Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a portfolio of network security, endpoint security, data security, and management solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against 5th and 6th generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile; Check Point Network Security, security gateways and software platforms that support small business and large enterprise data center and telco-grade environment; and Check Point SandBlast family for threat prevention and zero-day protections. The company also offers Check Point CloudGuard cloud security product that delivers threat prevention security, cloud visibility, cloud security posture management, and workload protection solutions for enterprise cloud networks, data, and applications; and Check Point Harmony that delivers the security for remote users and access; and Check Point Security Management, which enables customers from single offices to hundreds and thousands of offices to manage and tailor their security policy to express their business needs from a single pane of glass. In addition, the company provides technical customer support programs and plans; professional services in implementing, upgrading, and optimizing Check Point products comprising design planning and security implementation; and certification and educational training services on Check Point products. It sells its products and services to enterprises, service providers, small and medium sized businesses, and consumers through a network of channel partners, such as distributors, resellers, system integrators, original equipment manufacturers, and managed security service providers. Check Point Software Technologies Ltd. was incorporated in 1993 and is headquartered in Tel Aviv, Israel.
IPO Year: 1996
Exchange: NASDAQ
Website: checkpoint.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/30/2024 | $205.00 → $195.00 | Buy → Neutral | BofA Securities |
| 10/25/2024 | $200.00 → $238.00 | Market Perform | BMO Capital Markets |
| 1/31/2024 | Mkt Perform → Outperform | William Blair | |
| 12/18/2023 | Mkt Perform → Outperform | Raymond James | |
| 12/15/2023 | $190.00 | Positive | Susquehanna |
| 10/30/2023 | Underweight → Neutral | Piper Sandler | |
| 10/25/2023 | Hold | Needham | |
| 10/16/2023 | $118.00 → $144.00 | Underweight → Equal-Weight | Morgan Stanley |
| 5/9/2023 | $130.00 | Hold | Stifel |
| 5/2/2023 | Buy → Neutral | BTIG Research |
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Truist Securities analyst Joel Fishbein reiterates Check Point Software (NASDAQ:CHKP) with a Buy and raises the price target from $175 to $200.
JP Morgan analyst Brian Essex maintains Check Point Software (NASDAQ:CHKP) with a Neutral and raises the price target from $175 to $180.
Wedbush analyst Daniel Ives maintains Check Point Software (NASDAQ:CHKP) with a Outperform and raises the price target from $185 to $200.
Susquehanna analyst Shyam Patil maintains Check Point Software (NASDAQ:CHKP) with a Positive and raises the price target from $200 to $215.
Barclays analyst Saket Kalia maintains Check Point Software (NASDAQ:CHKP) with a Equal-Weight and raises the price target from $175 to $192.
Baird analyst Shrenik Kothari maintains Check Point Software (NASDAQ:CHKP) with a Neutral and raises the price target from $168 to $200.
Needham analyst Matt Dezort reiterates Check Point Software (NASDAQ:CHKP) with a Hold.
