Check Point Software Technologies - CHKP Stock Forecast, Price & News

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Check Point Software Technologies in the last twelve months. There are currently 2 sell ratings, 11 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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.
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21 brokerages have issued 12 month price targets for Check Point Software Technologies' shares. Their CHKP share price forecasts range from $115.00 to $164.00. On average, they anticipate the company's stock price to reach $138.33 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price.
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Check Point Software Technologies' stock was trading at $126.16 at the beginning of the year. Since then, CHKP stock has increased by 1.1% and is now trading at $127.49.
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Check Point Software Technologies saw a increase in short interest in January. As of January 15th, there was short interest totaling 2,640,000 shares, an increase of 16.3% from the December 31st total of 2,270,000 shares. Based on an average daily volume of 822,500 shares, the days-to-cover ratio is presently 3.2 days. Currently, 2.6% of the shares of the stock are sold short.
View Check Point Software Technologies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, February 13th 2023.
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Check Point Software Technologies will be holding an earnings conference call on Monday, February 13th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Check Point Software Technologies Ltd. (NASDAQ:CHKP) posted its earnings results on Thursday, October, 28th. The technology company reported $1.65 EPS for the quarter, topping analysts' consensus estimates of $1.60 by $0.05. The technology company earned $534 million during the quarter, compared to analysts' expectations of $529.37 million. Check Point Software Technologies had a trailing twelve-month return on equity of 26.20% and a net margin of 34.35%. The firm's revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the business earned $1.45 earnings per share.

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.

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).

Check Point Software Technologies trades on the NASDAQ under the ticker symbol "CHKP."

Check Point Software Technologies' stock is owned by a number of retail and institutional investors. Top institutional investors include Ninety One UK Ltd (2.95%), Nordea Investment Management AB (2.24%), Boston Partners (2.20%), Robeco Institutional Asset Management B.V. (1.28%), Pendal Group Ltd (0.68%) and California Public Employees Retirement System (0.55%).

Shares of CHKP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CHKP stock can currently be purchased for approximately $127.49.

Check Point Software Technologies (NASDAQ:CHKP) has a market capitalization of $15.99 billion and generates $2.17 billion in revenue each year. The technology company earns $815.60 million in net income (profit) each year or $6.11 on an earnings per share basis.

The company employs 5,805 workers across the globe.

Check Point Software Technologies' mailing address is 5 SHLOMO KAPLAN STREET, TEL AVIV L3, 6789159. The official website for the company is www.checkpoint.com. The technology company can be reached via phone at (723) 753-4555, via email at kip@checkpoint.com, or via fax at 972-3575-9256.