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Analysts Issue Forecasts for CHKP Q1 Earnings


Analysts Issue Forecasts for CHKP Q1 Earnings

Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) - KeyCorp issued their Q1 2025 earnings estimates for shares of Check Point Software Technologies in a research report issued to clients and investors on Thursday, December 19th. KeyCorp analyst J. Celino forecasts that the technology company will post earnings per share of $1.91 for the quarter. The consensus estimate for Check Point Software Technologies' current full-year earnings is $7.87 per share. KeyCorp also issued estimates for Check Point Software Technologies' Q2 2025 earnings at $1.99 EPS, Q3 2025 earnings at $2.10 EPS and Q4 2025 earnings at $2.50 EPS.

Several other brokerages also recently commented on CHKP. Bank of America downgraded shares of Check Point Software Technologies from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $205.00 to $195.00 in a research report on Wednesday, October 30th. Robert W. Baird lowered their price objective on Check Point Software Technologies from $210.00 to $205.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 30th. Needham & Company LLC reaffirmed a "hold" rating on shares of Check Point Software Technologies in a research note on Wednesday, October 30th. Stifel Nicolaus lifted their target price on Check Point Software Technologies from $182.00 to $190.00 and gave the company a "hold" rating in a research note on Wednesday, December 18th. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $187.00 price target on shares of Check Point Software Technologies in a research note on Wednesday, October 30th. Fifteen equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Check Point Software Technologies presently has an average rating of "Hold" and an average price target of $199.05.

View Our Latest Analysis on Check Point Software Technologies

Shares of NASDAQ:CHKP opened at $188.05 on Monday. The company has a market capitalization of $20.68 billion, a P/E ratio of 25.69, a P/E/G ratio of 3.21 and a beta of 0.63. Check Point Software Technologies has a 1-year low of $145.75 and a 1-year high of $210.70. The firm's 50 day simple moving average is $186.59 and its two-hundred day simple moving average is $181.99.

Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) last issued its quarterly earnings results on Tuesday, October 29th. The technology company reported $2.25 EPS for the quarter, hitting analysts' consensus estimates 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 return on equity of 31.84% and a net margin of 33.17%. The business's quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.80 earnings per share.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. FSA Wealth Management LLC bought a new position in shares of Check Point Software Technologies during the 3rd quarter valued at approximately $27,000. Kathleen S. Wright Associates Inc. purchased a new position in Check Point Software Technologies during the third quarter worth $33,000. Concord Wealth Partners bought a new position in Check Point Software Technologies during the third quarter valued at $37,000. Arrow Financial Corp raised its stake in shares of Check Point Software Technologies by 62.5% in the third quarter. Arrow Financial Corp now owns 260 shares of the technology company's stock valued at $50,000 after acquiring an additional 100 shares during the period. Finally, FSC Wealth Advisors LLC bought a new stake in shares of Check Point Software Technologies in the 3rd quarter worth about $60,000. 98.51% of the stock is currently 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.

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