Check Point Software Technologies (NASDAQ:CHKP) Given New $125.00 Price Target at Citigroup

Key Points

• Citigroup cut its price target on Check Point from $190 to $125 and maintained a "neutral" rating, joining several other banks that recently lowered targets and ratings.
• The analyst consensus remains a "Hold" (eight Buys, sixteen Holds, one Sell) with an average price target of $146.50, above the current trading level.
• Shares traded at $117.28 (up ~2.4%) after the company reported Q1 EPS of $2.50 (beat by $0.08) but slightly missed revenue expectations, and Check Point set FY2026 EPS guidance of 10.05–10.85.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) had its price objective cut by analysts at Citigroup from $190.00 to $125.00 in a research report issued on Monday,Benzinga reports. The firm presently has a "neutral" rating on the technology company's stock. Citigroup's price objective would suggest a potential upside of 6.58% from the stock's current price.

CHKP has been the topic of several other research reports. Scotiabank cut their target price 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. Wells Fargo & Company cut their target price on Check Point Software Technologies from $165.00 to $120.00 and set an "equal weight" rating on the stock in a research report on Friday. TD Cowen set a $180.00 target price on Check Point Software Technologies in a research report on Thursday. BMO Capital Markets cut their target price on Check Point Software Technologies from $210.00 to $135.00 and set an "outperform" rating on the stock in a research report on Monday. Finally, Bank of America lowered Check Point Software Technologies from a "buy" rating to a "neutral" rating and set a $120.00 price target on the stock. in a report on Monday. Eight equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $146.50.

Check Point Software Technologies Stock Up 2.4%

Shares of NASDAQ:CHKP traded up $2.77 during mid-day trading on Monday, hitting $117.28. 1,927,537 shares of the company traded hands, compared to its average volume of 1,390,236. The stock has a market cap of $12.38 billion, a P/E ratio of 12.04, a P/E/G ratio of 2.53 and a beta of 0.43. 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 has a 12-month low of $112.23 and a 12-month high of $233.78. The stock has a 50-day moving average price of $146.93 and a two-hundred day moving average price of $173.06.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) last announced its earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.42 by $0.08. The company had revenue of $668.40 million for the quarter, compared to analysts' expectations of $672.55 million. Check Point Software Technologies had a return on equity of 38.40% and a net margin of 38.37%.Check Point Software Technologies's quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $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. On average, equities research analysts forecast that Check Point Software Technologies will post 8.58 earnings per share for the current year.

Institutional Trading of Check Point Software Technologies

Hedge funds have recently bought and sold shares of the business. Penserra Capital Management LLC raised its stake in shares of Check Point Software Technologies by 14.1% in the third quarter. Penserra Capital Management LLC now owns 468,954 shares of the technology company's stock valued at $97,030,000 after buying an additional 57,817 shares during the period. Nordea Investment Management AB raised its stake in shares of Check Point Software Technologies by 3.3% in 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 buying an additional 35,448 shares during the period. M&G PLC raised its stake in shares of Check Point Software Technologies by 48.8% in 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 period. Assenagon Asset Management S.A. raised its stake in shares of Check Point Software Technologies by 7.0% in 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 period. Finally, Jones Financial Companies Lllp raised its stake in shares of Check Point Software Technologies by 8.1% in 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 period. 98.51% of the stock is currently owned by institutional investors.

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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