Investing in Altair Engineering Inc. (ALTR)

Valuation methodValue, $Upside, %
Artificial intelligence (AI)33.09-60
Intrinsic value (DCF)43.05-48
Graham-Dodd Method0.00-100
Graham Formula0.00-100

Company description

Altera Corporation, under the ticker ALTR, is a leading semiconductor company that designs and manufactures a wide range of programmable logic devices. Founded in 1983, the company has established itself as a pioneer in the field of programmable logic devices, offering a diverse portfolio of products including field programmable gate arrays (FPGAs), system-on-chips (SoCs), and system-in-package (SiP) devices. With a strong focus on innovation and research, Altera has become known for its high-quality, low-power, and highly versatile products that cater to a wide range of applications in industries such as telecommunications, automotive, industrial, and computing. The company's solutions are trusted by top-tier customers around the world for their reliability, performance, and cost-effectiveness. In addition to its advanced technology, Altera also prides itself on its commitment to sustainability and social responsibility, striving to minimize its environmental impact and support the communities in which it operates. With a highly skilled team and a strong global presence, Altera continues to drive progress and shape the future of the semiconductor industry.