Wells Fargo & Company Lowers Check Point Software Technologies (NASDAQ:CHKP) Price Target to $130.00

Check Point Software Technologies (NASDAQ:CHKP) had its target price decreased by equities researchers at Wells Fargo & Company from $140.00 to $130.00 in a report issued on Friday,Benzinga reports. The brokerage currently has an “equal weight” rating on the technology company’s stock. Wells Fargo & Company‘s price objective suggests a potential upside of 3.16% from the stock’s previous close.

CHKP has been the topic of a number of other research reports. TD Cowen reissued a “buy” rating on shares of Check Point Software Technologies in a research note on Thursday. Scotiabank raised 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 note on Monday, July 6th. UBS Group reaffirmed a “neutral” rating and set a $135.00 price target on shares of Check Point Software Technologies in a research note on Friday. Compass Point set a $135.00 price objective on Check Point Software Technologies in a research report on Monday. Finally, BMO Capital Markets reduced their target price on shares of Check Point Software Technologies from $210.00 to $135.00 and set an “outperform” rating on the stock in a research note on Monday, May 4th. Nine investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $152.19.

Check Point Software Technologies Price Performance

Shares of NASDAQ CHKP traded down $2.21 during mid-day trading on Friday, hitting $126.02. 290,796 shares of the stock were exchanged, compared to its average volume of 1,425,989. Check Point Software Technologies has a twelve month low of $112.23 and a twelve month high of $210.66. The stock’s fifty day simple moving average is $131.24 and its two-hundred day simple moving average is $145.36. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.85 and a current ratio of 1.85. The company has a market cap of $12.87 billion, a P/E ratio of 12.93, a PEG ratio of 4.13 and a beta of 0.49.

Check Point Software Technologies (NASDAQ:CHKP) last announced its earnings results on Thursday, July 30th. The technology company reported $2.55 EPS for the quarter, topping the consensus estimate 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%.The business had revenue of $673.60 million for the quarter, compared to the consensus estimate of $675.45 million. During the same period in the previous year, the business earned $2.37 EPS. Check Point Software Technologies’s 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 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 the 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 directly owned 4,008 shares in the company, valued at $562,242.24. This represents a 86.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Check Point Software Technologies in the 3rd quarter valued at about $27,000. Abound Financial LLC bought a new stake in Check Point Software Technologies in the 4th quarter valued at $27,000. MV Capital Management Inc. acquired a new stake in shares of Check Point Software Technologies during the 4th quarter worth about $28,000. Ossiam raised its holdings in Check Point Software Technologies by 139.1% in 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. Finally, Sunbelt Securities Inc. acquired a new position in shares of Check Point Software Technologies in the third quarter valued at approximately $38,000. Institutional investors own 98.51% of the company’s stock.

More Check Point Software Technologies News

Here are the key news stories impacting Check Point Software Technologies this week:

• Positive Sentiment: Susquehanna raised its price target from $140 to $150 and upgraded its rating to “positive,” implying approximately 17% upside from the referenced share price. The upgrade provides a valuation-based catalyst for CHKP. Benzinga
• Positive Sentiment: Second-quarter adjusted earnings were $2.55 per share, above the $2.45 consensus estimate and up from $2.37 a year earlier. The company also reported strong profitability, including a 38.37% net margin and 38.79% return on equity. Check Point Software Q2 Earnings Surpass Estimates
• Positive Sentiment: Check Point introduced an AI Network Firewall designed to give organizations visibility and control over employee, application, and agent use of artificial intelligence. The launch could support the company’s competitive position and future demand in cybersecurity. Check Point AI Network Firewall Announcement
• Neutral Sentiment: Revenue increased 1.3% year over year to $673.6 million, broadly stable but slightly below the $675.45 million analyst consensus. The earnings presentation and broader cybersecurity coverage highlight ongoing investor focus on growth and product momentum. Check Point Second-Quarter Financial Results
• Negative Sentiment: Third-quarter revenue guidance of $655 million to $685 million is below the $696.5 million consensus estimate, raising concerns about near-term sales growth. Full-year revenue guidance of $2.8 billion to $2.9 billion is roughly in line with expectations, while full-year EPS guidance of $10.05 to $10.85 is above the $10.03 consensus. Check Point Q2 Earnings and Guidance

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).