Altair Engineering Inc. Cl A (ALTR) Social Stream
ALTAIR ENGINEERING INC (ALTR) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering ALTR.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-09 | 6 | $95 | $80 | $88.2 | $78.14 | 12.87% |
| 2021-12-08 | 6 | $95 | $80 | $86.75 | $78.14 | 11.02% |
| 2022-02-25 | 6 | $95 | $80 | $86 | $78.14 | 10.06% |
| 2022-08-05 | 6 | $95 | $41 | $70.6 | $78.14 | -9.65% |
| 2022-08-17 | 6 | $95 | $41 | $70.5 | $78.14 | -9.78% |
| 2022-11-04 | 5 | $70 | $41 | $58.5 | $78.14 | -25.13% |
| 2023-01-12 | 6 | $70 | $41 | $58.8 | $78.14 | -24.75% |
| 2023-02-24 | 6 | $70 | $41 | $60.6 | $78.14 | -22.45% |
| 2023-02-27 | 6 | $70 | $44 | $63.2 | $78.14 | -19.12% |
| 2023-04-18 | 7 | $81 | $44 | $66.166 | $78.14 | -15.32% |
| 2023-05-05 | 7 | $81 | $44 | $67.833 | $78.14 | -13.19% |
| 2023-05-08 | 8 | $81 | $67 | $72.571 | $78.14 | -7.13% |
| 2023-08-04 | 8 | $85 | $67 | $74 | $78.14 | -5.3% |
| 2023-10-30 | 8 | $85 | $67 | $76.333 | $78.14 | -2.31% |
| 2023-11-04 | 8 | $81 | $67 | $74.666 | $78.14 | -4.45% |
| 2023-12-22 | 9 | $86 | $67 | $76.285 | $78.14 | -2.37% |
The Trend in the Analyst Price Target
ALTR's average price target has moved up $4.28 over the prior 29 months.
ALTR reports an average of 9.16% for its upside potential over the past 49 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-01-12 | 6 | 70 | 41 | 58.800 | 49.85 | 17.95% |
| 2023-05-05 | 8 | 81 | 44 | 67.833 | 68.23 | -0.58% |
| 2023-08-04 | 8 | 85 | 67 | 74.000 | 63.80 | 15.99% |
| 2023-11-04 | 8 | 81 | 67 | 74.666 | 65.74 | 13.58% |
| 2023-11-04 | 9 | 81 | 67 | 74.666 | 65.74 | 13.58% |
ALTR Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.78 | 5 | 1 | 3 | 0 | 0 | 9 |
The Trend in the Broker Recommendations
Over the past 17 months, ALTR's average broker recommendation rating improved by 0.36.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- To contextualize these metrics, consider that out of all US stocks, ALTAIR ENGINEERING INC's upside potential (average analyst target price relative to current price) is greater than 536.23% of them.
- To contextualize these metrics, consider that out of Technology stocks, ALTAIR ENGINEERING INC's variance in analysts' estimates is lower than -812.25% of them.
- ALTAIR ENGINEERING INC's number of analysts covering the stock is greater than 642.16% of Business Services stocks.
- ALTR has a greater average analyst price target than 2148.4% of stocks in the mid market cap category.
In the Business Services industry, EVBG, BL, and DSGX are the three stocks most similar to ALTAIR ENGINEERING INC regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
What is the outlook for ALTR? Use POWR Ratings for clearer insight into price direction.