Check Point Software Technologies Ltd. (NASDAQ:CHKP) Stock Has Average Target Price of $149.50

Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) have earned an average rating of “Hold” from the twenty-eight analysts that are presently covering the company, Marketbeat Ratings reports. Nineteen analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $149.50.

Several research analysts have weighed in on the company. Susquehanna boosted their price target on Check Point Software Technologies from $140.00 to $150.00 and gave the stock a “positive” rating in a research report on Friday, July 31st. UBS Group restated a “neutral” rating and set a $145.00 target price on shares of Check Point Software Technologies in a report on Thursday, October 15th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $150.00 price target on shares of Check Point Software Technologies in a research report on Thursday, July 23rd. Scotiabank upgraded shares of Check Point Software Technologies from a “sector perform” rating to an “outperform” rating and set a $185.00 price target for the company in a research note on Monday, July 6th. Finally, Mizuho lifted their price objective on shares of Check Point Software Technologies from $135.00 to $145.00 and gave the company a “neutral” rating in a research report on Thursday, October 15th.

Insider Buying and Selling

In other Check Point Software Technologies news, CRO Sherif Seddik sold 10,272 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $123.59, for a total value of $1,269,516.48. Following the sale, the executive owned 24,675 shares in the company, valued at $3,049,583.25. This represents a 29.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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

A number of large investors have recently added to or reduced their stakes in the business. Junto Capital Management LP bought a new stake in shares of Check Point Software Technologies in the second quarter worth $72,445,000. Renaissance Technologies LLC bought a new position in Check Point Software Technologies during the 1st quarter worth $34,171,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Check Point Software Technologies during the 2nd quarter worth about $25,752,000. Bank of America Corp DE lifted its holdings in Check Point Software Technologies by 26.6% during the 1st quarter. Bank of America Corp DE now owns 808,428 shares of the technology company’s stock worth $115,484,000 after buying an additional 170,024 shares during the period. Finally, Mizuho Markets Americas LLC grew its position in shares of Check Point Software Technologies by 633.4% in the 1st quarter. Mizuho Markets Americas LLC now owns 158,900 shares of the technology company’s stock valued at $22,699,000 after buying an additional 137,235 shares during the last quarter. Institutional investors own 98.51% of the company’s stock.

Check Point Software Technologies Stock Performance

Shares of Check Point Software Technologies stock opened at $159.03 on Wednesday. The firm has a market cap of $16.24 billion, a price-to-earnings ratio of 14.60, a price-to-earnings-growth ratio of 4.35 and a beta of 0.48. The stock’s 50-day moving average is $134.92 and its 200-day moving average is $132.21. Check Point Software Technologies has a one year low of $112.23 and a one year high of $210.66. 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 (NASDAQ:CHKP) last released its quarterly earnings results on Thursday, July 30th. The technology company reported $2.55 earnings per share for the quarter, topping analysts’ consensus estimates of $2.45 by $0.10. Check Point Software Technologies had a return on equity of 38.80% and a net margin of 37.93%. The firm had revenue of $673.60 million during the quarter, compared to the consensus estimate of $675.45 million. During the same quarter in the prior year, the firm posted $2.37 EPS. The business’s revenue was up 1.3% on a year-over-year basis. 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 analysts predict that Check Point Software Technologies will post 8.45 earnings per share for the current fiscal year.

About Check Point Software Technologies

Check Point Software Technologies Ltd. is a cybersecurity company that develops products and services designed to protect organizations, governments and consumers from cyber threats. Its offerings help secure networks, cloud environments, endpoints, mobile devices, data and remote access, with capabilities including threat prevention, firewall protection, intrusion prevention, email security and security management.

The company organizes its portfolio under platforms that include Quantum for network security, CloudGuard for cloud security and Harmony for user, endpoint and remote-access protection.