secure consumer next gen AI PC4Explore endless possibilities with the latest AI-powered apps for productivity and content creation from Beautiful.ai, Loccus.ai, Luminar Neo, Omnibridge, Polymer, and Virtual Sapiens PALO ALTO, Calif., July 15, 2024 (GLOBE NEWSWIR
PALO ALTO, Calif., June 26, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) today announced that Karen Parkhill will join the company as Chief Financial Officer on August 5, 2024. Tim Brown, who has been serving as interim Chief Financial Officer, will return to his role as the head of Print Finance. A world-class finance leader, Parkhill, has spent the past 13 years serving as the Chief Financial Officer for well-established, publicly traded companies. Parkhill joins HP from Medtronic plc, a leading global healthcare technology company with more than 95,000 employees across 150 countries, where she served as Executive Vice President and Chief Financial Officer since 2016. "Karen
Altair® HyperWorks® platform empowers Cleveland Golf to break free from traditional design limits TROY, Mich., Nov. 19, 2024 /PRNewswire/ -- Altair (NASDAQ:ALTR), a global leader in computational intelligence, announced its latest collaboration with Cleveland Golf, a leading golf equipment manufacturer, on the design of the new HiBore XL Driver. With Altair's advanced simulation and design technology, Cleveland Golf is raising the bar for golf equipment and redefining the limits of driver design. "Altair's technology and expertise is helping Cleveland Golf shape the future of
Altair simulations run twice as fast on NVIDIA Hopper series as its predecessor TROY, Mich., Nov. 18, 2024 /PRNewswire/ -- Altair (NASDAQ:ALTR), a global leader in computational intelligence, announced that several products from the Altair® HyperWorks® design and simulation platform now support NVIDIA Grace CPU and Grace Hopper Superchip architectures. This highlights the years of Altair's deep collaboration with NVIDIA and gives customers more flexibility to run Altair tools on NVIDIA and Arm architectures. "Altair's solutions achieving peak performance on Grace and Grace Hop
The collaboration, established within Altair's Aerospace Startup Acceleration Program (ASAP), will accelerate product development and slash prototyping costs TROY, Mich., Nov. 13, 2024 /PRNewswire/ -- Altair (NASDAQ:ALTR), a global leader in computational intelligence, has signed a collaboration agreement with aerospace startup Moya Aero as part of Altair's Aerospace Startup Acceleration Program (ASAP). Within the agreement, Moya Aero will leverage an array of solutions in the Altair® HyperWorks® design and simulation platform and the organizations will collaborate in the development of eVTOL and unmanned aerial vehicles.
SC 13G - Altair Engineering Inc. (0001701732) (Subject)
SC 13G/A - Altair Engineering Inc. (0001701732) (Subject)
SC 13G/A - HP INC (0000047217) (Subject)
Citigroup downgraded HP Inc. from Buy to Neutral and set a new price target of $37.00
BofA Securities downgraded HP Inc. from Buy to Neutral and set a new price target of $37.00
JP Morgan reiterated coverage of HP Inc. with a rating of Overweight and set a new price target of $42.00 from $38.00 previously
DEFA14A - Altair Engineering Inc. (0001701732) (Filer)
DEFA14A - Altair Engineering Inc. (0001701732) (Filer)
DEFA14A - Altair Engineering Inc. (0001701732) (Filer)
As of July 18, 2024, three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. IBM Common Stock (NYSE:IBM) International Business Machines is expected to repor
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
PALO ALTO, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE:HPQ) will present a live audio webcast of a conference call to review financial results for the fourth fiscal quarter and fiscal year ended October 31, 2024 on Tuesday, Nov 26, 2024 at 5:30 p.m. ET / 2:30 p.m. PT. The webcast will be available at www.hp.com/investor/2024Q4Webcast. A replay of the audio webcast will be available at the same website shortly after the call and will remain available for approximately one year. About HP Inc. HP Inc. (NYSE:HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in
TROY, Mich., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Altair (NASDAQ:ALTR), today released its financial results for the third quarter and nine months ended September 30, 2024. Immediately prior to the dissemination of this press release, Altair issued a press release announcing that it has entered into a merger agreement with a subsidiary of Siemens pursuant to which Altair will be acquired and stockholders of Altair will receive cash merger consideration as more fully described in that press release. Third Quarter 2024 Financial Results Software revenue was $138.7 million compared to $119.1 million for the third quarter of 2023, an increase of 16.5% in reported currency an
TROY, Mich., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Altair (NASDAQ:ALTR), a global leader in computational intelligence, today announced that it has entered into a definitive agreement to be acquired by Siemens, a leading technology company focused on industry, infrastructure, mobility, and healthcare. Altair stockholders will receive $113.00 per share in cash, representing an equity value of approximately $10.6 billion. The $113.00 per share cash consideration represents a 19% premium to the closing price of Altair common stock on October 21, 2024, the last trading day prior to media speculation regarding a potential transaction, and a 13% premium to Altair's unaffected all-time high closing