Check Point Software Technologies (NASDAQ:CHKP) Stock Price Target Raised at Citigroup

Check Point Software Technologies (NASDAQ:CHKP) had its price objective lifted by stock analysts at Citigroup from $130.00 to $145.00 in a research note issued to investors on Tuesday, Benzinga reports. The brokerage presently has a “neutral” rating on the technology company’s stock. Citigroup‘s target price indicates a potential upside of 3.03% from the stock’s current price.

A number of other equities research analysts have also weighed in on CHKP. Raymond James Financial lowered shares of Check Point Software Technologies from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 15th. Royal Bank Of Canada boosted their target price on shares of Check Point Software Technologies from $135.00 to $140.00 and gave the stock a “sector perform” rating in a research note on Tuesday. Roth Capital set a $105.00 target price on Check Point Software Technologies in a report on Friday, July 31st. Barclays raised their price target on Check Point Software Technologies from $140.00 to $155.00 and gave the company an “equal weight” rating in a research note on Tuesday. Finally, Bank of America lifted their price target on Check Point Software Technologies from $120.00 to $140.00 and gave the stock a “neutral” rating in a report on Monday, July 27th. Ten investment analysts have rated the stock with a Buy rating and twenty have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $151.68.

Check Point Software Technologies Stock Down 0.5%

Shares of CHKP stock traded down $0.76 during trading hours on Tuesday, reaching $140.74. 890,954 shares of the stock were exchanged, compared to its average volume of 1,351,524. The business’s fifty day moving average is $137.60 and its two-hundred day moving average is $141.52. The firm has a market capitalization of $14.37 billion, a P/E ratio of 14.41, a P/E/G ratio of 4.44 and a beta of 0.48. Check Point Software Technologies has a 12-month low of $112.23 and a 12-month high of $206.43. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.67 and a quick ratio of 1.67.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings results on Monday, November 2nd. The technology company reported $2.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.48 by $0.01. Check Point Software Technologies had a net margin of 37.93% and a return on equity of 38.80%. The company had revenue of $669.80 million during the quarter, compared to the consensus estimate of $672.06 million. During the same quarter in the previous year, the firm earned $3.94 earnings per share. The firm’s quarterly revenue was down 1.1% on a year-over-year basis. As a group, research analysts expect that Check Point Software Technologies will post 8.45 EPS for the current fiscal year.

Insiders Place Their Bets

In other Check Point Software Technologies news, insider Nataly Kremer sold 3,185 shares of the company’s stock in a transaction on Thursday, October 22nd. The shares were sold at an average price of $150.08, for a total value of $478,004.80. Following the completion of the transaction, the insider owned 19,347 shares in the company, valued at $2,903,597.76. This represents a 14.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is currently owned by company insiders.

Institutional Trading of Check Point Software Technologies

Several institutional investors and hedge funds have recently made changes to their positions in the company. JNBA Financial Advisors boosted its position in shares of Check Point Software Technologies by 90.0% in the 2nd quarter. JNBA Financial Advisors now owns 190 shares of the technology company’s stock valued at $25,000 after purchasing an additional 90 shares during the period. Ascentis Independent Advisors acquired a new position in shares of Check Point Software Technologies in the first quarter valued at approximately $30,000. Elevation Wealth Partners LLC raised its stake 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 worth $33,000 after purchasing an additional 76 shares during the last quarter. Western Wealth Management LLC purchased a new stake in shares of Check Point Software Technologies during the first quarter worth approximately $33,000. Finally, Oslo Pensjonsforsikring AS purchased a new stake in shares of Check Point Software Technologies during the first quarter worth approximately $36,000. 98.51% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Check Point Software Technologies

Here are the key news stories impacting Check Point Software Technologies this week:

• Positive Sentiment: Check Point reported third-quarter EPS of $2.49, slightly above the $2.48 consensus estimate. Analysts also pointed to 11% growth in cloud-based subscription segments, strong cash flow and signs that the company’s business turnaround may be approaching. Check Point’s Turnaround Could Be Closer Than Investors Think
• Positive Sentiment: Full-year 2026 EPS guidance of $10.25–$10.37 is above the $10.04 analyst consensus, suggesting profitability may remain resilient despite slower sales growth.
• Positive Sentiment: The appointment of Adam Ely as chief business officer is intended to accelerate company-wide growth, particularly around Check Point’s AI Security business and enterprise AI adoption. Check Point Appoints Adam Ely as Chief Business Officer
• Neutral Sentiment: Analyst actions were mixed: Barclays, UBS and RBC raised targets, while JPMorgan, Morgan Stanley and Baird lowered theirs. Ratings generally remained neutral, equal weight or sector perform, although Baird maintained an outperform view. Targets now range from $131 to $170, indicating uncertainty about the pace of recovery.
• Negative Sentiment: Third-quarter revenue was $669.8 million, below the $672.1 million consensus and down 1.1% year over year. EPS fell sharply from $3.94 a year earlier, while products and licenses revenue declined 19%, raising concerns about future maintenance revenue. Check Point Software Reports 2026 Third Quarter Financial Results
• Negative Sentiment: Fourth-quarter revenue guidance of $720 million–$770 million is below the $787.3 million consensus, and the EPS range of $2.71–$2.83 only narrowly brackets expectations. Management characterized the recovery as gradual, weighing on sentiment.

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.