Wells Fargo & Company Begins Coverage on Check Point Software Technologies (NASDAQ:CHKP)

Wells Fargo & Company started coverage on shares of Check Point Software Technologies (NASDAQ:CHKPGet Free Report) in a research note issued on Tuesday. The brokerage set an “equal weight” rating and a $165.00 price target on the technology company’s stock. Wells Fargo & Company‘s price target would indicate a potential upside of 6.47% from the company’s current price.

Several other brokerages have also issued reports on CHKP. BMO Capital Markets decreased their price target on shares of Check Point Software Technologies from $240.00 to $210.00 and set an “outperform” rating on the stock in a report on Friday, February 13th. Evercore set a $185.00 target price on shares of Check Point Software Technologies in a research report on Friday, February 13th. UBS Group set a $200.00 price target on shares of Check Point Software Technologies in a report on Thursday, February 12th. Wedbush dropped their price target on Check Point Software Technologies from $240.00 to $210.00 and set an “outperform” rating for the company in a research note on Friday, February 13th. Finally, Piper Sandler reduced their price objective on Check Point Software Technologies from $260.00 to $240.00 and set an “overweight” rating on the stock in a research report on Monday, January 5th. Nine research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. Based on data from MarketBeat.com, Check Point Software Technologies has a consensus rating of “Hold” and an average price target of $212.40.

Check Out Our Latest Stock Analysis on CHKP

Check Point Software Technologies Price Performance

Check Point Software Technologies stock opened at $154.97 on Tuesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.19 and a current ratio of 2.05. Check Point Software Technologies has a 52 week low of $150.17 and a 52 week high of $234.35. The stock has a market capitalization of $17.04 billion, a P/E ratio of 16.08, a price-to-earnings-growth ratio of 3.37 and a beta of 0.58. The stock has a fifty day moving average of $177.41 and a 200-day moving average of $188.31.

Check Point Software Technologies (NASDAQ:CHKPGet Free Report) last released its earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.77 by $0.63. The firm had revenue of $744.90 million for the quarter, compared to analysts’ expectations of $746.40 million. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The business’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.70 earnings per share. Check Point Software Technologies has set its Q1 2026 guidance at 2.350-2.450 EPS and its FY 2026 guidance at 10.050-10.850 EPS. On average, sell-side analysts expect that Check Point Software Technologies will post 8.61 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Legacy Investment Solutions LLC acquired a new position in Check Point Software Technologies during the 2nd quarter worth about $25,000. Abound Financial LLC bought a new position in shares of Check Point Software Technologies during the fourth quarter worth about $27,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Check Point Software Technologies in the third quarter worth approximately $27,000. MV Capital Management Inc. acquired a new position in shares of Check Point Software Technologies in the fourth quarter worth approximately $28,000. Finally, Louisbourg Investments Inc. bought a new stake in Check Point Software Technologies in the third quarter valued at approximately $29,000. 98.51% of the stock is owned by institutional investors.

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).

Read More

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.