Allot (NASDAQ:ALLT) Stock Rating Cut to Hold at Wall Street Zen

Key Points

• Wall Street Zen downgraded Allot from Buy to Hold. Overall analyst sentiment remains “Moderate Buy,” with a consensus price target of $13.38.
• Third-quarter revenue rose 16% year over year to $30.59 million, ahead of expectations, while earnings of $0.09 per share matched consensus. SECaaS annual recurring revenue grew 41%, and the company expects SECaaS growth above 40% in 2026.
• Company insiders sold 66,144 shares worth about $548,000 over the past three months.

Allot (NASDAQ:ALLT - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued on Saturday, Wall Street Zen reports.

ALLT has been the subject of several other research reports. Weiss Ratings reiterated a "sell (d+)" rating on shares of Allot in a research report on Tuesday, September 22nd. Northland Securities set a $17.00 target price on shares of Allot in a report on Thursday, August 13th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $13.38.

Allot Trading Up 2.2%

ALLT opened at $7.95 on Friday. Allot has a 12 month low of $6.12 and a 12 month high of $11.92. The business's 50-day moving average price is $8.45 and its 200-day moving average price is $7.95. The company has a market cap of $391.94 million, a P/E ratio of 36.14 and a beta of 1.51.

Allot (NASDAQ:ALLT - Get Free Report) last issued its earnings results on Thursday, November 12th. The communications equipment provider reported $0.09 earnings per share for the quarter, meeting the consensus estimate of $0.09. Allot had a return on equity of 9.97% and a net margin of 9.58%. The company had revenue of $30.59 million during the quarter, compared to analysts' expectations of $30.03 million. Equities research analysts forecast that Allot will post 0.23 earnings per share for the current fiscal year.

Insider Buying and Selling at Allot

In other news, SVP Boaz Grossman sold 4,000 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $7.80, for a total value of $31,200.00. Following the completion of the transaction, the senior vice president owned 182,000 shares of the company's stock, valued at approximately $1,419,600. This represents a 2.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Gili Groner sold 26,666 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $7.86, for a total value of $209,594.76. Following the completion of the transaction, the insider directly owned 59,467 shares of the company's stock, valued at $467,410.62. This represents a 30.96% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 66,144 shares of company stock valued at $548,205. 3.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Allot

Several hedge funds have recently made changes to their positions in ALLT. Squarepoint Ops LLC raised its position in shares of Allot by 36.0% in the 2nd quarter. Squarepoint Ops LLC now owns 14,775 shares of the communications equipment provider's stock worth $131,000 after purchasing an additional 3,908 shares during the last quarter. R Squared Ltd bought a new position in Allot in the 3rd quarter worth about $146,000. Hennion & Walsh Asset Management Inc. boosted its stake in Allot by 24.4% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 96,833 shares of the communications equipment provider's stock worth $857,000 after purchasing an additional 19,013 shares in the last quarter. Eurizon Capital SGR S.p.A. bought a new position in Allot in the 3rd quarter worth about $247,000. Finally, Kanen Wealth Management LLC grew its position in Allot by 0.9% during the 3rd quarter. Kanen Wealth Management LLC now owns 4,826,252 shares of the communications equipment provider's stock valued at $40,686,000 after purchasing an additional 43,111 shares during the last quarter. 51.50% of the stock is currently owned by institutional investors.

Allot News Roundup

Here's some of the latest news about ALLT:

• Positive Sentiment: Third-quarter revenue rose 16% year over year to $30.59 million, exceeding analyst expectations of $30.03 million. Allot Announces Third Quarter 2026 Financial Results
• Positive Sentiment: SECaaS annual recurring revenue increased 41% year over year, and Allot expects SECaaS growth to exceed 40% in 2026, supporting its recurring-revenue growth outlook. Allot expects 2026 revenue of $116M-$118M while projecting SECaaS growth above 40%
• Neutral Sentiment: Adjusted earnings were $0.09 per share: in line with the $0.09 consensus cited in the results report, though above a separate Zacks estimate of $0.08. Full-year 2026 revenue guidance of $116 million–$118 million also brackets the $116.4 million consensus, making the outlook broadly in line. Allot Reports Third-Quarter 2026 Financial Results

Allot Company Profile

Allot Ltd. develops network intelligence, optimization and cybersecurity solutions for communications service providers, enterprises and public-sector organizations. Its software and platforms help customers manage network traffic, monitor service performance and protect users and networks from online threats. Its offerings include network traffic management and analytics, as well as security services such as protection against distributed denial-of-service attacks and threats delivered through domain name system (DNS) traffic.

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