Check Point Software Technologies (NASDAQ:CHKP) Given New $135.00 Price Target at Royal Bank Of Canada

Check Point Software Technologies (NASDAQ:CHKP) had its target price cut by Royal Bank Of Canada from $157.00 to $135.00 in a research report sent to investors on Friday morning,Benzinga reports. They currently have a sector perform rating on the technology company’s stock.

Several other research firms also recently issued reports on CHKP. Cantor Fitzgerald decreased their price target on Check Point Software Technologies from $190.00 to $175.00 and set a “neutral” rating for the company in a research note on Tuesday, April 21st. Barclays decreased their price target on Check Point Software Technologies from $165.00 to $133.00 and set an “equal weight” rating for the company in a research note on Friday. Mizuho set a $135.00 price target on Check Point Software Technologies in a research note on Friday. BMO Capital Markets decreased 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, Citigroup downgraded Check Point Software Technologies from a “neutral” rating to a “negative” rating in a research note on Tuesday, April 14th. 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $154.96.

Check Point Software Technologies Stock Up 1.8%

NASDAQ CHKP traded up $2.04 on Friday, reaching $114.51. The stock had a trading volume of 3,186,877 shares, compared to its average volume of 1,474,229. The company has a market capitalization of $12.09 billion, a price-to-earnings ratio of 11.88, a P/E/G ratio of 2.49 and a beta of 0.43. The business has a 50 day moving average price of $146.93 and a 200 day moving average price of $173.36. Check Point Software Technologies has a 1 year low of $112.23 and a 1 year high of $233.78. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 0.68.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.42 by $0.08. The company had revenue of $668.40 million during the quarter, compared to the consensus estimate of $672.55 million. Check Point Software Technologies had a return on equity of 38.40% and a net margin of 38.37%.The firm’s revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $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, analysts forecast that Check Point Software Technologies will post 8.58 EPS for the current fiscal year.

Institutional Trading of Check Point Software Technologies

Several hedge funds have recently added to or reduced their stakes in CHKP. Norges Bank bought a new stake in Check Point Software Technologies during the 4th quarter valued at approximately $731,276,000. Massachusetts Financial Services Co. MA boosted its stake in Check Point Software Technologies by 28.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock valued at $1,472,832,000 after purchasing an additional 1,766,774 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Check Point Software Technologies by 26,561.6% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,233,899 shares of the technology company’s stock valued at $228,962,000 after purchasing an additional 1,229,271 shares during the period. DNB Asset Management AS boosted its stake in Check Point Software Technologies by 105.0% during the 4th quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company’s stock valued at $337,782,000 after purchasing an additional 932,485 shares during the period. Finally, First Trust Advisors LP boosted its stake in Check Point Software Technologies by 31.4% during the 3rd quarter. First Trust Advisors LP now owns 2,497,275 shares of the technology company’s stock valued at $516,711,000 after purchasing an additional 597,413 shares during the period. Institutional investors own 98.51% of the company’s stock.

More Check Point Software Technologies News

Here are the key news stories impacting Check Point Software Technologies this week:

• Positive Sentiment: Q1 earnings beat — CHKP reported $2.50 EPS vs. $2.42 consensus and strong margins, showing profitability strength despite softer top‑line metrics. Q1 earnings transcript
• Positive Sentiment: Product/government win — Check Point’s Infinity platform achieved GovRAMP authorization, which can help expand federal/state contracts over time. GovRAMP announcement
• Neutral Sentiment: Mixed quarter — revenue ($668.4M) slightly missed Street estimates even as subscription growth remained healthy; billings also disappointed, which clouds durability of top‑line momentum. Key metrics analysis
• Negative Sentiment: Weaker guidance — CHKP trimmed Q2 revenue and narrowed FY outlook (FY revenue range below consensus), a primary catalyst for the recent negative reaction as investors re‑price growth expectations. Reuters: guidance and results
• Negative Sentiment: Law‑firm investigations — multiple firms (Block & Leviton, Law Offices of Frank R. Cruz and others) have announced securities‑fraud probes into Check Point’s disclosures, increasing legal/ reputational risk and adding selling pressure. Block & Leviton alert Frank R. Cruz notice
• Negative Sentiment: Analyst downgrades & price‑target cuts — several firms trimmed targets (Wells Fargo, RBC, JPMorgan, Piper Sandler) or reduced ratings; while some remain constructive, the clustered cuts pressure the stock near term. Piper Sandler coverage
• Negative Sentiment: Options flow turned bearish — a notable increase in put purchases suggests traders hedging or speculating on further weakness. (Market data entry)

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).