Royal Bank Of Canada Cuts Check Point Software Technologies (NASDAQ:CHKP) Price Target to $135.00

Key Points

• Royal Bank of Canada cut its price target on Check Point to $135 (from $157) and rated the stock "sector perform," implying about a 16.4% upside from the current price.
• The analyst landscape is mixed but consensus is a Hold with an average price target of $163.21 (8 Buys, 14 Holds, 2 Sells), as broker targets range widely from $120 to $185.
• Check Point beat Q1 EPS but slightly missed revenue and trimmed Q2/FY revenue guidance, which triggered a near-term ~10% share drop, heavy put buying and heightened legal/volatility risk.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) had its price objective dropped by analysts at Royal Bank Of Canada from $157.00 to $135.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has a "sector perform" rating on the technology company's stock. Royal Bank Of Canada's price objective would indicate a potential upside of 16.39% from the stock's current price.

A number of other equities research analysts also recently issued reports on CHKP. Argus upgraded shares of Check Point Software Technologies to a "hold" rating in a research note on Thursday, February 26th. Wells Fargo & Company reduced their price objective on shares of Check Point Software Technologies from $165.00 to $120.00 and set an "equal weight" rating on the stock in a research note on Friday. Stephens reiterated an "overweight" rating and set a $145.00 price objective on shares of Check Point Software Technologies in a research note on Thursday. Evercore set a $185.00 price objective on shares of Check Point Software Technologies in a research note on Friday, February 13th. Finally, Weiss Ratings downgraded shares of Check Point Software Technologies from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Monday. Eight research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $163.21.

Check Point Software Technologies Stock Performance

NASDAQ:CHKP traded up $3.52 during mid-day trading on Friday, reaching $115.99. 2,009,719 shares of the company's stock were exchanged, compared to its average volume of 1,369,375. Check Point Software Technologies has a one year low of $112.23 and a one year high of $233.78. The firm has a market capitalization of $12.25 billion, a PE ratio of 11.99, a price-to-earnings-growth ratio of 3.09 and a beta of 0.65. The business's fifty day simple moving average is $146.93 and its two-hundred day simple moving average is $173.36. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.05 and a current ratio of 2.05.

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 EPS for the quarter, topping analysts' consensus estimates 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 business had revenue of $668.40 million for the quarter, compared to analyst estimates of $672.71 million. During the same period last year, the firm earned $2.21 earnings per share. Check Point Software Technologies's revenue for the quarter 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 anticipate that Check Point Software Technologies will post 8.58 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Check Point Software Technologies

A number of hedge funds have recently made changes to their positions in CHKP. Norges Bank acquired a new stake in shares of Check Point Software Technologies in the 4th quarter valued at approximately $731,276,000. Massachusetts Financial Services Co. MA boosted its stake in shares of Check Point Software Technologies by 28.6% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company's stock valued at $1,472,832,000 after purchasing an additional 1,766,774 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Check Point Software Technologies by 26,561.6% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,233,899 shares of the technology company's stock valued at $228,962,000 after purchasing an additional 1,229,271 shares in the last quarter. DNB Asset Management AS boosted its stake in shares of Check Point Software Technologies by 105.0% in the 4th quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company's stock valued at $337,782,000 after purchasing an additional 932,485 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of Check Point Software Technologies by 31.4% in the 3rd quarter. First Trust Advisors LP now owns 2,497,275 shares of the technology company's stock valued at $516,711,000 after purchasing an additional 597,413 shares in the last quarter. 98.51% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about 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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