Check Point Software Technologies Ltd. (NASDAQ:CHKP) Receives Consensus Rating of “Moderate Buy” from Analysts

Check Point Software Technologies Ltd. (NASDAQ:CHKP) has received an average recommendation of “Moderate Buy” from the twenty-six research firms that are presently covering the company, Marketbeat reports. Fourteen research analysts have rated the stock with a hold recommendation, eleven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $228.5909.

Several equities analysts have commented on the stock. Truist Financial set a $225.00 price target on shares of Check Point Software Technologies in a research report on Tuesday, January 20th. Morgan Stanley set a $212.00 target price on Check Point Software Technologies in a report on Wednesday, October 29th. UBS Group upped their price target on Check Point Software Technologies from $210.00 to $215.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Weiss Ratings raised Check Point Software Technologies from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, October 30th. Finally, Mizuho set a $225.00 price objective on Check Point Software Technologies in a research report on Wednesday, October 29th.

Check Point Software Technologies Price Performance

Shares of Check Point Software Technologies stock opened at $181.23 on Monday. The stock has a market capitalization of $19.93 billion, a price-to-earnings ratio of 19.85, a price-to-earnings-growth ratio of 3.38 and a beta of 0.59. The business has a 50-day moving average of $187.78 and a 200 day moving average of $194.66. Check Point Software Technologies has a 12 month low of $173.77 and a 12 month high of $234.35.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings results on Tuesday, October 28th. The technology company reported $3.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.45 by $1.49. The business had revenue of $677.50 million for the quarter, compared to analysts’ expectations of $673.60 million. Check Point Software Technologies had a net margin of 37.62% and a return on equity of 37.91%. The business’s quarterly revenue was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.25 earnings per share. 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. Equities research analysts anticipate that Check Point Software Technologies will post 8.61 earnings per share for the current year.

Institutional Investors Weigh In On Check Point Software Technologies

A number of large investors have recently modified their holdings of CHKP. AQR Capital Management LLC acquired a new position in shares of Check Point Software Technologies during the first quarter worth $262,000. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Check Point Software Technologies by 6.0% during the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,183 shares of the technology company’s stock worth $2,474,000 after acquiring an additional 629 shares in the last quarter. Fulton Bank N.A. boosted its position in shares of Check Point Software Technologies by 3.2% during the 2nd quarter. Fulton Bank N.A. now owns 1,493 shares of the technology company’s stock worth $330,000 after acquiring an additional 46 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Check Point Software Technologies by 125.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 11,937 shares of the technology company’s stock valued at $2,641,000 after acquiring an additional 6,637 shares during the last quarter. Finally, BTC Capital Management Inc. raised its position in shares of Check Point Software Technologies by 3.2% during the 2nd quarter. BTC Capital Management Inc. now owns 4,796 shares of the technology company’s stock worth $1,061,000 after acquiring an additional 150 shares in the last quarter. 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).