Check Point Software Technologies (NASDAQ:CHKP) Releases FY 2025 Earnings Guidance

Check Point Software Technologies (NASDAQ:CHKP) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 9.600-10.200 for the period, compared to the consensus estimate of 9.930. The company issued revenue guidance of $2.7 billion-$2.8 billion, compared to the consensus revenue estimate of $2.7 billion. Check Point Software Technologies also updated its Q1 2025 guidance to 2.130-2.230 EPS.

Wall Street Analyst Weigh In

CHKP has been the topic of several research reports. Jefferies Financial Group upped their price objective on Check Point Software Technologies from $220.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 price objective on shares of Check Point Software Technologies in a research report on Monday. Piper Sandler upped their target price on shares of Check Point Software Technologies from $185.00 to $195.00 and gave the company a “neutral” rating in a research report on Monday, January 6th. Stifel Nicolaus lifted their price target on shares of Check Point Software Technologies from $182.00 to $190.00 and gave the stock a “hold” rating in a research report on Wednesday, December 18th. Finally, Bank of America cut shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $205.00 to $195.00 in a research note on Wednesday, October 30th. Seventeen analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Check Point Software Technologies currently has a consensus rating of “Hold” and a consensus target price of $206.60.

Check Point Software Technologies Stock Performance

Shares of NASDAQ CHKP traded up $15.09 during midday trading on Thursday, hitting $218.99. 2,068,479 shares of the stock traded hands, compared to its average volume of 813,371. Check Point Software Technologies has a one year low of $145.75 and a one year high of $226.03. The business has a 50 day moving average price of $187.20 and a two-hundred day moving average price of $187.22. The company has a market cap of $24.08 billion, a PE ratio of 29.92, a P/E/G ratio of 3.05 and a beta of 0.63.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings data on Tuesday, October 29th. The technology company reported $2.25 earnings per share for the quarter, hitting the consensus estimate of $2.25. The firm had revenue of $635.10 million for the quarter, compared to the consensus estimate of $634.96 million. Check Point Software Technologies had a net margin of 33.17% and a return on equity of 31.84%. The business’s revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.80 earnings per share. As a group, equities research analysts forecast that Check Point Software Technologies will post 7.87 EPS for the current fiscal year.

Check Point Software Technologies Company Profile

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.