Allot Stock: Potential Verizon Expansion Validates The Bull Case
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Allot Ltd. has launched a significant SECaaS expansion with Verizon, potentially powering Verizon's Mobile Business Internet Security product. This could add substantial ARR for Allot by 2025, driving revenue and profitability growth. Allot's DNI business is also revitalized with the Tera Service Gateway III launch.
December 19, 2024 | 8:45 pm
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Allot Ltd.'s partnership with Verizon for SECaaS could significantly boost its ARR by $11-$18 million by 2025, with long-term potential over $90 million. This expansion, along with the Tera Service Gateway III launch, positions Allot for substantial revenue and profitability growth.
The partnership with Verizon is a major development for Allot, potentially adding significant ARR and driving revenue growth. The launch of the Tera Service Gateway III further strengthens Allot's market position, indicating a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90