Wells Fargo & Company Initiates Coverage on Check Point Software Technologies (NASDAQ:CHKP)

Research analysts at Wells Fargo & Company started coverage on shares of Check Point Software Technologies (NASDAQ:CHKP) in a research report issued to clients and investors on Tuesday, MarketBeat Ratings reports. The firm set an “equal weight” rating and a $165.00 price target on the technology company’s stock. Wells Fargo & Company‘s price objective indicates a potential upside of 4.40% from the stock’s current price.

Other equities analysts have also issued reports about the stock. KeyCorp raised shares of Check Point Software Technologies to a “hold” rating in a report on Monday, January 12th. Royal Bank Of Canada dropped their price target 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. Argus raised shares of Check Point Software Technologies to a “hold” rating in a report on Thursday, February 26th. Piper Sandler lowered their target price on shares of Check Point Software Technologies from $260.00 to $240.00 and set an “overweight” rating on the stock in a research note on Monday, January 5th. Finally, Stephens dropped their target price on Check Point Software Technologies from $240.00 to $210.00 and set an “overweight” rating on the stock in a research report on Friday, February 13th. Nine equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $212.40.

Check Point Software Technologies Stock Down 1.0%

Shares of CHKP opened at $158.04 on Tuesday. Check Point Software Technologies has a 52 week low of $150.17 and a 52 week high of $234.35. The company has a quick ratio of 1.19, a current ratio of 2.05 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $17.38 billion, a price-to-earnings ratio of 16.39, a PEG ratio of 3.54 and a beta of 0.63. The stock’s 50-day moving average price is $176.24 and its 200-day moving average price is $187.90.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share for the quarter, beating the consensus estimate of $2.77 by $0.63. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The company had revenue of $744.90 million during the quarter, compared to analysts’ expectations of $746.40 million. During the same period last year, the business earned $2.70 earnings per share. Check Point Software Technologies’s quarterly revenue was up 5.9% on a year-over-year basis. Check Point Software Technologies has set its Q1 2026 guidance at 2.350-2.450 EPS and its FY 2026 guidance at 10.050-10.850 EPS. On average, sell-side analysts predict that Check Point Software Technologies will post 8.61 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CHKP. AQR Capital Management LLC purchased a new position in shares of Check Point Software Technologies in the first quarter worth about $262,000. Bank of New York Mellon Corp grew its stake in Check Point Software Technologies by 1.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 638,725 shares of the technology company’s stock valued at $141,318,000 after acquiring an additional 11,236 shares in the last quarter. Hussman Strategic Advisors Inc. raised its holdings in Check Point Software Technologies by 233.3% in the 2nd quarter. Hussman Strategic Advisors Inc. now owns 21,000 shares of the technology company’s stock valued at $4,646,000 after acquiring an additional 14,700 shares during the last quarter. Optivise Advisory Services LLC acquired a new stake in Check Point Software Technologies in the 2nd quarter valued at about $209,000. Finally, Huntington National Bank lifted its stake in Check Point Software Technologies by 1.5% in the 2nd quarter. Huntington National Bank now owns 8,552 shares of the technology company’s stock worth $1,892,000 after purchasing an additional 130 shares in the last quarter. 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).