Check Point Software TechnologiesCHKP
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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
138% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 40
42% more call options, than puts
Call options by funds: $138M | Put options by funds: $97.3M
25% more funds holding in top 10
Funds holding in top 10: 20 [Q2] → 25 (+5) [Q3]
17% more capital invested
Capital invested by funds: $12.2B [Q2] → $14.3B (+$2.11B) [Q3]
6% more funds holding
Funds holding: 676 [Q2] → 719 (+43) [Q3]
2.05% more ownership
Funds ownership: 65.35% [Q2] → 67.4% (+2.05%) [Q3]
12% less repeat investments, than reductions
Existing positions increased: 229 | Existing positions reduced: 260
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
Cantor Fitzgerald Jonathan Ruykhaver 70% 1-year accuracy 7 / 10 met price target | 9%upside $200 | Neutral Initiated | 9 Jan 2025 |
Piper Sandler Rob Owens 48% 1-year accuracy 13 / 27 met price target | 6%upside $195 | Neutral Maintained | 6 Jan 2025 |
Goldman Sachs Gabriela Borges 46% 1-year accuracy 13 / 28 met price target | 13%upside $207 | Neutral Downgraded | 2 Jan 2025 |
Jefferies Joseph Gallo 38% 1-year accuracy 5 / 13 met price target | 23%upside $225 | Buy Maintained | 19 Dec 2024 |
Stifel Adam Borg 55% 1-year accuracy 16 / 29 met price target | 4%upside $190 | Hold Maintained | 18 Dec 2024 |
Financial journalist opinion
Based on 4 articles about CHKP published over the past 30 days