Barclays Forecasts Strong Price Appreciation for Check Point Software Technologies (NASDAQ:CHKP) Stock

Check Point Software Technologies (NASDAQ:CHKP) had its price objective raised by research analysts at Barclays from $133.00 to $145.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has an “equal weight” rating on the technology company’s stock. Barclays‘s price target suggests a potential upside of 10.10% from the company’s current price.

CHKP has been the topic of a number of other reports. UBS Group decreased their target price on Check Point Software Technologies from $170.00 to $130.00 and set a “neutral” rating on the stock in a report on Friday, May 1st. Morgan Stanley set a $133.00 price target on Check Point Software Technologies in a research report on Friday, May 1st. Wedbush dropped their price target on Check Point Software Technologies from $210.00 to $160.00 and set an “outperform” rating on the stock in a research note on Friday, May 1st. TD Cowen set a $180.00 price objective on Check Point Software Technologies in a report on Thursday, April 30th. Finally, Stephens reaffirmed an “overweight” rating and set a $145.00 price objective on shares of Check Point Software Technologies in a research note on Thursday, April 30th. Ten analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $150.70.

Check Point Software Technologies Stock Performance

Shares of NASDAQ:CHKP opened at $131.70 on Monday. The firm has a market capitalization of $13.91 billion, a PE ratio of 13.52, a P/E/G ratio of 3.89 and a beta of 0.49. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.85 and a quick ratio of 1.85. The business has a 50-day moving average of $127.50 and a two-hundred day moving average of $150.70. Check Point Software Technologies has a 12 month low of $112.23 and a 12 month high of $225.23.

Check Point Software Technologies (NASDAQ:CHKP) last released its earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.42 by $0.08. The firm had revenue of $668.40 million for the quarter, compared to analyst estimates of $672.55 million. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.Check Point Software Technologies’s revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the company earned $2.21 earnings per share. Check Point Software Technologies has set its FY 2026 guidance at 10.050-10.850 EPS and its Q2 2026 guidance at 2.400-2.500 EPS. As a group, research analysts forecast that Check Point Software Technologies will post 8.46 earnings per share for the current year.

Insiders Place Their Bets

In other Check Point Software Technologies news, Director Yoav Chelouche sold 25,000 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total value of $3,507,000.00. Following the completion of the sale, the director owned 4,008 shares in the company, valued at approximately $562,242.24. This trade represents a 86.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 29.00% of the company’s stock.

Hedge Funds Weigh In On Check Point Software Technologies

A number of large investors have recently bought and sold shares of CHKP. Nordea Investment Management AB boosted its holdings in shares of Check Point Software Technologies by 3.3% during the 4th quarter. Nordea Investment Management AB now owns 1,106,298 shares of the technology company’s stock valued at $205,827,000 after buying an additional 35,448 shares in the last quarter. Phoenix Financial Ltd. purchased a new position in Check Point Software Technologies in the 4th quarter worth approximately $30,202,000. Massachusetts Financial Services Co. MA lifted its stake in Check Point Software Technologies by 28.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock valued at $1,472,832,000 after acquiring an additional 1,766,774 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of Check Point Software Technologies by 7.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 162,807 shares of the technology company’s stock valued at $30,210,000 after buying an additional 10,644 shares during the period. Finally, Ion Asset Management Ltd. purchased a new position in Check Point Software Technologies in the third quarter worth about $53,510,000. 98.51% of the stock is owned by hedge funds and other 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).