Check Point Software Technologies Ltd. (NASDAQ:CHKP) Stock Has Consensus Target Price of $148.74

Check Point Software Technologies Ltd. (NASDAQ:CHKP) has been assigned a consensus rating of “Hold” from the twenty-seven research firms that are covering the firm, Marketbeat Ratings reports. Nineteen research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $148.74.

Several analysts have commented on CHKP shares. Weiss Ratings raised shares of Check Point Software Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 7th. Barclays reduced their price objective on shares of Check Point Software Technologies from $145.00 to $140.00 and set an “equal weight” rating for the company in a research note on Friday, July 31st. Compass Point set a $135.00 target price on shares of Check Point Software Technologies in a research report on Monday, July 27th. Wells Fargo & Company lowered their target price on shares of Check Point Software Technologies from $140.00 to $130.00 and set an “equal weight” rating for the company in a research note on Friday, July 31st. Finally, UBS Group upped their price target on Check Point Software Technologies from $130.00 to $135.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st.

Check Point Software Technologies Stock Up 1.1%

Shares of NASDAQ CHKP opened at $128.35 on Friday. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $13.10 billion, a PE ratio of 13.14, a price-to-earnings-growth ratio of 3.63 and a beta of 0.50. The stock’s fifty day simple moving average is $132.21 and its two-hundred day simple moving average is $133.34. Check Point Software Technologies has a 12-month low of $112.23 and a 12-month high of $210.66.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings results on Thursday, July 30th. The technology company reported $2.55 EPS for the quarter, topping the consensus estimate of $2.45 by $0.10. Check Point Software Technologies had a return on equity of 38.80% and a net margin of 37.93%.The firm had revenue of $673.60 million during the quarter, compared to analyst estimates of $675.45 million. During the same period in the previous year, the company posted $2.37 EPS. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. Check Point Software Technologies has set its Q3 2026 guidance at 2.430-2.530 EPS and its FY 2026 guidance at 10.050-10.850 EPS. As a group, analysts expect that Check Point Software Technologies will post 8.45 EPS for the current fiscal year.

Insider Buying and Selling

In other Check Point Software Technologies news, CRO Sherif Seddik sold 10,272 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $123.59, for a total value of $1,269,516.48. Following the completion of the sale, the executive owned 24,675 shares of the company’s stock, valued at approximately $3,049,583.25. This trade represents a 29.39% decrease in their ownership of the stock. The sale was disclosed in a legal 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.

Hedge Funds Weigh In On Check Point Software Technologies

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. increased its stake in Check Point Software Technologies by 30.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 639,967 shares of the technology company’s stock valued at $118,752,000 after purchasing an additional 149,637 shares in the last quarter. Victory Capital Management Inc. lifted its stake in shares of Check Point Software Technologies by 16.2% during the fourth quarter. Victory Capital Management Inc. now owns 1,684,756 shares of the technology company’s stock worth $312,623,000 after buying an additional 234,539 shares during the period. Hsbc Holdings PLC lifted its stake in shares of Check Point Software Technologies by 56.8% during the fourth quarter. Hsbc Holdings PLC now owns 69,340 shares of the technology company’s stock worth $12,902,000 after buying an additional 25,105 shares during the period. World Investment Advisors grew its holdings in shares of Check Point Software Technologies by 38.4% during the fourth quarter. World Investment Advisors now owns 30,146 shares of the technology company’s stock valued at $5,594,000 after buying an additional 8,370 shares during the last quarter. Finally, Bruni J V & Co. Co. increased its position in shares of Check Point Software Technologies by 24.3% in the 4th quarter. Bruni J V & Co. Co. now owns 173,336 shares of the technology company’s stock valued at $32,164,000 after acquiring an additional 33,898 shares during the period. 98.51% of the stock is owned by hedge funds and other institutional investors.

Check Point Software Technologies Company Profile

Check Point Software Technologies Ltd. is a cybersecurity company that develops solutions designed to protect networks, cloud environments, endpoints, mobile devices, and email systems from cyber threats. Its offerings help organizations prevent malware, ransomware, phishing, unauthorized access, and other security risks across increasingly distributed information technology environments.

The company’s product portfolio includes network security appliances and software, cloud security platforms, endpoint protection, mobile security, email and collaboration security, security management tools, and threat intelligence services.