Altair Engineering (ALTR)
(Delayed Data from NSDQ)
$84.84 USD
-1.20 (-1.39%)
Updated Sep 6, 2024 04:00 PM ET
After-Market: $85.19 +0.35 (0.41%) 7:58 PM ET
3-Hold of 5 3
F Value A Growth D Momentum D VGM
Altair Engineering (ALTR) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$92.38 | $100.00 | $71.00 | 7.37% |
Price Target
Based on short-term price targets offered by eight analysts, the average price target for Altair Engineering comes to $92.38. The forecasts range from a low of $71.00 to a high of $100.00. The average price target represents an increase of 7.37% from the last closing price of $86.04.
Analyst Price Targets (8 )
Broker Rating
Altair Engineering currently has an average brokerage recommendation (ABR) of 2.10 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 10 brokerage firms. The current ABR compares to an ABR of 2.10 a month ago based on 10 recommendations.
Of the 10 recommendations deriving the current ABR, five are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 50% and 10% of all recommendations. A month ago, Strong Buy made up 50%, while Buy represented 10%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/ALTR.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 5 | 5 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 3 | 3 | 3 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 0 | 0 |
ABR | 2.10 | 2.10 | 2.10 | 1.90 | 1.90 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/7/2024 | Griffin Securities | Jay Vleeschhouwer | Hold | Hold |
8/2/2024 | Goldman Sachs | Kasthuri G Rangan | Hold | Strong Sell |
8/2/2024 | Needham & Company | Charles Shi | Moderate Buy | Moderate Buy |
8/1/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/6/2024 | William Blair | Dylan Becker | Strong Buy | Strong Buy |
5/21/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
4/29/2024 | Rosenblatt Securities | Blair H Abernethy | Hold | Hold |
3/21/2024 | Not Identified | Not Identified | Hold | Hold |
3/21/2024 | Loop Capital Markets | Mark W Schappel | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.10 |
ABR (Last week) | 2.10 |
# of Recs in ABR | 10 |
Average Target Price | $92.38 |
LT Growth Rate | 12.00% |
Industry | Engineering - R and D Services |
Industry Rank by ABR | 55 of 253 |
Current Quarter EPS Est: | 0.16 |
ALTR FAQs
Altair Engineering Inc. (ALTR) currently has an average brokerage recommendation (ABR) of 2.10 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 10 brokerage firms.
The average price target for Altair Engineering Inc. (ALTR) is $92.38. The current on short-term price targets is based on 4 reports.
The forecasts for Altair Engineering Inc. (ALTR) range from a low of $71 to a high of $100. The average price target represents a increase of $8.89 from the last closing price of $84.84.
The current UPSIDE for Altair Engineering Inc. (ALTR) is 8.89%
Based on short-term price targets offered by eight analysts, the average price target for Altair Engineering comes to $92.38. The forecasts range from a low of $71.00 to a high of $100.00. The average price target represents an increase of 7.37% from the last closing price of $86.04.