Check Point Software Technologies (NASDAQ:CHKP) Given New $170.00 Price Target at UBS Group

Check Point Software Technologies (NASDAQ:CHKPGet Free Report) had its price objective dropped by analysts at UBS Group from $185.00 to $170.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the technology company’s stock. UBS Group’s target price would indicate a potential upside of 16.54% from the stock’s previous close.

Several other brokerages also recently commented on CHKP. Royal Bank Of Canada cut their price objective on shares of Check Point Software Technologies from $215.00 to $195.00 and set a “sector perform” rating on the stock in a research report on Monday, January 5th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $180.00 price objective on shares of Check Point Software Technologies in a research report on Friday, February 13th. Weiss Ratings downgraded shares of Check Point Software Technologies from a “buy (b-)” rating to a “hold (c-)” rating in a research report on Wednesday, April 1st. Citigroup cut their target price on Check Point Software Technologies from $210.00 to $200.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 13th. Finally, The Goldman Sachs Group cut their target price on Check Point Software Technologies from $208.00 to $186.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 17th. Seven analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $206.96.

Read Our Latest Stock Report on CHKP

Check Point Software Technologies Stock Down 1.7%

Shares of Check Point Software Technologies stock traded down $2.53 during midday trading on Wednesday, hitting $145.87. The company had a trading volume of 1,090,216 shares, compared to its average volume of 1,282,273. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.19 and a current ratio of 2.05. The stock has a market capitalization of $15.40 billion, a P/E ratio of 15.13, a P/E/G ratio of 3.28 and a beta of 0.65. The company has a 50 day moving average of $159.60 and a 200 day moving average of $180.77. Check Point Software Technologies has a 52-week low of $135.82 and a 52-week high of $233.78.

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 for the quarter, topping the consensus estimate of $2.77 by $0.63. The company had revenue of $744.90 million for the quarter, compared to the consensus estimate of $746.40 million. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.70 EPS. 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 predict that Check Point Software Technologies will post 8.61 earnings per share for the current fiscal year.

Institutional Trading of Check Point Software Technologies

A number of institutional investors have recently made changes to their positions in CHKP. Hsbc Holdings PLC boosted its stake in shares of Check Point Software Technologies by 56.8% in the 4th quarter. Hsbc Holdings PLC now owns 69,340 shares of the technology company’s stock worth $12,902,000 after buying an additional 25,105 shares during the last quarter. Bank of New Hampshire lifted its holdings in Check Point Software Technologies by 35.8% during the fourth quarter. Bank of New Hampshire now owns 1,594 shares of the technology company’s stock valued at $296,000 after purchasing an additional 420 shares in the last quarter. World Investment Advisors lifted its holdings in Check Point Software Technologies by 38.4% during the fourth quarter. World Investment Advisors now owns 30,146 shares of the technology company’s stock valued at $5,594,000 after purchasing an additional 8,370 shares in the last quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Check Point Software Technologies in the fourth quarter valued at about $1,924,000. Finally, DGS Capital Management LLC lifted its position in shares of Check Point Software Technologies by 3.0% in the fourth quarter. DGS Capital Management LLC now owns 12,107 shares of the technology company’s stock valued at $2,247,000 after acquiring an additional 357 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

(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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