The latest price target for Altair Engineering (NASDAQ:ALTR) was reported by Goldman Sachs on August 2, 2024. The analyst firm set a price target for $71.00 expecting ALTR to fall to within 12 months (a possible -24.81% downside). 13 analyst firms have reported ratings in the last year.

The latest analyst rating for Altair Engineering (NASDAQ:ALTR) was provided by Goldman Sachs, and Altair Engineering downgraded their sell rating.

The last upgrade for Altair Engineering Inc happened on May 5, 2023 when Goldman Sachs raised their price target to $67. Goldman Sachs previously had a sell for Altair Engineering Inc.

The last downgrade for Altair Engineering Inc happened on August 2, 2024 when Goldman Sachs changed their price target from $85 to $71 for Altair Engineering Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Altair Engineering, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Altair Engineering was filed on August 2, 2024 so you should expect the next rating to be made available sometime around August 2, 2025.

While ratings are subjective and will change, the latest Altair Engineering (ALTR) rating was a downgraded with a price target of $85.00 to $71.00. The current price Altair Engineering (ALTR) is trading at is $94.43, which is out of the analyst’s predicted range.