Check Point Software Technologies (NASDAQ:CHKP) Stock Price Target Raised at Royal Bank Of Canada

Check Point Software Technologies (NASDAQ:CHKP) had its price objective increased by research analysts at Royal Bank Of Canada from $135.00 to $140.00 in a research report issued on Tuesday, Benzinga reports. The brokerage currently has a “sector perform” rating on the technology company’s stock. Royal Bank Of Canada‘s price target suggests a potential downside of 0.02% from the company’s previous close.

Several other research firms have also issued reports on CHKP. Raymond James Financial lowered shares of Check Point Software Technologies from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 15th. TD Cowen reiterated a “buy” rating on shares of Check Point Software Technologies in a report on Thursday, July 30th. UBS Group reissued a “neutral” rating and issued a $145.00 price objective on shares of Check Point Software Technologies in a research report on Thursday, October 15th. Susquehanna boosted their target price on Check Point Software Technologies from $150.00 to $165.00 and gave the stock a “positive” rating in a research note on Tuesday. Finally, Stifel Nicolaus set a $148.00 target price on Check Point Software Technologies in a research report on Monday. Ten equities research analysts have rated the stock with a Buy rating and nineteen have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $150.32.

Check Point Software Technologies Stock Down 1.0%

NASDAQ:CHKP traded down $1.48 during trading hours on Tuesday, reaching $140.03. The company’s stock had a trading volume of 80,905 shares, compared to its average volume of 1,347,553. The company has a market capitalization of $14.30 billion, a P/E ratio of 14.31, a price-to-earnings-growth ratio of 4.44 and a beta of 0.48. Check Point Software Technologies has a 12 month low of $112.23 and a 12 month high of $206.43. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.67 and a current ratio of 1.67. The stock has a 50 day moving average price of $137.60 and a two-hundred day moving average price of $141.52.

Check Point Software Technologies (NASDAQ:CHKP) last posted its earnings results on Monday, November 2nd. The technology company reported $2.49 earnings per share for the quarter, topping analysts’ consensus estimates of $2.48 by $0.01. The company had revenue of $669.80 million during the quarter, compared to analyst estimates of $672.06 million. Check Point Software Technologies had a return on equity of 38.80% and a net margin of 37.93%. Check Point Software Technologies’s revenue was down 1.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.94 earnings per share. Equities analysts predict that Check Point Software Technologies will post 8.45 EPS for the current fiscal year.

Insider Activity at Check Point Software Technologies

In other news, insider Nataly Kremer sold 3,185 shares of Check Point Software Technologies stock in a transaction on Thursday, October 22nd. The shares were sold at an average price of $150.08, for a total transaction of $478,004.80. Following the completion of the sale, the insider directly owned 19,347 shares in the company, valued at approximately $2,903,597.76. The trade was a 14.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 29.00% of the company’s stock.

Hedge Funds Weigh In On Check Point Software Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CHKP. Junto Capital Management LP purchased a new stake in Check Point Software Technologies during the 2nd quarter valued at about $72,445,000. Renaissance Technologies LLC acquired a new position in shares of Check Point Software Technologies in the first quarter valued at about $34,171,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Check Point Software Technologies in the second quarter valued at about $25,752,000. Bank of America Corp DE raised its stake in shares of Check Point Software Technologies by 26.6% in the first quarter. Bank of America Corp DE now owns 808,428 shares of the technology company’s stock worth $115,484,000 after purchasing an additional 170,024 shares during the last quarter. Finally, Mizuho Markets Americas LLC raised its stake in shares of Check Point Software Technologies by 633.4% in the first quarter. Mizuho Markets Americas LLC now owns 158,900 shares of the technology company’s stock worth $22,699,000 after purchasing an additional 137,235 shares during the last quarter. Hedge funds and other institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies News Roundup

Here are the key news stories impacting Check Point Software Technologies this week:

• Positive Sentiment: Third-quarter EPS of $2.49 slightly exceeded the $2.48 consensus estimate. Full-year 2026 EPS guidance of $10.25–$10.37 is also above the $10.04 analyst consensus, supporting the company’s profitability outlook. Check Point Software Reports 2026 Third Quarter Financial Results
• Positive Sentiment: Check Point’s cloud-based subscription business grew 11% in the third quarter, with strong cash flow and increasing confidence that the company’s transition toward recurring revenue can drive a turnaround. The company also appointed Adam Ely as chief business officer to lead its broader growth strategy, including AI security. Check Point’s Turnaround Could Be Closer Than Investors Think Check Point Appoints Adam Ely as Chief Business Officer
• Positive Sentiment: Barclays raised its price target from $140 to $155 while maintaining an “equal weight” rating. Robert W. Baird retained its “outperform” rating, with a $170 target despite trimming it from $175. Barclays analyst rating Robert W. Baird analyst rating
• Neutral Sentiment: Cantor Fitzgerald reaffirmed its “neutral” rating and set a $150 price target, indicating modest potential upside but limited conviction in the near-term recovery.
• Negative Sentiment: Third-quarter revenue was $669.8 million, slightly below the $672.1 million consensus and down 1.1% year over year. EPS fell sharply from $3.94 a year earlier, while product and license revenue declined 19%, raising concerns about future maintenance revenue. Check Point shares fall after revenue misses
• Negative Sentiment: Fourth-quarter revenue guidance of $720 million–$770 million is below the $787.3 million consensus, and the EPS range of $2.71–$2.83 has a midpoint slightly below expectations. Management said recovery is likely to be gradual, weighing on sentiment.
• Negative Sentiment: A $25 million R&D credit boosted the reported operating margin to 26%; excluding that benefit, the margin would have been approximately 23%, suggesting underlying profitability was weaker.

Check Point Software Technologies Company Profile

Check Point Software Technologies Ltd. is a cybersecurity company that develops products and services designed to protect organizations, governments and consumers from cyber threats. Its offerings help secure networks, cloud environments, endpoints, mobile devices, data and remote access, with capabilities including threat prevention, firewall protection, intrusion prevention, email security and security management.

The company organizes its portfolio under platforms that include Quantum for network security, CloudGuard for cloud security and Harmony for user, endpoint and remote-access protection.