Dernières nouvelles pour Altair Engineering (NASDAQ:ALTR) Stock

Altair Engineering

Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Majority of its revenue comes from the software segment.

Altair Eng

Altair Engineering Inc. - Class A Common Stock

Altair Engineering Inc

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Altri SGPS SA

Altria Group Inc

Altrius Global Dividend ETF

&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4304572-1&amp;h=1200375272&amp;u=https%3A%2F%2Fwww.altair.com%2F&amp;a=Altair">Altair</a>&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALTR#NASDAQ">ALTR</a>), a global leader in computational intelligence, announced that several products from the <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4304572-1&amp;h=1165347411&amp;u=https%3A%2F%2Faltair.com%2Faltair-hyperworks&amp;a=Altair%C2%AE+HyperWorks%C2%AE">Altair&#xAE; HyperWorks&#xAE;</a> design and simulation platform now support <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4304572-1&amp;h=1289774746&amp;u=https%3A%2F%2Fwww.nvidia.com%2Fen-us%2Fdata-center%2Fgrace-cpu%2F&amp;a=NVIDIA">NVIDIA</a><a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4304572-1&amp;h=426578448&amp;u=https%3A%2F%2Fwww.nvidia.com%2Fen-us%2Fdata-center%2Fgrace-cpu%2F&amp;a=Grace">Grace</a><a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4304572-1&amp;h=3514216577&amp;u=https%3A%2F%2Fwww.nvidia.com%2Fen-us%2Fdata-center%2Fgrace-cpu%2F&amp;a=CPU">CPU</a> and <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4304572-1&amp;h=2892828779&amp;u=https%3A%2F%2Fwww.nvidia.com%2Fen-us%2Fdata-center%2Fgrace-hopper-superchip%2F&amp;a=Grace+Hopper">Grace Hopper</a><a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4304572-1&amp;h=97286079&amp;u=https%3A%2F%2Fwww.nvidia.com%2Fen-us%2Fdata-center%2Fgrace-hopper-superchip%2F&amp;a=%C2%A0Superchip">&nbsp;Superchip</a> 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.
&nbsp;
"Altair's solutions achieving peak performance on Grace and Grace Hopper marks a pivotal moment in our commitment to our customers' needs," said Sam Mahalingam, chief technology officer, Altair. "Leveraging NVIDIA's CPU and GPU architectures, we are poised to drive <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4304572-1&amp;h=3054850228&amp;u=https%3A%2F%2Faltair.com%2Fdata-analytics&amp;a=artificial+intelligence">artificial intelligence</a> innovation and deliver substantial performance and sustainability gains."
Internal benchmarks for selected Altair solutions showed the <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4304572-1&amp;h=171554925&amp;u=https%3A%2F%2Fwww.nvidia.com%2Fen-us%2Fdata-center%2Ftechnologies%2Fhopper-architecture%2F%3Fsrsltid%3DAfmBOorZEUhKezeJ5xfowmP6SIxdQUUNIorxvjMghdFNpgufEa-4NRTb&amp;a=NVIDIA+">NVIDIA </a><a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4304572-1&amp;h=2826004374&amp;u=https%3A%2F%2Fwww.nvidia.com%2Fen-us%2Fdata-center%2Ftechnologies%2Fhopper-architecture%2F%3Fsrsltid%3DAfmBOorZEUhKezeJ5xfowmP6SIxdQUUNIorxvjMghdFNpgufEa-4NRTb&amp;a=Hopper+GPU">Hopper GPU</a> series ran simulations up to twice as fast as its predecessor and enabled Altair solvers to achieve breakthrough run times.
"This is yet another milestone in&nbsp;NVIDIA and Altair's long-standing collaboration to accelerate computer-aided engineering workloads," said Tim Costa, senior director of CAE/EDA, quantum and HPC at NVIDIA. "Giving customers access to Altair's powerful software tools on our Grace CPU and Grace Hopper Superchip architectures will empower them to push boundaries of innovation and design across multiple industries."
The support demonstrates Altair technology's ability to run on alternative CPU and CPU-GPU architectures that help meet the global market's urgent needs for energy efficiency and speed. The NVIDIA Grace and Grace Hopper architectures – built specifically for <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4304572-1&amp;h=280621607&amp;u=https%3A%2F%2Faltair.com%2Fhpc-cloud-applications&amp;a=high-performance+computing">high-performance computing</a> (HPC) and AI workloads – offer performance, efficiency, and scalability improvements that can transform how organizations run simulation at scale in a power-constrained data center.

