Allot (ALLT) Stock

Allot Communications (ALLT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Here is how Allot Communications (ALLT) and Cantaloupe (CTLP) have performed compared to their sector so far this year.

We believe Allot Ltd. recently launched a game-changing SECaaS expansion with Verizon and might now power its Mobile Business Internet Security ("MBIS") product. MBIS could add $11-$18 million of SECaaS ARR by year-end 2025 for Allot, and $90+ million of SECaaS ARR long-term, driving substantial revenue and profitability growth. Allot's DNI business also looks revitalized, with the recent launch of the Tera Service Gateway III potentially boosting revenues and helping to feast on competitor weaknesses.

Allot Communications (ALLT) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Asahi Net was also the first CSP to implement the SG-Tera II in 2021. Asahi Net was also the first CSP to implement the SG-Tera II in 2021.

Here is how Allot Communications (ALLT) and Limbach (LMB) have performed compared to their sector so far this year.

Does Allot Communications (ALLT) have what it takes to be a top stock pick for momentum investors? Let's find out.

Hod Hasharon, Israel, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, today announced that it has developed the Allot Service Gateway (SG) Tera III multiservice platform.

Allot, a leader in deep network intelligence technology for telecom operators, has reinvented itself as a cybersecurity company with a novel security as a service product line. Major telecom clients like Vodafone and Verizon are driving SECaaS adoption, with large-scale opportunities still untapped, and Verizon alone offering over $1 billion in ARR potential. A key competitor in DNI, Sandvine, a $200 million revenue company, recently filed for bankruptcy and will likely lose many customers to Allot in the coming year.