Altair Engineering (ALTR) Stock Analysis

What Altair Engineering does

Altair Engineering Inc., along with its affiliates, delivers cutting-edge software and cloud-based solutions globally, spanning critical domains such as simulation, high-performance computing (HPC), data analytics, and artificial intelligence. The company operates through two primary divisions: Software Segment: This segment encompasses a wide array of products, including advanced solvers and optimization technologies, HPC software applications complemented by hardware, intuitive modeling and visualization tools, comprehensive data analytics platforms, and an Internet of Things (IoT) platform with integrated analytics capabilities. It also features specialized software for computational fluid dynamics (CFD), fatigue analysis, manufacturing process simulation, and cost estimation, catering to diverse sectors like marine, motorcycle, aerospace, chemical, and architecture. Beyond products, it offers expert software-related services such as consulting, implementation, and training, applying deep product design and development expertise from component-level analysis to complete product engineering across the entire lifecycle. Client Engineering Services Segment: This division focuses on providing direct engineering support to clients. Furthermore, Altair develops and markets solid-state lighting technology, specifically LED lamps designed to directly replace fluorescent tubes, utilizing its proprietary communication and control protocols. Its sophisticated, integrated software suite empowers users to optimize design performance across multiple engineering disciplines, including structural integrity, motion dynamics, fluid dynamics, thermal management, electromagnetics, system modeling, and embedded systems. Altair serves a broad and varied customer base, which includes academic institutions, governmental bodies, manufacturing enterprises, pharmaceutical companies, financial services firms (banking, finance, insurance), meteorological agencies, and electronics design companies. Founded in 1985, Altair Engineering Inc. maintains its corporate headquarters in Troy, Michigan.

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Frequently asked questions

What is the ticker symbol for Altair Engineering?

Altair Engineering trades under the ticker ALTR on NASDAQ.

Which exchange is ALTR listed on?

ALTR is listed on NASDAQ.

What sector does Altair Engineering operate in?

Altair Engineering is classified in the Technology sector (Software - Infrastructure industry).

How can PortView help analyze ALTR in a portfolio?

PortView shows ALTR's weight in your portfolio, its contribution to return and risk, sector exposure, indirect exposure through ETFs you own, and correlation with your other holdings.