Check Point Software Technologies’ (CHKP) Neutral Rating Reiterated at Cantor Fitzgerald

Check Point Software Technologies (NASDAQ:CHKPGet Free Report)‘s stock had its “neutral” rating reissued by Cantor Fitzgerald in a research report issued on Thursday,Benzinga reports. They presently have a $150.00 price objective on the technology company’s stock. Cantor Fitzgerald’s price objective would indicate a potential upside of 18.37% from the company’s previous close.

A number of other research firms have also weighed in on CHKP. Weiss Ratings lowered Check Point Software Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, April 27th. Royal Bank Of Canada decreased their price target on Check Point Software Technologies from $157.00 to $135.00 and set a “sector perform” rating on the stock in a research note on Friday, May 1st. BMO Capital Markets lowered their price objective on Check Point Software Technologies from $210.00 to $135.00 and set an “outperform” rating for the company in a research report on Monday, May 4th. Stephens reissued an “overweight” rating and set a $145.00 price objective on shares of Check Point Software Technologies in a research note on Thursday, April 30th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $160.00 target price on shares of Check Point Software Technologies in a report on Friday, May 1st. Ten investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $150.52.

Read Our Latest Analysis on CHKP

Check Point Software Technologies Price Performance

Shares of Check Point Software Technologies stock opened at $126.72 on Thursday. Check Point Software Technologies has a 52-week low of $112.23 and a 52-week high of $224.20. The stock has a market capitalization of $13.38 billion, a price-to-earnings ratio of 13.06, a price-to-earnings-growth ratio of 3.85 and a beta of 0.49. The company has a fifty day moving average of $130.50 and a 200-day moving average of $147.68. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.85 and a current ratio of 1.85.

Check Point Software Technologies (NASDAQ:CHKPGet Free Report) last posted its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, topping the consensus estimate of $2.42 by $0.08. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. The business had revenue of $668.40 million during the quarter, compared to the consensus estimate of $672.55 million. During the same period in the previous year, the firm posted $2.21 earnings per share. The firm’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. Equities research analysts expect that Check Point Software Technologies will post 8.46 EPS for the current year.

Insiders Place Their Bets

In other news, Director Yoav Chelouche sold 25,000 shares of Check Point Software Technologies stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $140.28, for a total value of $3,507,000.00. Following the sale, the director directly owned 4,008 shares in the company, valued at approximately $562,242.24. This trade represents a 86.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 29.00% of the company’s stock.

Institutional Trading of Check Point Software Technologies

Several large investors have recently added to or reduced their stakes in the stock. Abound Financial LLC bought a new position in Check Point Software Technologies in the 4th quarter worth $27,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Check Point Software Technologies during the 3rd quarter valued at about $27,000. MV Capital Management Inc. bought a new stake in shares of Check Point Software Technologies during the 4th quarter valued at about $28,000. Ascentis Independent Advisors purchased a new position in shares of Check Point Software Technologies during the first quarter valued at about $30,000. Finally, Elevation Wealth Partners LLC raised its stake in Check Point Software Technologies by 42.7% in the second quarter. Elevation Wealth Partners LLC now owns 254 shares of the technology company’s stock worth $33,000 after buying an additional 76 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).

Further Reading

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

Receive News & Ratings for Check Point Software Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Check Point Software Technologies and related companies with MarketBeat.com's FREE daily email newsletter.