Check Point Software Technologies
CHKP

$195.17

2.42%

Market Cap: $21.7B

About: Check Point Software Technologies is a pure-play cybersecurity vendor. The company offers solutions for network, endpoint, cloud, and mobile security in addition to security management. Check Point, a software specialist, sells to enterprises, businesses, and consumers. Around 50% of revenue is generated in Europe, the Middle East, and Africa, 40% from the Americas, and 10% from the Asia-Pacific region. The firm, based in Tel Aviv, Israel, was founded in 1993 and has about 5,000 employees.

Employees: 6,450

0

Funds holding %

of 6,710 funds

0

Analysts bullish %

of 11 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

18% more funds holding in top 10

Funds holding in top 10: 17 [Q1] → 20 (+3) [Q2]

2.98% more ownership

Funds ownership: 61.56% [Q1] → 64.55% (+2.98%) [Q2]

2% more repeat investments, than reductions

Existing positions increased: 239 | Existing positions reduced: 235

1% less funds holding

Funds holding: 674 [Q1] → 670 (-4) [Q2]

1% less capital invested

Capital invested by funds: $12.2B [Q1] → $12B (-$156M) [Q2]

5% less call options, than puts

Call options by funds: $57.9M | Put options by funds: $60.9M

6% less first-time investments, than exits

New positions opened: 61 | Existing positions closed: 65

See Fund Rankings

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$180

8%

downside

Avg. target

$197

1%

upside

High target

$215

10%

upside

11 analyst ratings

5 positive

45%

6 neutral

55%

0 negative

0%

Scotiabank Patrick Colville 39% 1-year accuracy 11 / 28 met price target	2%upside $200	Sector Outperform Maintained	25 Jul 2024
Deutsche Bank Brad Zelnick 50% 1-year accuracy 5 / 10 met price target	5%downside $185	Hold Maintained	25 Jul 2024
BMO Capital Keith Bachman 56% 1-year accuracy 35 / 62 met price target	2%upside $200	Market Perform Maintained	25 Jul 2024
Jefferies Joseph Gallo 71% 1-year accuracy 5 / 7 met price target	8%upside $210	Buy Maintained	25 Jul 2024
RBC Capital Matthew Hedberg 48% 1-year accuracy 55 / 114 met price target	4%downside $187	Sector Perform Maintained	25 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about CHKP published over the past 30 days

Check Point Software Debuts on World's Best Companies of 2024 List by TIME and Statista

REDWOOD CITY, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd.

Check Point Software Debuts on World's Best Companies of 2024 List by TIME and Statista

Cyberattacks on US utilities surged 70% this year, says Check Point

U.S. utilities faced a near 70% jump in cyberattacks this year over the same period in 2023, according to data from Check Point Research, underlining the escalating threat to a critical infrastructure.

Cyberattacks on US utilities surged 70% this year, says Check Point

Check Point Software Unveils New MSSP Portal for Partners: Vastly Simplifying Service Delivery and Ease of Doing Business

New Portal designed for MSSP's and distributors to streamline operations, providing faster service delivery and ease of doing business with Check Point.

Check Point Software Unveils New MSSP Portal for Partners: Vastly Simplifying Service Delivery and Ease of Doing Business

Zacks Investment Research

Why Is Check Point (CHKP) Up 5.1% Since Last Earnings Report?

Check Point (CHKP) reported earnings 30 days ago. What's next for the stock?

Why Is Check Point (CHKP) Up 5.1% Since Last Earnings Report?

3 Cloud Security Stocks That May Benefit from Increased Cyber Threats

The recent cybersecurity glitch triggered by a global technological outage exposed the underlying cyber threat as the world continues to embrace internet technology. The cyber glitch came against the backdrop of the recent cyber attacks on UnitedHealth Group (NYSE: UNH ), MGM Resorts (NYSE: MGM ), and Caesars Entertainment (NASDAQ: CZR ), two major casino operators in the country.

3 Cloud Security Stocks That May Benefit from Increased Cyber Threats

The 3 Best Cybersecurity Stocks to Buy in August 2024

Cybersecurity issues are only getting worse, creating opportunities for some of the best cybersecurity stocks. Unfortunately, many of us, including businesses and governments around the world, still aren't prepared.

The 3 Best Cybersecurity Stocks to Buy in August 2024

Check Point Software: Q2, Various Signs Point To Healthy Growth Ahead

Check Point Software is recommended as a buy due to robust growth prospects, including accelerating billings growth, PNL segment turnaround, and strong demand for new products. CHKP is a cybersecurity company offering network and gateway security solutions, serving various industries. 2Q24 revenue grew 6.6%, driven by strong demand for the Infinity Platform and Harmony email. Growth reacceleration in 2Q24 indicates a positive outlook for 2H24 and FY25.

Check Point Software: Q2, Various Signs Point To Healthy Growth Ahead

3 Cybersecurity Stocks That Can Outperform in the Next 5 Years

The cybersecurity sector is poised for tremendous growth over the next decade. With cybercrimes continuing to rise at a record pace, cybersecurity stocks represent a compelling long-term investment opportunity.

3 Cybersecurity Stocks That Can Outperform in the Next 5 Years

Zacks Investment Research

Is Check Point Software Technologies (CHKP) Stock Outpacing Its Computer and Technology Peers This Year?

Here is how Check Point Software (CHKP) and Itron (ITRI) have performed compared to their sector so far this year.

Is Check Point Software Technologies (CHKP) Stock Outpacing Its Computer and Technology Peers This Year?

Zacks Investment Research

Here's Why Check Point Software (CHKP) is a Strong Momentum Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Here's Why Check Point Software (CHKP) is a Strong Momentum Stock

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