Q3 2025 EPS Estimates for Altair Engineering Inc. (NASDAQ:ALTR) Cut by Analyst

Altair Engineering Inc. (NASDAQ:ALTR) – Equities research analysts at Griffin Securities cut their Q3 2025 earnings per share estimates for Altair Engineering in a report released on Wednesday, August 7th. Griffin Securities analyst J. Vleeschhouwer now expects that the software will post earnings of $0.03 per share for the quarter, down from their prior estimate of $0.04. The consensus estimate for Altair Engineering’s current full-year earnings is $0.66 per share. Griffin Securities also issued estimates for Altair Engineering’s Q4 2025 earnings at $0.29 EPS and FY2025 earnings at $0.64 EPS.

Several other research analysts have also recently weighed in on the stock. Rosenblatt Securities restated a “neutral” rating and issued a $88.00 price objective on shares of Altair Engineering in a research report on Monday, April 29th. Needham & Company LLC restated a “buy” rating and issued a $100.00 price objective on shares of Altair Engineering in a research report on Friday, August 2nd. The Goldman Sachs Group cut shares of Altair Engineering from a “neutral” rating to a “sell” rating and dropped their price objective for the stock from $85.00 to $71.00 in a research report on Friday, August 2nd. Finally, JPMorgan Chase & Co. cut shares of Altair Engineering from an “overweight” rating to a “neutral” rating and set a $95.00 price objective for the company. in a research report on Monday, July 15th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $90.67.

Altair Engineering Stock Up 1.8 %

Shares of ALTR opened at $89.13 on Monday. The company has a market capitalization of $7.40 billion, a P/E ratio of 990.33, a PEG ratio of 10.73 and a beta of 1.48. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.46 and a quick ratio of 2.46. Altair Engineering has a one year low of $57.59 and a one year high of $101.39. The business’s 50 day simple moving average is $92.98 and its 200-day simple moving average is $88.22.

Altair Engineering (NASDAQ:ALTR) last announced its earnings results on Thursday, August 1st. The software reported $0.16 EPS for the quarter, topping the consensus estimate of $0.15 by $0.01. The business had revenue of $148.80 million for the quarter, compared to the consensus estimate of $146.88 million. Altair Engineering had a return on equity of 7.11% and a net margin of 4.26%. Altair Engineering’s revenue was up 5.4% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.15) EPS.

Hedge Funds Weigh In On Altair Engineering

A number of large investors have recently modified their holdings of the business. ProShare Advisors LLC boosted its stake in shares of Altair Engineering by 1.6% during the 2nd quarter. ProShare Advisors LLC now owns 10,219 shares of the software’s stock worth $1,002,000 after buying an additional 160 shares during the last quarter. Profund Advisors LLC bought a new stake in shares of Altair Engineering in the 2nd quarter valued at about $274,000. Thrivent Financial for Lutherans bought a new stake in shares of Altair Engineering in the 2nd quarter valued at about $1,350,000. Sei Investments Co. raised its holdings in shares of Altair Engineering by 29.5% in the 2nd quarter. Sei Investments Co. now owns 39,899 shares of the software’s stock valued at $3,913,000 after purchasing an additional 9,086 shares during the period. Finally, Pacer Advisors Inc. raised its holdings in Altair Engineering by 32,717.4% in the 2nd quarter. Pacer Advisors Inc. now owns 15,096 shares of the software’s stock valued at $1,481,000 after acquiring an additional 15,050 shares during the period. 63.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Teresa A. Harris sold 620 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $82.57, for a total value of $51,193.40. Following the completion of the transaction, the director now directly owns 21,242 shares of the company’s stock, valued at approximately $1,753,951.94. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, major shareholder George J. Christ sold 50,000 shares of the stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $90.36, for a total transaction of $4,518,000.00. Following the completion of the transaction, the insider now directly owns 250,000 shares in the company, valued at approximately $22,590,000. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Teresa A. Harris sold 620 shares of the stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $82.57, for a total transaction of $51,193.40. Following the transaction, the director now owns 21,242 shares of the company’s stock, valued at $1,753,951.94. The disclosure for this sale can be found here. In the last ninety days, insiders sold 380,248 shares of company stock valued at $36,045,236. Company insiders own 21.75% of the company’s stock.

About Altair Engineering

Altair Engineering Inc, together with its subsidiaries, provides software and cloud solutions in the areas of simulation and design, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates in two segments, Software and Client Engineering Services.