S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities

Check Point Software Technologies (CHKP) Stock Price, News & Analysis

$159.00
+0.95 (+0.60%)
(As of 03/4/2024 ET)
Today's Range
$157.13
$159.68
50-Day Range
$151.05
$165.29
52-Week Range
$117.18
$166.71
Volume
732,486 shs
Average Volume
793,436 shs
Market Capitalization
$19.20 billion
P/E Ratio
22.33
Dividend Yield
N/A
Price Target
$157.32

Check Point Software Technologies MarketRank™ Stock Analysis

Analyst Rating
Hold
2.41 Rating Score
Upside/​Downside
1.1% Downside
$157.32 Price Target
Short Interest
Healthy
1.69% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.19
Upright™ Environmental Score
News Sentiment
0.99mentions of Check Point Software Technologies in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.73%
From $7.83 to $8.67 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.71 out of 5 stars

Computer And Technology Sector

53rd out of 601 stocks

Prepackaged Software Industry

14th out of 202 stocks


CHKP stock logo

About Check Point Software Technologies Stock (NASDAQ:CHKP)

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile. The company also offers security gateways and software platforms that support small and medium sized business (SMB) to large enterprise data center and telco-grade environments; and threat prevention technologies and zero-day protections. In addition, the company provides cloud network security, security and posture management, cloud workload protection, and cloud web application protection for web applications and APIs; and Check Point Harmony that delivers endpoint and secure connectivity for remote user access. Further, the company provides technical customer support programs and plans; professional services in implementing, upgrading, and optimizing Check Point products comprising design planning and security implementation; and certification and educational training services on Check Point products. It sells its products through distributors, resellers, system integrators, original equipment manufacturers, and managed security service providers. The company has a strategic partnership with Revelstoke to automate detection and response solutions. The company was incorporated in 1993 and is headquartered in Tel Aviv, Israel.

CHKP Stock Price History

CHKP Stock News Headlines

These cyber security stocks can hit new highs
Cyber security stocks are in an uptrend driven by growing demand and rising risks for digital networks. Fortinet and Check Point both repurchase shares robustly.
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
CHKP Mar 2024 150.000 call
CHKP Oct 2024 110.000 put
CHKP May 2024 110.000 call
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Check Point Offers Slow Cumulative Growth
CHKP Mar 2024 210.000 call
Unlocking AI-Powered Protection
CHKP Apr 2024 200.000 call
Check Point (CHKP) Q4 Earnings and Revenues Top Estimates
See More Headlines
Receive CHKP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Check Point Software Technologies and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/06/2024
Today
3/05/2024
Next Earnings (Estimated)
5/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:CHKP
Employees
6,026
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$157.32
High Stock Price Target
$200.00
Low Stock Price Target
$105.00
Potential Upside/Downside
-1.1%
Consensus Rating
Hold
Rating Score (0-4)
2.41
Research Coverage
22 Analysts

Profitability

Net Income
$840.30 million
Pretax Margin
40.40%

Debt

Sales & Book Value

Annual Sales
$2.41 billion
Cash Flow
$7.89 per share
Book Value
$24.11 per share

Miscellaneous

Free Float
85,741,000
Market Cap
$19.20 billion
Optionable
Optionable
Beta
0.61

Social Links

10 Best Stocks to Own in 2024 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

Key Executives

  • Mr. Gil Shwed (Age 55)
    Founder, CEO & Director
    Comp: $25.1k
  • Ms. Rupal Shah Hollenbeck (Age 51)
    President
    Comp: $1.34M
  • Dr. Dorit Dor
    Chief Technology Officer
  • Mr. Sharon Schusheim
    Vice President of Information Systems
  • Mr. Roei Golan
    Chief Financial Officer
  • Mr. Kip E. Meintzer
    Head of Global Investor Relations
  • Shira Yashar
    General Counsel
  • Mr. Yiftah Yoffe
    Chief Human Resource Officer
  • Mr. Sundar N. Balasubramanian
    Managing Director of India & SAARC Region
  • Mr. Manish Alshi
    Head of Channels & Growth Technologies - India

Should I Buy Check Point Software Technologies Stock? CHKP Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Check Point Software Technologies was last updated on Saturday, March 2, 2024 at 11:37 PM.

