Check Point Software Technologies (NASDAQ:CHKP) Lowered to “Neutral” Rating by JPMorgan Chase & Co.

Check Point Software Technologies (NASDAQ:CHKP) was downgraded by analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report released on Monday, Marketbeat reports. They currently have a $135.00 target price on the technology company’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 3.39% from the stock’s current price.

Other analysts have also issued reports about the stock. Wells Fargo & Company raised their price target on shares of Check Point Software Technologies from $120.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Monday, July 20th. TD Cowen set a $180.00 target price on Check Point Software Technologies in a research report on Thursday, April 30th. UBS Group cut their price target on Check Point Software Technologies from $170.00 to $130.00 and set a “neutral” rating for the company in a report on Friday, May 1st. The Goldman Sachs Group set a $168.00 price objective on Check Point Software Technologies in a report on Friday, May 1st. Finally, Piper Sandler lowered Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $120.00 target price for the company. in a research note on Thursday, April 30th. Nine research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $151.26.

Check Point Software Technologies Price Performance

Shares of NASDAQ:CHKP opened at $130.57 on Monday. The business has a 50 day moving average price of $130.74 and a 200 day moving average price of $146.91. Check Point Software Technologies has a twelve month low of $112.23 and a twelve month high of $223.30. The company has a market cap of $13.33 billion, a price-to-earnings ratio of 13.41, a PEG ratio of 3.86 and a beta of 0.49. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.70.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 EPS for the quarter, topping the consensus estimate of $2.42 by $0.08. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The company had revenue of $668.40 million for the quarter, compared to the consensus estimate of $672.55 million. During the same period in the previous year, the business posted $2.21 EPS. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. Check Point Software Technologies has set its FY 2026 guidance at 10.050-10.850 EPS and its Q2 2026 guidance at 2.400-2.500 EPS. Research analysts predict that Check Point Software Technologies will post 8.44 earnings per share for the current year.

Insider Transactions at Check Point Software Technologies

In other Check Point Software Technologies news, Director Yoav Chelouche sold 25,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, 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. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 owned by company insiders.

Hedge Funds Weigh In On Check Point Software Technologies

Several hedge funds and other institutional investors have recently modified their holdings of CHKP. Abound Financial LLC acquired a new stake in shares of Check Point Software Technologies in the 4th quarter valued at $27,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Check Point Software Technologies in the third quarter valued at approximately $27,000. MV Capital Management Inc. acquired a new stake in shares of Check Point Software Technologies in the 4th quarter valued at $28,000. Ascentis Independent Advisors bought a new stake in Check Point Software Technologies during the 1st quarter worth about $30,000. Finally, Elevation Wealth Partners LLC lifted its position in Check Point Software Technologies by 42.7% during the 2nd quarter. Elevation Wealth Partners LLC now owns 254 shares of the technology company’s stock valued at $33,000 after purchasing an additional 76 shares during the period. 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).