Check Point Software Technologies (NASDAQ:CHKP) Given New $125.00 Price Target at Citigroup

Check Point Software Technologies (NASDAQ:CHKP) had its price target decreased by analysts at Citigroup from $190.00 to $125.00 in a note issued to investors on Monday,Benzinga reports. The firm presently has a “neutral” rating on the technology company’s stock. Citigroup’s target price suggests a potential upside of 6.58% from the stock’s current price.

CHKP has been the subject of several other reports. Morgan Stanley set a $133.00 price target on Check Point Software Technologies in a research report on Friday. Barclays reduced their price target on Check Point Software Technologies from $165.00 to $133.00 and set an “equal weight” rating for the company in a research report on Friday. Jefferies Financial Group reiterated a “buy” rating and issued a $160.00 price target on shares of Check Point Software Technologies in a research report on Friday. JPMorgan Chase & Co. reduced their price target on Check Point Software Technologies from $185.00 to $135.00 and set an “overweight” rating for the company in a research report on Friday. Finally, KeyCorp upgraded Check Point Software Technologies to a “hold” rating in a research report on Monday, January 12th. Eight investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $146.50.

Check Point Software Technologies Stock Performance

Shares of NASDAQ CHKP traded up $2.77 during mid-day trading on Monday, hitting $117.28. The company had a trading volume of 1,927,537 shares, compared to its average volume of 1,390,236. The company has a market capitalization of $12.38 billion, a price-to-earnings ratio of 12.04, a P/E/G ratio of 2.53 and a beta of 0.43. Check Point Software Technologies has a 1 year low of $112.23 and a 1 year high of $233.78. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 0.68. The stock’s 50-day moving average price is $146.93 and its 200-day moving average price is $173.06.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.42 by $0.08. The company had revenue of $668.40 million during the quarter, compared to analysts’ expectations of $672.55 million. Check Point Software Technologies had a return on equity of 38.40% and a net margin of 38.37%.The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business 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. On average, sell-side analysts forecast that Check Point Software Technologies will post 8.58 earnings per share for the current year.

Hedge Funds Weigh In On Check Point Software Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of the company. HUB Investment Partners LLC boosted its holdings in shares of Check Point Software Technologies by 1.5% in the 3rd quarter. HUB Investment Partners LLC now owns 3,558 shares of the technology company’s stock worth $736,000 after purchasing an additional 53 shares in the last quarter. Modern Wealth Management LLC boosted its holdings in shares of Check Point Software Technologies by 3.6% in the 3rd quarter. Modern Wealth Management LLC now owns 1,513 shares of the technology company’s stock worth $313,000 after purchasing an additional 53 shares in the last quarter. Philip James Wealth Mangement LLC boosted its holdings in shares of Check Point Software Technologies by 1.1% in the 3rd quarter. Philip James Wealth Mangement LLC now owns 4,780 shares of the technology company’s stock worth $989,000 after purchasing an additional 54 shares in the last quarter. Horizon Investments LLC boosted its holdings in shares of Check Point Software Technologies by 28.9% in the 3rd quarter. Horizon Investments LLC now owns 241 shares of the technology company’s stock worth $50,000 after purchasing an additional 54 shares in the last quarter. Finally, Pinnacle West Asset Management Inc. boosted its holdings in shares of Check Point Software Technologies by 4.6% in the 3rd quarter. Pinnacle West Asset Management Inc. now owns 1,255 shares of the technology company’s stock worth $260,000 after purchasing an additional 55 shares in the last quarter. 98.51% of the stock is currently owned by hedge funds and other institutional investors.

Check Point Software Technologies Company Profile

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).