Check Point Software Technologies Ltd. (NASDAQ:CHKP) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) have been given a consensus rating of “Hold” by the twenty-five research firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, sixteen have issued a hold rating and eight have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $146.50.

Several research firms have recently weighed in on CHKP. TD Cowen set a $180.00 price target on shares of Check Point Software Technologies in a research note on Thursday, April 30th. Royal Bank Of Canada dropped their price target on shares of Check Point Software Technologies from $157.00 to $135.00 and set a “sector perform” rating for the company in a research note on Friday, May 1st. Argus raised shares of Check Point Software Technologies to a “hold” rating in a research note on Thursday, February 26th. Mizuho set a $135.00 price objective on shares of Check Point Software Technologies in a research report on Friday, May 1st. Finally, Barclays lowered their price objective on shares of Check Point Software Technologies from $165.00 to $133.00 and set an “equal weight” rating for the company in a research report on Friday, May 1st.

Check Point Software Technologies Stock Performance

Check Point Software Technologies stock opened at $124.68 on Thursday. The firm has a 50 day simple moving average of $128.39 and a 200-day simple moving average of $155.57. Check Point Software Technologies has a 1-year low of $112.23 and a 1-year high of $232.07. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.85 and a quick ratio of 1.85. The stock has a market cap of $13.17 billion, a price-to-earnings ratio of 12.80, a price-to-earnings-growth ratio of 3.66 and a beta of 0.49.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.42 by $0.08. Check Point Software Technologies had a net margin of 38.37% and a return on equity of 38.79%. The business had revenue of $668.40 million during the quarter, compared to analysts’ expectations of $672.55 million. During the same quarter in the prior year, the company posted $2.21 EPS. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. Check Point Software Technologies has set its FY 2026 guidance at 10.050-10.850 EPS and its Q2 2026 guidance at 2.400-2.500 EPS. On average, analysts expect that Check Point Software Technologies will post 8.46 EPS for the current year.

Insider Buying and Selling at Check Point Software Technologies

In related news, Director Yoav Chelouche sold 25,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the completion of the transaction, the director owned 4,008 shares of the company’s stock, valued at approximately $562,242.24. This trade represents a 86.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 have recently made changes to their positions in CHKP. Norges Bank purchased a new position in shares of Check Point Software Technologies during the 4th quarter worth approximately $731,276,000. Massachusetts Financial Services Co. MA boosted its position in shares of Check Point Software Technologies by 28.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock worth $1,472,832,000 after purchasing an additional 1,766,774 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Check Point Software Technologies by 26,561.6% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,233,899 shares of the technology company’s stock worth $228,962,000 after buying an additional 1,229,271 shares in the last quarter. DNB Asset Management AS lifted its holdings in Check Point Software Technologies by 105.0% during the 4th quarter. DNB Asset Management AS now owns 1,820,339 shares of the technology company’s stock worth $337,782,000 after buying an additional 932,485 shares in the last quarter. Finally, First Trust Advisors LP lifted its holdings in Check Point Software Technologies by 31.4% during the 3rd quarter. First Trust Advisors LP now owns 2,497,275 shares of the technology company’s stock worth $516,711,000 after buying an additional 597,413 shares in the last quarter. Hedge funds and other institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Company Profile

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).