Check Point Software Technologies (NASDAQ:CHKP) Lowered to Neutral Rating by JPMorgan Chase & Co.

JPMorgan Chase & Co. downgraded shares of Check Point Software Technologies (NASDAQ:CHKP) from an overweight rating to a neutral rating in a research report sent to investors on Monday, Marketbeat.com reports. JPMorgan Chase & Co. currently has $135.00 price objective on the technology company’s stock.

A number of other equities research analysts have also recently weighed in on the company. Truist Financial set a $150.00 price target on Check Point Software Technologies in a research note on Thursday, April 30th. Jefferies Financial Group reaffirmed a “buy” rating and set a $160.00 price objective on shares of Check Point Software Technologies in a research report on Friday, May 1st. Stifel Nicolaus set a $120.00 price objective on shares of Check Point Software Technologies in a report on Friday, May 1st. Wedbush dropped their price objective on shares of Check Point Software Technologies from $210.00 to $160.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. Finally, Stephens restated an “overweight” rating and set a $145.00 target price on shares of Check Point Software Technologies in a research note on Thursday, April 30th. Nine investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $151.81.

Check Point Software Technologies Trading Up 1.7%

Check Point Software Technologies stock opened at $132.75 on Monday. The stock has a 50-day simple moving average of $130.85 and a 200 day simple moving average of $146.53. The stock has a market capitalization of $13.55 billion, a P/E ratio of 13.63, a PEG ratio of 3.86 and a beta of 0.49. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.85 and a current ratio of 1.85. Check Point Software Technologies has a 52 week low of $112.23 and a 52 week high of $222.21.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings data on Thursday, April 30th. The technology company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.42 by $0.08. Check Point Software Technologies had a return on equity of 38.79% and a net margin of 38.37%.The firm had revenue of $668.40 million for the quarter, compared to analyst estimates of $672.55 million. During the same quarter in the prior year, the company earned $2.21 earnings per share. The business’s revenue for the quarter was up 4.8% compared to the same quarter last year. 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. Analysts expect that Check Point Software Technologies will post 8.44 earnings per share for the current year.

Insiders Place Their Bets

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC bought a new stake in shares of Check Point Software Technologies in the first quarter valued at about $262,000. EverSource Wealth Advisors LLC increased its position in Check Point Software Technologies by 24.3% during the second quarter. EverSource Wealth Advisors LLC now owns 598 shares of the technology company’s stock worth $132,000 after acquiring an additional 117 shares during the period. Squarepoint Ops LLC raised its stake in Check Point Software Technologies by 20.9% in the 2nd quarter. Squarepoint Ops LLC now owns 26,464 shares of the technology company’s stock worth $5,855,000 after purchasing an additional 4,577 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in Check Point Software Technologies by 6.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 36,240 shares of the technology company’s stock worth $8,018,000 after purchasing an additional 2,198 shares in the last quarter. Finally, Diversify Advisory Services LLC boosted its holdings in Check Point Software Technologies by 17.3% in the 2nd quarter. Diversify Advisory Services LLC now owns 2,153 shares of the technology company’s stock valued at $476,000 after purchasing an additional 317 shares during the period. Institutional investors own 98.51% of the company’s stock.

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).