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.
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.
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 |
When did it IPO
2006
Staff Count
500
Country
Israel
Sector/Industry
Technology/SoftwareโInfrastructure
CEO
Mr. Erez Antebi
Market Cap
$108.0M
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.