Check Point Software Technologies (NASDAQ:CHKP – Get Free Report)‘s stock had its “neutral” rating restated by analysts at Cantor Fitzgerald in a research report issued on Thursday, MarketBeat Ratings reports. They presently have a $150.00 target price on the technology company’s stock. Cantor Fitzgerald’s price objective would suggest a potential upside of 14.88% from the company’s previous close.
Other research analysts have also recently issued reports about the stock. Royal Bank Of Canada cut their price target on shares of Check Point Software Technologies from $157.00 to $135.00 and set a “sector perform” rating on the stock in a report on Friday, May 1st. Wells Fargo & Company lifted their price objective on shares of Check Point Software Technologies from $120.00 to $140.00 and gave the company an “equal weight” rating in a report on Monday, July 20th. Raymond James Financial cut shares of Check Point Software Technologies from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 15th. Mizuho set a $135.00 target price on shares of Check Point Software Technologies in a research note on Friday, May 1st. Finally, Truist Financial set a $150.00 target price on shares of Check Point Software Technologies in a research report on Thursday, April 30th. Ten analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Check Point Software Technologies currently has an average rating of “Hold” and a consensus target price of $150.52.
Read Our Latest Report on CHKP
Check Point Software Technologies Price Performance
Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 EPS for the quarter, beating the consensus estimate of $2.42 by $0.08. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The company had revenue of $668.40 million for the quarter, compared to the consensus estimate of $672.55 million. During the same quarter in the prior year, the company posted $2.21 EPS. Check Point Software Technologies’s quarterly revenue was up 4.8% on a year-over-year basis. 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. As a group, sell-side analysts predict that Check Point Software Technologies will post 8.44 earnings per share for the current year.
Insiders Place Their Bets
In related news, Director Yoav Chelouche sold 25,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total value of $3,507,000.00. Following the completion of the sale, the director directly owned 4,008 shares of the company’s stock, valued at $562,242.24. This represents a 86.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Check Point Software Technologies
Several large investors have recently modified their holdings of the business. Kentucky Trust Co lifted its position in shares of Check Point Software Technologies by 9.3% in the 2nd quarter. Kentucky Trust Co now owns 2,340 shares of the technology company’s stock worth $308,000 after purchasing an additional 200 shares during the period. Handelsbanken Fonder AB increased its holdings in Check Point Software Technologies by 18.8% during the second quarter. Handelsbanken Fonder AB now owns 28,156 shares of the technology company’s stock valued at $3,701,000 after buying an additional 4,462 shares during the period. Legacy Wealth Asset Management LLC increased its holdings in Check Point Software Technologies by 250.9% during the second quarter. Legacy Wealth Asset Management LLC now owns 16,892 shares of the technology company’s stock valued at $2,220,000 after buying an additional 12,078 shares during the period. Franklin Parlapiano Turner & Welch LLC raised its stake in Check Point Software Technologies by 10.6% in the second quarter. Franklin Parlapiano Turner & Welch LLC now owns 44,816 shares of the technology company’s stock worth $5,890,000 after buying an additional 4,306 shares in the last quarter. Finally, HF Advisory Group LLC lifted its holdings in Check Point Software Technologies by 26.9% during the second quarter. HF Advisory Group LLC now owns 8,343 shares of the technology company’s stock worth $1,097,000 after buying an additional 1,768 shares during the period. Institutional investors own 98.51% of the company’s stock.
About Check Point Software Technologies
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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