Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 10.050-10.850 for the period, compared to the consensus earnings per share estimate of 10.030. The company issued revenue guidance of $2.8 billion-$2.9 billion, compared to the consensus revenue estimate of $2.8 billion. Check Point Software Technologies also updated its Q3 2026 guidance to 2.430-2.530 EPS.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the stock. Bank of America raised their price objective on shares of Check Point Software Technologies from $120.00 to $140.00 and gave the company a “neutral” rating in a research report on Monday. Cantor Fitzgerald reiterated a “neutral” rating and issued a $150.00 price objective on shares of Check Point Software Technologies in a report on Thursday, July 23rd. Compass Point set a $135.00 price target on Check Point Software Technologies in a research report on Monday. Truist Financial set a $150.00 price objective on Check Point Software Technologies in a research note on Thursday, April 30th. Finally, Royal Bank Of Canada lowered their price target on shares of Check Point Software Technologies from $157.00 to $135.00 and set a “sector perform” rating for the company in a report on Friday, May 1st. Nine equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $151.81.
Check Out Our Latest Report on Check Point Software Technologies
Check Point Software Technologies Stock Performance
Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The technology company reported $2.55 EPS for the quarter, topping analysts’ consensus estimates of $2.45 by $0.10. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.During the same period in the previous year, the business earned $2.37 earnings per share. The business’s revenue for the quarter was up 1.3% on a year-over-year basis. 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. Equities analysts expect that Check Point Software Technologies will post 8.44 earnings per share for the current year.
Insider Transactions at Check Point Software Technologies
In related news, Director Yoav Chelouche sold 25,000 shares of the stock in a transaction that occurred on 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 approximately $562,242.24. This represents a 86.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 29.00% of the company’s stock.
Institutional Trading of Check Point Software Technologies
A number of hedge funds and other institutional investors have recently modified their holdings of CHKP. Horizon Investments LLC raised its position in shares of Check Point Software Technologies by 28.9% during the 3rd quarter. Horizon Investments LLC now owns 241 shares of the technology company’s stock valued at $50,000 after purchasing an additional 54 shares during the period. Transamerica Financial Advisors LLC lifted its stake in shares of Check Point Software Technologies by 9.4% during the 4th quarter. Transamerica Financial Advisors LLC now owns 745 shares of the technology company’s stock valued at $138,000 after buying an additional 64 shares in the last quarter. Advisory Services Network LLC boosted its holdings in Check Point Software Technologies by 1.5% in the 4th quarter. Advisory Services Network LLC now owns 5,109 shares of the technology company’s stock worth $948,000 after buying an additional 76 shares during the period. Brown Brothers Harriman & Co. boosted its holdings in Check Point Software Technologies by 28.6% in the 4th quarter. Brown Brothers Harriman & Co. now owns 423 shares of the technology company’s stock worth $78,000 after buying an additional 94 shares during the period. Finally, Ausdal Financial Partners Inc. increased its stake in Check Point Software Technologies by 8.9% in the 4th quarter. Ausdal Financial Partners Inc. now owns 1,168 shares of the technology company’s stock worth $217,000 after buying an additional 95 shares in the last quarter. 98.51% of the stock is owned by hedge funds and other institutional investors.
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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