Altair Engineering Future Growth
Future criteria checks 3/6
Altair Engineering is forecast to grow earnings and revenue by 28.1% and 8.2% per annum respectively while EPS is expected to grow by 24.4% per annum.
Key information
28.1%
Earnings growth rate
24.4%
EPS growth rate
| Software earnings growth | 16.7% |
| Revenue growth rate | 8.2% |
| Future return on equity | n/a |
| Analyst coverage | Good |
| Last updated | 15 Dec 2024 |
Recent future growth updates
Recent updates
Altair Engineering Inc.'s (NASDAQ:ALTR) Shares May Have Run Too Fast Too Soon
Oct 13
Altair Engineering: Rating Downgrade As Near-Term Upside Is Limited
Sep 19Altair Engineering (NASDAQ:ALTR) Hasn't Managed To Accelerate Its Returns
Aug 09Altair Engineering (NASDAQ:ALTR) Could Easily Take On More Debt
Jul 19Altair: Too Expensive For Far Too Little Growth
Jul 13Altair Engineering Inc.'s (NASDAQ:ALTR) Popularity With Investors Is Under Threat From Overpricing
Jun 28Statutory Profit Doesn't Reflect How Good Altair Engineering's (NASDAQ:ALTR) Earnings Are
May 09Altair Engineering Inc. Just Beat EPS By 67%: Here's What Analysts Think Will Happen Next
May 05Altair Engineering (NASDAQ:ALTR) Might Be Having Difficulty Using Its Capital Effectively
Apr 09There's Reason For Concern Over Altair Engineering Inc.'s (NASDAQ:ALTR) Price
Mar 17Altair Engineering: Strong Tailwinds To Drive Growth With Potential Downside Protection
Mar 14Health Check: How Prudently Does Altair Engineering (NASDAQ:ALTR) Use Debt?
Feb 18Altair Engineering: Navigating Through Simulation And Innovation
Jan 12Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2027 | 849 | 86 | N/A | N/A | 1 |
| 12/31/2026 | 774 | 66 | 186 | 202 | 6 |
| 12/31/2025 | 713 | 39 | 158 | 171 | 11 |
| 12/31/2024 | 655 | 34 | 130 | 142 | 11 |
| 9/30/2024 | 645 | 33 | 126 | 138 | N/A |
| 6/30/2024 | 627 | 27 | 131 | 140 | N/A |
| 3/31/2024 | 620 | 10 | 130 | 142 | N/A |
| 12/31/2023 | 613 | -9 | 117 | 127 | N/A |
| 9/30/2023 | 602 | -17 | 108 | 119 | N/A |
| 6/30/2023 | 587 | -45 | 98 | 111 | N/A |
| 3/31/2023 | 578 | -57 | 84 | 93 | N/A |
| 12/31/2022 | 572 | -43 | 30 | 40 | N/A |
| 9/30/2022 | 553 | -57 | 25 | 33 | N/A |
| 6/30/2022 | 555 | -32 | 19 | 25 | N/A |
| 3/31/2022 | 542 | -12 | 24 | 31 | N/A |
| 12/31/2021 | 532 | -9 | 54 | 62 | N/A |
| 9/30/2021 | 525 | -5 | 50 | 61 | N/A |
| 6/30/2021 | 510 | -6 | 44 | 54 | N/A |
| 3/31/2021 | 489 | -2 | 32 | 41 | N/A |
| 12/31/2020 | 470 | -10 | 27 | 33 | N/A |
| 9/30/2020 | 460 | -14 | 23 | 29 | N/A |
| 6/30/2020 | 454 | -22 | 27 | 33 | N/A |
| 3/31/2020 | 463 | -15 | 27 | 34 | N/A |
| 12/31/2019 | 459 | -8 | 21 | 31 | N/A |
| 9/30/2019 | 438 | -15 | 16 | 26 | N/A |
| 6/30/2019 | 424 | 2 | 20 | 31 | N/A |
| 3/31/2019 | 411 | 4 | 23 | 35 | N/A |
| 12/31/2018 | 396 | 16 | 27 | 36 | N/A |
| 9/30/2018 | 383 | -36 | 28 | 39 | N/A |
| 6/30/2018 | 381 | -66 | N/A | 27 | N/A |
| 3/31/2018 | 370 | -73 | N/A | 24 | N/A |
| 12/31/2017 | 333 | -102 | N/A | 16 | N/A |
| 9/30/2017 | 326 | -33 | N/A | 17 | N/A |
| 6/30/2017 | 319 | -3 | N/A | 25 | N/A |
| 3/31/2017 | 315 | 6 | N/A | 22 | N/A |
| 12/31/2016 | 313 | 10 | N/A | 21 | N/A |
| 12/31/2015 | 294 | 11 | N/A | 11 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALTR's forecast earnings growth (28.1% per year) is above the savings rate (2.6%).
Earnings vs Market: ALTR's earnings (28.1% per year) are forecast to grow faster than the US market (15.2% per year).
High Growth Earnings: ALTR's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ALTR's revenue (8.2% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: ALTR's revenue (8.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ALTR's Return on Equity is forecast to be high in 3 years time
Discover growth companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 04:46 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Altair Engineering Inc. is covered by 20 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Mark Schappel | Benchmark Company |
| Andrew DeGasperi | Berenberg |