Altair Engineering Inc. provides software and services in engineering, design, simulation, data analytics, high-performance computing, and artificial intelligence, supporting product development and digital transformation. The company offers software platforms and solutions for simulation, product design, engineering, data analytics, AI, HPC, and IoT, with products including Altair HyperWorks, Altair RapidMiner, and Altair HPCWorks, all accessible through Altair One and managed via Altair Units. Services include AI and data analytics strategy development, software tool selection, training, model building and deployment, business intelligence dashboard creation, multidisciplinary simulation, digital twin deployment, and optimization for various engineering domains. The company also provides talent sourcing and placement services in engineering, IT, HPC, cloud, data analytics, AI, finance, and human resources, along with training solutions for its products. It supports customers throughout the product lifecycle, from research and industrial design to engineering and post-production solutions. The company serves financial institutions, banks, automotive companies, and clients in engineering, IT, HPC, cloud, data analytics, AI, finance, human resources, product design, industrial design, structural engineering, and manufacturing industries. The company was founded in 1985 and is based in Troy, Michigan. As of March 27, 2025, Altair Engineering Inc. operates as a subsidiary of Siemens Product Lifecycle Management Software Inc.
Metrics to compare | ALTR | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipALTRPeersSector | |
|---|---|---|---|---|
P/E Ratio | 0.0x | 27.0x | 12.4x | |
PEG Ratio | 0.00 | 0.28 | 0.01 | |
Price/Book | 0.0x | 5.5x | 2.4x | |
Price / LTM Sales | 0.0x | 5.0x | 2.4x | |
Upside (Analyst Target) | 0.0% | 38.2% | 19.6% | |
Fair Value Upside | Unlock | 27.7% | 3.2% | Unlock |