Pros

Here are some ways that investors could benefit from investing in Check Point Software Technologies Ltd.:

  • Check Point Software Technologies Ltd. develops a range of products and services for IT security, catering to a growing market demand for cybersecurity solutions.
  • The company has a strong track record of innovation and has consistently introduced cutting-edge security technologies to address evolving cyber threats.
  • Recent partnerships, such as the one with Revelstoke to automate detection and response solutions, showcase Check Point's commitment to staying ahead in the cybersecurity industry.
  • Check Point Software Technologies Ltd. has a solid financial standing, with a stable revenue stream and a history of delivering value to its shareholders.
  • The current stock price of Check Point Software Technologies Ltd. reflects its strong market position and growth potential in the cybersecurity sector.

Cons

Investors should be bearish about investing in Check Point Software Technologies Ltd. for these reasons:

  • While Check Point Software Technologies Ltd. has a strong market presence, it faces intense competition from other cybersecurity companies, which could impact its market share and profitability.
  • The cybersecurity industry is constantly evolving, and Check Point Software Technologies Ltd. may need to invest heavily in research and development to stay competitive, which could affect its bottom line.
  • Market volatility and economic uncertainties could impact Check Point Software Technologies Ltd.'s stock price and overall financial performance.
  • Regulatory changes and compliance requirements in the cybersecurity sector could pose challenges for Check Point Software Technologies Ltd. in terms of adapting to new regulations and standards.
  • Investors should carefully monitor the company's financial reports and market trends to make informed decisions about investing in Check Point Software Technologies Ltd.














CHKP Stock Analysis - Frequently Asked Questions

Should I buy or sell Check Point Software Technologies stock right now?

22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Check Point Software Technologies in the last twelve months. There are currently 13 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CHKP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CHKP, but not buy additional shares or sell existing shares.
View CHKP analyst ratings
or view top-rated stocks.

What is Check Point Software Technologies' stock price target for 2024?

22 analysts have issued 1 year price targets for Check Point Software Technologies' shares. Their CHKP share price targets range from $105.00 to $200.00. On average, they expect the company's stock price to reach $157.32 in the next twelve months. This suggests that the stock has a possible downside of 1.1%.
View analysts price targets for CHKP
or view top-rated stocks among Wall Street analysts.

How have CHKP shares performed in 2024?

Check Point Software Technologies' stock was trading at $152.79 at the start of the year. Since then, CHKP stock has increased by 4.1% and is now trading at $159.00.
View the best growth stocks for 2024 here
.

Are investors shorting Check Point Software Technologies?

Check Point Software Technologies saw a decline in short interest in February. As of February 15th, there was short interest totaling 1,620,000 shares, a decline of 40.2% from the January 31st total of 2,710,000 shares. Based on an average daily volume of 750,700 shares, the short-interest ratio is currently 2.2 days. Currently, 1.7% of the company's shares are short sold.
View Check Point Software Technologies' Short Interest
.

When is Check Point Software Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our CHKP earnings forecast
.

How were Check Point Software Technologies' earnings last quarter?

Check Point Software Technologies Ltd. (NASDAQ:CHKP) posted its earnings results on Tuesday, February, 6th. The technology company reported $2.57 EPS for the quarter, topping analysts' consensus estimates of $2.47 by $0.10. The technology company had revenue of $663.50 million for the quarter, compared to the consensus estimate of $662.09 million. Check Point Software Technologies had a net margin of 34.80% and a trailing twelve-month return on equity of 30.81%. The business's revenue was up 3.9% compared to the same quarter last year. During the same period last year, the business earned $2.23 EPS.

What ETFs hold Check Point Software Technologies' stock?
What guidance has Check Point Software Technologies issued on next quarter's earnings?

Check Point Software Technologies issued an update on its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share (EPS) guidance of 8.700-9.300 for the period, compared to the consensus EPS estimate of 9.050. The company issued revenue guidance of $2.5 billion-$2.6 billion, compared to the consensus revenue estimate of $2.5 billion.

What is Gil Shwed's approval rating as Check Point Software Technologies' CEO?