News

ALTR

NVDA

Altair Integrates NVIDIA Grace CPUs and Superchips for Faster AI and Simulation Tools

Altair Signed A Collaboration Agreement With Aerospace Startup Moya Aero As Part Of Altair's Aerospace Startup Acceleration Program

Altair Enters Collaboration Agreement With The European Space Agency Through ESA Partnership Initiative For Commercialisation

RBC Capital analyst Matthew Hedberg maintains Altair Engineering (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALTR#NASDAQ">ALTR</a>) with a Sector Perform and raises the price target from $90 to $113.

Price Target

Analyst Ratings

RBC Capital Maintains Sector Perform on Altair Engineering, Raises Price Target to $113

Analysts' ratings for Altair Engineering (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALTR#NASDAQ">ALTR</a>) over the last quarter vary from bullish to bearish, as provided by 4 analysts.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $104.0, a high estimate of $113.00, and a low estimate of $90.00. Observing a 12.23% increase, the current average has risen from the previous average price target of $92.67. 
<img src="https://www.benzinga.com/files/images/story/2024/1730397635_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The perception of Altair Engineering by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Charles Shi</td>
<td>Needham</td>
<td>Maintains</td>
<td>Hold</td>
<td>$100.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Blair Abernethy</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Neutral</td>
<td>$113.00</td>
<td>$88.00</td>
</tr>
<tr>
<td>Mark Schappel</td>
<td>Loop Capital</td>
<td>Announces</td>
<td>Hold</td>
<td>$113.00</td>
<td>-</td>
</tr>
<tr>
<td>Matthew Hedberg</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$90.00</td>
<td>$90.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Altair Engineering. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Altair Engineering compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Altair Engineering's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Altair Engineering's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/ALTR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Altair Engineering analyst ratings.</a>
<h2>Discovering Altair Engineering: A Closer Look</h2>
Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Majority of its revenue comes from the software segment.
<h3>Understanding the Numbers: Altair Engineering's Finances</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Altair Engineering's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 5.41%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Altair Engineering's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -3.46%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -0.66%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -0.38%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 0.33, Altair Engineering adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Critical Insights From Altair Engineering Analyst Ratings: What You Need To Know

Needham analyst Charles Shi downgrades Altair Engineering (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALTR#NASDAQ">ALTR</a>) from Buy to Hold and maintains the price target from $100 to $100.

Downgrades

Needham Downgrades Altair Engineering to Hold, Maintains Price Target to $100

Rosenblatt analyst Blair Abernethy maintains Altair Engineering (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALTR#NASDAQ">ALTR</a>) with a Neutral and raises the price target from $88 to $113.

Rosenblatt Maintains Neutral on Altair Engineering, Raises Price Target to $113

William Blair analyst Dylan Becker downgrades Altair Engineering (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALTR#NASDAQ">ALTR</a>) from Outperform to Market Perform.

William Blair Downgrades Altair Engineering to Market Perform

Loop Capital analyst Mark Schappel downgrades Altair Engineering (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALTR#NASDAQ">ALTR</a>) from Buy to Hold and announces $113 price target.

Loop Capital Downgrades Altair Engineering to Hold, Announces $113 Price Target

Trading Halt: Halt status updated at 5:00:00 PM ET: Quotation Resumption: News and Resumption Times

Altair stockholders will receive $113.00 per share in cash, representing an equity value of approximately $10.6 billion.&nbsp; 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 price.

