Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) had its price target reduced by stock analysts at JPMorgan Chase & Co. from $185.00 to $135.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the technology company’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 16.41% from the stock’s previous close.
Other equities analysts also recently issued research reports about the company. Stifel Nicolaus set a $120.00 price objective on Check Point Software Technologies in a research report on Friday. TD Cowen set a $180.00 price target on shares of Check Point Software Technologies in a research note on Thursday. Roth Mkm set a $160.00 target price on shares of Check Point Software Technologies in a research note on Friday. Cantor Fitzgerald reduced their target price on shares of Check Point Software Technologies from $190.00 to $175.00 and set a “neutral” rating on the stock in a report on Tuesday, April 21st. Finally, Royal Bank Of Canada cut their price target on Check Point Software Technologies from $157.00 to $135.00 and set a “sector perform” rating for the company in a research note on Friday. Eight investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Check Point Software Technologies currently has an average rating of “Hold” and an average target price of $155.71.
Check Out Our Latest Stock Report on Check Point Software Technologies
Check Point Software Technologies Trading Up 3.1%
Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last released its earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.42 by $0.08. The company had revenue of $668.40 million for the quarter, compared to analyst estimates of $672.71 million. Check Point Software Technologies had a net margin of 38.78% and a return on equity of 38.98%. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the business earned $2.21 EPS. 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. On average, equities analysts predict that Check Point Software Technologies will post 8.58 earnings per share for the current fiscal year.
Institutional Trading of Check Point Software Technologies
Several institutional investors have recently bought and sold shares of CHKP. Modern Wealth Management LLC lifted its holdings in Check Point Software Technologies by 3.6% in the 3rd quarter. Modern Wealth Management LLC now owns 1,513 shares of the technology company’s stock valued at $313,000 after acquiring an additional 53 shares during the last quarter. HUB Investment Partners LLC increased its position in shares of Check Point Software Technologies by 1.5% during the third quarter. HUB Investment Partners LLC now owns 3,558 shares of the technology company’s stock valued at $736,000 after buying an additional 53 shares during the period. Philip James Wealth Mangement LLC raised its position in Check Point Software Technologies by 1.1% during the 3rd quarter. Philip James Wealth Mangement LLC now owns 4,780 shares of the technology company’s stock worth $989,000 after buying an additional 54 shares during the last quarter. Horizon Investments LLC raised its holdings in Check Point Software Technologies by 28.9% in the 3rd quarter. Horizon Investments LLC now owns 241 shares of the technology company’s stock valued at $50,000 after acquiring an additional 54 shares during the last quarter. Finally, Pinnacle West Asset Management Inc. raised its position in shares of Check Point Software Technologies by 4.6% in the 3rd quarter. Pinnacle West Asset Management Inc. now owns 1,255 shares of the technology company’s stock valued at $260,000 after purchasing an additional 55 shares in the last quarter. 98.51% of the stock is owned by hedge funds and other institutional investors.
Key Check Point Software Technologies News
Here are the key news stories impacting Check Point Software Technologies this week:
- Positive Sentiment: Q1 earnings beat and strong profitability: CHKP reported $2.50 EPS vs. $2.42 expected, with healthy margins and ROE — a reason some investors are buying the dip. Reuters: Cybersecurity firm Check Point Software first-quarter profit beats estimates
- Positive Sentiment: Product/government opportunity: Check Point’s Infinity platform received GovRAMP authorization, expanding addressable market in federal/state government security contracts. PR Newswire: Check Point Infinity Platform for Government Achieves GovRAMP Authorization
- Positive Sentiment: Some brokers still bullish: Susquehanna trimmed its price target but kept a positive rating (PT cut to $140), signaling at least one firm views the pullback as a buying opportunity. Benzinga: Susquehanna PT cut
- Neutral Sentiment: Analyst stance shifted to the middle: Wells Fargo lowered its PT to $120 and set an “equal weight” rating, and Piper Sandler moved CHKP to neutral — these are neither full sell calls nor fresh buys but reduce near-term buy-side conviction. Benzinga: Wells Fargo PT cut AmericanBankingNews: Piper Sandler downgrade
- Negative Sentiment: Revenue guidance trimmed: Management lowered Q2 revenue guidance to $660–690M (vs. ~$705M consensus) and FY revenue to $2.8–2.9B, and flagged softer product demand — a primary driver of recent selling pressure. Seeking Alpha: Check Point falls after Q2 outlook miss, lowers 2026 revenue guidance
- Negative Sentiment: Legal scrutiny: Multiple filings indicate an investigation into potential securities claims (Block & Leviton), which raises litigation risk and can increase volatility. GlobeNewswire: Investigation notice
- Negative Sentiment: Unusual options activity and short-term selling: Large put buying (≈2,308 puts) and reports of a near-term ~10% share drop after the revenue miss signal elevated hedging and bearish sentiment. MSN: Shares drop after revenue miss
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).
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