Altair Engineering Inc
NASDAQ:ALTR

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Altair Engineering Inc
NASDAQ:ALTR
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Price: 104.35 USD -0.02% Market Closed
Market Cap: 8.9B USD
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Altair Engineering Inc
Operating Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Altair Engineering Inc
Operating Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Income CAGR 3Y CAGR 5Y CAGR 10Y
Altair Engineering Inc
NASDAQ:ALTR
Operating Income
$29.3m
CAGR 3-Years
14%
CAGR 5-Years
126%
CAGR 10-Years
N/A
Salesforce Inc
NYSE:CRM
Operating Income
$7B
CAGR 3-Years
85%
CAGR 5-Years
60%
CAGR 10-Years
N/A
Palantir Technologies Inc
NYSE:PLTR
Operating Income
$120m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Operating Income
$648.2m
CAGR 3-Years
215%
CAGR 5-Years
23%
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Operating Income
$3.9B
CAGR 3-Years
16%
CAGR 5-Years
16%
CAGR 10-Years
11%
Adobe Inc
NASDAQ:ADBE
Operating Income
$7.5B
CAGR 3-Years
11%
CAGR 5-Years
20%
CAGR 10-Years
34%
No Stocks Found

Altair Engineering Inc
Glance View

Market Cap
8.9B USD
Industry
Technology

Altair Engineering Inc. is a trailblazer in the realm of simulation-driven design, delivering innovative software and cloud solutions that empower organizations to optimize their product development processes. Established in 1985, the company has developed a robust portfolio of advanced computational tools that facilitate everything from fluid dynamics analysis to structural simulation. Altair's commitment to leveraging artificial intelligence and machine learning technologies enhances its offerings, allowing clients across diverse industries—such as automotive, aerospace, and manufacturing—to maximize efficiency, reduce costs, and minimize time-to-market. With a focus on sustainability and the increasing demand for smart products, Altair aims to reshape how companies approach engineering and design, positioning itself as a critical partner in the evolution of tomorrow’s manufacturing landscape. As investors look toward the future, Altair's strategic blend of software-as-a-service (SaaS) solutions and consulting services reveals a significant growth trajectory. The company's market presence is amplified by a consistent push toward research and development, illustrated by ongoing investments in transformative technologies that keep it at the forefront of engineering innovation. Altair's ability to forge strong relationships with enterprises seeking to harness cutting-edge technology further solidifies its competitive edge. With a management team that prioritizes sustainable practices and customer-centric solutions, Altair Engineering Inc. is not only poised for robust financial performance but also represents a compelling opportunity for investors looking to engage with a forward-thinking company that epitomizes the union of technology and creativity.

ALTR Intrinsic Value
40.35 USD
Overvaluation 61%
Intrinsic Value
Price

See Also

What is Altair Engineering Inc's Operating Income?
Operating Income
29.3m USD

Based on the financial report for Sep 30, 2024, Altair Engineering Inc's Operating Income amounts to 29.3m USD.

What is Altair Engineering Inc's Operating Income growth rate?
Operating Income CAGR 5Y
126%

The average annual Operating Income growth rates for Altair Engineering Inc have been 14% over the past three years , 126% over the past five years .

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