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Altair Engineering (ALTR) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChart

ALTR Stock Forecast

Altair Engineering (ALTR) stock forecast, based on 39 Wall Street analysts, predicts a 12-month average price target of $106.50, with a high of $113.00 and a low of $100.00. This represents a -4.78% decline from the last price of $111.85.

$80 $87 $94 $101 $108 $115 High: $113 Avg: $106.5 Low: $100 Last Closed Price: $111.85

ALTR Stock Rating

Altair Engineering stock's rating consensus is Hold, based on 39 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 10 Buy (25.64%), 25 Hold (64.10%), 4 Sell (10.26%), and 0 Strong Sell (0.00%).

Hold
Total 39 4 25 10 0 Strong Sell Sell Hold Buy Strong Buy

ALTR Price Target Upside V Benchmarks

TypeNameUpside
StockAltair Engineering-4.78%
SectorTechnology Stocks 12.81%
IdeaSaaS Stocks List15.56%

Price Target Trends

1M3M12M
# Anlaysts--1
Avg Price Target--$113.00
Last Closing Price$111.85$111.85$111.85
Upside/Downside--1.03%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25--4--4
Mar, 25--7--7
Feb, 25--7--7
Jan, 25--7--7
Dec, 24--7--7
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 31, 2024Blair AbernethyRosenblatt Securities$113.00$108.634.02%1.03%
Mar 21, 2024Ken WongOppenheimer$100.00$86.8015.21%-10.59%
Jul 21, 2022Rosenblatt Securities$70.00$54.2728.98%-37.42%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Oct 31, 2024NeedhamBuyHolddowngrade
Oct 31, 2024Loop Capital MarketsHolddowngrade
Oct 31, 2024William BlairBuyMarket Performdowngrade
Oct 22, 2024OppenheimerOutperformOutperformhold
Jul 15, 2024Rosenblatt SecuritiesUnderperformUnderperformhold
Apr 29, 2024Rosenblatt SecuritiesUnderperformUnderperformhold
Mar 21, 2024RBC CapitalSector PerformSector Performhold
Feb 23, 2024OppenheimerUnderperformUnderperformhold
May 05, 2023Goldman SachsNeutralupgrade
Feb 24, 2023NeedhamBuyBuyhold

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-0.14$-0.12$-0.55$-0.11$0.17---
Avg Forecast$0.15$0.58$0.74$1.06$1.31$1.42$1.68$1.76
High Forecast$0.15$0.59$0.76$1.07$1.35$1.62$1.73$1.80
Low Forecast$0.15$0.57$0.73$1.05$1.24$1.27$1.63$1.71
Surprise %-193.33%-120.69%-174.32%-110.38%-87.02%---

Revenue Forecast

$400M $500M $600M $700M $800M $900M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$469.92M$532.18M$572.22M$612.70M$665.79M---
Avg Forecast$452.95M$519.13M$558.21M$613.89M$655.99M$713.07M$773.99M$849.00M
High Forecast$457.93M$524.84M$566.14M$614.71M$663.30M$727.58M$774.18M$864.13M
Low Forecast$447.29M$512.64M$547.74M$613.08M$649.29M$700.70M$773.80M$832.00M
Surprise %3.75%2.51%2.51%-0.19%1.49%---

Net Income Forecast

$-50M $-10M $30M $70M $110M $150M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-10.50M$-8.79M$-43.43M$-8.93M$14.18M---
Avg Forecast$11.89M$-25.52M$-27.25M$-8.93M$104.30M$116.76M$135.56M$141.65M
High Forecast$12.06M$-17.11M$-18.42M$-6.03M$108.59M$130.80M$139.61M$145.14M
Low Forecast$11.69M$-33.94M$-36.08M$-11.82M$100.00M$102.72M$131.52M$138.16M
Surprise %-188.33%-65.54%59.37%--86.41%---

ALTR Forecast FAQ

Is Altair Engineering stock a buy?

Altair Engineering stock has a consensus rating of Hold, based on 39 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 10 Buy, 25 Hold, 4 Sell, and 0 Strong Sell, reflecting a consensus that Altair Engineering is a neutral investment for most analysts.

What is Altair Engineering's price target?

Altair Engineering's price target, set by 39 Wall Street analysts, averages $106.5 over the next 12 months. The price target range spans from $100 at the low end to $113 at the high end, suggesting a potential -4.78% change from the previous closing price of $111.85.

How does Altair Engineering stock forecast compare to its benchmarks?

Altair Engineering's stock forecast shows a -4.78% downside, underperforming the average forecast for the technology stocks sector (12.81%), trailing the SaaS Stocks List (15.56%) investment idea.

What is the breakdown of analyst ratings for Altair Engineering over the past three months?

  • April 2025: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.

What is Altair Engineering’s EPS forecast?

Altair Engineering's average annual EPS forecast for its fiscal year ending in December 2025 is $1.42, marking a 735.29% increase from the reported $0.17 in 2024. Estimates for the following years are $1.68 in 2026, and $1.76 in 2027.

What is Altair Engineering’s revenue forecast?

Altair Engineering's average annual revenue forecast for its fiscal year ending in December 2025 is $713.07M, reflecting a 7.10% increase from the reported $665.79M in 2024. The forecast for 2026 is $773.99M, and $849M for 2027.

What is Altair Engineering’s net income forecast?

Altair Engineering's net income forecast for the fiscal year ending in December 2025 stands at $116.76M, representing an 723.72% increase from the reported $14.18M in 2024. Projections indicate $135.56M in 2026, and $141.65M in 2027.