Check Point Software Technologies (NASDAQ:CHKP) Releases Q3 2026 Earnings Guidance

Check Point Software Technologies (NASDAQ:CHKP) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.430-2.530 for the period, compared to the consensus 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.

Check Point Software Technologies Trading Down 0.9%

NASDAQ:CHKP opened at $127.13 on Friday. Check Point Software Technologies has a 1 year low of $112.23 and a 1 year high of $210.66. The stock’s fifty day moving average price is $131.11 and its two-hundred day moving average price is $145.23. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.85 and a quick ratio of 1.85. The company has a market cap of $12.98 billion, a P/E ratio of 13.01, a P/E/G ratio of 3.79 and a beta of 0.49.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings results on Thursday, July 30th. The technology company reported $2.55 earnings per share for the quarter, beating the consensus estimate of $2.45 by $0.10. Check Point Software Technologies had a return on equity of 38.17% and a net margin of 37.93%.The company had revenue of $673.60 million during the quarter, compared to analysts’ expectations of $675.45 million. During the same period in the previous year, the business earned $2.37 earnings per share. The firm’s quarterly revenue 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. As a group, analysts expect that Check Point Software Technologies will post 8.44 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Guggenheim raised shares of Check Point Software Technologies from a “neutral” rating to a “buy” rating and set a $188.00 price target on the stock in a report on Wednesday, July 1st. Mizuho set a $135.00 price objective on shares of Check Point Software Technologies in a research note on Friday, May 1st. Morgan Stanley set a $133.00 target price on shares of Check Point Software Technologies in a report on Friday, May 1st. Scotiabank upgraded shares of 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 research note on Monday, July 6th. Finally, Barclays cut their price target on shares of Check Point Software Technologies from $145.00 to $140.00 and set an “equal weight” rating for the company in a report on Friday. Nine equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Check Point Software Technologies currently has an average rating of “Hold” and a consensus price target of $149.48.

Insider Buying and Selling

In other news, Director Yoav Chelouche sold 25,000 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were 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 in the company, valued at approximately $562,242.24. This trade represents a 86.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is currently owned by corporate insiders.

Key Check Point Software Technologies News

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

Institutional Investors Weigh In On Check Point Software Technologies

A number of large investors have recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC purchased a new position in shares of Check Point Software Technologies in the third quarter worth about $27,000. Ossiam boosted its holdings in Check Point Software Technologies by 139.1% during the 3rd quarter. Ossiam now owns 165 shares of the technology company’s stock valued at $34,000 after acquiring an additional 96 shares during the period. Sunbelt Securities Inc. bought a new position in Check Point Software Technologies during the 3rd quarter worth approximately $38,000. Horizon Investments LLC increased 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 worth $50,000 after purchasing an additional 54 shares during the period. Finally, GW&K Investment Management LLC increased its stake in Check Point Software Technologies by 67.9% in the 4th quarter. GW&K Investment Management LLC now owns 282 shares of the technology company’s stock worth $52,000 after purchasing an additional 114 shares during the period. Hedge funds and other institutional investors own 98.51% of the company’s stock.

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).