Check Point Software TechnologiesCHKP
CHKP
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 6,809 funds
0
Analysts bullish %
of 12 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
83% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 52
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: $12.1B [Q2] → $14.3B (+$2.11B) [Q3]
6% more funds holding
Funds holding: 676 [Q2] → 719 (+43) [Q3]
2.06% more ownership
Funds ownership: 65.2% [Q2] → 67.26% (+2.06%) [Q3]
12% less repeat investments, than reductions
Existing positions increased: 229 | Existing positions reduced: 260
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$185
2%
downside
Avg. target
$206
9%
upside
High target
$230
22%
upside
12 analyst ratings
3 positive
25%
9 neutral
75%
0 negative
0%
Jefferies Joseph Gallo 69% 1-year accuracy 9 / 13 met price target | 20%upside $225 | Buy Maintained | 19 Dec 2024 |
Stifel Adam Borg 82% 1-year accuracy 23 / 28 met price target | 1%upside $190 | Hold Maintained | 18 Dec 2024 |
RBC Capital Matthew Hedberg 70% 1-year accuracy 147 / 209 met price target | 1%downside $187 | Sector Perform Reiterated | 30 Oct 2024 |
Evercore ISI Group Peter Levine 60% 1-year accuracy 6 / 10 met price target | 2%downside $185 | In-Line Maintained | 30 Oct 2024 |
BMO Capital Keith Bachman 80% 1-year accuracy 47 / 59 met price target | 14%upside $215 | Market Perform Reiterated | 30 Oct 2024 |
Financial journalist opinion
Based on 6 articles about CHKP published over the past 30 days
Neutral
GlobeNewsWire
3 days ago
Check Point Software Recognized as a Leader in Email Security in the Inaugural Gartner Magic Quadrant for Email Security Platforms
REDWOOD CITY, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd.
Neutral
Reuters
1 week ago
New CEO Zafrir takes over at Check Point Software
Check Point Software Technologies said on Monday that Nadav Zafrir has taken over as chief executive, replacing Gil Shwed who had been CEO for 30 years and built the Israeli network security firm into a multi-billion-dollar company.
Neutral
GlobeNewsWire
1 week ago
Gil Shwed Takes on the Role of Executive Chairman of the Board of Directors, Nadav Zafrir Becomes CEO at Check Point Software Technologies
TEL AVIV, Israel, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today announces the transition of Gil Shwed into the role of Executive Chairman of the Board of Directors, and the appointment of Nadav Zafrir as the company's new Chief Executive Officer, starting December 16th.
Neutral
GlobeNewsWire
1 week ago
Check Point Infinity XDR/XPR Achieves 100% Detection Rate in 2024 MITRE ATT&CK® Evaluations
Check Point Infinity XDR/XPR Delivers Unmatched Protection Against Ransomware and Endpoint Threats Check Point Infinity XDR/XPR Delivers Unmatched Protection Against Ransomware and Endpoint Threats
Positive
Zacks Investment Research
3 weeks ago
Why Is Check Point (CHKP) Up 4.4% Since Last Earnings Report?
Check Point (CHKP) reported earnings 30 days ago. What's next for the stock?
Positive
Zacks Investment Research
3 weeks ago
Check Point Rises 20% Year to Date: Should Investors Buy the Stock?
CHKP shares benefit from expanding AI integrated product offering. However, stretched valuation and intense competition keep investors on the sidelines.
Neutral
GlobeNewsWire
1 month ago
Check Point Software is a Leader in GigaOm Cloud Radar: Paving the Way in Cloud Security Innovation, Delivering Advanced Threat Prevention and Scalability
GigaOm names Check Point a Leader and Fast Mover in its Radar Report for CNAPPs, citing innovation, prevention focus, and a strong cloud security strategy
Neutral
GlobeNewsWire
1 month ago
Check Point Unveils New AI-Powered Network Security Innovations to Raise the Bar on Threat Prevention
New Check Point Quantum Firewall Software R82 delivers new AI engines, post-quantum encryption, accelerated DevOps, with greater simplicity for datacenter operations New Check Point Quantum Firewall Software R82 delivers new AI engines, post-quantum encryption, accelerated DevOps, with greater simplicity for datacenter operations
Positive
MarketBeat
1 month ago
Time to Buy These Up-and-Coming Software Firms?
The software portion of the larger tech industry has recently experienced a sharp upward swing. A benchmark ETF, the iShares Expanded Tech-Software Sector ETF BATS: IGV, has climbed by nearly 38% in the last year, with more than a quarter of that increase in the month from mid-October to mid-November.
Negative
Yahoo Finance
1 month ago
Cyberattacks becoming more difficult to stop: Check Point CEO
Shares of Check Point Software Technologies (CHKP) are sliding despite the cybersecurity provider reporting third quarter revenue rising 7% year over year. Check Point CEO Gil Shwed joins Catalysts to discuss the earnings results and break down the market reaction.
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