Altair Engineering Inc. (ALTR)

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Our AI model analyzes fundamental, technical, and statistical indicators to predict the probability of a bullish trend over the next three months.

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Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

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At close: undefined

106.65

-0.08%

After-hours Dec 13, 2024, 04:00 PM EST

Altair Engineering Inc. Forcast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for ALTR stock have an median target of 106.5, with a low estimate of 95 and a high estimate of 113. The median target predicts a decrease of -0.22% from the current stock price of 106.74.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$95	$105.67	$106.5	$113
Change	-11.00%	-1.00%	-0.22%	5.86%

AI Analyst Report

Needham downgraded Altair Engineering to Hold, set... Unlock content with Pro Subscription

Updated Oct 31, 2024

Rating	Mar 24	Apr 24	May 24	Jul 24	Aug 24	Oct 24
Strong Buy	0	0	0	0	0	0
Buy	2	0	1	0	1	0
Hold	1	1	1	1	0	6
Sell	0	0	0	0	1	0
Strong Sell	0	0	0	0	0	0
Total	3	1	2	1	2	6

Financial Forecast this Year

Revenue This Year

653.35M

from 612.70M

6.6%

from 612.70M

Revenue Next Year

713.36M

from 653.35M

9.2%

from 653.35M

EPS This Year

1.22

from -0.11

-1.01K%

from -0.11

EPS Next Year

0.42

from 1.22

-65.6%

from 1.22