Brokerages Set Check Point Software Technologies Ltd. (NASDAQ:CHKP) Price Target at $150.26

Check Point Software Technologies Ltd. (NASDAQ:CHKPGet Free Report) has earned a consensus rating of “Hold” from the twenty-seven research firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, sixteen have given a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $150.7037.

Several brokerages have recently commented on CHKP. The Goldman Sachs Group set a $168.00 price objective on shares of Check Point Software Technologies in a report on Friday, May 1st. Truist Financial set a $150.00 target price on shares of Check Point Software Technologies in a report on Thursday, April 30th. UBS Group cut their target price on Check Point Software Technologies from $170.00 to $130.00 and set a “neutral” rating on the stock in a research report on Friday, May 1st. Cantor Fitzgerald decreased their price target on Check Point Software Technologies from $190.00 to $175.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 21st. Finally, Piper Sandler lowered Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $120.00 price target for the company. in a research report on Thursday, April 30th.

View Our Latest Stock Report on CHKP

Insider Activity

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

Hedge Funds Weigh In On Check Point Software Technologies

Several institutional investors have recently bought and sold shares of the company. Abound Financial LLC acquired a new stake in shares of Check Point Software Technologies during the fourth quarter worth about $27,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Check Point Software Technologies in the third quarter valued at approximately $27,000. MV Capital Management Inc. acquired a new position in shares of Check Point Software Technologies in the fourth quarter valued at approximately $28,000. Ascentis Independent Advisors purchased a new stake in Check Point Software Technologies during the 1st quarter worth approximately $30,000. Finally, Elevation Wealth Partners LLC increased its stake in Check Point Software Technologies by 42.7% during the 2nd quarter. Elevation Wealth Partners LLC now owns 254 shares of the technology company’s stock worth $33,000 after buying an additional 76 shares during the period. 98.51% of the stock is owned by institutional investors and hedge funds.

Check Point Software Technologies Stock Performance

NASDAQ CHKP opened at $137.10 on Monday. The stock has a market cap of $14.48 billion, a PE ratio of 14.08, a P/E/G ratio of 4.03 and a beta of 0.49. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.70. Check Point Software Technologies has a twelve month low of $112.23 and a twelve month high of $225.23. The stock has a fifty day simple moving average of $129.55 and a 200-day simple moving average of $149.12.

Check Point Software Technologies (NASDAQ:CHKPGet Free Report) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.42 by $0.08. The firm had revenue of $668.40 million for the quarter, compared to analyst estimates of $672.55 million. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. Check Point Software Technologies’s revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm earned $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 analysts anticipate that Check Point Software Technologies will post 8.46 earnings per share for the current year.

Check Point Software Technologies Company Profile

(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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