BMO Capital Markets Has Lowered Expectations for Check Point Software Technologies (NASDAQ:CHKP) Stock Price

Key Points

• BMO Capital Markets cut its price target on Check Point from $210 to $135 while keeping an "outperform" rating, implying roughly a 17.9% upside from the current share price.
• Analyst sentiment is mixed: of 24 analysts 8 rate Buy, 14 Hold and 2 Sell, leaving a MarketBeat average rating of "Hold" and an average price target of $151.83.
• Check Point slightly beat quarterly EPS ($2.50 vs. $2.42) but missed revenue estimates, issued FY2026 EPS guidance of 10.05–10.85, and is trading around $114.51—well below most analysts' targets and its 50- and 200-day moving averages.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) had its price target decreased by analysts at BMO Capital Markets from $210.00 to $135.00 in a research note issued on Monday,Benzinga reports. The brokerage presently has an "outperform" rating on the technology company's stock. BMO Capital Markets' target price indicates a potential upside of 17.89% from the stock's current price.

A number of other equities research analysts also recently issued reports on the company. Argus upgraded Check Point Software Technologies to a "hold" rating in a research report on Thursday, February 26th. Scotiabank lowered their price objective on Check Point Software Technologies from $180.00 to $125.00 and set a "sector perform" rating on the stock in a research report on Friday. Morgan Stanley set a $133.00 price objective on Check Point Software Technologies in a research report on Friday. Cantor Fitzgerald lowered their price objective on Check Point Software Technologies from $190.00 to $175.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 21st. Finally, Barclays lowered their price objective on Check Point Software Technologies from $165.00 to $133.00 and set an "equal weight" rating on the stock in a research report on Friday. Eight investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Check Point Software Technologies presently has an average rating of "Hold" and an average price target of $151.83.

Check Point Software Technologies Stock Performance

NASDAQ:CHKP opened at $114.51 on Monday. The company has a market cap of $12.09 billion, a P/E ratio of 11.76, a P/E/G ratio of 2.53 and a beta of 0.43. The stock's fifty day moving average price is $146.93 and its two-hundred day moving average price is $173.06. Check Point Software Technologies has a 1 year low of $112.23 and a 1 year high of $233.78. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.05 and a quick ratio of 2.05.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) last posted its 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 firm had revenue of $668.40 million for 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 business's quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.21 earnings per share. 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. As a group, analysts expect that Check Point Software Technologies will post 8.58 EPS for the current year.

Institutional Investors Weigh In On Check Point Software Technologies

Large investors have recently added to or reduced their stakes in the company. Penserra Capital Management LLC raised its position in Check Point Software Technologies by 14.1% during the third quarter. Penserra Capital Management LLC now owns 468,954 shares of the technology company's stock valued at $97,030,000 after purchasing an additional 57,817 shares in the last quarter. Nordea Investment Management AB raised its position in Check Point Software Technologies by 3.3% during the fourth quarter. Nordea Investment Management AB now owns 1,106,298 shares of the technology company's stock valued at $205,827,000 after purchasing an additional 35,448 shares in the last quarter. M&G PLC grew its stake in shares of Check Point Software Technologies by 48.8% during the third quarter. M&G PLC now owns 119,834 shares of the technology company's stock valued at $24,806,000 after buying an additional 39,292 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Check Point Software Technologies by 7.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 162,807 shares of the technology company's stock valued at $30,210,000 after buying an additional 10,644 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of Check Point Software Technologies by 8.1% during the third quarter. Jones Financial Companies Lllp now owns 86,167 shares of the technology company's stock valued at $17,653,000 after buying an additional 6,448 shares during the last quarter. Hedge funds and other institutional investors own 98.51% of the company's stock.

Check Point Software Technologies Company Profile

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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