Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 2.430-2.530 for the period, compared to the consensus EPS estimate of 2.490. The company issued revenue guidance of $655.0 million-$685.0 million, compared to the consensus revenue estimate of $696.5 million. Check Point Software Technologies also updated its FY 2026 guidance to 10.050-10.850 EPS.
Analysts Set New Price Targets
Several research analysts have weighed in on the stock. Citigroup lowered their price target on shares of Check Point Software Technologies from $190.00 to $125.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Roth Capital set a $105.00 price objective on Check Point Software Technologies in a report on Friday. Stifel Nicolaus upped their target price on Check Point Software Technologies from $120.00 to $130.00 and gave the company a “hold” rating in a research report on Friday. JPMorgan Chase & Co. lowered Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $135.00 target price on the stock. in a research note on Monday. Finally, Compass Point set a $135.00 price target on Check Point Software Technologies in a report on Monday. Nine research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Check Point Software Technologies has an average rating of “Hold” and a consensus target price of $150.15.
Check Out Our Latest Stock Analysis on Check Point Software Technologies
Check Point Software Technologies Stock Performance
Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The technology company reported $2.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.45 by $0.10. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. The firm had revenue of $673.60 million during the quarter, compared to the consensus estimate of $675.45 million. During the same quarter in the previous year, the firm posted $2.37 EPS. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. Check Point Software Technologies has set its Q3 2026 guidance at 2.430-2.530 EPS and its FY 2026 guidance at 10.050-10.850 EPS. Analysts anticipate that Check Point Software Technologies will post 8.44 earnings per share for the current fiscal year.
Insider Activity
In related news, Director Yoav Chelouche sold 25,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the sale, the director 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 29.00% of the company’s stock.
Trending Headlines about Check Point Software Technologies
Here are the key news stories impacting Check Point Software Technologies this week:
- Positive Sentiment: Second-quarter adjusted earnings were $2.55 per share, above the $2.45 consensus and up from $2.37 a year earlier. Revenue rose 1.3% year over year to $673.6 million, while subscription revenue and demand for AI-security products supported the results. Check Point Q2 Earnings Beat Estimates, Revenues Increase Y/Y
- Positive Sentiment: Susquehanna raised its price target from $140 to $150 and upgraded its view to “positive,” implying meaningful upside from recent levels. Susquehanna analyst update
- Positive Sentiment: Check Point launched an AI Network Firewall designed to give organizations visibility and control over employee, application and agent use of AI without requiring new infrastructure. The product could expand the company’s security opportunity as enterprise AI adoption grows. Check Point launches AI Network Firewall
- Neutral Sentiment: Full-year 2026 EPS guidance of $10.05–$10.85 is slightly above the $10.03 consensus, while revenue guidance of $2.8–$2.9 billion is broadly in line with expectations. Check Point reports second-quarter results
- Negative Sentiment: Third-quarter revenue guidance of $655 million–$685 million fell below the $696.5 million consensus, raising concerns about near-term growth. EPS guidance of $2.43–$2.53 was centered near expectations.
- Negative Sentiment: Wells Fargo lowered its price target from $140 to $130 and maintained an “equal weight” rating, signaling limited expected upside. Wells Fargo analyst update
- Negative Sentiment: Product sales and cash flow reportedly faced pressure, reinforcing investor concerns that subscription growth and AI demand may not yet be translating into stronger overall revenue momentum.
Institutional Investors Weigh In On Check Point Software Technologies
Institutional investors and hedge funds have recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Check Point Software Technologies by 26,561.6% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,233,899 shares of the technology company’s stock valued at $228,962,000 after buying an additional 1,229,271 shares during the period. Alyeska Investment Group L.P. lifted its holdings in shares of Check Point Software Technologies by 548.4% during the 3rd quarter. Alyeska Investment Group L.P. now owns 328,647 shares of the technology company’s stock worth $68,000,000 after acquiring an additional 277,958 shares during the period. Balyasny Asset Management L.P. acquired a new stake in shares of Check Point Software Technologies during the 3rd quarter worth approximately $53,202,000. ION Fund Management Ltd acquired a new stake in shares of Check Point Software Technologies during the 4th quarter worth approximately $47,155,000. Finally, Ameriprise Financial Inc. increased its stake in Check Point Software Technologies by 9.3% in the second quarter. Ameriprise Financial Inc. now owns 2,001,247 shares of the technology company’s stock valued at $442,733,000 after acquiring an additional 170,373 shares during the last quarter. 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).
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