Research Analysts Issue Forecasts for CHKP FY2025 Earnings

Check Point Software Technologies Ltd. (NASDAQ:CHKP) – Analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for shares of Check Point Software Technologies in a research report issued on Tuesday, January 21st. Cantor Fitzgerald analyst J. Ruykhaver anticipates that the technology company will post earnings per share of $8.56 for the year. Cantor Fitzgerald currently has a “Neutral” rating and a $200.00 target price on the stock. The consensus estimate for Check Point Software Technologies’ current full-year earnings is $7.87 per share.

Check Point Software Technologies (NASDAQ:CHKP) last released 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. Check Point Software Technologies had a net margin of 33.17% and a return on equity of 31.84%. The business had revenue of $635.10 million for the quarter, compared to analysts’ expectations of $634.96 million. During the same quarter in the previous year, the business posted $1.80 earnings per share. The firm’s revenue for the quarter was up 6.5% compared to the same quarter last year.

CHKP has been the topic of a number of other research reports. Barclays dropped their price target on shares of Check Point Software Technologies from $210.00 to $200.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 29th. JPMorgan Chase & Co. lifted their price objective on Check Point Software Technologies from $180.00 to $210.00 and gave the stock a “neutral” rating in a report on Monday, October 28th. Evercore ISI raised their target price on Check Point Software Technologies from $180.00 to $185.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Bank of America lowered shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating and reduced their price target for the company from $205.00 to $195.00 in a research report on Wednesday, October 30th. Finally, Wedbush raised their price objective on shares of Check Point Software Technologies from $200.00 to $230.00 and gave the stock an “outperform” rating in a report on Wednesday, October 9th. Seventeen equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $203.05.

Check Point Software Technologies Price Performance

Shares of NASDAQ CHKP opened at $196.38 on Wednesday. Check Point Software Technologies has a 1 year low of $145.75 and a 1 year high of $210.70. The stock has a market capitalization of $21.60 billion, a P/E ratio of 26.83, a P/E/G ratio of 3.03 and a beta of 0.63. The company’s 50-day moving average is $184.82 and its 200 day moving average is $186.21.

Institutional Investors Weigh In On Check Point Software Technologies

Large investors have recently bought and sold shares of the business. Capital Investment Advisory Services LLC lifted its position in Check Point Software Technologies by 116.9% during the fourth quarter. Capital Investment Advisory Services LLC now owns 4,501 shares of the technology company’s stock valued at $840,000 after purchasing an additional 2,426 shares during the last quarter. Franklin Parlapiano Turner & Welch LLC purchased a new stake in shares of Check Point Software Technologies during the 4th quarter valued at about $5,691,000. Milestone Asset Management LLC lifted its holdings in shares of Check Point Software Technologies by 9.9% in the 4th quarter. Milestone Asset Management LLC now owns 1,781 shares of the technology company’s stock valued at $333,000 after acquiring an additional 160 shares during the last quarter. Swedbank AB grew its position in Check Point Software Technologies by 1.1% in the fourth quarter. Swedbank AB now owns 428,042 shares of the technology company’s stock worth $79,915,000 after acquiring an additional 4,760 shares in the last quarter. Finally, SteelPeak Wealth LLC increased its stake in Check Point Software Technologies by 51.4% during the fourth quarter. SteelPeak Wealth LLC now owns 2,315 shares of the technology company’s stock worth $432,000 after acquiring an additional 786 shares during the last quarter. Institutional investors own 98.51% of the company’s stock.

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.