Actelis Networks Receives 'Buy' Rating and $5 Price Target from Analyst Theodore R. O’Neill

Actelis Networks Inc. (NASDAQ:ASNS), a leader in hybrid fiber-copper and cyber-hardened networking solutions, has received a vote of confidence from analyst Theodore R. O’Neill of Litchfield Hills Research. O’Neill has initiated coverage with a 'Buy' rating and a price target of $5, citing Actelis’ innovative technology, growth trajectory, and potentially undervalued shares.

A Leader in Cyber-Hardened IoT Networking

Actelis (NASDAQ: ASNS) is a pioneering provider of rapid-deployment networking solutions for IoT and mission-critical broadband applications. The company's core technology enables fiber-grade performance over hybrid fiber-copper networks, a significant advantage for sectors needing cost-effective solutions without extensive infrastructure overhauls. The report also highlights Actelis’ 'Cyber Aware Networking' initiative, which integrates AI-driven cybersecurity into its networking solutions.

The report underscores Actelis' 'well-protected technology moat,' supported by 31 granted U.S. patents and proprietary trade secrets, which give the company a unique edge in a competitive market. Its Triple Shield Protection technology ensures secure, high-speed connectivity across diverse media types, such as fiber, coax, and copper, enabling seamless integration even in challenging environments.

The analyst highlights the strength of Actelis' product portfolio, including the MetaLIGHT and GigaLine series, which address critical needs in intelligent traffic systems (ITS), military, utilities, and smart city projects. The report also notes the recent addition of the GL900 series, which offers ultra-low-power solutions tailored for multi-dwelling units (MDUs).

Strong Growth Strategy

The report points to Actelis’ strategic shift in 2023, where the company redirected its focus from legacy telecom customers to industrial and government clients. This shift has already shown results, with triple-digit year-over-year revenue growth reported in Q3 2024 and expectations of continued double-digit growth into 2025.

Additionally, the report emphasizes Actelis’ global reach, serving over 300 customers across 30 countries, and its blue-chip client list that includes government agencies, transportation authorities, and defense organizations. Notably, recent deployments, such as modernizing Washington, D.C.'s traffic network, highlight the reliability and versatility of its solutions.