Altair Signs Agreement To Be Acquired By Siemens For $10.6B

Trading Halt: Halted at 4:27:00 p.m. ET - Trading Halt: Halt News Pending

WIIM

Altair Engineering shares are trading higher following a report suggesting that Siemens is close to agreeing to a deal to acquire the company.

Trading Ideas

Siemens Is Said To Near Deal To Buy Altair Engineering; Could Announce Deal As Soon As Wednesday

Altair Engineering (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALTR#NASDAQ">ALTR</a>) is preparing to release its quarterly earnings on Wednesday, 2024-10-30. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Altair Engineering to report an earnings per share (EPS) of $0.16.
Investors in Altair Engineering are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Performance in Previous Earnings</h3>
During the last quarter, the company reported an EPS beat by $0.01, leading to a 2.97% drop in the share price on the subsequent day.

<img src="https://www.benzinga.com/files/images/story/2024/1730210538_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Altair Engineering were trading at $102.0 as of October 28. Over the last 52-week period, shares are up 25.1%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Observations about Altair Engineering</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Altair Engineering.
The consensus rating for Altair Engineering is Buy, based on 3 analyst ratings. With an average one-year price target of $87.0, there's a potential 14.71% downside.
<h3>Analyzing Analyst Ratings Among Peers</h3>
The analysis below examines the analyst ratings and average 1-year price targets of Procore Technologies, Unity Software and Informatica, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<ul>
<li>Procore Technologies is maintaining an Outperform status according to analysts, with an average 1-year price target of $67.07, indicating a potential 34.25% downside.</li>
<li>For Unity Software, analysts project an Neutral trajectory, with an average 1-year price target of $19.58, indicating a potential 80.8% downside.</li>
<li>As per analysts' assessments, Informatica is favoring an Outperform trajectory, with an average 1-year price target of $33.0, suggesting a potential 67.65% downside.</li>
</ul>
<h3>Insights: Peer Analysis</h3>
The peer analysis summary outlines pivotal metrics for Procore Technologies, Unity Software and Informatica, demonstrating their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Altair Engineering</td>
<td>Buy</td>
<td>5.41%</td>
<td>$118.28M</td>
<td>-0.66%</td>
</tr>
<tr>
<td>Procore Technologies</td>
<td>Outperform</td>
<td>24.42%</td>
<td>$236.25M</td>
<td>-0.52%</td>
</tr>
<tr>
<td>Unity Software</td>
<td>Neutral</td>
<td>-15.79%</td>
<td>$340.38M</td>
<td>-3.94%</td>
</tr>
<tr>
<td>Informatica</td>
<td>Outperform</td>
<td>6.55%</td>
<td>$317.73M</td>
<td>0.21%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Altair Engineering ranks highest in revenue growth among its peers. It has the lowest gross profit margin. The company has the lowest return on equity.
<h3>Unveiling the Story Behind Altair Engineering</h3>
Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Majority of its revenue comes from the software segment.
<h3>Altair Engineering: Financial Performance Dissected</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Altair Engineering showcased positive performance, achieving a revenue growth rate of 5.41% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Altair Engineering's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -3.46%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Altair Engineering's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -0.66%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Altair Engineering's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.38%, the company may face hurdles in achieving optimal financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.33.
<a href="https://www.benzinga.com/quote/ALTR/earnings">To track all earnings releases for Altair Engineering visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

