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NASDAQ:CHKP

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

$149.71
-4.71 (-3.05%)
(As of 05/28/2024 ET)
Today's Range
$148.70
$153.32
50-Day Range
$148.91
$165.65
52-Week Range
$121.85
$168.82
Volume
777,540 shs
Average Volume
711,119 shs
Market Capitalization
$16.90 billion
P/E Ratio
20.79
Dividend Yield
N/A
Price Target
$169.18

Check Point Software Technologies MarketRank™ Stock Analysis

Analyst Rating
Hold
2.41 Rating Score
Upside/​Downside
13.0% Upside
$169.18 Price Target
Short Interest
Healthy
2.79% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.21
Upright™ Environmental Score
News Sentiment
1.38mentions of Check Point Software Technologies in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.78%
From $7.79 to $8.63 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

94th out of 604 stocks

Prepackaged Software Industry

26th out of 203 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. In addition, the company offers security gateways and software platforms that support small and medium sized business. Further, it provides cloud network security, cloud native application protection, security and posture management, cloud identity and entitlement, cloud workload protection, cloud detection and response, and cloud web application protection for web applications and APIs; and Check Point Harmony that delivers endpoint and secure connectivity for remote user access. Additionally, the company offers 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. Check Point Software Technologies Ltd. was incorporated in 1993 and is headquartered in Tel Aviv, Israel.

CHKP Stock Price History

CHKP Stock News Headlines

Wells Fargo Keeps Their Hold Rating on Check Point (CHKP)
Check Point Software Technologies Ltd. (CHKP)
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Company Calendar

Last Earnings
4/25/2024
Today
5/28/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:CHKP
Employees
6,450
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$169.18
High Stock Price Target
$205.00
Low Stock Price Target
$140.00
Potential Upside/Downside
+13.3%
Consensus Rating
Hold
Rating Score (0-4)
2.41
Research Coverage
22 Analysts

Profitability

Net Income
$840.30 million
Pretax Margin
39.77%

Debt

Sales & Book Value

Annual Sales
$2.41 billion
Cash Flow
$7.62 per share
Book Value
$24.11 per share

Miscellaneous

Free Float
80,166,000
Market Cap
$16.86 billion
Optionable
Optionable
Beta
0.64

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Key Executives

  • Mr. Gil Shwed (Age 55)
    Founder, CEO & Director
    Comp: $25.2k
  • Ms. Rupal Shah Hollenbeck (Age 52)
    President
    Comp: $1.22M
  • Dr. Dorit Dor
    Chief Technology Officer
  • Mr. Sharon Schusheim
    Chief Services Officer
  • Mr. Itai Greenberg
    Chief Strategy Officer & Head of Cloud Security Business
  • Mr. Roei Golan
    Chief Financial Officer
  • Mr. Alex Spokoiny
    Chief Information Officer
  • Mr. Kip E. Meintzer
    Head of Global Investor Relations
  • Shira Yashar
    General Counsel
  • Mr. Yiftah Yoffe
    Chief Human Resource Officer

CHKP Stock Analysis - Frequently Asked Questions

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

22 Wall Street 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 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 twelve-month price objectives for Check Point Software Technologies' stock. Their CHKP share price targets range from $140.00 to $205.00. On average, they anticipate the company's share price to reach $169.18 in the next year. This suggests a possible upside of 13.0% from the stock's current price.
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 on January 1st, 2024. Since then, CHKP shares have decreased by 2.0% and is now trading at $149.71.
View the best growth stocks for 2024 here
.

Are investors shorting Check Point Software Technologies?

Check Point Software Technologies saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,460,000 shares, an increase of 9.3% from the April 30th total of 2,250,000 shares. Based on an average daily trading volume, of 662,900 shares, the days-to-cover ratio is presently 3.7 days. Approximately 2.8% of the shares of the stock 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 Wednesday, July 24th 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 Thursday, April, 25th. The technology company reported $1.72 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.72. The technology company had revenue of $598.80 million for the quarter, compared to analysts' expectations of $595.28 million. Check Point Software Technologies had a trailing twelve-month return on equity of 31.42% and a net margin of 34.33%.

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

Check Point Software Technologies issued an update on its second quarter 2024 earnings guidance on Friday, April, 26th. The company provided EPS guidance of 2.100-2.200 for the period. The company issued revenue guidance of $607.0 million-$637.0 million.

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 institutional and retail investors. Top institutional shareholders include Acadian Asset Management LLC (3.08%), Boston Partners (3.21%), Nordea Investment Management AB (2.21%), Ariel Investments LLC (1.22%), Westwood Global Investments LLC (0.72%) and Earnest Partners LLC (0.62%).

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).
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This page (NASDAQ:CHKP) was last updated on 5/28/2024 by MarketBeat.com Staff

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