Check Point Software Technologies (NASDAQ:CHKP) Stock Price Target Lowered at JPMorgan Chase & Co.

Key Points

• JPMorgan lowered Check Point Software Technologies’ price target from $167 to $155 while maintaining a “neutral” rating, implying approximately 10.2% upside from the prior close.
• Analyst sentiment remains mixed but leans toward “Hold”: 10 analysts rate the stock a Buy and 20 rate it a Hold, with a consensus price target of $151.14.
• Check Point’s latest quarter slightly beat EPS expectations at $2.49, but revenue of $669.8 million missed estimates and declined 1.1% year over year. Shares traded down 0.6% to $140.60.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) had its price target cut by research analysts at JPMorgan Chase & Co. from $167.00 to $155.00 in a note issued to investors on Tuesday, Benzinga reports. The brokerage presently has a "neutral" rating on the technology company's stock. JPMorgan Chase & Co.'s target price would suggest a potential upside of 10.24% from the stock's previous close.

A number of other research analysts have also commented on CHKP. Scotiabank lowered their price objective on Check Point Software Technologies from $185.00 to $175.00 and set a "sector outperform" rating on the stock in a report on Tuesday. UBS Group raised their target price on shares of Check Point Software Technologies from $145.00 to $150.00 and gave the company a "neutral" rating in a research note on Tuesday. Stifel Nicolaus set a $148.00 price objective on Check Point Software Technologies in a research note on Monday. Royal Bank Of Canada upped their price target on Check Point Software Technologies from $135.00 to $140.00 and gave the stock a "sector perform" rating in a report on Tuesday. Finally, Bank of America upped their price target on Check Point Software Technologies from $120.00 to $140.00 and gave the company a "neutral" rating in a report on Monday, July 27th. Ten analysts have rated the stock with a Buy rating and twenty have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $151.14.

Check Point Software Technologies Trading Down 0.6%

Shares of NASDAQ:CHKP traded down $0.90 during midday trading on Tuesday, reaching $140.60. The company had a trading volume of 800,841 shares, compared to its average volume of 1,350,918. The company has a fifty day simple moving average of $137.60 and a two-hundred day simple moving average of $141.52. The firm has a market cap of $14.36 billion, a price-to-earnings ratio of 14.39, a price-to-earnings-growth ratio of 4.44 and a beta of 0.48. Check Point Software Technologies has a 1-year low of $112.23 and a 1-year high of $206.43. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.67 and a current ratio of 1.67.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) last posted its quarterly earnings results on Monday, November 2nd. The technology company reported $2.49 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.01. Check Point Software Technologies had a return on equity of 38.80% and a net margin of 37.93%. The firm had revenue of $669.80 million for the quarter, compared to analyst estimates of $672.06 million. During the same period in the previous year, the firm earned $3.94 earnings per share. Check Point Software Technologies's quarterly revenue was down 1.1% on a year-over-year basis. Research analysts predict that Check Point Software Technologies will post 8.45 earnings per share for the current year.

Insider Activity at Check Point Software Technologies

In related news, insider Nataly Kremer sold 3,185 shares of the stock in a transaction dated Thursday, October 22nd. The stock was sold at an average price of $150.08, for a total transaction of $478,004.80. Following the completion of the transaction, the insider directly owned 19,347 shares in the company, valued at approximately $2,903,597.76. This trade represents a 14.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Check Point Software Technologies

Institutional investors and hedge funds have recently made changes to their positions in the stock. Lazard Asset Management LLC raised its position in Check Point Software Technologies by 16.2% during the first quarter. Lazard Asset Management LLC now owns 809,115 shares of the technology company's stock worth $115,582,000 after acquiring an additional 112,713 shares in the last quarter. Bank of America Corp DE boosted its position in Check Point Software Technologies by 26.6% during the first quarter. Bank of America Corp DE now owns 808,428 shares of the technology company's stock worth $115,484,000 after purchasing an additional 170,024 shares during the period. Junto Capital Management LP acquired a new position in Check Point Software Technologies in the 2nd quarter valued at about $72,445,000. Sound Shore Management Inc. CT lifted its position in Check Point Software Technologies by 22.1% during the first quarter. Sound Shore Management Inc. CT now owns 518,529 shares of the technology company's stock worth $74,072,000 after acquiring an additional 93,945 shares during the last quarter. Finally, Swedbank AB increased its stake in shares of Check Point Software Technologies by 1.0% during the first quarter. Swedbank AB now owns 458,650 shares of the technology company's stock worth $65,518,000 after purchasing an additional 4,490 shares during the period. Institutional investors own 98.51% of the company's stock.

Key Stories Impacting Check Point Software Technologies

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

• Positive Sentiment: Analysts raised price targets. UBS increased its target to $150, Barclays lifted its target to $155, and Royal Bank of Canada raised its target to $140. Robert W. Baird maintained an “outperform” rating with a $170 target, while Cantor Fitzgerald kept a “neutral” rating and a $150 target. The generally higher targets suggest analysts see longer-term upside despite near-term challenges. UBS price target article
• Positive Sentiment: Subscription and cloud businesses are showing momentum. Cloud-based subscription growth helped drive approximately 11% growth in the relevant segment during the third quarter, alongside strong cash flow. Management and analysts described these trends as evidence that Check Point’s broader turnaround may be progressing. Check Point turnaround article
• Positive Sentiment: Full-year earnings guidance was raised relative to expectations. Fiscal 2026 EPS guidance of $10.25-$10.37 is above the $10.04 consensus estimate, while the company appointed Adam Ely as chief business officer to lead its company-wide growth and AI security strategy. Adam Ely appointment article
• Neutral Sentiment: Third-quarter EPS narrowly beat estimates, but revenue missed. Check Point reported $2.49 in EPS versus $2.48 expected, while revenue of $669.8 million trailed the $672.1 million consensus and declined 1.1% year over year. Third-quarter results article
• Negative Sentiment: Near-term guidance was weaker than expected. Fourth-quarter revenue guidance of $720 million-$770 million is below the $787.3 million consensus, and products and licenses revenue fell 19%. The decline could also weigh on future maintenance revenue, while management indicated that the recovery is taking longer than anticipated. Check Point revenue and recovery article

Check Point Software Technologies Company Profile

Check Point Software Technologies Ltd. is a cybersecurity company that develops products and services designed to protect organizations, governments and consumers from cyber threats. Its offerings help secure networks, cloud environments, endpoints, mobile devices, data and remote access, with capabilities including threat prevention, firewall protection, intrusion prevention, email security and security management.

The company organizes its portfolio under platforms that include Quantum for network security, CloudGuard for cloud security and Harmony for user, endpoint and remote-access protection.

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