JPMorgan Chase & Co. Lowers Check Point Software Technologies (NASDAQ:CHKP) Price Target to $135.00

Key Points

• JPMorgan Chase cut its price target on Check Point from $185 to $135 but kept an "overweight" rating, implying about a 16.4% upside from the current share price.
• Check Point beat Q1 EPS ($2.50 vs. $2.42) and gained GovRAMP authorization, yet management trimmed Q2 and FY revenue guidance and cited softer product demand, prompting a share sell-off, heavy put buying and increased litigation scrutiny.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) had its price target reduced by equities research analysts at JPMorgan Chase & Co. from $185.00 to $135.00 in a report issued on Friday,Benzinga reports. The firm presently has an "overweight" rating on the technology company's stock. JPMorgan Chase & Co.'s price target would suggest a potential upside of 16.41% from the company's current price.

Other equities analysts have also recently issued reports about the stock. Stifel Nicolaus set a $120.00 target price on shares of Check Point Software Technologies in a research note on Friday. BMO Capital Markets decreased their price objective on Check Point Software Technologies from $240.00 to $210.00 and set an "outperform" rating for the company in a research report on Friday, February 13th. Susquehanna decreased their price objective on Check Point Software Technologies from $255.00 to $140.00 and set a "positive" rating on the stock in a report on Friday. KeyCorp raised Check Point Software Technologies to a "hold" rating in a research note on Monday, January 12th. Finally, Piper Sandler cut Check Point Software Technologies from an "overweight" rating to a "neutral" rating and set a $120.00 price target on the stock. in a research note on Thursday. Eight equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, Check Point Software Technologies has an average rating of "Hold" and a consensus price target of $155.71.

Check Point Software Technologies Stock Performance

Shares of NASDAQ:CHKP traded up $3.50 on Friday, hitting $115.97. The company had a trading volume of 2,173,680 shares, compared to its average volume of 1,370,942. The stock has a market cap of $12.25 billion, a price-to-earnings ratio of 12.04, a P/E/G ratio of 3.09 and a beta of 0.65. Check Point Software Technologies has a 1-year low of $112.23 and a 1-year high of $233.78. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 0.68. The stock has a 50 day moving average price of $146.93 and a 200 day moving average price of $173.36.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) last released its quarterly 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. Check Point Software Technologies had a net margin of 38.78% and a return on equity of 38.98%. The firm had revenue of $668.40 million during the quarter, compared to analyst estimates of $672.71 million. During the same quarter last year, the business earned $2.21 EPS. The company's revenue was up 4.8% compared to the same quarter last year. 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. 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 business. Sequoia Financial Advisors LLC lifted its holdings in Check Point Software Technologies by 4.8% during the 1st quarter. Sequoia Financial Advisors LLC now owns 8,487 shares of the technology company's stock worth $1,212,000 after purchasing an additional 391 shares in the last quarter. SkyOak Wealth LLC raised its holdings in shares of Check Point Software Technologies by 47.8% in the 1st quarter. SkyOak Wealth LLC now owns 3,400 shares of the technology company's stock valued at $486,000 after purchasing an additional 1,100 shares in the last quarter. Evergreen Private Wealth LLC raised its position in Check Point Software Technologies by 0.9% during the 1st quarter. Evergreen Private Wealth LLC now owns 46,782 shares of the technology company's stock worth $6,683,000 after buying an additional 422 shares during the last quarter. R Squared Ltd purchased a new stake in shares of Check Point Software Technologies in the first quarter valued at approximately $225,000. Finally, Meitav Investment House Ltd. boosted its stake in Check Point Software Technologies by 5.1% during the first quarter. Meitav Investment House Ltd. now owns 136,690 shares of the technology company's stock worth $19,520,000 after buying an additional 6,573 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: Q1 earnings beat and strong profitability: CHKP reported $2.50 EPS vs. $2.42 expected, with healthy margins and ROE — a reason some investors are buying the dip. Reuters: Cybersecurity firm Check Point Software first-quarter profit beats estimates
• Positive Sentiment: Product/government opportunity: Check Point’s Infinity platform received GovRAMP authorization, expanding addressable market in federal/state government security contracts. PR Newswire: Check Point Infinity Platform for Government Achieves GovRAMP Authorization
• Positive Sentiment: Some brokers still bullish: Susquehanna trimmed its price target but kept a positive rating (PT cut to $140), signaling at least one firm views the pullback as a buying opportunity. Benzinga: Susquehanna PT cut
• Neutral Sentiment: Analyst stance shifted to the middle: Wells Fargo lowered its PT to $120 and set an “equal weight” rating, and Piper Sandler moved CHKP to neutral — these are neither full sell calls nor fresh buys but reduce near-term buy-side conviction. Benzinga: Wells Fargo PT cut AmericanBankingNews: Piper Sandler downgrade
• Negative Sentiment: Revenue guidance trimmed: Management lowered Q2 revenue guidance to $660–690M (vs. ~$705M consensus) and FY revenue to $2.8–2.9B, and flagged softer product demand — a primary driver of recent selling pressure. Seeking Alpha: Check Point falls after Q2 outlook miss, lowers 2026 revenue guidance
• Negative Sentiment: Legal scrutiny: Multiple filings indicate an investigation into potential securities claims (Block & Leviton), which raises litigation risk and can increase volatility. GlobeNewswire: Investigation notice
• Negative Sentiment: Unusual options activity and short-term selling: Large put buying (≈2,308 puts) and reports of a near-term ~10% share drop after the revenue miss signal elevated hedging and bearish sentiment. MSN: Shares drop after revenue miss

About Check Point Software Technologies

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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