Check Point Software Technologies (NASDAQ:CHKP) Releases FY 2025 Earnings Guidance

Check Point Software Technologies (NASDAQ:CHKP) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 9.600-10.200 for the period, compared to the consensus EPS estimate of 9.930. The company issued revenue guidance of $2.7 billion-$2.8 billion, compared to the consensus revenue estimate of $2.7 billion. Check Point Software Technologies also updated its Q1 2025 guidance to 2.130-2.230 EPS.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on CHKP shares. Bank of America cut shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating and reduced their price target for the company from $205.00 to $195.00 in a research report on Wednesday, October 30th. Robert W. Baird decreased their target price on Check Point Software Technologies from $210.00 to $205.00 and set a “neutral” rating for the company in a research report on Wednesday, October 30th. Barclays raised their target price on Check Point Software Technologies from $200.00 to $230.00 and gave the company an “equal weight” rating in a research note on Thursday. Jefferies Financial Group upped their price target on Check Point Software Technologies from $220.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. Finally, Wedbush raised their price objective on Check Point Software Technologies from $200.00 to $230.00 and gave the company an “outperform” rating in a research report on Wednesday, October 9th. Seventeen analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $206.60.

Check Point Software Technologies Price Performance

Shares of Check Point Software Technologies stock traded up $15.09 during trading on Thursday, hitting $218.99. 2,068,454 shares of the company’s stock traded hands, compared to its average volume of 813,368. Check Point Software Technologies has a 1 year low of $145.75 and a 1 year high of $226.03. The business has a 50-day simple moving average of $187.20 and a 200-day simple moving average of $187.22. The stock has a market capitalization of $24.08 billion, a P/E ratio of 29.92, a PEG ratio of 3.05 and a beta of 0.63.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings results on Tuesday, October 29th. The technology company reported $2.25 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.25. Check Point Software Technologies had a net margin of 33.17% and a return on equity of 31.84%. The firm had revenue of $635.10 million for the quarter, compared to the consensus estimate of $634.96 million. During the same quarter last year, the firm posted $1.80 EPS. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. On average, equities analysts predict that Check Point Software Technologies will post 7.87 earnings per share for the current fiscal year.

Check Point Software Technologies Company Profile

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.