Altair Engineeri Stock Price, News & Analysis

Altair (Nasdaq: ALTR) is a global software company in the information sector that describes itself as a leader in computational intelligence. The company provides software and cloud solutions in simulation, high‑performance computing (HPC), data analytics, and artificial intelligence (AI). Altair positions its technology as a way for organizations across many industries to compete more effectively, make smarter decisions, and support a more connected and sustainable world.

Core business and technology focus

According to multiple company communications, Altair’s offerings center on combining simulation, HPC, data analytics, and AI into integrated platforms. Its technology is used to design and optimize complex products and systems, create and operate digital twins, and run large‑scale computational workloads in the cloud and on‑premises. Altair emphasizes the role of AI‑powered engineering, machine learning, and advanced simulation in improving speed, performance, quality, and cost‑effectiveness for its customers.

Altair’s long‑standing focus on simulation technology is reflected in its Altair® HyperWorks® design and simulation platform. The company highlights HyperWorks as a platform for solving complex engineering challenges and enabling a "zero‑prototype" approach, where designs are perfected virtually before physical prototypes are built. HyperWorks combines multiphysics simulation, AI, HPC, and cloud‑based scalability to support digital engineering workflows and digital thread connectivity across the product lifecycle.

Simulation and AI‑powered engineering

Altair frequently describes its solutions as AI‑powered engineering tools that integrate simulation with machine learning and data‑driven models. In its HyperWorks 2025 release, Altair notes that physics prediction models based on transformer architectures, machine learning models acting as solvers, and AI‑enabled reduced order modeling are used to accelerate simulations and provide insights earlier in the design process. These capabilities are intended to reduce simulation time while maintaining or improving accuracy, and to help engineers explore more design alternatives.

The company also references Altair® PhysicsAI™, which is used to build models that can replace or augment traditional numerical solvers. By deploying PhysicsAI models as solvers, users can run faster simulations for structural and multiphysics problems. Altair frames this as part of a broader effort to democratize computational intelligence, making advanced simulation and AI tools more accessible to engineering and product teams.

High‑performance computing and cloud platforms

Altair is active in high‑performance computing and cloud orchestration through platforms such as Altair® HPCWorks® and the Altair One® cloud innovation gateway. The company describes Altair HPCWorks as its HPC and cloud platform, with capabilities for cloud scaling, workload management, GPU and Kubernetes support, AI‑enabled job scheduling, and integrated monitoring and reporting. Altair states that HPCWorks is integrated with its Altair Units licensing system and can connect with Altair One to enable hybrid environments that span on‑premises clusters and cloud resources.

Altair One is presented as a cloud gateway that gives users access to simulation applications, data, and HPC resources. In a technical integration with NVIDIA Omniverse Blueprint for Real‑Time Digital Twins, Altair explains that Altair One can host shared virtual environments where users visualize, build, edit, and interact with complex simulations and digital twins in real time. This integration uses GPU acceleration, NVIDIA microservices, and Omniverse technologies to support immersive digital engineering workspaces.

Digital twins, data analytics, and AI fabric

Across its announcements, Altair emphasizes digital twins, data analytics, and AI as central themes. The company highlights the use of digital twins to connect virtual models with physical systems, streamline product development, and support real‑time decision‑making. It references the use of its tools to build digital twins in applications such as manufacturing, aerospace, and other industrial domains.

Altair’s data analytics and AI capabilities are closely associated with the Altair® RapidMiner® platform, which is mentioned as part of AI‑enabled scheduling in HPCWorks and as a key component in AI and predictive analytics projects. The company also refers to concepts such as AI fabric, knowledge graphs, and AI agents in the context of transforming operations, providing organizational context for analytics, and enabling autonomous AI‑powered systems that can perform tasks and support business outcomes.

Industry applications and customer domains

Altair states that it serves organizations "across all industries" and gives specific examples in its communications. In the Polygon description, Altair notes that it has a long track record in product design, advanced engineering software, on‑demand computing technologies, and enterprise analytics solutions, and that it works with corporate clients in automotive, aerospace, government and defense, and consumer products, with a growing presence in life sciences, financial services, and energy markets. In more recent announcements, Altair also references use cases in telecommunications, smart factories, connected vehicles, healthcare, manufacturing, and robotics.

For example, Altair describes collaborations and programs in the aerospace sector, including the Altair Aerospace Startup Acceleration Program (ASAP), which provides startups with access to Altair’s simulation, data analytics, and HPC tools. Companies such as JetZero and Meridian Flight Systems are cited as using Altair solutions for aircraft and unmanned aerial vehicle development, aerodynamic simulations, structural analysis, and hybrid power system design. Altair also mentions participation in the Piedmont Aerospace Cluster and a memorandum of understanding with Cranfield University to advance simulation, data analytics, and AI in aerospace and robotics.

Digital engineering events and ecosystem

Altair regularly showcases its technology at industry events. In connection with Hannover Messe 2025, the company outlines themes including AI‑powered engineering, digital twins, AI fabric, AI agents, knowledge graphs, and smart manufacturing. It presents case examples where AI‑augmented simulation tools enabled digital twins that reduced time to market and improved product development workflows.

Through partnerships and centers of excellence, such as the 5G‑6G Wireless Center of Excellence launched with L&T Technology Services, Altair positions its platforms—particularly HyperWorks and RapidMiner—as foundations for applications like 5G‑6G network planning, digital twins of wireless networks, connected mobility, and network failure prediction.

Corporate profile and capital markets

Altair’s shares trade on Nasdaq under the ticker symbol ALTR. In its financial communications, the company describes itself as a global leader in computational intelligence and reports revenue primarily from software. Altair discusses non‑GAAP metrics such as non‑GAAP net income, adjusted EBITDA, billings, free cash flow, non‑GAAP gross profit, and non‑GAAP operating expense as tools for understanding its financial performance, while noting the limitations of non‑GAAP measures and providing reconciliations in its earnings materials.

Altair has also announced a pending transaction in which it is expected to be acquired by Siemens Industry Software Inc., subject to customary closing conditions. The company notes that its stockholders approved the merger agreement and that completion is anticipated in the first half of 2025, while cautioning that the transaction remains subject to risks and uncertainties described in its SEC filings and forward‑looking statements disclosures.

Business evolution and technology breadth

Altair’s earlier corporate description highlights a multi‑decade history in simulation technology, product design, on‑demand computing, and enterprise analytics. Over time, the company has expanded this foundation into a broader computational intelligence portfolio that integrates AI, cloud‑based SaaS offerings, and digital engineering workflows. Its platforms now span structural, fluid, motion, electronics, and particle simulation, HPC and cloud orchestration, data analytics, and AI‑driven modeling.

Through this combination of technologies, Altair aims to support customers in areas such as virtual product development, materials simulation, electronics cooling and durability analysis, power electronics modeling, and particle‑based simulations for sectors like agriculture, batteries, and pharmaceuticals. The company’s communications consistently link these capabilities to goals such as reducing physical testing, shortening development cycles, improving efficiency, and contributing to more sustainable products and operations.

Position within the software and information sector

Within the broader software publishers industry and information sector, Altair distinguishes itself by focusing on the intersection of simulation, HPC, data analytics, and AI. Rather than concentrating on a single application area, the company presents its platforms as horizontal technologies that can be applied across many verticals—from aerospace and automotive to telecommunications, manufacturing, and financial services.

Altair’s emphasis on computational intelligence, digital twins, and AI‑powered engineering reflects a view that engineering, operations, and analytics are converging. Its products and partnerships are framed as enablers of this convergence, providing tools that connect design, simulation, data, and decision‑making in a unified digital environment.