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

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Check Point Software Technologies in the last year. There are currently 5 sell ratings, 7 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.
View CHKP analyst ratings or view top-rated stocks.

20 brokers have issued 1-year target prices for Check Point Software Technologies' stock. Their CHKP share price forecasts range from $115.00 to $164.00. On average, they predict the company's stock price to reach $136.80 in the next twelve months. This suggests a possible upside of 4.0% from the stock's current price.
View analysts price targets for CHKP or view top-rated stocks among Wall Street analysts.

Check Point Software Technologies' stock was trading at $116.56 on January 1st, 2022. Since then, CHKP shares have increased by 12.8% and is now trading at $131.53.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our CHKP earnings forecast.

Check Point Software Technologies Ltd. (NASDAQ:CHKP) issued its quarterly earnings results on Thursday, October, 27th. The technology company reported $1.51 earnings per share for the quarter, beating analysts' consensus estimates of $1.45 by $0.06. The technology company had revenue of $577.60 million for the quarter, compared to analysts' expectations of $571.78 million. Check Point Software Technologies had a net margin of 34.35% and a trailing twelve-month return on equity of 26.20%. The firm's revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.44 EPS.

Check Point Software Technologies updated its FY 2022 earnings guidance on Friday, November, 4th. The company provided earnings per share guidance of $7.20-$7.40 for the period, compared to the consensus EPS estimate of $7.27. The company issued revenue guidance of $2.30 billion-$2.35 billion, compared to the consensus revenue estimate of $2.32 billion.

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 variety of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (6.08%), BlackRock Inc. (5.10%), Nordea Investment Management AB (2.60%), Boston Partners (1.98%), State Street Corp (1.71%) and First Trust Advisors LP (1.15%).

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.
Compare Top Brokerages Here.

One share of CHKP stock can currently be purchased for approximately $131.53.

Check Point Software Technologies (NASDAQ:CHKP) has a market capitalization of $16.50 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.