Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) had its target price lowered by JPMorgan Chase & Co. from $167.00 to $155.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The firm currently has a “neutral” rating on the technology company’s stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 10.24% from the stock’s previous close.
Several other research analysts have also recently issued reports on CHKP. Roth Capital set a $105.00 target price on Check Point Software Technologies in a research report on Friday, July 31st. Citigroup increased their target price on shares of Check Point Software Technologies from $125.00 to $130.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Wedbush lowered shares of Check Point Software Technologies from an “outperform” rating to a “neutral” rating and set a $135.00 price target on the stock. in a research report on Thursday, September 10th. Mizuho boosted their price target on shares of Check Point Software Technologies from $135.00 to $145.00 and gave the stock a “neutral” rating in a report on Thursday, October 15th. Finally, Raymond James Financial lowered shares of Check Point Software Technologies from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 15th. Ten investment analysts have rated the stock with a Buy rating and twenty have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $151.14.
Read Our Latest Research Report on Check Point Software Technologies
Check Point Software Technologies Trading Down 0.6%
Shares of CHKP stock traded down $0.90 during mid-day trading on Tuesday, reaching $140.60. 800,841 shares of the stock traded hands, compared to its average volume of 1,350,918. The stock’s fifty day simple moving average is $137.60 and its two-hundred day simple moving average is $141.52. Check Point Software Technologies has a 1-year low of $112.23 and a 1-year high of $206.43. The company has a market cap of $14.36 billion, a price-to-earnings ratio of 14.39, a price-to-earnings-growth ratio of 4.44 and a beta of 0.48. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 0.72.
Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last announced its earnings results on Monday, November 2nd. The technology company reported $2.49 EPS for the quarter, topping the consensus estimate of $2.48 by $0.01. Check Point Software Technologies had a return on equity of 38.80% and a net margin of 37.93%. The firm had revenue of $669.80 million for the quarter, compared to the consensus estimate of $672.06 million. During the same period in the previous year, the business earned $3.94 EPS. The business’s quarterly revenue was down 1.1% compared to the same quarter last year. On average, research analysts anticipate that Check Point Software Technologies will post 8.45 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, insider Nataly Kremer sold 3,185 shares of the stock in a transaction on Thursday, October 22nd. The shares were sold at an average price of $150.08, for a total transaction of $478,004.80. Following the transaction, the insider owned 19,347 shares of the company’s stock, valued at approximately $2,903,597.76. This trade represents a 14.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is owned by insiders.
Institutional Trading of Check Point Software Technologies
Institutional investors and hedge funds have recently bought and sold shares of the stock. Park Avenue Securities LLC boosted its stake in Check Point Software Technologies by 4.0% during the third quarter. Park Avenue Securities LLC now owns 1,800 shares of the technology company’s stock worth $231,000 after acquiring an additional 69 shares in the last quarter. Elevation Wealth Partners LLC grew its holdings in shares of Check Point Software Technologies by 42.7% during the second quarter. Elevation Wealth Partners LLC now owns 254 shares of the technology company’s stock valued at $33,000 after buying an additional 76 shares during the last quarter. Yousif Capital Management LLC boosted its stake in Check Point Software Technologies by 2.0% during the 3rd quarter. Yousif Capital Management LLC now owns 3,839 shares of the technology company’s stock valued at $493,000 after purchasing an additional 77 shares during the last quarter. Aprio Wealth Management LLC raised its stake in shares of Check Point Software Technologies by 3.9% in the third quarter. Aprio Wealth Management LLC now owns 2,116 shares of the technology company’s stock worth $272,000 after purchasing an additional 79 shares during the last quarter. Finally, JNBA Financial Advisors lifted its holdings in shares of Check Point Software Technologies by 90.0% during the second quarter. JNBA Financial Advisors now owns 190 shares of the technology company’s stock valued at $25,000 after purchasing an additional 90 shares in the last quarter. 98.51% of the stock is currently owned by hedge funds and other institutional investors.
More Check Point Software Technologies News
Here are the key news stories impacting Check Point Software Technologies this week:
- Positive Sentiment: Analysts raised price targets. UBS increased its target to $150, Barclays lifted its target to $155, and Royal Bank of Canada raised its target to $140. Robert W. Baird maintained an “outperform” rating with a $170 target, while Cantor Fitzgerald kept a “neutral” rating and a $150 target. The generally higher targets suggest analysts see longer-term upside despite near-term challenges. UBS price target article
- Positive Sentiment: Subscription and cloud businesses are showing momentum. Cloud-based subscription growth helped drive approximately 11% growth in the relevant segment during the third quarter, alongside strong cash flow. Management and analysts described these trends as evidence that Check Point’s broader turnaround may be progressing. Check Point turnaround article
- Positive Sentiment: Full-year earnings guidance was raised relative to expectations. Fiscal 2026 EPS guidance of $10.25-$10.37 is above the $10.04 consensus estimate, while the company appointed Adam Ely as chief business officer to lead its company-wide growth and AI security strategy. Adam Ely appointment article
- Neutral Sentiment: Third-quarter EPS narrowly beat estimates, but revenue missed. Check Point reported $2.49 in EPS versus $2.48 expected, while revenue of $669.8 million trailed the $672.1 million consensus and declined 1.1% year over year. Third-quarter results article
- Negative Sentiment: Near-term guidance was weaker than expected. Fourth-quarter revenue guidance of $720 million-$770 million is below the $787.3 million consensus, and products and licenses revenue fell 19%. The decline could also weigh on future maintenance revenue, while management indicated that the recovery is taking longer than anticipated. Check Point revenue and recovery article
About Check Point Software Technologies
Check Point Software Technologies Ltd. is a cybersecurity company that develops products and services designed to protect organizations, governments and consumers from cyber threats. Its offerings help secure networks, cloud environments, endpoints, mobile devices, data and remote access, with capabilities including threat prevention, firewall protection, intrusion prevention, email security and security management.
The company organizes its portfolio under platforms that include Quantum for network security, CloudGuard for cloud security and Harmony for user, endpoint and remote-access protection.
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