Check Point Software Technologies Ltd. (NASDAQ:CHKP) Stock Has Average Price Target of $148.74

Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) have been assigned a consensus rating of “Hold” from the twenty-seven ratings firms that are presently covering the company, Marketbeat.com reports. Nineteen research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $148.74.

CHKP has been the topic of a number of analyst reports. Wells Fargo & Company dropped their target price on Check Point Software Technologies from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research report on Friday, July 31st. Weiss Ratings upgraded Check Point Software Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 7th. Roth Capital set a $105.00 price objective on Check Point Software Technologies in a report on Friday, July 31st. Susquehanna boosted their price objective on Check Point Software Technologies from $140.00 to $150.00 and gave the company a “positive” rating in a research report on Friday, July 31st. Finally, Guggenheim raised Check Point Software Technologies from a “neutral” rating to a “buy” rating and set a $188.00 target price for the company in a research note on Wednesday, July 1st.

Insider Activity at Check Point Software Technologies

In related news, CRO Sherif Seddik sold 10,272 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $123.59, for a total transaction of $1,269,516.48. Following the completion of the transaction, the executive owned 24,675 shares in the company, valued at $3,049,583.25. This represents a 29.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Check Point Software Technologies

A number of hedge funds have recently made changes to their positions in the company. Junto Capital Management LP purchased a new position in shares of Check Point Software Technologies in the second quarter valued at approximately $72,445,000. National Pension Service increased its position in shares of Check Point Software Technologies by 114.8% during the second quarter. National Pension Service now owns 15,468 shares of the technology company’s stock worth $2,033,000 after purchasing an additional 8,268 shares in the last quarter. WINTON GROUP Ltd acquired a new position in Check Point Software Technologies in the 2nd quarter valued at $302,000. Waverly Advisors LLC lifted its holdings in Check Point Software Technologies by 8.7% in the 2nd quarter. Waverly Advisors LLC now owns 1,883 shares of the technology company’s stock valued at $248,000 after purchasing an additional 150 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Check Point Software Technologies in the 2nd quarter valued at $25,752,000. Institutional investors and hedge funds own 98.51% of the company’s stock.

Check Point Software Technologies Price Performance

NASDAQ:CHKP opened at $129.27 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.67 and a quick ratio of 1.67. The company has a 50 day moving average price of $132.27 and a 200-day moving average price of $133.73. Check Point Software Technologies has a 1-year low of $112.23 and a 1-year high of $210.66. The firm has a market cap of $13.20 billion, a price-to-earnings ratio of 13.23, a price-to-earnings-growth ratio of 3.75 and a beta of 0.50.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings results on Thursday, July 30th. The technology company reported $2.55 EPS for the quarter, beating the consensus estimate of $2.45 by $0.10. The company had revenue of $673.60 million for the quarter, compared to analyst estimates of $675.45 million. Check Point Software Technologies had a net margin of 37.93% and a return on equity of 38.80%. The firm’s revenue was up 1.3% on a year-over-year basis. During the same quarter last year, the business earned $2.37 earnings per share. Check Point Software Technologies has set its Q3 2026 guidance at 2.430-2.530 EPS and its FY 2026 guidance at 10.050-10.850 EPS. Equities research analysts forecast that Check Point Software Technologies will post 8.45 EPS for the current year.

About Check Point Software Technologies

Check Point Software Technologies Ltd. is a cybersecurity company that develops products and services designed to protect organizations, businesses and consumers from cyber threats. Its offerings address network, cloud, endpoint, mobile and data security, as well as security management and threat intelligence.

The company’s portfolio includes network security gateways and firewalls, cloud security solutions, endpoint protection, secure remote access, mobile security and security operations tools.