FY2025 EPS Estimates for CHKP Boosted by Cantor Fitzgerald

Check Point Software Technologies Ltd. (NASDAQ:CHKP - Free Report) - Investment analysts at Cantor Fitzgerald lifted their FY2025 earnings per share estimates for Check Point Software Technologies in a research report issued on Friday, January 31st. Cantor Fitzgerald analyst J. Ruykhaver now expects that the technology company will post earnings per share of $8.62 for the year, up from their prior estimate of $8.56. 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 $8.55 per share.

A number of other research firms have also commented on CHKP. Piper Sandler raised their price objective on shares of Check Point Software Technologies from $185.00 to $195.00 and gave the company a "neutral" rating in a research note on Monday, January 6th. Bank of America cut Check Point Software Technologies from a "buy" rating to a "neutral" rating and lowered their price target for the company from $205.00 to $195.00 in a research report on Wednesday, October 30th. Mizuho raised their target price on Check Point Software Technologies from $178.00 to $205.00 and gave the company a "neutral" rating in a research note on Thursday, October 17th. Susquehanna lifted their target price on Check Point Software Technologies from $215.00 to $255.00 and gave the stock a "positive" rating in a report on Friday, January 31st. Finally, BMO Capital Markets upped their price target on shares of Check Point Software Technologies from $215.00 to $245.00 and gave the company a "market perform" rating in a report on Monday. Nineteen research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, Check Point Software Technologies currently has an average rating of "Hold" and an average price target of $215.59.

Check Point Software Technologies Stock Down 2.1 %

Check Point Software Technologies stock traded down $4.55 during trading hours on Monday, hitting $212.44. 1,050,188 shares of the company traded hands, compared to its average volume of 891,495. The firm's 50-day simple moving average is $190.61 and its two-hundred day simple moving average is $188.75. The firm has a market cap of $23.36 billion, a P/E ratio of 28.44, a P/E/G ratio of 3.41 and a beta of 0.65. Check Point Software Technologies has a 1-year low of $145.75 and a 1-year high of $226.02.

Institutional Trading of Check Point Software Technologies

Hedge funds have recently made changes to their positions in the stock. Vestmark Advisory Solutions Inc. grew its position in Check Point Software Technologies by 99.3% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 4,973 shares of the technology company's stock valued at $928,000 after purchasing an additional 2,478 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Check Point Software Technologies during the 4th quarter valued at $38,558,000. Proficio Capital Partners LLC purchased a new position in shares of Check Point Software Technologies during the 4th quarter valued at $13,838,000. Atria Investments Inc increased its stake in shares of Check Point Software Technologies by 6.6% in the fourth quarter. Atria Investments Inc now owns 31,090 shares of the technology company's stock worth $5,805,000 after acquiring an additional 1,923 shares during the last quarter. Finally, Assetmark Inc. raised its holdings in shares of Check Point Software Technologies by 44.1% during the fourth quarter. Assetmark Inc. now owns 140,943 shares of the technology company's stock worth $26,314,000 after acquiring an additional 43,165 shares in the last quarter. 98.51% of the stock is owned by hedge funds and other institutional investors.

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.