Brokerages Set Check Point Software Technologies Ltd. (NASDAQ:CHKP) PT at $146.50

Check Point Software Technologies Ltd. (NASDAQ:CHKPGet Free Report) has been assigned a consensus rating of “Hold” from the twenty-five ratings firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, sixteen have given a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $146.50.

CHKP has been the subject of several recent research reports. Argus raised shares of Check Point Software Technologies to a “hold” rating in a research report on Thursday, February 26th. JPMorgan Chase & Co. cut their price objective on Check Point Software Technologies from $185.00 to $135.00 and set an “overweight” rating on the stock in a research report on Friday, May 1st. UBS Group decreased their target price on Check Point Software Technologies from $170.00 to $130.00 and set a “neutral” rating for the company in a report on Friday, May 1st. BMO Capital Markets lowered their target price on Check Point Software Technologies from $210.00 to $135.00 and set an “outperform” rating for the company in a research note on Monday, May 4th. Finally, Truist Financial set a $150.00 price target on Check Point Software Technologies in a report on Thursday, April 30th.

Check Out Our Latest Research Report on CHKP

Insider Activity at Check Point Software Technologies

In related news, Director Yoav Chelouche sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the sale, the director directly owned 4,008 shares in the company, valued at approximately $562,242.24. This represents a 86.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 29.00% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA raised its holdings in shares of Check Point Software Technologies by 28.6% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock valued at $1,472,832,000 after purchasing an additional 1,766,774 shares in the last quarter. Norges Bank acquired a new position in shares of Check Point Software Technologies during the fourth quarter worth $731,276,000. First Trust Advisors LP grew its stake in shares of Check Point Software Technologies by 6.3% during the fourth quarter. First Trust Advisors LP now owns 2,654,602 shares of the technology company’s stock worth $492,588,000 after purchasing an additional 157,327 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Check Point Software Technologies by 8.5% in the third quarter. Ameriprise Financial Inc. now owns 2,171,322 shares of the technology company’s stock valued at $449,274,000 after buying an additional 170,075 shares in the last quarter. Finally, DNB Asset Management AS lifted its holdings in Check Point Software Technologies by 105.0% during the 4th quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company’s stock worth $337,782,000 after buying an additional 932,485 shares during the last quarter. Institutional investors and hedge funds own 98.51% of the company’s stock.

Check Point Software Technologies Stock Performance

NASDAQ:CHKP opened at $120.30 on Thursday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.85 and a current ratio of 1.85. The stock has a market capitalization of $12.70 billion, a P/E ratio of 12.35, a PEG ratio of 3.60 and a beta of 0.49. The company has a 50 day moving average price of $128.97 and a 200 day moving average price of $156.54. Check Point Software Technologies has a fifty-two week low of $112.23 and a fifty-two week high of $232.07.

Check Point Software Technologies (NASDAQ:CHKPGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, topping analysts’ consensus estimates of $2.42 by $0.08. The firm had revenue of $668.40 million during the quarter, compared to analysts’ expectations of $672.55 million. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the company posted $2.21 EPS. 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. Equities research analysts forecast that Check Point Software Technologies will post 8.47 EPS for the current year.

About Check Point Software Technologies

(Get Free Report)

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).

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Analyst Recommendations for Check Point Software Technologies (NASDAQ:CHKP)

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