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Upturn AI SWOT - About
ALTR 
Altair Engineering Inc (ALTR)
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Upturn Advisory Summary
03/25/2025: ALTR (3-star) is a STRONG-BUY. BUY since 125 days. Profits (19.36%). Updated daily EoD!
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 44.33% | Avg. Invested days 64 | Today’s Advisory Strong Buy |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 03/25/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 9.63B USD | Price to earnings Ratio 699.06 | 1Y Target Price 103.63 |
Price to earnings Ratio 699.06 | 1Y Target Price 103.63 | ||
Volume (30-day avg) 754730 | Beta 1.45 | 52 Weeks Range 75.71 - 113.12 | Updated Date 03/30/2025 |
52 Weeks Range 75.71 - 113.12 | Updated Date 03/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.16 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 2.13% | Operating Margin (TTM) 5.84% |
Management Effectiveness
Return on Assets (TTM) 0.81% | Return on Equity (TTM) 1.81% |
Valuation
Trailing PE 699.06 | Forward PE 82.64 | Enterprise Value 9330219453 | Price to Sales(TTM) 14.47 |
Enterprise Value 9330219453 | Price to Sales(TTM) 14.47 | ||
Enterprise Value to Revenue 14.01 | Enterprise Value to EBITDA 115.72 | Shares Outstanding 60730600 | Shares Floating 47948139 |
Shares Outstanding 60730600 | Shares Floating 47948139 | ||
Percent Insiders 2 | Percent Institutions 92.53 |
Analyst Ratings
Rating 3 | Target Price 105.97 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 7 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Altair Engineering Inc
Company Overview
History and Background
Altair Engineering Inc. was founded in 1985. Initially focused on finite element analysis (FEA) software, it expanded into simulation, high-performance computing (HPC), and data analytics through organic growth and acquisitions. It went public in 2017.
Core Business Areas
- Simulation and Analysis: Provides software and solutions for simulating product performance, optimizing designs, and validating engineering concepts. Includes FEA, computational fluid dynamics (CFD), electromagnetic simulation, and multi-physics analysis.
- High-Performance Computing (HPC): Offers workload management, resource optimization, and cloud solutions to enable efficient utilization of computing resources. Includes job scheduling, resource monitoring, and cloud bursting capabilities.
- Data Analytics and AI: Provides tools and platforms for data preparation, machine learning, and predictive analytics. Includes data mining, statistical modeling, and visualization capabilities.
Leadership and Structure
James R. Scapa is the founder and CEO. The company operates with a functional organizational structure, encompassing engineering, sales, marketing, and support functions.
Top Products and Market Share
Key Offerings
- HyperWorks: A comprehensive simulation platform for product design and performance. Market share difficult to ascertain precisely, but significant presence in automotive, aerospace, and manufacturing. Competitors include Ansys (ANSS) and Siemens (SIEGY).
- PBS Works: A suite of HPC workload management and resource optimization tools. Competitors include Univa (private) and Open Grid Scheduler (open source).
- RapidMiner: A data science platform for machine learning and predictive analytics. Competitors include Dataiku (private) and Alteryx (AYX).
Market Dynamics
Industry Overview
The simulation and analysis, HPC, and data analytics markets are experiencing growth driven by the increasing complexity of products, the need for faster time-to-market, and the growing availability of data. Digital transformation and the rise of AI are key drivers.
Positioning
Altair Engineering Inc. is positioned as a provider of integrated simulation-driven design, HPC, and data analytics solutions. Its competitive advantages include its broad product portfolio, its focus on innovation, and its strong customer relationships.
Total Addressable Market (TAM)
The combined TAM for simulation, HPC, and data analytics is estimated to be in tens of billions of USD. Altair is positioned to capture a share of this growing market through its comprehensive offerings.
Upturn SWOT Analysis
Strengths
- Comprehensive product portfolio
- Strong technology platform
- Experienced management team
- Established customer base
- Focus on innovation
Weaknesses
- Reliance on specific industries (e.g., automotive, aerospace)
- Competition from larger players
- Integration challenges with acquired companies
- Relatively smaller marketing presence compared to major players
- Dependence on a small number of major customers
Opportunities
- Expansion into new industries (e.g., healthcare, energy)
- Increased adoption of cloud-based solutions
- Growing demand for data analytics and AI
- Strategic acquisitions to expand product portfolio
- Partnerships with other technology providers
Threats
- Economic downturn impacting customer spending
- Increased competition from established players and new entrants
- Rapid technological changes
- Data security and privacy concerns
- Open-source alternatives
Competitors and Market Share
Key Competitors
- ANSS
- CDNS
- MTLS
Competitive Landscape
Altair competes with larger, more established players like Ansys and Cadence, as well as smaller, more specialized vendors. Altair's strengths lie in its integrated platform and focus on innovation. Disadvantages relate to their relative size and marketing budget.
Major Acquisitions
Datawatch Corporation
- Year: 2018
- Acquisition Price (USD millions): 190
- Strategic Rationale: Expanded Altair's data analytics capabilities.
Growth Trajectory and Initiatives
Historical Growth: Growth has been driven by organic expansion and strategic acquisitions. Look for the CAGR of revenue over the last 3-5 years.
Future Projections: Future growth is projected to be driven by increasing demand for simulation, HPC, and data analytics solutions. Analyst estimates can be found on financial websites. Look at projected revenue growth and EPS growth.
Recent Initiatives: Recent initiatives may include new product launches, acquisitions, partnerships, and expansion into new markets.
Summary
Altair is a growing company in the simulation, HPC, and data analytics space, with a comprehensive product portfolio and a focus on innovation. While facing competition from larger players and macroeconomic uncertainty, its integrated platform and strategic acquisitions position it for continued growth. Investors should monitor its ability to execute its strategy and maintain its competitive edge.
Similar Companies
- ANSS
- CDNS
- PTC
- ADSK
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings (10-K, 10-Q)
- Analyst Reports
- Financial News Outlets (e.g., Yahoo Finance, Bloomberg)
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market share data is approximate and based on available sources. Financial data should be verified with official company filings.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Altair Engineering Inc
Exchange NASDAQ | Headquaters Troy, MI, United States | ||
IPO Launch date 2017-11-01 | Founder, Chairman & CEO Mr. James R. Scapa | ||
Sector Technology | Industry Software - Application | Full time employees 3500 | Website https://www.altair.com |
Full time employees 3500 | Website https://www.altair.com | ||
Altair Engineering Inc., together with its subsidiaries, develops and offers software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates through two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in automotive, marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company develops and sells solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent tubes with LED lighting. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company serves universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was founded in 1985 and is based in Troy, Michigan. As of March 26, 2025, Altair Engineering Inc. operates as a subsidiary of Siemens Prod
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