Check Point Software Technologies (CHKP) – Research Analysts’ Recent Ratings Changes

Several analysts have recently updated their ratings and price targets for Check Point Software Technologies (NASDAQ: CHKP):

• 2/3/2025 – Check Point Software Technologies had its price target raised by analysts at BMO Capital Markets from $215.00 to $245.00. They now have a “market perform” rating on the stock.
• 1/31/2025 – Check Point Software Technologies had its price target raised by analysts at Royal Bank of Canada from $187.00 to $215.00. They now have a “sector perform” rating on the stock.
• 1/31/2025 – Check Point Software Technologies had its price target raised by analysts at Scotiabank from $215.00 to $250.00. They now have a “sector outperform” rating on the stock.
• 1/31/2025 – Check Point Software Technologies had its price target raised by analysts at Susquehanna from $215.00 to $255.00. They now have a “positive” rating on the stock.
• 1/31/2025 – Check Point Software Technologies had its price target raised by analysts at UBS Group AG from $200.00 to $230.00. They now have a “neutral” rating on the stock.
• 1/31/2025 – Check Point Software Technologies had its price target raised by analysts at JPMorgan Chase & Co. from $207.00 to $221.00. They now have a “neutral” rating on the stock.
• 1/31/2025 – Check Point Software Technologies had its “neutral” rating reaffirmed by analysts at Guggenheim.
• 1/31/2025 – Check Point Software Technologies had its price target raised by analysts at Stifel Nicolaus from $190.00 to $220.00. They now have a “hold” rating on the stock.
• 1/31/2025 – Check Point Software Technologies had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 1/31/2025 – Check Point Software Technologies had its price target raised by analysts at Morgan Stanley from $183.00 to $200.00. They now have an “equal weight” rating on the stock.
• 1/31/2025 – Check Point Software Technologies had its “buy” rating reaffirmed by analysts at Truist Financial Co.. They now have a $250.00 price target on the stock, up previously from $220.00.
• 1/30/2025 – Check Point Software Technologies had its price target raised by analysts at Barclays PLC from $200.00 to $230.00. They now have an “equal weight” rating on the stock.
• 1/27/2025 – Check Point Software Technologies had its “neutral” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $200.00 price target on the stock.
• 1/24/2025 – Check Point Software Technologies had its “neutral” rating reaffirmed by analysts at Guggenheim.
• 1/21/2025 – Check Point Software Technologies had its price target raised by analysts at Scotiabank from $200.00 to $215.00. They now have a “sector outperform” rating on the stock.
• 1/17/2025 – Check Point Software Technologies had its price target raised by analysts at Citigroup Inc. from $185.00 to $190.00. They now have a “neutral” rating on the stock.
• 1/9/2025 – Check Point Software Technologies is now covered by analysts at Cantor Fitzgerald. They set a “neutral” rating and a $200.00 price target on the stock.
• 1/6/2025 – Check Point Software Technologies had its price target raised by analysts at Piper Sandler from $185.00 to $195.00. They now have a “neutral” rating on the stock.
• 1/2/2025 – Check Point Software Technologies was downgraded by analysts at The Goldman Sachs Group, Inc. from a “buy” rating to a “neutral” rating. They now have a $207.00 price target on the stock, up previously from $204.00.
• 12/19/2024 – Check Point Software Technologies had its price target raised by analysts at Jefferies Financial Group Inc. from $220.00 to $225.00. They now have a “buy” rating on the stock.
• 12/18/2024 – Check Point Software Technologies had its price target raised by analysts at Stifel Nicolaus from $182.00 to $190.00. They now have a “hold” rating on the stock.

Check Point Software Technologies Stock Down 0.8 %

Check Point Software Technologies stock traded down $1.66 during trading on Wednesday, hitting $216.86. The stock had a trading volume of 805,714 shares, compared to its average volume of 913,693. The stock’s 50 day moving average is $193.11 and its two-hundred day moving average is $189.90. Check Point Software Technologies Ltd. has a 1 year low of $145.75 and a 1 year high of $226.02. The stock has a market cap of $23.85 billion, a price-to-earnings ratio of 29.03, a price-to-earnings-growth ratio of 3.31 and a beta of 0.65.

Institutional Investors Weigh In On Check Point Software Technologies

Institutional investors have recently modified their holdings of the stock. Koshinski Asset Management Inc. boosted its position in shares of Check Point Software Technologies by 10.0% in the third quarter. Koshinski Asset Management Inc. now owns 3,016 shares of the technology company’s stock worth $582,000 after purchasing an additional 273 shares during the period. Sound Income Strategies LLC raised its stake in Check Point Software Technologies by 654.4% during the third quarter. Sound Income Strategies LLC now owns 430 shares of the technology company’s stock valued at $83,000 after purchasing an additional 373 shares in the last quarter. CX Institutional bought a new position in Check Point Software Technologies during the third quarter valued at $190,000. Creative Planning grew its stake in shares of Check Point Software Technologies by 14.4% in the 3rd quarter. Creative Planning now owns 21,184 shares of the technology company’s stock worth $4,084,000 after buying an additional 2,674 shares in the last quarter. Finally, Regatta Capital Group LLC purchased a new stake in shares of Check Point Software Technologies during the 3rd quarter valued at about $226,000. 98.51% of the stock is owned by hedge funds and other institutional investors.

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.