Check Point Software Technologies (NASDAQ:CHKP) Rating Lowered to “Neutral” at Bank of America

Check Point Software Technologies (NASDAQ:CHKP) was downgraded by equities research analysts at Bank of America from a “buy” rating to a “neutral” rating in a research note issued on Monday. They presently have a $120.00 price target on the technology company’s stock. Bank of America‘s price target indicates a potential upside of 4.79% from the stock’s current price.

Other equities research analysts have also recently issued reports about the company. KeyCorp raised Check Point Software Technologies to a “hold” rating in a research note on Monday, January 12th. Wedbush dropped their price objective on Check Point Software Technologies from $210.00 to $160.00 and set an “outperform” rating for the company in a research note on Friday. Cantor Fitzgerald dropped their price objective on Check Point Software Technologies from $190.00 to $175.00 and set a “neutral” rating for the company in a research note on Tuesday, April 21st. Weiss Ratings cut Check Point Software Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, April 27th. Finally, Piper Sandler cut Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $120.00 price objective for the company. in a research note on Thursday. Eight research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $149.38.

Check Point Software Technologies Stock Performance

Shares of Check Point Software Technologies stock opened at $114.51 on Monday. Check Point Software Technologies has a one year low of $112.23 and a one year high of $233.78. The company has a market cap of $12.09 billion, a price-to-earnings ratio of 11.76, a PEG ratio of 2.53 and a beta of 0.43. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.05 and a current ratio of 2.05. The business’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 data on Thursday, April 30th. The technology company reported $2.50 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.08. The firm had revenue of $668.40 million for the quarter, compared to the consensus estimate 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 revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the business posted $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, research analysts predict that Check Point Software Technologies will post 8.58 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Fifth Third Bancorp grew its stake in Check Point Software Technologies by 45.9% during the 1st quarter. Fifth Third Bancorp now owns 766 shares of the technology company’s stock worth $109,000 after purchasing an additional 241 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in Check Point Software Technologies by 4.8% during the 1st quarter. Sequoia Financial Advisors LLC now owns 8,487 shares of the technology company’s stock worth $1,212,000 after purchasing an additional 391 shares in the last quarter. SkyOak Wealth LLC grew its stake in Check Point Software Technologies by 47.8% during the 1st quarter. SkyOak Wealth LLC now owns 3,400 shares of the technology company’s stock worth $486,000 after purchasing an additional 1,100 shares in the last quarter. Evergreen Private Wealth LLC grew its stake in Check Point Software Technologies by 0.9% during the 1st quarter. Evergreen Private Wealth LLC now owns 46,782 shares of the technology company’s stock worth $6,683,000 after purchasing an additional 422 shares in the last quarter. Finally, R Squared Ltd acquired a new position in Check Point Software Technologies during the 1st quarter worth $225,000. 98.51% of the stock is owned by institutional investors and hedge funds.

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).