Check Point Software Technologies Ltd. (NASDAQ:CHKP) Receives $149.67 Average Target Price from Analysts

Check Point Software Technologies Ltd. (NASDAQ:CHKPGet Free Report) has been given an average recommendation of “Hold” by the twenty-seven research firms that are presently covering the company, Marketbeat.com reports. Eighteen analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $149.6667.

A number of equities analysts have recently commented on CHKP shares. Roth Capital set a $105.00 price objective on shares of Check Point Software Technologies in a report on Friday, July 31st. Stifel Nicolaus upped their price target on shares of Check Point Software Technologies from $120.00 to $130.00 and gave the stock a “hold” rating in a research report on Friday, July 31st. Scotiabank raised shares of Check Point Software Technologies from a “sector perform” rating to an “outperform” rating and set a $185.00 target price for the company in a research note on Monday, July 6th. The Goldman Sachs Group reduced their target price on shares of Check Point Software Technologies from $168.00 to $150.00 and set a “neutral” rating on the stock in a research report on Saturday, August 1st. Finally, Weiss Ratings raised shares of Check Point Software Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 7th.

Get Our Latest Analysis on Check Point Software Technologies

Insider Buying and Selling

In other news, CRO Sherif Seddik sold 10,272 shares of Check Point Software Technologies stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $123.59, for a total value of $1,269,516.48. Following the completion of the sale, the executive directly owned 24,675 shares of the company’s stock, valued at approximately $3,049,583.25. This trade represents a 29.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 29.00% of the company’s stock.

Hedge Funds Weigh In On Check Point Software Technologies

Several large investors have recently bought and sold shares of CHKP. Phoenix Financial Ltd. bought a new position in Check Point Software Technologies during the fourth quarter worth about $30,202,000. Goldman Sachs Group Inc. raised its position in shares of Check Point Software Technologies by 30.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 639,967 shares of the technology company’s stock valued at $118,752,000 after acquiring an additional 149,637 shares during the period. Hsbc Holdings PLC raised its position in shares of Check Point Software Technologies by 56.8% in the 4th quarter. Hsbc Holdings PLC now owns 69,340 shares of the technology company’s stock valued at $12,902,000 after acquiring an additional 25,105 shares during the period. Victory Capital Management Inc. boosted its stake in Check Point Software Technologies by 16.2% during the 4th quarter. Victory Capital Management Inc. now owns 1,684,756 shares of the technology company’s stock worth $312,623,000 after acquiring an additional 234,539 shares during the last quarter. Finally, World Investment Advisors grew its holdings in Check Point Software Technologies by 38.4% during the fourth quarter. World Investment Advisors now owns 30,146 shares of the technology company’s stock valued at $5,594,000 after purchasing an additional 8,370 shares during the period. 98.51% of the stock is currently owned by institutional investors and hedge funds.

Check Point Software Technologies Stock Down 0.3%

NASDAQ CHKP opened at $137.05 on Tuesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.67 and a current ratio of 1.67. The firm has a 50-day simple moving average of $132.38 and a 200 day simple moving average of $136.62. Check Point Software Technologies has a twelve month low of $112.23 and a twelve month high of $210.66. The stock has a market cap of $13.99 billion, a PE ratio of 14.03, a PEG ratio of 3.92 and a beta of 0.50.

Check Point Software Technologies (NASDAQ:CHKPGet Free Report) last issued its quarterly earnings results on Thursday, July 30th. The technology company reported $2.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.45 by $0.10. The firm had revenue of $673.60 million for the quarter, compared to analyst estimates of $675.45 million. Check Point Software Technologies had a return on equity of 38.80% and a net margin of 37.93%.The company’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.37 earnings per share. 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. On average, research analysts forecast that Check Point Software Technologies will post 8.46 EPS for the current year.

About Check Point Software Technologies

(Get Free Report)

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).

Further Reading

Analyst Recommendations for Check Point Software Technologies (NASDAQ:CHKP)

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