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

On November 21, pursuing Allot’s Q3 people a time earlier, Needham & Company (analyst Mike Cikos) reiterated a Buy standing and a $12.50 terms target, keeping its affirmative stance connected the stock.

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In its November 20 results, Allot reported gross of $26.4 cardinal (+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 cardinal (+60% YoY) and raised full-year 2025 gross guidance to $100–$103 million, citing momentum successful some cybersecurity solutions and network-intelligence offerings. CEO Eyal Harari said Q3 delivered the company’s highest profitability successful implicit a decade, driven by beardown execution crossed these businesses.

Allot Ltd. (NASDAQ:ALLT) is an Israel-based supplier of converged cybersecurity solutions and web quality for work providers and enterprises. Its level supports network-native SECaaS, postulation control/shaping, and analytics, serving 500+ work providers and 1,000+ enterprises worldwide.

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Disclosure: None.