William Blair analyst Jonathan Ho has maintained their bullish stance on ALLT stock, giving a Buy rating on February 19.
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Jonathan Ho has given his Buy rating due to a combination of factors that highlight both strong current performance and attractive future potential. He points to robust top-line expansion, with revenue again growing at a double-digit pace and beating consensus, while the fast-rising SECaaS segment is becoming a larger share of the mix and driving a shift toward higher-margin, recurring security revenue.
He also notes that profitability is improving meaningfully, as operating margins and EPS came in well above his expectations, underscoring better operating leverage. Although the stock sold off sharply on what appears to be profit-taking and some disappointment around guidance, Ho views this reaction as excessive given management’s outlook for continued strong SECaaS growth, 2026 revenue guidance above Street forecasts, and incremental upside from new product launches and recent strategic agreements.
In another report released on February 19, Cantor Fitzgerald also maintained a Buy rating on the stock with a $15.00 price target.