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NASDAQ: ALTR
Altair Engineering Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for ALTR

Based on 4 analysts offering 12 month price targets for Altair Engineering Inc.
Min Forecast
$44.00-38.98%
Avg Forecast
$61.50-14.71%
Max Forecast
$70.00-2.93%

Should I buy or sell ALTR stock?

Based on 4 analysts offering ratings for Altair Engineering Inc.
Buy
Strong Buy
1 analysts 25%
Buy
2 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
1 analysts 25%

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ALTR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Goldman Sachs
Top 17%
84
Strong SellMaintains$44.00-38.98%2023-02-27
Rosenblatt
Bottom 22%
22
Strong BuyMaintains$67.00-7.09%2023-02-27
Oppenheimer
Bottom 12%
12
BuyMaintains$65.00-9.86%2023-02-24
Needham
Bottom 15%
15
BuyMaintains$70.00-2.93%2023-02-24

1 of 1

ALTR vs Software Infrastructure Stocks

TickerPricePrice TargetUp/downsideConsensus
ALTR$72.11$61.50-14.71%Buy
WIX$99.80$107.00+7.21%Buy
CCCS$8.97$11.25+25.42%Hold
HCP$29.29$37.80+29.05%Buy
EEFT$111.90$127.83+14.24%Buy
View Top Software Infrastructure Stocks

Altair Engineering Stock Forecast FAQ

Is Altair Engineering Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: ALTR) stock is to Buy ALTR stock.

Out of 4 analysts, 1 (25%) are recommending ALTR as a Strong Buy, 2 (50%) are recommending ALTR as a Buy, 0 (0%) are recommending ALTR as a Hold, 0 (0%) are recommending ALTR as a Sell, and 1 (25%) are recommending ALTR as a Strong Sell.

If you're new to stock investing, here's how to buy Altair Engineering stock.

What is ALTR's Price Target?

According to 4 Wall Street analysts that have issued a 1 year ALTR price target, the average ALTR price target is $61.50, with the highest ALTR stock price forecast at $70.00 and the lowest ALTR stock price forecast at $44.00.

On average, Wall Street analysts predict that Altair Engineering's share price could fall to $61.50 by Feb 27, 2024. The average Altair Engineering stock price prediction forecasts a potential downside of 14.71% from the current ALTR share price of $72.11.
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