$109.10
0.08% yesterday
Nasdaq, Dec 30, 10:00 pm CET
ISIN
US0213691035
Symbol
ALTR

Altair Engineering Target price 2024 - Analyst rating & recommendation

Altair Engineering Classifications & Recommendation:

Hold
100%

Altair Engineering Price Target

Target Price $113.00
Price $109.10
Potential
Number of Estimates 3
3 Analysts have issued a price target Altair Engineering 2025 . The average Altair Engineering target price is $113.00. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 8 analysts: 0 Analysts recommend Altair Engineering to buy, 8 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Altair Engineering stock has an average upside potential 2025 of . Most analysts recommend the Altair Engineering stock at Hold.

Sales and Margin forecast 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 612.70 655.83
7.07% 7.04%
EBITDA Margin 6.45% 22.13%
98.28% 243.18%
Net Margin -1.53% 5.20%
81.32% 440.95%

10 Analysts have issued a sales forecast Altair Engineering 2024 . The average Altair Engineering sales estimate is

$656m
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. This is
1.73% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$659m 2.26%
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, the lowest is
$650m 0.87%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $613m 7.07%
2024
$656m 7.04%
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2025
$712m 8.63%
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2026
$774m 8.64%
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2027
$849m 9.69%
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9 Analysts have issued an Altair Engineering EBITDA forecast 2024. The average Altair Engineering EBITDA estimate is

$145m
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. This is
124.10% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$153m 135.52%
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, the lowest is
$140m 116.15%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $39.5m 112.31%
2024
$145m 267.37%
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2025
$166m 14.28%
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2026
$200m 20.34%
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2027
$214m 7.26%
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EBITDA Margin

2023 6.45% 98.28%
2024
22.13% 243.18%
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2025
23.28% 5.20%
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2026
25.79% 10.78%
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2027
25.22% 2.21%
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4 Altair Engineering Analysts have issued a net profit forecast 2024. The average Altair Engineering net profit estimate is

$34.1m
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. This is
5.54% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$38.2m 18.43%
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, the lowest is
$29.3m 9.39%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-9.3m 80.00%
2024
$34.1m 464.60%
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2025
$33.8m 0.88%
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2026
$32.3m 4.41%
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2027
$78.2m 142.10%
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Net Margin

2023 -1.53% 81.32%
2024
5.20% 440.95%
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2025
4.74% 8.85%
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2026
4.17% 12.03%
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2027
9.21% 120.86%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -0.11 0.40
80.00% 463.64%
P/E 271.79
EV/Sales 13.83

4 Analysts have issued a Altair Engineering forecast for earnings per share. The average Altair Engineering <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$0.40
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. This is
5.26% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$0.45 18.42%
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, the lowest is
$0.34 10.53%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-0.11 80.00%
2024
$0.40 463.64%
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2025
$0.40 0.00%
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2026
$0.38 5.00%
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2027
$0.92 142.11%
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P/E ratio

Current 290.15 176.40%
2024
271.79 6.33%
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2025
274.19 0.88%
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2026
286.87 4.62%
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2027
118.49 58.70%
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Based on analysts' sales estimates for 2024, the Altair Engineering stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

13.83
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of
14.22
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.

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 14.07 26.19%
2024
13.83 1.69%
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2025
12.73 7.94%
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2026
11.72 7.96%
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2027
10.68 8.84%
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P/S ratio

Current 14.47 27.95%
2024
14.22 1.70%
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2025
13.09 7.94%
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2026
12.05 7.96%
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2027
10.98 8.84%
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