Check Point Software Technologies (NASDAQ:CHKP) Price Target Lowered to $186.00 at The Goldman Sachs Group

Check Point Software Technologies (NASDAQ:CHKPGet Free Report) had its target price reduced by stock analysts at The Goldman Sachs Group from $208.00 to $186.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the technology company’s stock. The Goldman Sachs Group’s price target would indicate a potential upside of 12.46% from the company’s previous close.

A number of other equities analysts have also recently issued reports on CHKP. UBS Group set a $200.00 target price on shares of Check Point Software Technologies in a research report on Thursday. Stifel Nicolaus set a $211.00 target price on Check Point Software Technologies in a research note on Tuesday, October 28th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $180.00 price target on shares of Check Point Software Technologies in a research report on Friday. BMO Capital Markets cut their price target on Check Point Software Technologies from $240.00 to $210.00 and set an “outperform” rating for the company in a report on Friday. Finally, Piper Sandler decreased their price objective on Check Point Software Technologies from $260.00 to $240.00 and set an “overweight” rating on the stock in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat, Check Point Software Technologies currently has an average rating of “Hold” and an average target price of $214.80.

Read Our Latest Report on Check Point Software Technologies

Check Point Software Technologies Stock Performance

Shares of NASDAQ CHKP traded down $6.09 during mid-day trading on Tuesday, hitting $165.39. 586,307 shares of the company were exchanged, compared to its average volume of 1,376,664. The stock has a 50 day simple moving average of $184.29 and a 200-day simple moving average of $190.38. Check Point Software Technologies has a 1-year low of $161.00 and a 1-year high of $234.35. The company has a quick ratio of 1.19, a current ratio of 2.05 and a debt-to-equity ratio of 0.68. The firm has a market cap of $18.19 billion, a price-to-earnings ratio of 17.19, a price-to-earnings-growth ratio of 2.77 and a beta of 0.58.

Check Point Software Technologies (NASDAQ:CHKPGet Free Report) last posted its quarterly earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.77 by $0.63. The firm had revenue of $744.90 million during the quarter, compared to analysts’ expectations of $746.40 million. Check Point Software Technologies had a net margin of 38.78% and a return on equity of 38.98%. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the prior year, the company posted $2.70 earnings per share. Check Point Software Technologies has set its Q1 2026 guidance at 2.350-2.450 EPS and its FY 2026 guidance at 10.050-10.850 EPS. On average, sell-side analysts forecast that Check Point Software Technologies will post 8.61 EPS for the current fiscal year.

Institutional Trading of Check Point Software Technologies

Several large investors have recently modified their holdings of CHKP. Legacy Investment Solutions LLC bought a new position in Check Point Software Technologies in the 2nd quarter worth about $25,000. Abound Financial LLC purchased a new stake in shares of Check Point Software Technologies during the fourth quarter worth $27,000. Measured Wealth Private Client Group LLC bought a new position in Check Point Software Technologies during the third quarter valued at about $27,000. Louisbourg Investments Inc. acquired a new stake in shares of Check Point Software Technologies in the third quarter valued at about $29,000. Finally, Ossiam increased its holdings in shares of Check Point Software Technologies by 139.1% during the 3rd quarter. Ossiam now owns 165 shares of the technology company’s stock worth $34,000 after purchasing an additional 96 shares during the period. 98.51% of the stock is currently owned by institutional investors and hedge funds.

Check Point Software Technologies Company Profile

(Get Free Report)

Check Point Software Technologies Ltd. is an Israeli-founded cybersecurity company that develops, markets and supports a broad portfolio of network, cloud and endpoint security products. Founded in 1993, the company was an early pioneer of stateful inspection firewall technology and later developed a modular “software blade” approach that allowed customers to combine protection capabilities. Check Point’s product set spans physical and virtual security appliances, software and cloud-native services designed to prevent cyberattacks, protect data and simplify security management for enterprises and service providers.

Key product families include Quantum Security Gateways (on-premises and hybrid appliances), CloudGuard (cloud security posture and workload protection), Harmony (endpoint, remote access and unified endpoint security), and SandBlast (advanced threat prevention and sandboxing).

Further Reading

Analyst Recommendations for Check Point Software Technologies (NASDAQ:CHKP)

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