Altair Engineering Inc
NASDAQ:ALTR

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Altair Engineering Inc
NASDAQ:ALTR
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Price: 104.37 USD Market Closed
Market Cap: 8.9B USD
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Wall Street
Price Targets

ALTR Price Targets Summary
Altair Engineering Inc

Wall Street analysts forecast ALTR stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ALTR is 110.7 USD with a low forecast of 96.07 USD and a high forecast of 118.65 USD.

Lowest
Price Target
96.07 USD
8% Downside
Average
Price Target
110.7 USD
6% Upside
Highest
Price Target
118.65 USD
14% Upside

ALTR Last Price Targets
Altair Engineering Inc

The latest public price target was made on Oct 31, 2024 by Blair Abernethy from Rosenblatt Securities , who expects ALTR stock to rise by 8% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Blair Abernethy
Rosenblatt Securities
113 USD
Upside 8%
3 weeks ago
Oct 31, 2024
Altair Engineering (ALTR) PT Raised to $113 at Rosenblatt
StreetInsider
Ken Wong
Oppenheimer
100 USD
Downside 4%
8 months ago
Mar 21, 2024
Oppenheimer Positive on Altair Engineering (ALTR) Post Investor Day
StreetInsider
Blair Abernethy
Rosenblatt Securities
Price Target 113 USD
Upside/Downside 8%
View Source
Ken Wong
Oppenheimer
Price Target 100 USD
Upside/Downside 4%
View Source
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Revenue
Forecast

Revenue Estimate
Altair Engineering Inc

For the last 7 years the compound annual growth rate for Altair Engineering Inc's revenue is 10%. The projected CAGR for the next 3 years is 9%.

10%
Past Growth
9%
Estimated Growth
Estimates Accuracy
0%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Altair Engineering Inc

For the last 7 years the compound annual growth rate for Altair Engineering Inc's operating income is -45%. The projected CAGR for the next 3 years is 819%.

-45%
Past Growth
819%
Estimated Growth
Estimates Accuracy
-75%
Average Miss

Net Income
Forecast

Net Income Estimate
Altair Engineering Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is ALTR's stock price target?
Price Target
110.7 USD

According to Wall Street analysts, the average 1-year price target for ALTR is 110.7 USD with a low forecast of 96.07 USD and a high forecast of 118.65 USD.

What is Altair Engineering Inc's Revenue forecast?
Projected CAGR
9%

For the last 7 years the compound annual growth rate for Altair Engineering Inc's revenue is 10%. The projected CAGR for the next 3 years is 9%.

What is Altair Engineering Inc's Operating Income forecast?
Projected CAGR
819%

For the last 7 years the compound annual growth rate for Altair Engineering Inc's operating income is -45%. The projected CAGR for the next 3 years is 819%.

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