Critical Insights From Altair Engineering Analyst Ratings: What You Need To Know
Portfolio Pulse from Benzinga Insights
Analysts have varied ratings for Altair Engineering (NASDAQ:ALTR), with recent evaluations showing a neutral stance. The average 12-month price target has increased by 12.23% to $104.0. Altair's financials reveal challenges in profitability and growth, with a net margin of -3.46% and a revenue growth rate of 5.41%.
October 31, 2024 | 6:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Analysts have a neutral stance on Altair Engineering with an increased average price target of $104.0. The company's financials show challenges in profitability and growth, with a net margin of -3.46% and a revenue growth rate of 5.41%.
The article provides a detailed analysis of Altair Engineering's analyst ratings and financial performance. The neutral stance from analysts and the increase in price target suggest a stable outlook, but financial challenges in profitability and growth may limit short-term stock price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100