Check Point Software Technologies Stock Forecast, Price & News

18 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, 12 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Check Point Software Technologies stock. 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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Wall Street analysts have given Check Point Software Technologies a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Check Point Software Technologies wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Check Point Software Technologies is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for Check Point Software Technologies.

Check Point Software Technologies Ltd. (NASDAQ:CHKP) released its earnings results on Sunday, April, 25th. The technology company reported $1.54 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.50 by $0.04. The technology company earned $507.60 million during the quarter, compared to analysts' expectations of $502.92 million. Check Point Software Technologies had a trailing twelve-month return on equity of 25.69% and a net margin of 40.79%. Check Point Software Technologies's revenue was up 4.3% compared to the same quarter last year. During the same period last year, the firm posted $1.42 EPS.
View Check Point Software Technologies' earnings history.

Check Point Software Technologies' stock was trading at $90.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CHKP stock has increased by 33.0% and is now trading at $120.67.
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Check Point Software Technologies updated its second quarter 2021 earnings guidance on Tuesday, May, 4th. The company provided EPS guidance of 1.500-1.600 for the period, compared to the Thomson Reuters consensus estimate of $1.560. The company issued revenue guidance of $510 million-$535 million, compared to the consensus revenue estimate of $523.10 million.

18 brokers have issued 12 month price targets for Check Point Software Technologies' shares. Their forecasts range from $109.00 to $155.00. On average, they anticipate Check Point Software Technologies' share price to reach $132.19 in the next year. This suggests a possible upside of 9.5% from the stock's current price.
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459 employees have rated Check Point Software Technologies CEO Gil Shwed on Glassdoor.com. Gil Shwed has an approval rating of 81% among Check Point Software Technologies' employees.

Some companies that are related to Check Point Software Technologies include Dassault Systèmes (DASTY), Autodesk (ADSK), Twilio (TWLO), CrowdStrike (CRWD), DocuSign (DOCU), Roblox (RBLX), Palantir Technologies (PLTR), Veeva Systems (VEEV), Electronic Arts (EA), Synopsys (SNPS), UiPath (PATH), Cadence Design Systems (CDNS), Atlassian (TEAM), Okta (OKTA) and Datadog (DDOG).
View all of CHKP's competitors.

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 shareholders include Massachusetts Financial Services Co. MA (5.85%), BlackRock Inc. (5.29%), Franklin Resources Inc. (2.77%), Ninety One UK Ltd (2.22%), Flossbach Von Storch AG (2.11%) and Alecta Pensionsforsakring Omsesidigt (1.82%).

CHKP stock was sold by a variety of institutional investors in the last quarter, including Flossbach Von Storch AG, Alecta Pensionsforsakring Omsesidigt, Nordea Investment Management AB, Alliancebernstein L.P., Acadian Asset Management LLC, Arrowstreet Capital Limited Partnership, Man Group plc, and Polen Capital Management LLC.

CHKP stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., FIL Ltd, Alyeska Investment Group L.P., Thompson Siegel & Walmsley LLC, Artisan Partners Limited Partnership, Franklin Resources Inc., Ibex Investors LLC, and Millennium Management LLC.

Shares of CHKP 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 $120.67.

Check Point Software Technologies has a market capitalization of $16.55 billion and generates $2.06 billion in revenue each year. The technology company earns $846.60 million in net income (profit) each year or $6.07 on an earnings per share basis.

Check Point Software Technologies employs 5,314 workers across the globe.

The following companies are subsidiares of Check Point Software Technologies: CPST (Portugal) Sociedade Unipessoal Lda., CPST (Portugal) Sociedade Unipessoal Lda., Check Point Advanced Threat Prevention Ltd., Check Point Holding (Singapore) PTE Ltd., Check Point Holding (Singapore) PTE Ltd. – U.S. Branch, Check Point Holding AB, Check Point IOT Security Ltd., Check Point Mobile Security Ltd., Check Point Public Cloud Security Ltd., Check Point Serverless Security Ltd., Check Point Software (Canada) Technologies Inc., Check Point Software (Canada) Technologies Inc., Check Point Software (Kenya) Ltd., Check Point Software Technologies, 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 (Greece) SA, Check Point Software Technologies (Hong Kong) Ltd., Check Point Software Technologies (Hong Kong) Ltd. (Guangzhou office), Check Point Software Technologies (Hong Kong) Ltd. (Shanghai office), Check Point Software Technologies (Hungary) Ltd., Check Point Software Technologies (India) Private Limited, 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 (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 (Poland) Sp.z.o.o., Check Point Software Technologies (RMN) SRL., Check Point Software Technologies (RMN) SRL., Check Point Software Technologies (Russia) OOO, Check Point Software Technologies (Russia) OOO, Check Point Software Technologies (Spain) S.A., Check Point Software Technologies (Spain) S.A., Check Point Software Technologies (Sweden) AB, Check Point Software Technologies (Sweden) AB., Check Point Software Technologies (Switzerland) A.G., Check Point Software Technologies (Switzerland) A.G., Check Point Software Technologies (Taiwan) Ltd., Check Point Software Technologies (Taiwan) Ltd., Check Point Software Technologies (UK) Ltd., Check Point Software Technologies (UK) Ltd., Check Point Software Technologies B.V Nigeria Ltd., Check Point Software Technologies B.V., Check Point Software Technologies GmbH, Check Point Software Technologies Inc., Check Point Software Technologies Mexico S.A. de C.V., Check Point Software Technologies Mexico S.A. de C.V., Check Point Software Technologies Norway A.S., 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., Check Point Yazilim Teknolojileri Pazarlama A.S. (3), Cymplify, Dome9 Security, Dynasec Ltd., FaceTime Communications, ForceNock, Hyperwise, Israel Check Point Software Technologies Ltd. China, Lacoon Mobile Security, Lacoon Security Inc., Liquid Machines, Liquid Machines Inc., NFR Security, NFR Security Inc., Nokia Security Appliances, Odo Security, PointSec, Pointsec Mobile Technologies Inc., Pointsec Mobile Technologies LLC., Pointsec Norway AS, Protect Data AB, Protego Labs, Protego Labs Inc., Reflex Software Ltd. (Jersey), Reflex Software Luxembourg SARL, SofaWare, SofaWare Technologies Ltd., Sourcefire, Zone Labs, Zone Labs L.L.C., Zone Labs L.L.C., and easy2comply (Dynasec).

Check Point Software Technologies was founded in 1993.

The official website for Check Point Software Technologies is www.checkpoint.com.

Check Point Software Technologies is headquartered at 5 SHLOMO KAPLAN STREET, TEL AVIV L3, 6789159.

Check Point Software Technologies' mailing address is 5 SHLOMO KAPLAN STREET, TEL AVIV L3, 6789159. The technology company can be reached via phone at 972-3753-4555 or via email at [email protected]