Analysts Set Check Point Software Technologies Ltd. (NASDAQ:CHKP) Price Target at $230.41

Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) have been given an average rating of “Moderate Buy” by the twenty-six research firms that are presently covering the company, Marketbeat.com reports. Fourteen analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $228.5909.

A number of analysts have recently commented on the company. Barclays cut their price target on Check Point Software Technologies from $235.00 to $220.00 and set an “equal weight” rating on the stock in a research note on Monday, January 5th. Weiss Ratings upgraded shares of Check Point Software Technologies from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, October 30th. JPMorgan Chase & Co. reduced their target price on shares of Check Point Software Technologies from $257.00 to $251.00 and set an “overweight” rating on the stock in a report on Wednesday, September 24th. Stifel Nicolaus set a $211.00 price target on shares of Check Point Software Technologies in a research note on Tuesday, October 28th. Finally, Morgan Stanley set a $212.00 price target on shares of Check Point Software Technologies in a report on Wednesday, October 29th.

Institutional Investors Weigh In On Check Point Software Technologies

Institutional investors have recently made changes to their positions in the stock. Legacy Investment Solutions LLC acquired a new stake in Check Point Software Technologies during the second quarter worth approximately $25,000. Measured Wealth Private Client Group LLC bought a new position in shares of Check Point Software Technologies during the 3rd quarter worth approximately $27,000. Louisbourg Investments Inc. bought a new stake in shares of Check Point Software Technologies in the 3rd quarter valued at $29,000. Ossiam increased its stake in shares of Check Point Software Technologies by 139.1% in the 3rd quarter. Ossiam now owns 165 shares of the technology company’s stock valued at $34,000 after acquiring an additional 96 shares in the last quarter. Finally, First Horizon Corp acquired a new position in shares of Check Point Software Technologies during the 3rd quarter valued at $38,000. Institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Stock Performance

NASDAQ CHKP opened at $174.36 on Monday. The firm’s fifty day moving average price is $188.51 and its two-hundred day moving average price is $195.54. The stock has a market cap of $19.18 billion, a PE ratio of 19.10, a PEG ratio of 3.15 and a beta of 0.59. Check Point Software Technologies has a fifty-two week low of $173.77 and a fifty-two week high of $234.35.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings results on Tuesday, October 28th. The technology company reported $3.94 EPS for the quarter, beating analysts’ consensus estimates of $2.45 by $1.49. The company had revenue of $677.50 million during the quarter, compared to analysts’ expectations of $673.60 million. Check Point Software Technologies had a return on equity of 37.91% and a net margin of 37.62%.Check Point Software Technologies’s revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the company earned $2.25 EPS. 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. As a group, sell-side analysts predict that Check Point Software Technologies will post 8.61 earnings per share for the current fiscal year.

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).