Altair Engineering Stock Forecast for 2023 - 2025 - 2030
Updated on 10/03/2023
Altair Engineering Stock Forecast and Price Target
Given the average yearlong price target of $84.00 provided by prominent analysts over the past few months, there is a potential upside of approximately 33.69% from the last closing price in October, 2023 for Altair Engineering's stock if it is reached. This estimation is based on a high estimate of $100.00 and a low estimate of $67.00. If you're interested in ALTR stock, it's important to compare it to other companies in the industry.
33.69% Upside
Altair Engineering Fair Value Forecast for 2023 - 2025 - 2030
In the last two years, Altair Engineering's Price has grown, increasing from $33.51 to $69.12 – a growth of 106.25%. In the next year, 0 analysts estimate that Altair Engineering's Fair Value will decrease by 34.28%, reaching $45.43. According to professional forecasts, in 2030, Altair Engineering's Fair Value will decrease by 27.41%, reaching $50.18.
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Altair Engineering Revenue Forecast for 2023 - 2025 - 2030
In the last two years, Altair Engineering's Revenue has grown, increasing from $458.92M to $532.18M – a growth of 15.96%. In the next year, 0 analysts estimate that Altair Engineering's Revenue will decrease by 8.58%, reaching $486.52M. According to professional forecasts, in 2030, Altair Engineering's Revenue will decrease by 7.95%, reaching $489.86M.
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|---|---|---|---|---|---|---|
| IBM Stock Forecast | International Business Machine... | Hold |
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|---|---|---|---|---|---|---|
| BP. Stock Forecast | BP p.l.c. | Outperform |
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£4.77 | £6.78 | 40.25% |
| SNPS Stock Forecast | Synopsys | Buy |
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$463.97 | $485.23 | -9.48% |
| ABBN Stock Forecast | ABB Ltd | Hold |
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CHF30.01 | CHF36.55 | 20.93% |
Altair Engineering Free Cash Flow Forecast for 2023 - 2025 - 2030
In the last two years, Altair Engineering's Free Cash Flow has grown by 147.45%, rising from $21.73M to $53.77M. 0 analysts predict Altair Engineering's Free Cash Flow will decrease by 40.02% in the next year, reaching $32.25M. By 2030, professionals predict that Altair Engineering's Free Cash Flow will decrease by 30.52%, to $37.36M.
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|---|---|---|---|---|---|---|
| CDNS Stock Forecast | Cadence Design Systems Inc | Outperform |
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$236.49 | $191.63 | -15.43% |
| DSY Stock Forecast | Dassault Systèmes | Hold |
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| ADSK Stock Forecast | Autodesk Inc | Outperform |
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$208.99 | $237.21 | 10.05% |
Altair Engineering Net Income Forecast for 2023 - 2025 - 2030
In the last two years, Altair Engineering's Net Income has grown from $-7.54M to $-8.79M – a 16.58% increase. Next year, analysts are expecting Net Income to reach $-9.10M – an increase of 3.57%. Over the next nine years, the forecast is for Net Income to grow by 3.92%.
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| ROK Stock Forecast | Rockwell Automation | Hold |
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Altair Engineering EBITDA Forecast for 2023 - 2025 - 2030
In the last two years, Altair Engineering's EBITDA has grown by 44.77%, rising from $29.73M to $43.04M. For the following year, the 0 analysts predict that Altair Engineering's EBITDA will drop by 17.83%, reaching $35.37M. In 2030, the professionals' prediction is that ALTR's EBITDA will decrease by 15.62%, reaching $36.32M.
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| ANSS Stock Forecast | ANSYS Inc | Outperform |
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| PTC Stock Forecast | PTC | Outperform |
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$140.84 | $142.86 | 2.95% |
Altair Engineering EBIT Forecast for 2023 - 2025 - 2030
In the last two years, Altair Engineering's EBIT has grown, rising from $8.21M to $17.39M – a growth of 111.81%. In the following year, the 0 analysts surveyed believe that Altair Engineering's EBIT will decrease by 33.39%, reaching $11.58M. According to professionals, by 2030, Altair Engineering's EBIT will have decreased by 26.59%, falling down to $12.77M.
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|---|---|---|---|---|---|---|
| AVV Stock Forecast | AVEVA Group | Outperform |
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£32.19 | £0.00 | 14.94% |
| NasdaqGS:AZPN Stock Forecast | AspenTech | - |
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$166.30 | $152.67 | 49.75% |
| BSY Stock Forecast | Bentley Systems | Outperform |
2
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$49.95 | $0.00 | 16.12% |
Altair Engineering EPS Price Prediction Forecast for 2023 - 2025 - 2030
In the last two years, Altair Engineering's EPS has grown, increasing from $0.32 to $0.66 – a growth of 106.25%. In the next year, 0 analysts estimate that Altair Engineering's EPS will decrease by 34.28%, reaching $0.43. According to professional forecasts, in 2030, Altair Engineering's EPS will decrease by 27.41%, reaching $0.48.
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|---|---|---|---|---|---|---|
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| NasdaqGS:REGI Stock Forecast | Renewable Energy Group | - |
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$61.50 | $65.00 | -55.43% |