Analysts Set Check Point Software Technologies Ltd. (NASDAQ:CHKP) Target Price at $149.67

Check Point Software Technologies Ltd. (NASDAQ:CHKPGet Free Report) has been given an average rating of “Hold” by the twenty-eight brokerages that are covering the stock, Marketbeat Ratings reports. Nineteen analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $149.6667.

CHKP has been the topic of a number of recent research reports. UBS Group boosted their target price on shares of Check Point Software Technologies from $130.00 to $135.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Jefferies Financial Group restated a “buy” rating and set a $160.00 price objective on shares of Check Point Software Technologies in a research note 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 price target on the stock in a research report on Monday, July 6th. Mizuho set a $135.00 price objective on Check Point Software Technologies in a research report on Friday, May 1st. Finally, Citigroup upped their price target on shares of Check Point Software Technologies from $125.00 to $130.00 and gave the stock a “neutral” rating in a research report on Monday, August 3rd.

View Our Latest Stock Analysis on CHKP

Check Point Software Technologies Stock Performance

Shares of CHKP opened at $127.82 on Friday. Check Point Software Technologies has a 12 month low of $112.23 and a 12 month high of $210.66. The stock’s 50-day moving average is $130.42 and its two-hundred day moving average is $142.74. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.67 and a quick ratio of 1.67. The stock has a market cap of $13.05 billion, a PE ratio of 13.08, a P/E/G ratio of 4.75 and a beta of 0.49.

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

Insider Buying and Selling at Check Point Software Technologies

In other news, CRO Sherif Seddik sold 10,272 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $123.59, for a total transaction of $1,269,516.48. Following the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yoav Chelouche sold 25,000 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was 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 $562,242.24. This trade represents a 86.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is owned by insiders.

Institutional Trading of Check Point Software Technologies

Hedge funds and other institutional investors have recently modified their holdings of the company. Massachusetts Financial Services Co. MA grew its position in Check Point Software Technologies by 28.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock worth $1,472,832,000 after purchasing an additional 1,766,774 shares in the last quarter. Phoenix Financial Ltd. acquired a new stake in shares of Check Point Software Technologies during the 4th quarter valued at about $30,202,000. Goldman Sachs Group Inc. lifted its stake in Check Point Software Technologies by 30.5% in the fourth 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 last quarter. Assetmark Inc. boosted its holdings in Check Point Software Technologies by 26.3% in the fourth quarter. Assetmark Inc. now owns 212,965 shares of the technology company’s stock worth $39,518,000 after purchasing an additional 44,366 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in shares of 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 in the last quarter. Institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Company Profile

(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).

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

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