Check Point Software Technologies Ltd. (NASDAQ:CHKP) Stock Now Rated "Hold" by Wall Street Brokerages

Key Points

• Analyst consensus is “Hold”: Nineteen of 28 analysts rate Check Point Software Technologies as a hold, while nine recommend buying. The average 12-month price target is $149.50.
• Shares recently traded at $140.85, up 1.4%: The stock remains below its 52-week high of $210.66 but above its 50-day and 200-day moving averages.
• Quarterly results exceeded expectations: Check Point reported earnings of $2.55 per share versus the $2.45 consensus estimate, while revenue rose 1.3% year over year to $673.6 million. Institutional investors own 98.51% of the company’s shares.

Check Point Software Technologies Ltd. (NASDAQ:CHKP - Get Free Report) has earned an average recommendation of "Hold" from the twenty-eight research firms that are currently covering the stock, MarketBeat Ratings reports. Nineteen investment analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $149.50.

Several equities research analysts recently issued reports on CHKP shares. Roth Capital set a $105.00 price objective on shares of Check Point Software Technologies in a research note on Friday, July 31st. The Goldman Sachs Group reduced their price objective on shares of Check Point Software Technologies from $168.00 to $150.00 and set a "neutral" rating for the company in a research note on Saturday, August 1st. Yorkville Ives assumed coverage on shares of Check Point Software Technologies in a report on Wednesday, October 7th. They set an "outperform" rating and a $150.00 price objective for the company. Cantor Fitzgerald reaffirmed a "neutral" rating and set a $150.00 price objective on shares of Check Point Software Technologies in a report on Thursday, July 23rd. Finally, Weiss Ratings upgraded shares of Check Point Software Technologies from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Friday, August 7th.

Insider Buying and Selling at Check Point Software Technologies

In related news, CRO Sherif Seddik sold 10,272 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $123.59, for a total transaction of $1,269,516.48. Following the completion of the sale, the executive owned 24,675 shares in the company, valued at $3,049,583.25. This represents a 29.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 29.00% of the company's stock.

Institutional Trading of Check Point Software Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Robinson Value Management Ltd. bought a new stake in shares of Check Point Software Technologies in the 3rd quarter valued at approximately $2,707,000. Robertson Stephens Wealth Management LLC boosted its stake in Check Point Software Technologies by 180.4% in the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 22,769 shares of the technology company's stock valued at $2,922,000 after buying an additional 14,648 shares in the last quarter. Wealth Intelligence LLC grew its position in Check Point Software Technologies by 11.9% in the third quarter. Wealth Intelligence LLC now owns 4,691 shares of the technology company's stock valued at $602,000 after acquiring an additional 497 shares during the period. Legacy Wealth Asset Management LLC raised its stake in Check Point Software Technologies by 11.3% during the third quarter. Legacy Wealth Asset Management LLC now owns 18,800 shares of the technology company's stock worth $2,413,000 after acquiring an additional 1,908 shares in the last quarter. Finally, Plan A Wealth LLC lifted its holdings in shares of Check Point Software Technologies by 20.1% during the third quarter. Plan A Wealth LLC now owns 2,075 shares of the technology company's stock valued at $266,000 after acquiring an additional 347 shares during the period. Institutional investors and hedge funds own 98.51% of the company's stock.

Check Point Software Technologies Trading Up 1.4%

Shares of NASDAQ CHKP opened at $140.85 on Wednesday. The business has a 50 day simple moving average of $133.74 and a 200 day simple moving average of $132.03. Check Point Software Technologies has a 52 week low of $112.23 and a 52 week high of $210.66. The stock has a market cap of $14.38 billion, a price-to-earnings ratio of 14.42, a PEG ratio of 3.98 and a beta of 0.48. 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 issued its quarterly earnings data on Thursday, July 30th. The technology company reported $2.55 earnings per share for the quarter, beating the consensus estimate of $2.45 by $0.10. The firm had revenue of $673.60 million for the quarter, compared to analyst estimates of $675.45 million. Check Point Software Technologies had a net margin of 37.93% and a return on equity of 38.80%. The company's revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.37 earnings per share. 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. On average, research analysts predict that Check Point Software Technologies will post 8.45 earnings per share for the current fiscal year.

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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