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Home.forex news reportWhy Needham Backed Allot in November After a Decade-High Profit Quarter

Why Needham Backed Allot in November After a Decade-High Profit Quarter

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Allot Ltd. (NASDAQ:ALLT) is one of the best-performing small-cap tech stocks in the last three years.

On November 21, following Allot’s Q3 print a day earlier, Needham & Company (analyst Mike Cikos) reiterated a Buy rating and a $12.50 price target, keeping its positive stance on the stock.

Why Needham Backed Allot in November After a Decade-High Profit Quarter
Why Needham Backed Allot in November After a Decade-High Profit Quarter

Den Rise/Shutterstock.com

In its November 20 results, Allot reported revenue of $26.4 million (+14% YoY), non-GAAP operating income of $3.7 million, and said SECaaS (cybersecurity-as-a-service) represented 28% of quarterly revenue. Management highlighted SECaaS ARR of $27.6 million (+60% YoY) and raised full-year 2025 revenue guidance to $100–$103 million, citing momentum in both cybersecurity solutions and network-intelligence offerings. CEO Eyal Harari said Q3 delivered the company’s highest profitability in over a decade, driven by strong execution across these businesses.

Allot Ltd. (NASDAQ:ALLT) is an Israel-based provider of converged cybersecurity solutions and network intelligence for service providers and enterprises. Its platform supports network-native SECaaS, traffic control/shaping, and analytics, serving 500+ service providers and 1,000+ enterprises worldwide.

While we acknowledge the potential of ALLT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None.



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