Wall Street experienced a turbulent session on Wednesday, with the S&P 500 index heading toward its worst performance in over a year and the tech-focused Nasdaq 100 eyeing its fifth decline in the last six sessions. The Magnificent Seven group — Microsoft Corp. (NYSE:MSFT), Apple Inc. (NASDAQ:AAPL), NVIDIA Corp., Alphabet Inc., Amazon Inc. (NASDAQ:AMZN), Meta Platforms Inc. (NASDAQ:META) and Tesla, Inc. — wiped out over $570 billion in their combined market valuation by midday trading in New York. The Roundhill Magnificent Seven ETF (NYSE:MAGS) fell 4.9%, marking the worst daily performance since the fund’s inception last year. Tesla shares plummeted over 11% after missing earnings exp
U.S. stocks were lower, with the Dow Jones index falling around 350 points on Wednesday. Shares of AT&T Inc. (NYSE:T) rose during Wednesday's session following second-quarter earnings. AT&T reported fiscal second-quarter 2024 operating revenues of $29.8 billion, down 0.4% year over year and missing the analyst consensus estimate of $29.9 billion. Adjusted EPS of 57 cents is in line with the analyst consensus estimate, according to data from Benzinga Pro. AT&T shares gained 3.1% to $18.78 on Wednesday. Here are some other big stocks recording gains in today’s session. PROG Holdings, Inc. (NYSE:PRG) shares jumped 20.4% to $41.71 after the company reported better-than-expected s
REDWOOD CITY, Calif., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ:CHKP), a pioneer and global leader of cyber security solutions, today announced the new Check Point Quantum Firewall Software R82 (R82) and additional innovations for the Infinity Platform. As organizations face a 75% surge in cyber-attacks worldwide, R82 delivers new AI-powered engines to prevent against zero-day threats including phishing, malware, and domain name system (DNS) exploits. It also includes new architectural changes and innovations that drive DevOps agility for data center operations as well as simplicity and scale. "Threats are continuing to multiply exponentially, and or
Avery More Elected as Chairman of the Board Guy Gecht Appointed as Member of the Board, replacing Tal Payne SolarEdge Technologies, Inc. (NASDAQ:SEDG), a global leader in smart energy technology, today announced that the Board of Directors (the "Board") has elected Avery More as Chairman of the Board of Directors, replacing Nadav Zafrir, who will remain on the Board. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241106921681/en/Guy Gecht (Photo: Business Wire) Also today, the Board appointed Guy Gecht as a member of its Board of Directors, effective immediately. He will serve on the Board's Audit Committee and qualifies as Aud
REDWOOD CITY, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ:CHKP) today announced that shareholders approved all seven proposals presented at the 2024 Annual General Meeting. Approximately 87.6 million shares, representing approximately 79.6% of the shares outstanding as of the record date, were voted at the meeting. Check Point would like to thank shareholders for the support and confidence they have in the company and its employees. For more information on the agenda items, please see the company's proxy statement for the annual general meeting of shareholders: http://www.checkpoint.com/about-us/investor-relations/annual-general-meeting/ About
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. Third Quarter 2024: Total Revenues: $635 million, a 7 percent increase year over yearSecurity Subscriptions Revenues: $277 million, a 12 percent increase year over yearGAAP Operating Income: $218 million, representing 34 percent of revenuesNon-GAAP Operating Income: $274 million, representing 43 percent of revenuesGAAP EPS: $1.83, a 4 percent increase year over yearNon-GAAP EPS: $2.25, a 9 percent increase year over year "Check Point delivered great third quarter financial results that were bo
REDWOOD CITY, Calif., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ:CHKP), has been named as one of the World's Best Employers by Forbes for the fifth year in a row. With over 6,500 employees around the world, Check Point is once again recognized as a leading cyber security employer by Forbes and was recently recognized as one of the World's Best Companies by TIME. "Our employees are Check Point's greatest asset in our mission to secure the world from cyber threats," said Yiftah Yoffe, Chief HR Officer at Check Point Software. "We strive every day to create an inclusive and innovation-minded culture to support and encourage our employees. We are proud
REDWOOD CITY, Calif., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ:CHKP), a leading cyber security platform provider of AI-powered, cloud delivered solutions, today announced its position as a leader in The Forrester Wave™: Enterprise Firewalls, Q4 2024 report. Forrester, a leading global research and advisory firm, states in its report that, "Check Point excels with collaborative tools," which we believe further validates our platform approach to offer enterprises a full suite of top-tier cyber security products. In an era where cybercrimes are escalating at an alarming rate, safeguarding digital assets and networks has never been more crucial. Check P
