Check Point Software Technologies (NASDAQ:CHKP) Reaches New 1-Year Low – Should You Sell?

Check Point Software Technologies Ltd. (NASDAQ:CHKP)’s share price reached a new 52-week low on Tuesday . The stock traded as low as $178.67 and last traded at $178.8430, with a volume of 1085104 shares traded. The stock had previously closed at $185.54.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Roth Capital restated a “neutral” rating on shares of Check Point Software Technologies in a research report on Monday, October 27th. Truist Financial set a $225.00 price target on Check Point Software Technologies in a report on Tuesday. Cantor Fitzgerald reissued a “neutral” rating and set a $220.00 price objective on shares of Check Point Software Technologies in a report on Wednesday, October 22nd. Stephens upgraded shares of Check Point Software Technologies from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $225.00 to $240.00 in a research report on Wednesday, January 14th. Finally, Royal Bank Of Canada dropped their target price on shares of Check Point Software Technologies from $215.00 to $195.00 and set a “sector perform” rating for the company in a research report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $229.27.

Check Point Software Technologies Price Performance

The stock has a market capitalization of $19.65 billion, a PE ratio of 19.57, a P/E/G ratio of 3.27 and a beta of 0.59. The firm’s 50 day simple moving average is $189.59 and its 200 day simple moving average is $196.00.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings data on Tuesday, October 28th. The technology company reported $3.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.45 by $1.49. The company had revenue of $677.50 million during the quarter, compared to analysts’ expectations of $673.60 million. Check Point Software Technologies had a net margin of 37.62% and a return on equity of 37.91%. The firm’s revenue was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.25 EPS. Check Point Software Technologies has set its FY 2025 guidance at 11.220-11.320 EPS and its Q4 2025 guidance at 2.700-2.800 EPS. Analysts expect that Check Point Software Technologies Ltd. will post 8.61 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Check Point Software Technologies

Institutional investors and hedge funds have recently bought and sold shares of the stock. Legacy Investment Solutions LLC bought a new stake in Check Point Software Technologies in the second quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC bought a new position in shares of Check Point Software Technologies in the third quarter worth approximately $27,000. Louisbourg Investments Inc. purchased a new position in shares of Check Point Software Technologies in the third quarter worth $29,000. Ossiam raised 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 buying an additional 96 shares during the last quarter. Finally, Hilltop National Bank bought a new stake in Check Point Software Technologies during the 4th quarter valued at $36,000. 98.51% of the stock is currently owned by institutional investors.

Check Point Software Technologies Company Profile

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).