Allot Ltd

Allot Ltd Stock Forecast & Price Prediction

Live Allot Ltd Stock (ALLT) Price
$2.91

4

Ratings

  • Buy 0
  • Hold 2
  • Sell 2
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$2.91

P/E Ratio

-1.75

Volume Traded Today

$28,913

Dividend

Dividends not available for ALLT

52 Week High/low

3.62/1.19

Allot Ltd Market Cap

$108.0M

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $ALLT ๐Ÿ›‘

Before you buy ALLT you'll want to see this list of ten stocks that have huge potential. Want to see if ALLT made the cut? Enter your email below

ALLT Summary

From what 4 stock analysts predict, the share price for Allot Ltd (ALLT) might increase by 346.74% in the next year. This is based on a 12-month average estimation for ALLT. Price targets go from $13 to $13. The majority of stock analysts believe ALLT is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

ALLT Analyst Ratings

About 4 Wall Street analysts have assignedALLT 0 buy ratings, 2 hold ratings, and 2 sell ratings. This means that analysts expect Allot Ltd to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ALLT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

ALLT stock forecast by analyst

These are the latest 20 analyst ratings of ALLT.

Analyst/Firm

Rating

Price Target

Change

Date

Nehal Chokshi
Northland Capital Markets

Outperform

$13

Upgrade

Aug 5, 2024
Alex Henderson
Needham

Buy

$2.5

Maintains

Nov 24, 2023
Alex Henderson
Needham

Buy

$4

Reiterates

Sep 1, 2023
Nehal Chokshi
Northland Capital Markets

Market Perform

$3

Downgrade

Sep 1, 2023

Needham

Buy


Maintains

Jul 18, 2023

Northland Capital Markets

Outperform


Maintains

May 30, 2023
Alex Henderson
Needham

Buy

$4.5

Reiterates

May 17, 2023
Nehal Chokshi
Northland Capital Markets

Outperform

$8

Maintains

May 17, 2023
Alex Henderson
Needham

Buy

$4.5

Maintains

Mar 1, 2023

Northland Capital Markets

Outperform


Maintains

Mar 1, 2023
Alex Henderson
Needham

Buy

$6

Maintains

Nov 17, 2022
Nehal Chokshi
Northland Capital Markets

Outperform

$12

Maintains

Nov 16, 2022
Alex Henderson
Needham

Buy

$6.5

Maintains

Aug 17, 2022
Alex Henderson
Needham

Buy

$7

Maintains

May 18, 2022
Tal Liani
B of A Securities

Underperform

$10

Downgrade

Feb 17, 2022
Alex Henderson
Needham

Buy

$16

Maintains

Feb 16, 2022

Northland Capital Markets

Outperform


Initiates

Dec 8, 2021
Tal Liani
B of A Securities

Neutral

$14

Downgrade

Nov 11, 2021
Alex Henderson
Needham

Buy

$22

Maintains

Feb 10, 2021

Needham

Buy


Upgrade

Aug 6, 2018

ALLT Company Information

What They Do: Develops security and network intelligence solutions.

Business Model: The company generates revenue by selling its security and network intelligence solutions to mobile, fixed, and cloud service providers, as well as enterprises globally. Its diverse product offerings, which include multi-tenant solutions and DDoS protection services, are marketed through various channels including direct sales and partnerships with distributors and system integrators.

Other Information: Founded in 1996 and headquartered in Hod Hasharon, Israel, Allot Ltd. serves a wide range of sectors including telecommunications, education, finance, and government, positioning itself as a key player in the security solutions market.
ALLT
Allot Ltd (ALLT)

When did it IPO

2006

Staff Count

500

Country

Israel

Sector/Industry

Technology/Softwareโ€”Infrastructure

CEO

Mr. Erez Antebi

Market Cap

$108.0M

Allot Ltd (ALLT) Financial Data

In 2023, ALLT generated $93.2M in revenue, which was a decrease of -24.11% from the previous year. This can be seen as a signal that ALLT's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$135.9M

Revenue From 2021

$145.6M

7.12 %
From Previous Year

Revenue From 2022

$122.7M

-15.70 %
From Previous Year

Revenue From 2023

$93.2M

-24.11 %
From Previous Year
  • Revenue TTM $91.0M
  • Operating Margin TTM -15.2%
  • Gross profit TTM $52.7M
  • Return on assets TTM -15.2%
  • Return on equity TTM -59.6%
  • Profit Margin -40.2%
  • Book Value Per Share 1.21%
  • Market capitalisation $108.0M
  • Revenue for 2021 $145.6M
  • Revenue for 2022 $122.7M
  • Revenue for 2023 $93.2M
  • EPS this year (TTM) $-0.97

Allot Ltd (ALLT) Latest News

News Image

Tue, 27 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Allot Ltd. (NASDAQ: ALLT) will hold its Q2 2024 Earnings Conference Call on August 27, 2024, at 9:00 AM ET, featuring company executives and analysts.

Why It Matters - Allot Ltd.'s Q2 2024 earnings call signals financial performance insights, impacting stock valuation and investor sentiment regarding future growth and profitability.

News Image

Tue, 27 Aug 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Allot Ltd. (NASDAQ: ALLT) reported its unaudited financial results for Q2 2024, focusing on network intelligence and security solutions for global service providers and enterprises.

Why It Matters - Allot Ltd.'s Q2 2024 financial results can impact stock performance, indicating growth or challenges in network solutions, affecting investor sentiment and future valuations.

News Image

Tue, 27 Aug 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Allot Communications (ALLT) reported a quarterly loss of $0.02 per share, better than the expected loss of $0.04, and improved from a loss of $0.49 per share a year earlier.

Why It Matters - Allot Communications' smaller-than-expected loss indicates improving financial health, potentially boosting investor confidence and impacting stock performance positively.

News Image

Mon, 12 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Allot Ltd. (NASDAQ: ALLT) will host a conference call on August 27, 2024, at 9:00 AM ET to discuss its Q2 2024 results.

Why It Matters - The upcoming conference call on August 27 will provide insights into Allot Ltd.'s Q2 2024 performance, impacting investor sentiment and stock valuation based on financial results and future guidance.

News Image

Tue, 23 Jul 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Allot Communications (ALLT) and Cellebrite DI Ltd. (CLBT) have both been compared to their sector performance in 2023, indicating their relative market standing.

Why It Matters - The performance comparison of Allot Communications and Cellebrite DI Ltd. to their sector indicates their competitive positioning, influencing investor sentiment and potential investment decisions.

News Image

Mon, 15 Jul 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - TEF, AY, CQP, TBPH, and VIRC were added to the Zacks Rank #1 (Strong Buy) List on July 15, 2024, indicating strong bullish sentiment for these stocks.

Why It Matters - The addition of TEF, AY, CQP, TBPH, and VIRC to the Zacks Rank #1 (Strong Buy) List indicates strong growth potential, which may attract investors looking for high-performing stocks.

...

ALLT Frequently asked questions

The highest forecasted price for ALLT is $13 from at Wunderlich Securities.

The lowest forecasted price for ALLT is $13 from from Wunderlich Securities

The ALLT analyst ratings consensus are 0 buy ratings, 2 hold ratings, and 2 sell ratings.