Check Point Software Technologies Ltd. (CHKP)

NASDAQ: CHKP · Real-Time Price · USD
176.83
+2.27 (1.30%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.30%
Market Cap 19.45B
Revenue (ttm) 2.52B
Net Income (ttm) 837.40M
Shares Out 109.98M
EPS (ttm) 7.32
PE Ratio 24.17
Forward PE 18.23
Dividend n/a
Ex-Dividend Date n/a
Volume 414,848
Open 174.65
Previous Close 174.56
Day's Range 173.61 - 177.20
52-Week Range 143.28 - 210.70
Beta 0.63
Analysts Buy
Price Target 196.53 (+11.14%)
Earnings Date Oct 29, 2024

About CHKP

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. In addition, the company offers security gateways and software platforms th... [Read more]

Sector Technology
IPO Date Jun 28, 1996
Employees 6,450
Stock Exchange NASDAQ
Ticker Symbol CHKP
Full Company Profile

Financial Performance

In 2023, Check Point Software's revenue was $2.41 billion, an increase of 3.64% compared to the previous year's $2.33 billion. Earnings were $840.30 million, an increase of 5.45%.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for CHKP stock is "Buy." The 12-month stock price forecast is $196.53, which is an increase of 11.14% from the latest price.

Price Target
$196.53
(11.14% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 S...

21 hours ago - GlobeNewsWire

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...

18 days ago - Yahoo Finance

Check Point Software Technologies Ltd. Shareholders Approve All 2024 Annual General Meeting Proposals

REDWOOD CITY, Calif., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ: CHKP) today announced that shareholders approved all seven proposals presented at the 2024 Annua...

20 days ago - GlobeNewsWire

Check Point's Slowing Growth Despite New Products Prompts Analyst Downgrade

B of A Securities analyst Tal Liani downgraded Check Point Software Technologies Ltd CHKP from Buy to Neutral and lowered the price target from $205 to $195.

21 days ago - Benzinga

Check Point Software: Miss In Billings Growth Is Not A Big Concern

I maintain a buy rating on Check Point Software (CHKP) due to strong product revenue growth and healthy demand. CHKP's 3Q24 results showed 6.5% y/y revenue growth, aligning with expectations, driven b...

21 days ago - Seeking Alpha

Check Point Software Technologies Ltd. (CHKP) Q3 2024 Earnings Call Transcript

Check Point Software Technologies Ltd. (NASDAQ:CHKP) Q3 2024 Earnings Conference Call October 29, 2024 8:30 AM ET Company Participants Kip Meintzer – Head-Global Investor Relations Roei Golan – Chief...

22 days ago - Seeking Alpha

Check Point Software Reports 2024 Third Quarter Financial Results

REDWOOD CITY, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), today announced its financial results for the third quarter ended September 30, 2024.

23 days ago - GlobeNewsWire

Check Point Software Recognized by Forbes for Fifth Consecutive Year as World's Top Notch Cyber Security Employer

The Forbes World's Best Employers 2024 list highlight's Check Point's strong workplace culture and commitment to ESG The Forbes World's Best Employers 2024 list highlight's Check Point's strong workpl...

5 weeks ago - GlobeNewsWire

Check Point Software Named a Leader in Enterprise Firewall Solutions Evaluation, According to Independent Research Firm

Forrester has recognized Check Point as a Leader in Enterprise Firewalls, excelling in collaborative tools, Vision, Innovation, and Threat Intelligence

6 weeks ago - GlobeNewsWire

Check Point Software Completes Cyberint Acquisition

Ushers new era of AI-driven, external risk management solutions for security operations Ushers new era of AI-driven, external risk management solutions for security operations

7 weeks ago - GlobeNewsWire

Check Point Software to Announce Third Quarter FY2024 Financial Results on October 29, 2024

REDWOOD CITY, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, today announced that it will re...

7 weeks ago - GlobeNewsWire

Check Point Software Recognized as a Visionary in Endpoint Security in 2024 Gartner Magic Quadrant for Endpoint Protection Platforms

REDWOOD CITY, Calif., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd.

7 weeks ago - GlobeNewsWire

Check Point Software is Recognized as a Leader in Email Security, Showcasing its Innovative AI-based Threat Intelligence Capabilities

Check Point named a Leader in Frost & Sullivan's Email Security report, celebrated for its innovative technology that provides advanced email protection.

2 months ago - GlobeNewsWire

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.

2 months ago - GlobeNewsWire

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...

2 months ago - Reuters

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.

2 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

Check Point: This Will Likely Be 'Dead Money' For Some Time

Check Point reported its Q2 FY24 earnings, where revenue grew 7% YoY, driven by double-digit growth in Products & Subscriptions, while operating profit remained flat YoY. Although the company is drivi...

4 months ago - Seeking Alpha

Check Point Software Technologies Ltd. (CHKP) Q2 2024 Earnings Call Transcript

Check Point Software Technologies Ltd. (CHKP) Q2 2024 Earnings Call Transcript

4 months ago - Seeking Alpha

Israeli cyber security company Check Point appoints Nadav Zafrir as new CEO

Check Point Software Technologies on Wednesday said that cybersecurity veteran Nadav Zafrir will become its new chief executive starting in December.

4 months ago - Reuters

Check Point Software Announces New CEO & Reports Strong 2024 Second Quarter Results

Nadav Zafrir, renowned Cyber Security leader, will assume CEO role December 2024 Gil Shwed, Founder & CEO, will transition to Executive Chairman

4 months ago - GlobeNewsWire

Check Point Software is Named a Leader in Mobile Threat Defense Solutions Report by Independent Research Firm

REDWOOD CITY, Calif., July 16, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd.

4 months ago - GlobeNewsWire

Check Point Software Releases its 2023 Environment, Social, and Governance (ESG) Report

Report reflects Check Point's progress to secure a shared future across ESG pillars Report reflects Check Point's progress to secure a shared future across ESG pillars

4 months ago - GlobeNewsWire

Check Point Software Technologies Announces $2.0 Billion Expansion of Share Repurchase Authorization

REDWOOD CITY, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, today announced that its board ...

4 months ago - GlobeNewsWire

Check Point Securing Profits, Big Money Interest

Cybersecurity firm Check Point Software Technologies Ltd. (CHKP) is leveraging AI to protect data and grow its business.

4 months ago - FXEmpire