Altair Engineering Inc (ALTR) Stock
ALTR is no longer traded. Altair Engineering was acquired by Siemens on March 26, 2025.
Each ALTR share was exchanged for $113.00 in cash. Prices on this page are historical; the last trade was March 24, 2025 at $111.69.
Altair Engineering stock price history
ALTR final trading statistics
- Final close
- $111.69
- Final trading day
- Mar 24, 2025
- Market cap at delisting
- $6.78B
- Shares outstanding
- 60.73M
- Final 52-week range
- $75.71 – $113.12
- Avg. volume (final 3 mo.)
- 763,578
- All-time high (split-adj.)
- $111.78 · Feb 2025
- All-time low (split-adj.)
- $17.41 · Nov 2017
- Return since IPO
- +510.0%
- Beta
- 1.45
- Book value / share
- $10.02
- Price / book
- 11.15
Altair Engineering annual financials
| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2024 | $665.79M | $14.2M | $1.32 |
| FY2023 | $612.70M | -$8.9M | $1.11 |
| FY2022 | $572.22M | -$43.4M | $0.87 |
| FY2021 | $532.18M | -$8.8M | $0.68 |
| FY2020 | $469.92M | -$10.5M | $0.31 |
Last five fiscal years reported before the delisting; fiscal year ending December. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.
About Altair Engineering Inc
Altair Engineering Inc., together with its subsidiaries, develops and offers software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates through two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in automotive, marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company develops and sells solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent tubes with LED lighting. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company serves universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was founded in 1985 and is based in Troy, Michigan. As of March 26, 2025, Altair Engineering Inc. operates as a subsidiary of Siemens Prod
Altair Engineering stock FAQ
What happened to Altair Engineering stock?
Altair Engineering was acquired by Siemens on March 26, 2025. Shareholders received $113.00 in cash for each share. ALTR stock stopped trading on the Nasdaq, with a final close of $111.69 on March 24, 2025.
What did Altair Engineering shareholders receive?
Each ALTR share was converted into $113.00 in cash. The deal was valued at about $10 billion.
Is ALTR stock still trading?
No. ALTR was delisted from the Nasdaq on March 26, 2025 and no longer trades on a U.S. exchange.
What was the last price of ALTR stock?
ALTR closed at $111.69 on its final trading day, March 24, 2025, for a market value of about $6.78B.
What were Altair Engineering's revenue and earnings in its last full fiscal year?
Altair Engineering reported revenue of $665.79M and net income of $14.2M in fiscal 2024, its last full year as a public company.
When did Altair Engineering go public?
Altair Engineering Inc stock began trading on November 1, 2017.