The Check Point Software Technologies Ltd (CHKP) share price is expected to increase by 2.06% over the next year. This is based on calculating the average 12-month share price estimate provided by 36 stock analysts who have covered CHKP. Price targets range from $170 at the low end to $225 at the high end. The current analyst consensus for CHKP is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 36 Wall Street analysts have assignedCHKP 13 buy ratings, 22 hold ratings, and 1 sell ratings. This means that analysts expect Check Point Software Technologies Ltd to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CHKP. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CHKP.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Joseph Gallo Jefferies | Buy | $225 | Maintains | Sep 24, 2024 |
Shyam Patil Susquehanna | Positive | $215 | Maintains | Jul 25, 2024 |
Saket Kalia Barclays | Equal-Weight | $192 | Maintains | Jul 25, 2024 |
Joel Fishbein Truist Securities | Buy | $200 | Reiterates | Jul 25, 2024 |
Keith Bachman BMO Capital | Market Perform | $200 | Maintains | Jul 25, 2024 |
Matt Dezort Needham | Hold | Reiterates | Jul 25, 2024 | |
Shrenik Kothari Baird | Neutral | $200 | Maintains | Jul 25, 2024 |
Daniel Ives Wedbush | Outperform | $200 | Maintains | Jul 25, 2024 |
Brian Essex JP Morgan | Neutral | $180 | Maintains | Jul 25, 2024 |
Patrick Colville Scotiabank | Sector Outperform | $200 | Maintains | Jul 25, 2024 |
Matthew Hedberg RBC Capital | Sector Perform | $187 | Maintains | Jul 25, 2024 |
Joseph Gallo Jefferies | Buy | $210 | Maintains | Jul 25, 2024 |
Brad Zelnick Deutsche Bank | Hold | $185 | Maintains | Jul 25, 2024 |
Adam Borg Stifel | Hold | $165 | Maintains | Apr 26, 2024 |
Matt Dezort Needham | Hold | Reiterates | Apr 26, 2024 | |
Saket Kalia Barclays | Equal-Weight | $175 | Maintains | Apr 26, 2024 |
Daniel Ives Wedbush | Outperform | $185 | Reiterates | Apr 26, 2024 |
Daniel Ives Wedbush | Outperform | $185 | Reiterates | Apr 10, 2024 |
Gregg Moskowitz Mizuho | Neutral | $160 | Maintains | Mar 27, 2024 |
Shaul Eyal TD Cowen | Outperform | $205 | Maintains | Mar 18, 2024 |
When did it IPO
1996
Staff Count
6,450
Country
Israel
Sector/Industry
Technology/Software—Infrastructure
CEO
Mr. Gil Shwed
Market Cap
$20.79B
In 2023, CHKP generated $2.41B in revenue, which was a increase of 3.64% from the previous year. This can be seen as a signal that CHKP's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Check Point Software Technologies Ltd. announced news from Redwood City, California, on September 26, 2024. Further details were not provided in the excerpt.
Why It Matters - Check Point Software's news could indicate developments impacting its market position, product offerings, or financial performance, influencing investor sentiment and stock valuation.
Summary - CHKP shares are positively impacted by acquisitions and a growing public sector client base, though concerns exist regarding their stretched valuation.
Why It Matters - CHKP's growth from acquisitions and public sector expansion signals potential upside, but high valuations may pose risks, impacting future performance and investment decisions.
Summary - Check Point has been recognized as a Leader in Frost & Sullivan's Email Security report for its innovative technology in advanced email protection.
Why It Matters - Check Point's recognition as a Leader in email security enhances its market credibility, potentially boosting sales and attracting investors seeking growth in cybersecurity.
Summary - U.S. utilities experienced a nearly 70% increase in cyberattacks in 2023 compared to the previous year, highlighting rising threats to critical infrastructure.
Why It Matters - Increased cyberattacks on U.S. utilities signal heightened risks to infrastructure, potentially impacting operational stability, regulatory scrutiny, and investment in cybersecurity measures.
Summary - Check Point Software Technologies Ltd. announced news on September 12, 2024, from Redwood City, California. Further details were not provided in the excerpt.
Why It Matters - Check Point Software's announcements can influence stock performance, investor sentiment, and market trends in cybersecurity, impacting portfolio strategies and valuation assessments.
Summary - Check Point has launched a new portal for MSSPs and distributors aimed at streamlining operations and enhancing service delivery efficiency.
Why It Matters - The new portal enhances efficiency and service delivery for MSSPs and distributors, potentially leading to increased sales and customer satisfaction for Check Point, positively impacting its stock performance.