Check Point Software Technologies Ltd. (NASDAQ:CHKP) Given Average Rating of “Moderate Buy” by Analysts

Check Point Software Technologies Ltd. (NASDAQ:CHKP) has been assigned an average rating of “Moderate Buy” from the twenty-seven brokerages that are covering the stock, MarketBeat reports. Fourteen equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $230.4091.

Several equities analysts recently issued reports on CHKP shares. Stifel Nicolaus set a $211.00 price objective on Check Point Software Technologies in a report on Tuesday, October 28th. JPMorgan Chase & Co. cut their price target on Check Point Software Technologies from $257.00 to $251.00 and set an “overweight” rating for the company in a research note on Wednesday, September 24th. Royal Bank Of Canada decreased their price objective on shares of Check Point Software Technologies from $215.00 to $195.00 and set a “sector perform” rating on the stock in a research report on Monday, January 5th. UBS Group raised their target price on shares of Check Point Software Technologies from $210.00 to $215.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. Finally, Barclays reduced their price target on shares of Check Point Software Technologies from $235.00 to $220.00 and set an “equal weight” rating on the stock in a report on Monday, January 5th.

Check Point Software Technologies Trading Down 1.6%

Shares of CHKP opened at $185.54 on Monday. The stock’s 50 day moving average is $189.92 and its two-hundred day moving average is $196.27. Check Point Software Technologies has a twelve month low of $178.68 and a twelve month high of $234.35. The firm has a market capitalization of $20.41 billion, a PE ratio of 20.32, a P/E/G ratio of 3.27 and a beta of 0.59.

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

Hedge Funds Weigh In On Check Point Software Technologies

Hedge funds have recently bought and sold shares of the stock. Legacy Investment Solutions LLC acquired a new stake in Check Point Software Technologies in the 2nd quarter worth about $25,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Check Point Software Technologies during the 3rd quarter worth about $27,000. Louisbourg Investments Inc. acquired a new stake in shares of Check Point Software Technologies in the third quarter worth approximately $29,000. Ossiam grew its holdings in Check Point Software Technologies by 139.1% in the third quarter. Ossiam now owns 165 shares of the technology company’s stock valued at $34,000 after purchasing an additional 96 shares during the period. Finally, First Horizon Corp acquired a new position in Check Point Software Technologies during the third quarter worth approximately $38,000. Hedge funds and other institutional investors own 98.51% of the company’s stock.

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).