REDWOOD CITY, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ:CHKP), a pioneer and global leader of cyber security solutions, today announced the completion of its acquisition of Cyberint Technologies Ltd., a highly innovative provider of external risk management solutions. "At Check Point we are dedicated to staying ahead of the ever-growing threat landscape. By bringing Cyberint's real-time exposure analysis to our Infinity Platform, we are providing our customers with proactive and actionable threat intelligence and exposure management that will protect them from even more threats," said Sharon Schusheim, Chief Services Officer at Check Point
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 release its financial results for the third quarter ended September 30, 2024, on Tuesday, October 29, 2024, before the U.S. financial markets open. Management will host a video conference call with the investment community at 8:30 AM EDT/5:30 AM PDT on October 29, 2024. A live video webcast of the call will be hosted on the company's website at http://www.checkpoint.com/ir. To follow this and other Check Point news visit: LinkedIn: https://www.linkedin.com/company/check-point-software-technolog
REDWOOD CITY, Calif., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ:CHKP), a leading cyber security platform provider of AI-powered, cloud delivered solutions, today announced that it has been recognized as a Visionary in the 2024 Gartner® Magic Quadrant™ for Endpoint Protection Platforms. Check Point Harmony Endpoint is shaping the future of workspace security with flexible deployment options and a unified security approach, offering robust endpoint protection tailored to organizations of any scale. Businesses today are grappling with more advanced cyber threats aimed particularly at endpoints, highlighted by Check Point Research's report of a 30%
REDWOOD CITY, Calif., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ:CHKP), a leading cyber security platform provider of AI-powered, cloud delivered solutions, today announced that it has been named a Leader in the latest Frost & Sullivan Email Security Radar report. Check Point Harmony Email & Collaboration is recognized for its powerful technology that integrates advanced artificial intelligence (AI) with user-centric design to provide organizations with top-tier email protection. Email security continues to be important for organizations of all sizes. According to Check Point's 2024 Security Report, email continues to be the leading gateway for initi
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. Third Quarter 2024: Total Revenues: $635 million, a 7 percent increase year over yearSecurity Subscriptions Revenues: $277 million, a 12 percent increase year over yearGAAP Operating Income: $218 million, representing 34 percent of revenuesNon-GAAP Operating Income: $274 million, representing 43 percent of revenuesGAAP EPS: $1.83, a 4 percent increase year over yearNon-GAAP EPS: $2.25, a 9 percent increase year over year "Check Point delivered great third quarter financial results that were bo
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 release its financial results for the third quarter ended September 30, 2024, on Tuesday, October 29, 2024, before the U.S. financial markets open. Management will host a video conference call with the investment community at 8:30 AM EDT/5:30 AM PDT on October 29, 2024. A live video webcast of the call will be hosted on the company's website at http://www.checkpoint.com/ir. To follow this and other Check Point news visit: LinkedIn: https://www.linkedin.com/company/check-point-software-technolog
Nadav Zafrir, renowned Cyber Security leader, will assume CEO role December 2024 Gil Shwed, Founder & CEO, will transition to Executive Chairman REDWOOD CITY, Calif., July 24, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ:CHKP), today announced its financial results for the second quarter ended June 30, 2024, and the appointment of Nadav Zafrir as Check Point Chief Executive Officer. Second Quarter 2024: Total Revenues: $627 million, a 7 percent increase year over yearSecurity Subscription Revenues: $272 million, a 14 percent increase year over yearGAAP Operating Income: $209 million, representing 33 percent of revenuesNon-GAAP Operating Income: $265 million,
REDWOOD CITY, Calif., July 01, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ:CHKP), a leading provider of cyber security solutions globally, today announced that it will release its financial results for the second quarter ended June 30, 2024, on Wednesday, July 24, 2024, before the U.S. financial markets open. Management will host a video conference call with the investment community at 8:30 AM EST/5:30 AM PST on July 24, 2024. A live videocast of the call will be hosted on the company's website at http://www.checkpoint.com/ir. To follow this and other Check Point news visit: LinkedIn: https://www.linkedin.com/company/check-point-software-technologiesYouTube:
