Check Point Software Technologies Ltd. (NASDAQ:CHKP – Free Report) – Research analysts at William Blair cut their Q1 2025 EPS estimates for shares of Check Point Software Technologies in a note issued to investors on Tuesday, October 29th. William Blair analyst J. Ho now anticipates that the technology company will earn $1.88 per share for the quarter, down from their previous forecast of $1.92. The consensus estimate for Check Point Software Technologies’ current full-year earnings is $7.84 per share. William Blair also issued estimates for Check Point Software Technologies’ Q2 2025 earnings at $2.02 EPS and Q3 2025 earnings at $2.10 EPS.
Several other equities research analysts have also recently weighed in on the stock. BMO Capital Markets increased their price target on shares of Check Point Software Technologies from $200.00 to $238.00 and gave the company a “market perform” rating in a research report on Friday, October 25th. Bank of America lowered shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $205.00 to $195.00 in a report on Wednesday. Needham & Company LLC restated a “hold” rating on shares of Check Point Software Technologies in a report on Wednesday. Scotiabank upped their price objective on shares of Check Point Software Technologies from $180.00 to $200.00 and gave the stock a “sector outperform” rating in a report on Thursday, July 25th. Finally, Susquehanna upped their price objective on shares of Check Point Software Technologies from $200.00 to $215.00 and gave the stock a “positive” rating in a report on Thursday, July 25th. Fifteen analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, Check Point Software Technologies presently has an average rating of “Hold” and a consensus target price of $197.74.
Check Point Software Technologies Stock Down 1.6 %
Shares of CHKP opened at $170.50 on Friday. The stock has a market capitalization of $18.75 billion, a P/E ratio of 23.29, a PEG ratio of 2.71 and a beta of 0.62. The firm has a fifty day simple moving average of $194.47 and a two-hundred day simple moving average of $174.75. Check Point Software Technologies has a twelve month low of $134.72 and a twelve month high of $210.70.
Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The technology company reported $2.25 earnings per share for the quarter, meeting the consensus estimate of $2.25. The business had revenue of $635.10 million during the quarter, compared to analysts’ expectations of $634.96 million. Check Point Software Technologies had a net margin of 33.17% and a return on equity of 31.84%. The firm’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.80 EPS.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of CHKP. Swedbank AB purchased a new position in Check Point Software Technologies in the first quarter worth about $69,487,000. Boston Partners grew its stake in shares of Check Point Software Technologies by 13.1% in the first quarter. Boston Partners now owns 3,623,923 shares of the technology company’s stock worth $594,169,000 after acquiring an additional 419,404 shares during the period. Acadian Asset Management LLC grew its stake in shares of Check Point Software Technologies by 10.5% in the second quarter. Acadian Asset Management LLC now owns 4,108,685 shares of the technology company’s stock worth $677,869,000 after acquiring an additional 391,983 shares during the period. Marshall Wace LLP bought a new stake in shares of Check Point Software Technologies in the second quarter worth approximately $47,244,000. Finally, Meitav Investment House Ltd. grew its stake in shares of Check Point Software Technologies by 1,295.8% in the second quarter. Meitav Investment House Ltd. now owns 209,612 shares of the technology company’s stock worth $34,557,000 after acquiring an additional 194,595 shares during the period. 87.62% of the stock is owned by hedge funds and other institutional investors.
About Check Point Software Technologies
Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.
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