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Compare · ALTR vs SNOW

ALTR vs SNOW

Side-by-side comparison of Altair Engineering Inc. (ALTR) and Snowflake Inc. (SNOW): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both ALTR and SNOW operate in Computer Software: Prepackaged Software (Technology), so they compete in similar markets.
  • SNOW is the larger of the two at $109.88B, about 23.3x ALTR ($4.71B).
  • SNOW has hit the wire 12 times in the past 4 weeks while ALTR has been quiet.
  • SNOW has more recent analyst coverage (25 ratings vs 16 for ALTR).
MetricALTRSNOW
Company
Altair Engineering Inc.
Snowflake Inc.
Price
-
-
Market cap
$4.71B
$109.88B
1M return
-
-
1Y return
-
-
Industry
Computer Software: Prepackaged Software
Computer Software: Prepackaged Software
Exchange
NASDAQ
NYSE
IPO
2017
2020
News (4w)
0
12
Recent ratings
16
25
ALTR

Altair Engineering Inc.

Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide. The company operates through two segments, Software and Client Engineering Services. Its software segment includes solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and IoT platform and analytics tools, as well as support and 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 marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services focused on 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 offers client engineering services. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. Altair Engineering Inc. was founded in 1985 and is headquartered in Troy, Michigan.

SNOW

Snowflake Inc.

Snowflake Inc. provides cloud-based data platform in the United States and internationally. The company's platform offers Data Cloud, an ecosystem that enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data. Its platform is used by various organizations of various sizes in a range of industries. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorporated in 2012 and is headquartered in San Mateo, California.

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