Allot

ALLT · NASDAQ

$8.99−$0.03 (−0.33%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $9.02

ALLT analyst rating

BuyConsensus of 4 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy4
Hold0
Underperform0
Sell0

12-month price target · 7 analysts

Average $13.75 (+52.9% upside)

Low: $10.60
Now: $8.99
High: $17.85

Upgrades and downgrades

The latest rating actions, newest first

ALLT analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Cantor Fitzgerald	May 13, 2026	Maintains	Overweight	$15.00	68%
Needham	May 13, 2026	Maintains	Buy	$8.50 → $10.50	53%
Needham	Feb 26, 2026	Maintains	Buy	$12.50 → $8.50	53%
Needham	Jan 20, 2026	Maintains	Buy	$12.50	53%
Cantor Fitzgerald	Jan 12, 2026	Initiates	Overweight	$15.00	68%
Needham	Nov 21, 2025	Maintains	Buy	$12.50	63%
Needham	Oct 23, 2025	Initiates	Buy	$12.50	63%
TD Cowen	Oct 20, 2025	Initiates	Buy	$13.00	71%

The case for and against

Updated Oct 14, 2026

Bull case

Allot is benefiting from strong SECaaS momentum, with 1Q26 SECaaS ARR up 59% year over year and SECaaS revenue up 71% to $8.7 million, now 33% of total revenue, showing that its CSP-led security model is scaling effectively. The company also beat expectations on revenue, operating income, and free cash flow, posting $26.4 million of revenue, $2.6 million of operating income, a 10% operating margin, and $10 million of free cash flow, while management guided to >40% SECaaS revenue growth in FY26 and reiterated FY26 revenue of $113 million-$117 million. Supportive factors include improving profitability from operating leverage, stable product demand driven by Terra III wins, and a compressed valuation versus peers, which suggests the market may be underappreciating the durability of its growth and earnings inflection.

Bear case

Allot is exposed to a customer-concentration risk that weighs on fundamentals, with the top 10 customers representing 46% of revenue in 1Q26 and 43% in CY24, while Network Intelligence still accounted for 64% of CY24 revenue. Its SECaaS growth is not yet broad-based, remaining dependent on a few CSP partners and promotional activity, so any slowdown in Verizon adoption, partner churn, or weaker deal flow could hit revenue, ARR, and operating results disproportionately. Even with AI-driven demand tailwinds and developing-market opportunity, profitability and execution remain vulnerable to lower CapEx budgets, subcontractor dependency, and modest grant support, including just $0.5 million from the Israel Innovation Authority in CY24.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.