Check Point Software Technologies Ltd. (NASDAQ:CHKP) Receives Consensus Rating of “Hold” from Brokerages

Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) have received an average rating of “Hold” from the twenty-seven analysts that are currently covering the stock, Marketbeat Ratings reports. Fifteen research analysts have rated the stock with a hold recommendation, eleven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $230.9130.

A number of equities research analysts have recently issued reports on CHKP shares. Morgan Stanley set a $212.00 target price on shares of Check Point Software Technologies in a research note on Wednesday, October 29th. Royal Bank Of Canada upped their price objective on Check Point Software Technologies from $207.00 to $215.00 and gave the company a “sector perform” rating in a research note on Wednesday, October 29th. Roth Capital reaffirmed a “neutral” rating on shares of Check Point Software Technologies in a report on Monday, October 27th. Weiss Ratings upgraded Check Point Software Technologies from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, October 30th. Finally, UBS Group upped their price target on Check Point Software Technologies from $210.00 to $215.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th.

Check Point Software Technologies Trading Down 0.6%

Check Point Software Technologies stock opened at $188.58 on Thursday. Check Point Software Technologies has a 52 week low of $178.64 and a 52 week high of $234.35. The stock has a market cap of $20.74 billion, a P/E ratio of 20.65, a price-to-earnings-growth ratio of 3.02 and a beta of 0.61. The stock has a 50 day moving average of $192.34 and a 200-day moving average of $199.45.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings results on Tuesday, October 28th. The technology company reported $3.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.45 by $1.49. Check Point Software Technologies had a net margin of 37.62% and a return on equity of 37.91%. The firm had revenue of $677.50 million for the quarter, compared to analysts’ expectations of $673.60 million. During the same period in the prior year, the company posted $2.25 earnings per share. The firm’s quarterly revenue was up 6.7% on a year-over-year basis. Check Point Software Technologies has set its FY 2025 guidance at 11.220-11.320 EPS and its Q4 2025 guidance at 2.700-2.800 EPS. As a group, equities analysts predict that Check Point Software Technologies will post 8.61 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Legacy Investment Solutions LLC bought a new stake in shares of Check Point Software Technologies during the 2nd quarter valued at about $25,000. Measured Wealth Private Client Group LLC acquired a new position in Check Point Software Technologies in the third quarter valued at approximately $27,000. Louisbourg Investments Inc. bought a new position in shares of Check Point Software Technologies during the third quarter valued at approximately $29,000. Ossiam raised its position in shares of Check Point Software Technologies by 139.1% during the 3rd quarter. Ossiam now owns 165 shares of the technology company’s stock worth $34,000 after purchasing an additional 96 shares during the period. Finally, First Horizon Corp bought a new stake in shares of Check Point Software Technologies in the 3rd quarter worth approximately $38,000. 98.51% of the stock is currently owned by institutional investors.

About Check Point Software Technologies

Check Point Software Technologies Ltd. is an Israeli-founded cybersecurity company that develops, markets and supports a broad portfolio of network, cloud and endpoint security products. Founded in 1993, the company was an early pioneer of stateful inspection firewall technology and later developed a modular “software blade” approach that allowed customers to combine protection capabilities. Check Point’s product set spans physical and virtual security appliances, software and cloud-native services designed to prevent cyberattacks, protect data and simplify security management for enterprises and service providers.

Key product families include Quantum Security Gateways (on-premises and hybrid appliances), CloudGuard (cloud security posture and workload protection), Harmony (endpoint, remote access and unified endpoint security), and SandBlast (advanced threat prevention and sandboxing).