Check Point Software Technologies (NASDAQ:CHKP) Reaches New 12-Month Low – Time to Sell?

Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $178.67 and last traded at $178.8430, with a volume of 1085104 shares trading hands. The stock had previously closed at $185.54.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on CHKP shares. Mizuho set a $225.00 target price on shares of Check Point Software Technologies in a report on Wednesday, October 29th. Weiss Ratings upgraded Check Point Software Technologies from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, October 30th. KeyCorp raised Check Point Software Technologies to a “hold” rating in a research note on Monday, January 12th. Morgan Stanley set a $212.00 price target on Check Point Software Technologies in a research note on Wednesday, October 29th. Finally, BMO Capital Markets lifted their price target on shares of Check Point Software Technologies from $215.00 to $240.00 and gave the company an “outperform” rating in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and fourteen have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $229.27.

Check Point Software Technologies Stock Down 3.7%

The company has a market capitalization of $19.65 billion, a P/E ratio of 19.57, a price-to-earnings-growth ratio of 3.27 and a beta of 0.59. The company has a 50-day moving average of $189.59 and a two-hundred day moving average of $196.00.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings data on Tuesday, October 28th. The technology company reported $3.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $673.60 million. During the same quarter in the prior year, the company earned $2.25 earnings per share. The firm’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. As a group, equities analysts expect that Check Point Software Technologies Ltd. will post 8.61 EPS for the current fiscal year.

Institutional Investors Weigh In On Check Point Software Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Legacy Investment Solutions LLC purchased a new position in shares of Check Point Software Technologies during the second quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC bought a new position in Check Point Software Technologies during the 3rd quarter valued at approximately $27,000. Louisbourg Investments Inc. bought a new position in Check Point Software Technologies during the 3rd quarter valued at approximately $29,000. Ossiam raised its stake in Check Point Software Technologies by 139.1% during the third quarter. Ossiam now owns 165 shares of the technology company’s stock valued at $34,000 after buying an additional 96 shares during the last quarter. Finally, First Horizon Corp bought a new stake in Check Point Software Technologies in the third quarter worth $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).