Check Point Software Technologies (NASDAQ:CHKP) Stock Gets Price Target Reduction from Robert W. Baird

Posted by Brian Himes on Nov 6th, 2026

Check Point Software Technologies (NASDAQ:CHKP – Free Report) had its price target reduced by Robert W. Baird from $175.00 to $170.00 in a research report released on Tuesday morning,Benzinga reports. Robert W. Baird currently has an outperform rating on the technology company’s stock.

A number of other analysts have also issued reports on the company. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $150.00 target price on shares of Check Point Software Technologies in a research report on Monday, October 26th. Roth Capital set a $105.00 price target on Check Point Software Technologies in a research note on Friday, July 31st. Mizuho increased their price target on Check Point Software Technologies from $135.00 to $145.00 and gave the company a “neutral” rating in a report on Thursday, October 15th. Citigroup raised their price objective on Check Point Software Technologies from $125.00 to $130.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Finally, UBS Group restated a “neutral” rating and set a $145.00 price objective on shares of Check Point Software Technologies in a report on Thursday, October 15th. Ten equities research analysts have rated the stock with a Buy rating and twenty have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $151.32.

Read Our Latest Stock Report on Check Point Software Technologies

Check Point Software Technologies Price Performance

CHKP opened at $148.18 on Tuesday. The company has a fifty day simple moving average of $138.58 and a 200 day simple moving average of $140.90. The firm has a market cap of $15.13 billion, a price-to-earnings ratio of 17.83, a PEG ratio of 4.22 and a beta of 0.43. Check Point Software Technologies has a twelve month low of $112.23 and a twelve month high of $206.43. The company has a current ratio of 1.60, a quick ratio of 1.67 and a debt-to-equity ratio of 0.75.

Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last released its quarterly earnings results on Monday, November 2nd. The technology company reported $2.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.01. Check Point Software Technologies had a net margin of 31.74% and a return on equity of 34.08%. The firm had revenue of $669.80 million for the quarter, compared to the consensus estimate of $672.06 million. During the same quarter in the previous year, the firm posted $3.94 EPS. The firm’s quarterly revenue was down 1.1% on a year-over-year basis. Equities research analysts expect that Check Point Software Technologies will post 8.45 EPS for the current fiscal year.

Insiders Place Their Bets

In other Check Point Software Technologies news, insider Nataly Kremer sold 3,185 shares of the firm’s stock in a transaction on Thursday, October 22nd. The shares were sold at an average price of $150.08, for a total transaction of $478,004.80. Following the completion of the transaction, the insider directly owned 19,347 shares of the company’s stock, valued at $2,903,597.76. This trade represents a 14.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 corporate insiders.

Hedge Funds Weigh In On Check Point Software Technologies

Large investors have recently modified their holdings of the stock. Junto Capital Management LP bought a new position in shares of Check Point Software Technologies during the second quarter valued at approximately $72,445,000. Renaissance Technologies LLC bought a new stake in shares of Check Point Software Technologies in the 1st quarter worth approximately $34,171,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Check Point Software Technologies in the 2nd quarter worth approximately $25,752,000. Bank of America Corp DE lifted its holdings in shares of Check Point Software Technologies by 26.6% in the 1st quarter. Bank of America Corp DE now owns 808,428 shares of the technology company’s stock worth $115,484,000 after purchasing an additional 170,024 shares during the last quarter. Finally, Mizuho Markets Americas LLC boosted its position in Check Point Software Technologies by 633.4% during the 1st quarter. Mizuho Markets Americas LLC now owns 158,900 shares of the technology company’s stock valued at $22,699,000 after purchasing an additional 137,235 shares during the period. Institutional investors own 98.51% of the company’s stock.

About Check Point Software Technologies

(Get Free Report)

Check Point Software Technologies Ltd. is a cybersecurity company that develops products and services designed to protect organizations, governments and consumers from cyber threats. Its offerings help secure networks, cloud environments, endpoints, mobile devices, data and remote access, with capabilities including threat prevention, firewall protection, intrusion prevention, email security and security management.

The company organizes its portfolio under platforms that include Quantum for network security, CloudGuard for cloud security and Harmony for user, endpoint and remote-access protection.