REDWOOD CITY, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ:CHKP), today announced its financial results for the quarter ended March 31st, 2024. First Quarter 2024: Total Revenues: $599 million, a 6 percent increase year over yearSecurity Subscription Revenues: $263 million, a 15 percent increase year over yearGAAP Operating Income: $194 million, representing 32 percent of total revenuesNon-GAAP Operating Income: $252 million, representing 42 percent of total revenuesGAAP EPS: $1.60, a 5 percent increase year over yearNon-GAAP EPS: $2.04, a 13 percent increase year over year "The first quarter yielded great results with revenues and EPS at t
REDWOOD CITY, Calif., April 01, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ:CHKP), a leading provider of cyber security solutions globally, today announced that it will release its financial results for the first quarter ended March 31, 2024, on Thursday, April 25, 2024, before the U.S. financial markets open. Management will host a video conference call with the investment community at 8:30 AM EST/5:30 AM PST on April 25, 2024. A live videocast of the call will be hosted on the company's website at http://www.checkpoint.com/ir. To follow this and other Check Point news visit: LinkedIn: https://www.linkedin.com/company/check-point-software-technologiesYou
SAN CARLOS, Calif., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ:CHKP), today announced its financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Total Revenues: $664 million, a 4 percent increase year over yearSecurity Subscriptions Revenues: $266 million, a 15 percent increase year over yearDeferred Revenues: $1,908 million, a 2 percent increase year over yearGAAP Operating Income: $252 million, representing 38 percent of revenuesNon-GAAP Operating Income: $309 million, representing 47 percent of revenuesGAAP EPS: $2.15, a 2 percent decrease year over yearNon-GAAP EPS: $2.57, a 5 percent
SAN CARLOS, Calif., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ:CHKP), a leading provider of cyber security solutions globally, today announced that it will release its financial results for the fourth quarter and full year 2023 ended December 31, 2023, on Tuesday, February 6, 2024, before the U.S. financial markets open. Management will host a video conference call with the investment community at 8:30 AM EDT/5:30 AM PST on February 6, 2024. A live video webcast of the call will be hosted on the company's website at http://www.checkpoint.com/ir. To follow this and other Check Point news visit: Twitter: http://www.twitter.com/checkpointswFacebook
SAN CARLOS, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ:CHKP), today announced its financial results for the third quarter ended September 30, 2023. Third Quarter 2023: Total Revenues: $596 million, a 3 percent increase year over yearSecurity Subscriptions Revenues: $248 million, a 15 percent increase year over yearDeferred Revenues: $1,709 million, a 4 percent increase year over year GAAP Operating Income: $226 million, representing 38 percent of revenuesNon-GAAP Operating Income: $269 million, representing 45 percent of revenuesGAAP EPS: $1.75, a 19 percent increase year over yearNon
SAN CARLOS, Calif., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ:CHKP), a leading provider of cyber security solutions globally, today announced that it will release its financial results for the third quarter ended September 30, 2023, on Monday October 30, 2023, before the U.S. financial markets open. Management will host a video conference call with the investment community at 8:30 AM EDT/5:30 AM PDT on October 30, 2023. A live video webcast of the call will be hosted on the company's website at http://www.checkpoint.com/ir. To follow this and other Check Point news visit: Twitter: http://www.twitter.com/checkpointswFacebook: http://www.facebook
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BofA Securities downgraded Check Point Software from Buy to Neutral and set a new price target of $195.00 from $205.00 previously
BMO Capital Markets reiterated coverage of Check Point Software with a rating of Market Perform and set a new price target of $238.00 from $200.00 previously
William Blair upgraded Check Point Software from Mkt Perform to Outperform
Raymond James upgraded Check Point Software from Mkt Perform to Outperform
Susquehanna initiated coverage of Check Point Software with a rating of Positive and set a new price target of $190.00
Piper Sandler upgraded Check Point Software from Underweight to Neutral
Needham initiated coverage of Check Point Software with a rating of Hold