A Look at Altair Engineering's Upcoming Earnings Report

Altair Engineering Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALTR#NASDAQ">ALTR</a>) shares were up Wednesday following reports that Siemens AG is in discussions to <a href="https://www.benzinga.com/quote/ALTR/news">acquire the company. </a>
The Details: Siemens, a German engineering firm, has reportedly consulted with advisers on a potential acquisition of Michigan-based Altair, according to <a href="https://www.bloomberg.com/news/articles/2024-10-23/siemens-in-talks-to-buy-software-group-altair">Bloomberg</a>. 
Altair provides engineering software solutions across multiple sectors, including aerospace, automotive, energy and financial services. The company is led by founder and CEO James Scapa.
The report indicates that this potential acquisition would mark one of Siemens' largest deals. The company has been shifting its focus toward software-driven, higher-margin products under the leadership of CEO Roland Busch, moving away from the heavy equipment businesses to better compete with automation peers such as Rockwell Automation Inc. and Schneider Electric SE.
Altair's stock has risen 20% year-to-date. The company currently has a market cap of approximately $8.7 billion. People familiar with the matter reportedly confirmed that Altair has been exploring a sale. Deliberations are ongoing and there is no guarantee Siemens will pursue a deal. 
<h2 class="wp-block-heading">Is ALTR A Good Stock To Buy?</h2>
When deciding whether to buy a stock, there are some key fundamentals investors may want to consider. One of these factors is revenue growth. Buying a stock is essentially a bet that the business will continue to grow and generate profits in the future.
Altair Engineering has reported average annual revenue growth of 8.42% over the past five years.
It's also important to pay attention to valuation when deciding whether to buy a stock. Altair Engineering has a forward P/E ratio of 74.63. This means investors are paying $74.63 for each dollar of expected earnings in the future. The average forward P/E ratio of Altair Engineering's peers is 37.4.
Other important metrics to look at include a company's profitability, balance sheet, performance relative to a benchmark index and valuation compared to peers. For in-depth analysis tools and important financial data, check out <a href="https://pro.benzinga.com">Benzinga PRO</a>. 
ALTR Price Action: Altair Engineering shares closed Wednesday up 3.54% at $106.65, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
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Image Via Shutterstock.

Movers

Altair Engineering Shares Jumped On Wednesday: What Happened?

<a href="https://www.bloomberg.com/news/articles/2024-10-23/siemens-in-talks-to-buy-software-group-altair" title="https://www.bloomberg.com/news/articles/2024-10-23/siemens-in-talks-to-buy-software-group-altair">https://www.bloomberg.com/news/articles/2024-10-23/siemens-in-talks-to-buy-software-group-altair</a>

SIEGY

'Siemens In Talks To Buy Software Group Altair' - Bloomberg News

Altair Engineering shares are trading higher following a report suggesting Siemens is said to be in talks to acquire the company.

Siemens Is Said In Talks To Acquire Software Group Altair

RBC Capital analyst Matthew Hedberg reiterates Altair Engineering (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALTR#NASDAQ">ALTR</a>) with a Sector Perform and maintains $90 price target.

Reiteration

RBC Capital Reiterates Sector Perform on Altair Engineering, Maintains $90 Price Target

In a report released yesterday, Matthew Hedberg from RBC Capital maintained a Hold rating on Altair Engineering (ALTR – Research Report), with a pr...

RBC Capital Sticks to Their Hold Rating for Altair Engineering (ALTR)

Altair Engineering may see regulatory hurdles with Siemens deal - analyst

M&A deals roundup: AbbVie, Blackstone, Take-Two Interactive and more

Wolfe Research downgraded Altair to Peer Perform from Outperform. The firm notes on Wednesday, Altair (ALTR) announced that it has reached an agree...

Altair downgraded to Peer Perform from Outperform at Wolfe Research

Analysts have been eager to weigh in on the Technology sector with new ratings on Harmonic (HLIT – Research Report) and Altair Engineering (ALTR – ...

Analysts Offer Insights on Technology Companies: Harmonic (HLIT) and Altair Engineering (ALTR)

Electrical Equipment & Multi-Industry Analyst Tusa, along with Keshav Sundarewsh, Global Director of Product Management at Altair (ALTR) discuss Di...

JPMorgan electrical equipment analyst holds an analyst/industry conference call

Meeting to be held in New York on November 18 hosted by Loop Capital. Published first on TheFly – the ultimate source for real-time, market-moving ...

Altair management to meet with Loop Capital

Altair (ALTR) has entered into collaboration agreement with the European Space Agency through the ESA Partnership Initiative for Commercialisation....

Altair signs collaboration agreement with European Space Agency

Altair joins hands with European Space Agency

Altair (ALTR) has signed a collaboration agreement with aerospace startup Moya Aero as part of Altair's Aerospace Startup Acceleration Program, or ...

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