Check Point Software Technologies (CHKP) Stock Forecast & Price Target

$145.72

+1.17 (+0.81%)

(As of 12/8/2023 ET)

Today's Range: $143.82
▼
$145.90
50-Day Range: $129.45
▼
$146.17
52-Week Range: $117.18
▼
$147.50

Volume: 865,448 shs
Average Volume: 677,967 shs
Market Capitalization: $17.05 billion

P/E Ratio: 20.32
Dividend Yield: N/A
Price Target: $139.27

Check Point Software Technologies Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 25 Analyst Ratings

Analysts' Consensus Price Target

$139.27
-4.42% Downside

High Forecast	$160.00
Average Forecast	$139.27
Low Forecast	$105.00

Type	Current Forecast 12/10/22 to 12/10/23	1 Month Ago 11/10/22 to 11/10/23	3 Months Ago 9/11/22 to 9/11/23	1 Year Ago 12/10/21 to 12/10/22
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	7 Buy rating(s)	7 Buy rating(s)	8 Buy rating(s)
Hold	15 Hold rating(s)	15 Hold rating(s)	15 Hold rating(s)	7 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	3 Sell rating(s)	5 Sell rating(s)
Consensus Price Target	$139.27	$138.29	$136.59	$136.80
Predicted Upside	-4.42% Downside	7.31% Upside	6.28% Upside	7.22% Upside

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CHKP Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CHKP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Check Point Software Technologies Stock vs. The Competition

Type	Check Point Software Technologies	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.24	2.56	2.49
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	-4.42% Downside	526.89% Upside	3,819.11% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/24/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$140.00 ➝ $160.00	+10.15%
10/31/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$140.00 ➝ $142.00	+9.69%
10/30/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underweight ➝ Neutral
10/25/2023	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold
10/16/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underweight ➝ Equal Weight	$118.00 ➝ $144.00	+7.21%
8/29/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$125.00 ➝ $135.00	+0.22%
Get the Latest News and Ratings for CHKP and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Check Point Software Technologies and its competitors with MarketBeat's FREE daily newsletter.
7/27/2023	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$135.00 ➝ $150.00	+13.54%
7/27/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform	$132.00 ➝ $138.00	+4.46%
7/27/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight	$127.00 ➝ $137.00	+3.70%
7/25/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$130.00 ➝ $140.00	+9.99%
7/17/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$130.00 ➝ $135.00	+7.55%
7/10/2023	OTR Global Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Positive
5/8/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$130.00	+6.18%
5/2/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$145.00 ➝ $135.00	+12.18%
5/2/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$115.00 ➝ $105.00	-11.41%
5/2/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
4/17/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$151.00	+14.04%
4/14/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
2/16/2023	Sumitomo Mitsui Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underperform	$125.00 ➝ $120.00	-5.94%
2/14/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$130.00 ➝ $140.00	+9.15%
2/14/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$148.00	+15.39%
2/13/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Ho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Market Perform
2/13/2023	FBN Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$155.00 ➝ $150.00	+17.75%
1/24/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$134.00	+3.85%
1/23/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral
1/17/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sector Outperform	$160.00	+23.05%
1/17/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underweight ➝ Equal Weight	$130.00	+0.78%
1/5/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$135.00 ➝ $150.00	+17.92%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:04 AM ET.

CHKP Price Target - Frequently Asked Questions

What is Check Point Software Technologies's consensus rating and price target?: According to the issued ratings of 25 analysts in the last year, the consensus rating for Check Point Software Technologies stock is Hold based on the current 2 sell ratings, 15 hold ratings and 8 buy ratings for CHKP. The average twelve-month price prediction for Check Point Software Technologies is $139.27 with a high price target of $160.00 and a low price target of $105.00. Learn more on CHKP's analyst rating history.
Do Wall Street analysts like Check Point Software Technologies more than its competitors?: Analysts like Check Point Software Technologies less than other Computer and Technology companies. The consensus rating for Check Point Software Technologies is Hold while the average consensus rating for computer and technology companies is Moderate Buy. Learn more on how CHKP compares to other companies.
Is Check Point Software Technologies being upgraded by Wall Street analysts?: Over the previous 90 days, Check Point Software Technologies's stock had 2 upgrades by analysts.

Does Check Point Software Technologies's stock price have much upside?: According to analysts, Check Point Software Technologies's stock has a predicted upside of 7.39% based on their 12-month stock forecasts.
What analysts cover Check Point Software Technologies?: Check Point Software Technologies has been rated by Bank of America, BMO Capital Markets, Morgan Stanley, Needham & Company LLC, and Piper Sandler in the past 90 days.

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This page (NASDAQ:CHKP) was last updated on 12/10/2023 by MarketBeat.com Staff

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