Check Point Software Technologies Ltd. (CHKP)

Check Point Software Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for CHKP stock have an average target of 183.68, with a low estimate of 144 and a high estimate of 215. The average target predicts a decrease of -5.89% from the current stock price of 195.17.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$144	$183.68	$187	$215
Change	-26.22%	-5.89%	-4.19%	+10.16%

* Price targets were last updated on Jul 25, 2024.

Analyst Ratings

The average analyst rating for Check Point Software stock from 22 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Apr '24	May '24	Jun '24	Jul '24	Aug '24	Sep '24
Strong Buy	2	2	2	3	3	3
Buy	6	6	6	6	6	6
Hold	13	13	13	13	13	13
Sell	1	1	1	0	0	0
Strong Sell	0	0	0	0	0	0
Total	22	22	22	22	22	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Patrick Colville Scotiabank	Scotiabank	Buy Maintains $180 → $200	Buy	Maintains	$180 → $200	+2.47%	Jul 25, 2024
Brad Zelnick Deutsche Bank	Deutsche Bank	Hold Maintains $175 → $185	Hold	Maintains	$175 → $185	-5.21%	Jul 25, 2024
Keith Bachman BMO Capital	BMO Capital	Hold Maintains $180 → $200	Hold	Maintains	$180 → $200	+2.47%	Jul 25, 2024
Joseph Gallo Jefferies	Jefferies	Strong Buy Maintains $185 → $210	Strong Buy	Maintains	$185 → $210	+7.60%	Jul 25, 2024
Matthew Hedberg RBC Capital	RBC Capital	Hold Maintains $165 → $187	Hold	Maintains	$165 → $187	-4.19%	Jul 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.62B

Increased by 8.30%

from 2.41B

Revenue Next Year

2.76B

Increased by 5.47%

from 2.62B

EPS This Year

9.28

Increased by 30.69%

from 7.10

EPS Next Year

10.25

Increased by 10.50%

from 9.28

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.99B	2.06B	2.17B	2.33B	2.41B	2.62B	2.76B	2.89B
Revenue Growth	4.09%	3.51%	4.93%	7.53%	3.64%	8.30%	5.47%	4.89%
EPS	5.43	5.96	6.08	6.31	7.10	9.28	10.25	11.36
EPS Growth	5.44%	9.76%	2.01%	3.78%	12.52%	30.69%	10.50%	10.75%
Forward PE	-	-	-	-	-	21.03	19.04	17.19
No. Analysts	-	-	-	-	-	38	38	16

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	2.7B	2.9B	3.1B
Avg	2.6B	2.8B	2.9B
Low	2.5B	2.6B	2.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	12.9%	11.7%	11.5%
Avg	8.3%	5.5%	4.9%
Low	3.5%	-2.1%	-4.0%

EPS Forecast

EPS	2024	2025	2026	2027
High	9.77	11.03	12.44
Avg	9.28	10.25	11.36
Low	8.81	9.45	9.88

EPS Growth

EPS Growth	2024	2025	2026	2027
High	37.5%	18.8%	21.4%
Avg	30.7%	10.5%	10.8%
Low	24.1%	1.8%	-3.7%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.