Check Point Software Technologies (NASDAQ:CHKP) Price Target Raised to $140.00

Check Point Software Technologies (NASDAQ:CHKP) had its price target boosted by Wells Fargo & Company from $120.00 to $140.00 in a report released on Monday, MarketBeat Ratings reports. The brokerage currently has an equal weight rating on the technology company’s stock.

CHKP has been the topic of a number of other research reports. Stifel Nicolaus set a $120.00 target price on shares of Check Point Software Technologies in a research note on Friday, May 1st. Royal Bank Of Canada decreased their price target on 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. Raymond James Financial lowered Check Point Software Technologies from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 15th. Mizuho set a $135.00 price objective on Check Point Software Technologies in a research note on Friday, May 1st. Finally, TD Cowen set a $180.00 target price on Check Point Software Technologies in a report on Thursday, April 30th. Ten equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $151.44.

Check Point Software Technologies Trading Down 2.0%

NASDAQ:CHKP opened at $127.91 on Monday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.85 and a current ratio of 1.85. Check Point Software Technologies has a one year low of $112.23 and a one year high of $224.20. The business’s 50-day simple moving average is $130.50 and its 200 day simple moving average is $147.68. The stock has a market cap of $13.51 billion, a price-to-earnings ratio of 13.13, a price-to-earnings-growth ratio of 3.85 and a beta of 0.49.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 earnings per share for the quarter, beating analysts’ consensus estimates of $2.42 by $0.08. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The firm had revenue of $668.40 million during the quarter, compared to analyst estimates of $672.55 million. During the same quarter last year, the firm earned $2.21 EPS. Check Point Software Technologies’s quarterly revenue 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. As a group, sell-side analysts predict that Check Point Software Technologies will post 8.46 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Yoav Chelouche sold 25,000 shares of Check Point Software Technologies stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total value of $3,507,000.00. Following the completion of the transaction, the director directly owned 4,008 shares of the company’s stock, valued at approximately $562,242.24. The trade was a 86.18% decrease in their position. The transaction was disclosed in a filing 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.

Institutional Investors Weigh In On Check Point Software Technologies

Several institutional investors and hedge funds have recently bought and sold shares of CHKP. Massachusetts Financial Services Co. MA boosted its stake in Check Point Software Technologies by 28.6% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,937,229 shares of the technology company’s stock valued at $1,472,832,000 after acquiring an additional 1,766,774 shares during the period. Norges Bank bought a new stake in shares of Check Point Software Technologies in the 4th quarter worth approximately $731,276,000. First Trust Advisors LP lifted its holdings in shares of Check Point Software Technologies by 6.3% in the 4th quarter. First Trust Advisors LP now owns 2,654,602 shares of the technology company’s stock worth $492,588,000 after purchasing an additional 157,327 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Check Point Software Technologies by 9.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,001,247 shares of the technology company’s stock valued at $442,733,000 after purchasing an additional 170,373 shares during the period. Finally, DNB Asset Management AS grew its stake 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 during the last quarter. Institutional investors and hedge funds own 98.51% of the company’s stock.

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).