Check Point Software Technologies Ltd. (NASDAQ:CHKP) Receives $149.67 Average Price Target from Analysts

Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) have received an average recommendation of “Hold” from the twenty-eight analysts that are currently covering the company, Marketbeat.com reports. Nineteen research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $149.6667.

A number of research analysts have weighed in on CHKP shares. Guggenheim upgraded Check Point Software Technologies from a “neutral” rating to a “buy” rating and set a $188.00 price target for the company in a research note on Wednesday, July 1st. Jefferies Financial Group reaffirmed a “buy” rating and set a $160.00 price target on shares of Check Point Software Technologies in a research report on Friday, May 1st. Susquehanna upped their price objective on Check Point Software Technologies from $140.00 to $150.00 and gave the stock a “positive” rating in a research note on Friday, July 31st. Cantor Fitzgerald reissued a “neutral” rating and issued a $150.00 price objective on shares of Check Point Software Technologies in a report on Thursday, July 23rd. Finally, The Goldman Sachs Group decreased their target price on shares of Check Point Software Technologies from $168.00 to $150.00 and set a “neutral” rating for the company in a research note on Saturday, August 1st.

Insiders Place Their Bets

In other news, CRO Sherif Seddik sold 10,272 shares of the business’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 transaction, the executive directly owned 24,675 shares in the company, valued at $3,049,583.25. The trade was a 29.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yoav Chelouche sold 25,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the completion of the sale, the director directly owned 4,008 shares in the company, valued at approximately $562,242.24. The trade was a 86.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 29.00% of the company’s stock.

Hedge Funds Weigh In On Check Point Software Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the business. Abound Financial LLC bought a new stake in Check Point Software Technologies in the fourth quarter valued at approximately $27,000. Measured Wealth Private Client Group LLC bought a new position in shares of Check Point Software Technologies during the 3rd quarter worth approximately $27,000. MV Capital Management Inc. bought a new position in shares of Check Point Software Technologies during the 4th quarter worth approximately $28,000. Ascentis Independent Advisors acquired a new position in shares of Check Point Software Technologies during the 1st quarter worth approximately $30,000. Finally, Elevation Wealth Partners LLC increased its holdings in shares of Check Point Software Technologies by 42.7% during the 2nd quarter. Elevation Wealth Partners LLC now owns 254 shares of the technology company’s stock worth $33,000 after acquiring an additional 76 shares during the last quarter. Institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Trading Up 3.8%

Shares of NASDAQ:CHKP opened at $134.23 on Friday. The company’s 50-day moving average price is $129.87 and its two-hundred day moving average price is $141.41. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.67 and a quick ratio of 1.67. Check Point Software Technologies has a one year low of $112.23 and a one year high of $210.66. The stock has a market capitalization of $13.70 billion, a PE ratio of 13.74, a price-to-earnings-growth ratio of 4.81 and a beta of 0.49.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings data on Thursday, July 30th. The technology company reported $2.55 EPS for the quarter, topping analysts’ consensus estimates of $2.45 by $0.10. The company had revenue of $673.60 million during the quarter, compared to the consensus estimate of $675.45 million. Check Point Software Technologies had a net margin of 37.93% and a return on equity of 38.80%. The company’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period in the prior year, the business posted $2.37 EPS. 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. On average, equities analysts forecast that Check Point Software Technologies will post 8.46 EPS for the current fiscal year.

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).