874 employees have rated Check Point Software Technologies Chief Executive Officer Gil Shwed on Glassdoor.com. Gil Shwed has an approval rating of 81% among the company's employees. 79.0% of employees surveyed would recommend working at Check Point Software Technologies to a friend.

What other stocks do shareholders of Check Point Software Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Check Point Software Technologies investors own include NVIDIA (NVDA), Cisco Systems (CSCO), Broadcom (AVGO), Alibaba Group (BABA), Micron Technology (MU), Netflix (NFLX), Intel (INTC), QUALCOMM (QCOM), Adobe (ADBE) and PayPal (PYPL).

Who are Check Point Software Technologies' major shareholders?

Check Point Software Technologies' stock is owned by many different retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (4.69%), Ninety One UK Ltd (3.06%), Boston Partners (2.74%), Nordea Investment Management AB (2.22%), Legal & General Group Plc (1.53%) and First Trust Advisors LP (1.07%).

How do I buy shares of Check Point Software Technologies?

Shares of CHKP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Check Point Software Technologies have any subsidiaries?
The following companies are subsidiares of Check Point Software Technologies: Avanan Inc, Avanan Inc., CPST (Portugal) Sociedade Unipessoal Lda., Check Point Advanced Threat Prevention Ltd., Check Point Developer Security Tools Ltd., Check Point Email Security Ltd., Check Point Holding (Singapore) PTE Ltd., Check Point Holding AB, Check Point IOT Security Ltd., Check Point Mobile Security Ltd., Check Point Public Cloud Security Ltd., Check Point Secure Remote Access Ltd., Check Point Serverless Security Ltd., Check Point Software (Canada) Technologies Inc., Check Point Software (Kenya) Ltd., Check Point Software Technologies (Australia) PTY Ltd., Check Point Software Technologies (Austria) GmbH, Check Point Software Technologies (Beijing) Co. Ltd., Check Point Software Technologies (Belarus) LLC, Check Point Software Technologies (Belgium) S.A., Check Point Software Technologies (Brazil) LTDA, Check Point Software Technologies (Czech Republic) s.r.o., Check Point Software Technologies (Denmark) ApS, Check Point Software Technologies (Finland) Oy, Check Point Software Technologies (Greece) SA, Check Point Software Technologies (Hong Kong) Ltd., Check Point Software Technologies (Hungary) Ltd., Check Point Software Technologies (India) Private Limited, Check Point Software Technologies (Italia) Srl, Check Point Software Technologies (Japan) Ltd., Check Point Software Technologies (Korea) Ltd., Check Point Software Technologies (Netherlands) B.V., Check Point Software Technologies (New Zealand) Limited, Check Point Software Technologies (Philippines) Inc., Check Point Software Technologies (Poland) Sp.z.o.o., Check Point Software Technologies (RMN) SRL., Check Point Software Technologies (Russia) OOO, Check Point Software Technologies (Spain) S.A., Check Point Software Technologies (Sweden) AB., Check Point Software Technologies (Switzerland) A.G., Check Point Software Technologies (Taiwan) Ltd., Check Point Software Technologies (UK) Ltd., Check Point Software Technologies B.V Nigeria Ltd., Check Point Software Technologies GmbH, Check Point Software Technologies Inc., Check Point Software Technologies Mexico S.A. de C.V., Check Point Software Technologies Norway A.S., Check Point Software Technologies S.A., Check Point Software Technologies SARL, Check Point Software Technologies South Africa PTY. Ltd, Check Point Web Applications and API Protection Ltd., Check Point Yazilim Teknolojileri Pazarlama A.S., Cymplify, Dome9 Security, FaceTime Communications, ForceNock, Hyperwise, Israel Check Point Software Technologies Ltd. China, Lacoon Mobile Security, Liquid Machines, MetaInfo Inc., NFR Security, Nokia Security Appliances, Odo Security, PointSec, Protect Data AB, Protego Labs, Protego Labs Inc., SofaWare, Sourcefire, Spectral Cyber Technologies Ltd., Spectral Cyber Technologies. Inc., Zone Labs, Zone Labs L.L.C., and easy2comply (Dynasec).
Read More
This page (NASDAQ:CHKP) was last updated on 3/5/2024 by MarketBeat.com Staff