Check Point Software Technologies (NASDAQ:CHKP) Earns Equal Weight Rating from Analysts at Wells Fargo & Company

Wells Fargo & Company began coverage on shares of Check Point Software Technologies (NASDAQ:CHKPFree Report) in a research report released on Tuesday, Marketbeat reports. The firm issued an equal weight rating and a $165.00 price objective on the technology company’s stock.

CHKP has been the topic of several other reports. Citigroup decreased their price target on shares of Check Point Software Technologies from $210.00 to $200.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 13th. TD Cowen reissued a “buy” rating on shares of Check Point Software Technologies in a research report on Thursday, February 19th. BMO Capital Markets lowered their price target on Check Point Software Technologies from $240.00 to $210.00 and set an “outperform” rating on the stock in a research note on Friday, February 13th. Evercore set a $185.00 price objective on Check Point Software Technologies in a research report on Friday, February 13th. Finally, Morgan Stanley set a $197.00 price objective on Check Point Software Technologies in a research report on Wednesday, January 28th. Nine research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat, Check Point Software Technologies presently has a consensus rating of “Hold” and an average price target of $212.40.

View Our Latest Report on CHKP

Check Point Software Technologies Stock Performance

CHKP opened at $164.48 on Tuesday. 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 stock’s 50 day moving average price is $175.80 and its two-hundred day moving average price is $187.73. The firm has a market capitalization of $18.09 billion, a P/E ratio of 17.06, a price-to-earnings-growth ratio of 3.50 and a beta of 0.63. Check Point Software Technologies has a 12-month low of $150.17 and a 12-month high of $234.35.

Check Point Software Technologies (NASDAQ:CHKPGet Free Report) last posted its quarterly earnings data on Thursday, February 12th. The technology company reported $3.40 earnings per share for the quarter, beating the consensus estimate of $2.77 by $0.63. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The company had revenue of $744.90 million during the quarter, compared to analysts’ expectations of $746.40 million. During the same period in the prior year, the business earned $2.70 earnings per share. Check Point Software Technologies’s revenue for the quarter was up 5.9% compared to the same quarter last year. 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, equities analysts forecast that Check Point Software Technologies will post 8.61 earnings per share for the current year.

Hedge Funds Weigh In On Check Point Software Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CHKP. Modern Wealth Management LLC grew its position in shares of Check Point Software Technologies by 3.6% during the 3rd quarter. Modern Wealth Management LLC now owns 1,513 shares of the technology company’s stock valued at $313,000 after acquiring an additional 53 shares during the period. HUB Investment Partners LLC lifted its position in Check Point Software Technologies by 1.5% during the third quarter. HUB Investment Partners LLC now owns 3,558 shares of the technology company’s stock valued at $736,000 after purchasing an additional 53 shares in the last quarter. Trust Point Inc. lifted its position in Check Point Software Technologies by 2.3% during the third quarter. Trust Point Inc. now owns 2,420 shares of the technology company’s stock valued at $501,000 after purchasing an additional 54 shares in the last quarter. Philip James Wealth Mangement LLC grew its holdings in Check Point Software Technologies by 1.1% during the third quarter. Philip James Wealth Mangement LLC now owns 4,780 shares of the technology company’s stock valued at $989,000 after purchasing an additional 54 shares during the period. Finally, Horizon Investments LLC increased its position in Check Point Software Technologies by 28.9% in the third quarter. Horizon Investments LLC now owns 241 shares of the technology company’s stock worth $50,000 after buying an additional 54 shares in the last quarter. 98.51% of the stock is currently owned by institutional investors and hedge funds.

About Check Point Software Technologies

(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).

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

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