Check Point Software Technologies (NASDAQ:CHKP) Now Covered by Analysts at Wells Fargo & Company

Wells Fargo & Company began coverage on shares of Check Point Software Technologies (NASDAQ:CHKP) in a report published on Tuesday, MarketBeat reports. The brokerage issued an equal weight rating and a $165.00 price target on the technology company’s stock.

Other research analysts have also recently issued research reports about the stock. TD Cowen restated a “buy” rating on shares of Check Point Software Technologies in a report on Thursday, February 19th. Barclays decreased their price target on shares of Check Point Software Technologies from $220.00 to $195.00 and set an “equal weight” rating for the company in a report on Friday, February 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $180.00 price objective on shares of Check Point Software Technologies in a research note on Friday, February 13th. Citigroup decreased their target price on Check Point Software Technologies from $210.00 to $200.00 and set a “neutral” rating for the company in a research note on Tuesday, January 13th. Finally, The Goldman Sachs Group dropped their price target on Check Point Software Technologies from $208.00 to $186.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 17th. Nine analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $212.40.

Check Point Software Technologies Stock Up 3.1%

Shares of Check Point Software Technologies stock opened at $159.70 on Tuesday. The business has a fifty day simple moving average of $176.81 and a 200 day simple moving average of $188.11. The stock has a market cap of $17.56 billion, a PE ratio of 16.57, a price-to-earnings-growth ratio of 3.44 and a beta of 0.63. The company has a quick ratio of 1.19, a current ratio of 2.05 and a debt-to-equity ratio of 0.68. Check Point Software Technologies has a 12 month low of $150.17 and a 12 month high of $234.35.

Check Point Software Technologies (NASDAQ:CHKP) last issued its earnings results on Thursday, February 12th. The technology company reported $3.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.77 by $0.63. The firm had revenue of $744.90 million for the quarter, compared to analysts’ expectations of $746.40 million. Check Point Software Technologies had a return on equity of 38.98% and a net margin of 38.78%.The company’s revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the business earned $2.70 earnings per share. Check Point Software Technologies has set its Q1 2026 guidance at 2.350-2.450 EPS and its FY 2026 guidance at 10.050-10.850 EPS. Research analysts predict that Check Point Software Technologies will post 8.61 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Legacy Investment Solutions LLC acquired a new stake in Check Point Software Technologies in the 2nd quarter valued at approximately $25,000. Abound Financial LLC bought a new position in shares of Check Point Software Technologies during the 4th quarter worth approximately $27,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Check Point Software Technologies in the third quarter valued at approximately $27,000. MV Capital Management Inc. acquired a new stake in shares of Check Point Software Technologies in the fourth quarter valued at approximately $28,000. Finally, Louisbourg Investments Inc. bought a new stake in shares of Check Point Software Technologies in the third quarter worth $29,000. 98.51% of the stock is currently owned by institutional investors.

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).