Check Point Software Technologies (NASDAQ:CHKP) Price Target Raised to $140.00 at Wells Fargo & Company

Check Point Software Technologies (NASDAQ:CHKP) had its target price upped by Wells Fargo & Company from $120.00 to $140.00 in a report published on Monday, Marketbeat reports. They currently have an equal weight rating on the technology company’s stock.

Other analysts have also issued research reports about the stock. Raymond James Financial lowered shares of Check Point Software Technologies from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 15th. Guggenheim upgraded shares of Check Point Software Technologies from a “neutral” rating to a “buy” rating and set a $188.00 price objective on the stock in a research note on Wednesday, July 1st. Susquehanna decreased their price objective on shares of Check Point Software Technologies from $255.00 to $140.00 and set a “positive” rating for the company in a report on Friday, May 1st. Stephens reissued an “overweight” rating and issued a $145.00 target price on shares of Check Point Software Technologies in a research report on Thursday, April 30th. Finally, Citigroup dropped their target price on shares of Check Point Software Technologies from $190.00 to $125.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Ten research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $151.44.

Check Point Software Technologies Stock Performance

NASDAQ:CHKP opened at $135.73 on Monday. The firm has a 50-day moving average of $129.96 and a two-hundred day moving average of $148.48. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.85 and a quick ratio of 1.85. The stock has a market cap of $14.33 billion, a P/E ratio of 13.94, a PEG ratio of 4.05 and a beta of 0.49. Check Point Software Technologies has a 1-year low of $112.23 and a 1-year high of $225.23.

Check Point Software Technologies (NASDAQ:CHKP) last announced its earnings results on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.42 by $0.08. The business had revenue of $668.40 million for the quarter, compared to analyst estimates of $672.55 million. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the company earned $2.21 earnings per share. 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. On average, research analysts expect that Check Point Software Technologies will post 8.46 earnings per share for the current fiscal year.

Insider Transactions at Check Point Software Technologies

In related news, Director Yoav Chelouche sold 25,000 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $140.28, for a total transaction of $3,507,000.00. Following the transaction, the director directly owned 4,008 shares in the company, valued at $562,242.24. This trade represents a 86.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 29.00% of the stock is owned by company insiders.

Institutional Trading of Check Point Software Technologies

Institutional investors and hedge funds have recently modified their holdings of the business. Nordea Investment Management AB raised its stake in Check Point Software Technologies by 3.3% during the 4th quarter. Nordea Investment Management AB now owns 1,106,298 shares of the technology company’s stock valued at $205,827,000 after acquiring an additional 35,448 shares in the last quarter. Phoenix Financial Ltd. bought a new position in shares of Check Point Software Technologies in the fourth quarter worth $30,202,000. Massachusetts Financial Services Co. MA grew its stake in shares of 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 worth $1,472,832,000 after purchasing an additional 1,766,774 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of Check Point Software Technologies by 7.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 162,807 shares of the technology company’s stock valued at $30,210,000 after purchasing an additional 10,644 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Check Point Software Technologies by 30.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 639,967 shares of the technology company’s stock valued at $118,752,000 after purchasing an additional 149,637 shares during the period. 98.51% of the stock is owned by institutional investors and hedge funds.

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).