Key Highlights:
- Allot (ALLT, Financial) will announce its Q1 earnings on May 12th, with expectations of a 66.7% decline in EPS year-over-year.
- The forecasted revenue is $20.2 million, marking a 7.8% decrease from the previous year.
- Historically, Allot has surpassed earnings and revenue estimates 63% of the time over the past two years.
Allot's Earnings Preview
On May 12th, Allot Ltd (ALLT) is poised to disclose its financial performance for the first quarter. Analysts are predicting an earnings per share (EPS) of -$0.05, a significant 66.7% decline compared to the same period last year. The anticipated revenue is $20.2 million, representing a 7.8% drop year-over-year. Despite this, Allot has a proven track record of outperforming analyst predictions, beating earnings and revenue expectations 63% of the time in the past two years.
Wall Street Insights: Analyst Price Targets
According to the one-year price targets provided by a single analyst, the average target for Allot Ltd (ALLT, Financial) stands at $13.00. Both the high and low estimates are identical at $13.00. This target suggests a potential upside of 106.02% from the current trading price of $6.31. For further insights and detailed estimates, visit the Allot Ltd (ALLT) Forecast page.
Brokerage Recommendations and Valuation
Allot Ltd's (ALLT, Financial) average brokerage recommendation is positioned at 2.0, which translates to an "Outperform" rating on a scale of 1 to 5. Here, 1 represents a Strong Buy, and 5 signals a Sell.
From a valuation perspective, the GF Value metric estimates Allot Ltd's fair value at $2.52 in one year. This suggests a potential downside of 60.06% from the current price of $6.31. The GF Value is derived from historical trading multiples, past growth data, and future business performance projections. For comprehensive data, please explore the Allot Ltd (ALLT, Financial) Summary page.
