Check Point Software Technologies (NASDAQ:CHKP – Free Report) had its price target hoisted by Susquehanna from $140.00 to $150.00 in a research report released on Friday, MarketBeat Ratings reports. Susquehanna currently has a positive rating on the technology company’s stock.
Several other equities analysts have also recently weighed in on CHKP. Piper Sandler cut Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $120.00 price objective for the company. in a report on Thursday, April 30th. JPMorgan Chase & Co. downgraded 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 report on Monday, July 27th. Scotiabank upgraded Check Point Software Technologies from a “sector perform” rating to an “outperform” rating and set a $185.00 target price on the stock in a report on Monday, July 6th. Stephens reissued an “overweight” rating and set a $145.00 price target on shares of Check Point Software Technologies in a research report on Thursday, April 30th. Finally, Citigroup decreased their price target on Check Point Software Technologies from $190.00 to $125.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Nine investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $149.48.
Read Our Latest Analysis on Check Point Software Technologies
Check Point Software Technologies Stock Performance
Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last released its earnings results on Thursday, July 30th. The technology company reported $2.55 earnings per share for the quarter, beating analysts’ consensus estimates of $2.45 by $0.10. Check Point Software Technologies had a net margin of 37.93% and a return on equity of 38.17%. The business had revenue of $673.60 million during the quarter, compared to the consensus estimate of $675.45 million. During the same quarter last year, the firm earned $2.37 earnings per share. The firm’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. Research analysts forecast that Check Point Software Technologies will post 8.44 EPS for the current fiscal year.
Insider Activity at Check Point Software Technologies
In other news, Director Yoav Chelouche sold 25,000 shares of Check Point Software Technologies stock in a transaction dated 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 transaction, the director owned 4,008 shares of the company’s stock, valued at $562,242.24. This trade represents a 86.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Check Point Software Technologies
A number of institutional investors and hedge funds have recently modified their holdings of CHKP. Horizon Investments LLC lifted its stake in Check Point Software Technologies by 28.9% in 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 last quarter. RIA Advisory Group LLC increased its position in Check Point Software Technologies by 5.1% during the fourth quarter. RIA Advisory Group LLC now owns 1,258 shares of the technology company’s stock worth $233,000 after buying an additional 61 shares during the last quarter. Transamerica Financial Advisors LLC increased its position in Check Point Software Technologies by 9.4% during the fourth quarter. Transamerica Financial Advisors LLC now owns 745 shares of the technology company’s stock worth $138,000 after buying an additional 64 shares during the last quarter. Elevation Wealth Partners LLC raised its stake in Check Point Software Technologies by 42.7% in the second quarter. Elevation Wealth Partners LLC now owns 254 shares of the technology company’s stock valued at $33,000 after buying an additional 76 shares during the period. Finally, Advisory Services Network LLC raised its stake in Check Point Software Technologies by 1.5% in the fourth quarter. Advisory Services Network LLC now owns 5,109 shares of the technology company’s stock valued at $948,000 after buying an additional 76 shares during the period. 98.51% of the stock is owned by institutional investors.
Check Point Software Technologies News Roundup
Here are the key news stories impacting Check Point Software Technologies this week:
- Positive Sentiment: Check Point reported second-quarter adjusted earnings of $2.55 per share, exceeding the $2.45 consensus estimate and rising from $2.37 a year earlier. Revenue increased 1.3% year over year to $673.6 million, while subscription revenue and demand for AI-security products supported growth. Check Point Software Q2 Earnings Surpass Estimates
- Positive Sentiment: Susquehanna raised its price target from $140 to $150 and assigned a “positive” rating, implying substantial upside from recent levels. Susquehanna Check Point Analyst Action
- Positive Sentiment: The company launched an AI Network Firewall designed to give organizations visibility and control over AI use across employees, applications and AI agents. The product could strengthen Check Point’s competitive position as cybersecurity demand increasingly shifts toward AI protection. Check Point Launches AI Network Firewall
- Neutral Sentiment: Full-year 2026 guidance calls for adjusted EPS of $10.05-$10.85 and revenue of $2.8-$2.9 billion, broadly in line with current Wall Street expectations and offering limited near-term upside to estimates. Check Point Reports Second-Quarter Results
- Negative Sentiment: Third-quarter revenue guidance of $655 million-$685 million fell below the $696.5 million consensus estimate, raising concerns about near-term growth. Product sales and cash flow also faced pressure despite the earnings beat.
- Negative Sentiment: Analyst views remain mixed: Wells Fargo cut its target from $140 to $130 and maintained an “equal weight” rating, suggesting limited upside and reinforcing caution around Check Point’s modest revenue growth. Wells Fargo Lowers Check Point Price Target
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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