Altair Engineering Inc. Cl A (ALTR) Social Stream
ALTAIR ENGINEERING INC (ALTR) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering ALTAIR ENGINEERING INC.
| 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 | $52.15 | 69.13% |
| 2021-12-08 | 7 | $95 | $80 | $88.2 | $52.15 | 69.13% |
| 2022-02-25 | 7 | $95 | $80 | $86 | $52.15 | 64.91% |
| 2022-08-05 | 6 | $95 | $41 | $70.6 | $52.15 | 35.38% |
| 2022-08-17 | 6 | $95 | $41 | $70.5 | $52.15 | 35.19% |
The Trend in the Analyst Price Target
ALTR's average price target has moved up $37.5 over the prior 28 months.
ALTR reports an average of 15.22% for its upside potential over the past 50 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-09-04 | 8 | 94 | 65 | 79.57 | 75.07 | 5.99% |
| 2021-11-09 | 7 | 95 | 80 | 88.20 | 80.06 | 10.17% |
| 2021-11-09 | 6 | 95 | 80 | 88.20 | 80.06 | 10.17% |
| 2021-11-09 | 5 | 95 | 80 | 88.20 | 80.06 | 10.17% |
| 2021-12-08 | 6 | 95 | 80 | 88.20 | 75.11 | 17.43% |
ALTR Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2 | 4 | 0 | 1 | 1 | 1 | 6 |
The Trend in the Broker Recommendations
Over the past 26 weeks, ALTR's average broker recommendation rating worsened by 0.33.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- To contextualize these metrics, consider that out of all US stocks, ALTAIR ENGINEERING INC's variance in analysts' estimates is lower than -239.53% of them.
- In the context of stocks in the mid market cap category, ALTAIR ENGINEERING INC's average analyst price target is greater than 704.4% of them.
- In terms of how ALTAIR ENGINEERING INC fares relative to Business Services stocks, note that its number of analysts covering the stock is higher than 235.67% of that group.
- ALTAIR ENGINEERING INC's upside potential (average analyst target price relative to current price) is higher than 337.75% of Business Services stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Business Services industry with the ratings most similar to ALTAIR ENGINEERING INC are ALRM, ALKT, and ACIW.
View All Top Stocks by Price Target
What is the outlook for ALTR? Use POWR Ratings for clearer insight into price direction.