Morgan Stanley upgraded Check Point Software from Underweight to Equal-Weight and set a new price target of $144.00 from $118.00 previously
Stifel initiated coverage of Check Point Software with a rating of Hold and set a new price target of $130.00
BTIG Research downgraded Check Point Software from Buy to Neutral
REDWOOD CITY, Calif., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ:CHKP), a leading cyber security platform provider, signs a definitive agreement to acquire Cyberint Technologies Ltd., a pioneering provider of External Risk Management solutions. This will significantly enhance Check Point's Security Operations Center (SOC) capabilities and expand its managed threat intelligence offerings. Cyberint's advanced capabilities will be integrated into the Check Point Infinity Platform for collaborative threat prevention and will also be available as a managed service through Check Point Infinity Platform Services. Founded in 2010, with over 170 employees w
SAN CARLOS, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ:CHKP), a leading provider of cyber security solutions globally, today announced Ms. Jill Smith has joined the company's Board of Directors following her appointment at the 2023 Annual General Meeting. Ms. Smith most recently served as the President and Chief Executive Officer of Allied Minds, an IP commercialization company, from March 2017 through June 2019, and prior to that she served as Chairman, Chief Executive Officer and President of DigitalGlobe Inc., a global provider of satellite imagery products and services. "Ms. Smith brings more than 20 years of international leadership ex
SAN CARLOS, Calif., May 11, 2023 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ:CHKP), a leading provider of cybersecurity solutions globally, today announced the appointment of Roei Golan to Chief Financial Officer, after serving as acting Chief Financial Officer since November 2022. Mr. Golan brings over 15 years of experience in finance to the role. "Mr. Golan's comprehensive experience spanning technology and finance makes him the ideal candidate to lead our business through the next stage of growth and beyond," said Gil Shwed, Founder and Chief Executive Officer of Check Point Software. Mr. Golan joined Check Point's finance department in 2021 after working at E
SAN CARLOS, Calif., March 02, 2022 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ:CHKP), a leading provider of cyber security solutions globally, is launching a new go- to-market organization headed in Silicon Valley. This unified effort will be led by Rupal Hollenbeck who will join Check Point on March 7, 2022 and will lead the company's sales and marketing operations globally. Dan Yerushalmi, the Company's Chief Customer Officer since 2018, will conclude his successful term later this year to focus his time on family and personal interests. "Check Point recently published its strongest quarterly results and we have already launched several important initiatives t
Artificial Intelligence Leader Hires Former Oracle and Intel Executive to Oversee Global Marketing Cerebras Systems, the pioneer in accelerating artificial intelligence (AI) compute, today announced the appointment of Rupal Shah Hollenbeck as Vice President and Chief Marketing Officer (CMO). With more than 25 years of high-tech experience supporting S&P 500 companies, including senior positions at Intel and Oracle, Hollenbeck will lead Cerebras' global marketing organization, including the company's growth and expansion into new markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210413005349/en/Cerebras Systems Appoints Rup
NEW YORK, March 16, 2021 /PRNewswire/ -- The global cybersecurity industry has changed dramatically in recent years. A large portion of that change comes from the development of new innovative technologies such as the Internet of Things (IoT), cloud computing, social media and more. However, products that rely on such technologies are more prone to an online attack. An example from last year that illustrates how complicated the current cybersecurity landscape has become is the hack on FireEye, one of the world's most famous cybersecurity firms. FireEye CEO, Kevin Mandia, explained that the hackers stole sensitive hacking tools that the company uses to detect weaknesses in customers' computer
SAN CARLOS, Calif., Dec. 22, 2020 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, announced today the appointment of Ms. Rupal Hollenbeck to its board of directors, effective as of January 1st, 2021. Ms. Hollenbeck was most recently Senior Vice President & Chief Marketing Officer at Oracle, a position which she held until January 2020. Prior to joining Oracle in 2018, Ms. Hollenbeck was with Intel Corporation for over 23 years, with her most recent role being Corporate Vice President and General Manager of Global Data Center Sales. Prior to that she was Vice President and General Manager of Intel China a