Allot Limited (ALLT) Transitioning Successfully Towards Security-Centric Consumer Model

Allot Limited (NASDAQ:ALLT) is one of the 9 small-cap software infrastructure stocks with the highest upside potential.

On January 12, Cantor Fitzgerald began coverage of Allot Limited (NASDAQ:ALLT), assigning an Overweight rating and a $15 price target. This resulted in an upside potential of more than 49% at the prevailing level.

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The firm highlighted the company’s transition towards a security-centric consumer model, supported by the growing contribution of Security as a Service and improving financial metrics. While the company continues to benefit from strong business momentum and telecom carrier partnerships, its valuation remains materially below comparable companies, leaving room for potential upside and multiple re-rating.

On January 13, Allot Limited (NASDAQ:ALLT)  announced that Compax Venture will deploy the company’s NetworkSecure and OffNetSecure solutions to support the launch of MVNOs, offering integrated cyber protection services. The firm believes this implementation will enable brands and communities using Compax’s platform to provide subscribers with network-based cybersecurity and content filtering protection.

Allot Limited (NASDAQ:ALLT) develops and sells network intelligence and security solutions for communication service providers and other enterprises. Through its Allot Secure Management platform, the company offers a comprehensive suite of end-to-end security management services. These include Allot NetworkSecure, Allot HomeSecure, Allot DNSecure, Allot BusinessSecure, and Allot Secure Cloud.

While we acknowledge the risk and potential of ALLT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ALLT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.