Check Point Software Technologies (NASDAQ:CHKP) Price Target Cut to $135.00 by Analysts at JPMorgan Chase & Co.

Check Point Software Technologies (NASDAQ:CHKP) had its price target reduced by JPMorgan Chase & Co. from $185.00 to $135.00 in a research report sent to investors on Friday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the technology company’s stock.

A number of other research analysts have also issued reports on the company. Scotiabank reduced their price objective on Check Point Software Technologies from $180.00 to $125.00 and set a “sector perform” rating for the company in a research report on Friday. Argus upgraded Check Point Software Technologies to a “hold” rating in a research report on Thursday, February 26th. KeyCorp upgraded Check Point Software Technologies to a “hold” rating in a research report on Monday, January 12th. Wells Fargo & Company reduced their price objective on Check Point Software Technologies from $165.00 to $120.00 and set an “equal weight” rating for the company in a research report on Friday. Finally, Morgan Stanley set a $197.00 price objective on Check Point Software Technologies in a research report on Wednesday, January 28th. Eight research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $154.96.

Check Point Software Technologies Stock Performance

NASDAQ:CHKP traded up $2.04 during midday trading on Friday, reaching $114.51. 3,186,877 shares of the company traded hands, compared to its average volume of 1,474,229. Check Point Software Technologies has a twelve month low of $112.23 and a twelve month high of $233.78. The firm has a market capitalization of $12.09 billion, a price-to-earnings ratio of 11.88, a price-to-earnings-growth ratio of 2.49 and a beta of 0.43. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.05 and a quick ratio of 2.05. The company has a fifty day moving average price of $146.93 and a 200 day moving average price of $173.36.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.42 by $0.08. Check Point Software Technologies had a return on equity of 38.40% and a net margin of 38.37%.The business had revenue of $668.40 million during the quarter, compared to analyst estimates of $672.55 million. During the same quarter in the previous year, the firm posted $2.21 EPS. The business’s revenue for the quarter was up 4.8% compared to the same quarter last year. 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 8.58 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of CHKP. AQR Capital Management LLC acquired a new position in shares of Check Point Software Technologies during the first quarter valued at $262,000. EverSource Wealth Advisors LLC increased its holdings in shares of Check Point Software Technologies by 24.3% during the second quarter. EverSource Wealth Advisors LLC now owns 598 shares of the technology company’s stock valued at $132,000 after purchasing an additional 117 shares during the period. Squarepoint Ops LLC increased its holdings in shares of Check Point Software Technologies by 20.9% during the second quarter. Squarepoint Ops LLC now owns 26,464 shares of the technology company’s stock valued at $5,855,000 after purchasing an additional 4,577 shares during the period. The Manufacturers Life Insurance Company increased its holdings in shares of Check Point Software Technologies by 6.5% during the second quarter. The Manufacturers Life Insurance Company now owns 36,240 shares of the technology company’s stock valued at $8,018,000 after purchasing an additional 2,198 shares during the period. Finally, Diversify Advisory Services LLC increased its holdings in shares of Check Point Software Technologies by 17.3% during the second quarter. Diversify Advisory Services LLC now owns 2,153 shares of the technology company’s stock valued at $476,000 after purchasing an additional 317 shares during the period. 98.51% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Check Point Software Technologies

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

• Positive Sentiment: Q1 earnings beat — CHKP reported $2.50 EPS vs. $2.42 consensus and strong margins, showing profitability strength despite softer top‑line metrics. Q1 earnings transcript
• Positive Sentiment: Product/government win — Check Point’s Infinity platform achieved GovRAMP authorization, which can help expand federal/state contracts over time. GovRAMP announcement
• Neutral Sentiment: Mixed quarter — revenue ($668.4M) slightly missed Street estimates even as subscription growth remained healthy; billings also disappointed, which clouds durability of top‑line momentum. Key metrics analysis
• Negative Sentiment: Weaker guidance — CHKP trimmed Q2 revenue and narrowed FY outlook (FY revenue range below consensus), a primary catalyst for the recent negative reaction as investors re‑price growth expectations. Reuters: guidance and results
• Negative Sentiment: Law‑firm investigations — multiple firms (Block & Leviton, Law Offices of Frank R. Cruz and others) have announced securities‑fraud probes into Check Point’s disclosures, increasing legal/ reputational risk and adding selling pressure. Block & Leviton alert Frank R. Cruz notice
• Negative Sentiment: Analyst downgrades & price‑target cuts — several firms trimmed targets (Wells Fargo, RBC, JPMorgan, Piper Sandler) or reduced ratings; while some remain constructive, the clustered cuts pressure the stock near term. Piper Sandler coverage
• Negative Sentiment: Options flow turned bearish — a notable increase in put purchases suggests traders hedging or speculating on further weakness. (Market data entry)

About Check Point Software Technologies

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).