Company Information
Altium Limited (ASX: ALU)
“Altium Limited is an international software company that specializes in developing tools for electronic product design. The company’s offerings consist of a range of computer software solutions for the design of electronic products, particularly in the area of 3D printed circuit board (PCB) and embedded system design. It has two main business segments: Design Software and Cloud Platform.
The Design Software segment covers their PCB operations across the Americas, Europe, Middle East, Africa (EMEA), China, and the Asia-Pacific region and includes other products that are sold through its partner channels. The Cloud Platform segment comprises Nexar, Octopart, and manufacturing divisions.
Altium’s product portfolio includes various software tools like ACTIVEBOM, ActiveRoute, Altium 365, Altium Concord Pro, Altium Designer, and several others that serve different aspects of electronic design and manufacturing. The company was founded in 1987 and has 791 employees.
Top Australian Brokers
- City Index - Aussie shares from $5 - Read our review
- Pepperstone - Trading education - Read our review
- IC Markets - Experienced and highly regulated - Read our review
- eToro - Social and copy trading platform - Read our review
Financially, Altium has seen growth, with revenues rising by 19.24% from AUD 220.81 million to AUD 263.29 million, and net income increasing by 19.88% from AUD 55.35 million to AUD 66.35 million. The company is listed on the Australian Securities Exchange under the ticker ALU and recently completed the acquisition of Valispace GmbH on February 26, 2024.”
Altium Limited (ASX: ALU) Live Chart
Altium Limited (ASX: ALU) Forecast
The consensus among nine Wall Street analysts who have issued 12-month price targets for Altium is that the stock is expected to reach an average price of AU$66.98. Predictions range, with the highest estimate coming in at AU$68.50 and the lowest at AU$56.60. This average target suggests a marginal increase of 1.03% from Altium’s last traded price of AU$66.30.
Latest Altium Limited News
Altium Limited (ASX: ALU) Performance
Altium Limited (ASX: ALU) Fundamentals
Altium Limited (ASX: ALU) Competitors
Don’t Buy Just Yet
You will want to see this before you make any decisions.
Before you decide which shares to add to your portfolio you might want to take a look at this special report we recently published.
Our experts picked out The 5 best ASX shares to buy in 2024.
We’re giving away this valuable research for FREE.
Click below to secure your copy
