Allot Leads Industry and Academic Partners to Launch Post-Quantum Communications Consortium | ALLT Stock News
StockTitan·- Allot Ltd. has launched and assumed the chair of a new Post-Quantum Communications Consortium on Aug. 18, 2026, supported by the Israel Innovation Authority. - The consortium unites industry leaders like NVIDIA and RAD alongside major Israeli academic institutions to develop quantum-resistant security technologies. - The initiative aims to create breakthrough solutions protecting global communications networks and user data against future quantum computing threats.Allot: Buy Rating Backed by Strong Q2 Security Growth, Profitability Upside and Confident Outlook
Tip Ranks·- William Blair analyst Jonathan Ho maintained a buy rating on Allot stock due to strong second-quarter performance and accelerated security business growth. - The rating is supported by security-as-a-service exceeding one third of revenue, improved profitability, and a raised full-year revenue guidance alongside a 40 million dollar share repurchase program. - Needham also maintained a buy rating on the stock with a target price of 10.50 dollars.