Check Point Software Technologies (NASDAQ:CHKP) Issues FY 2025 Earnings Guidance

Check Point Software Technologies (NASDAQ:CHKP) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 9.600-10.200 for the period, compared to the consensus estimate of 9.930. The company issued revenue guidance of $2.7 billion-$2.8 billion, compared to the consensus revenue estimate of $2.7 billion. Check Point Software Technologies also updated its Q1 2025 guidance to 2.130-2.230 EPS.

Check Point Software Technologies Trading Up 7.4 %

Check Point Software Technologies stock traded up $15.09 during trading on Thursday, reaching $218.99. The company had a trading volume of 2,068,454 shares, compared to its average volume of 813,368. The firm’s 50-day simple moving average is $187.20 and its 200 day simple moving average is $187.22. Check Point Software Technologies has a 52 week low of $145.75 and a 52 week high of $226.03. The firm has a market capitalization of $24.08 billion, a price-to-earnings ratio of 29.92, a price-to-earnings-growth ratio of 3.05 and a beta of 0.63.

Check Point Software Technologies (NASDAQ:CHKP) last posted its quarterly earnings data on Tuesday, October 29th. The technology company reported $2.25 EPS for the quarter, hitting the consensus estimate of $2.25. The firm had revenue of $635.10 million for the quarter, compared to the consensus estimate of $634.96 million. Check Point Software Technologies had a return on equity of 31.84% and a net margin of 33.17%. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.80 earnings per share. On average, analysts predict that Check Point Software Technologies will post 7.87 earnings per share for the current year.

Analysts Set New Price Targets

CHKP has been the topic of several analyst reports. Scotiabank upped their price target on shares of Check Point Software Technologies from $200.00 to $215.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, January 21st. Mizuho upped their target price on shares of Check Point Software Technologies from $178.00 to $205.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. Bank of America cut Check Point Software Technologies from a “buy” rating to a “neutral” rating and decreased their price target for the company from $205.00 to $195.00 in a report on Wednesday, October 30th. BMO Capital Markets upped their price objective on Check Point Software Technologies from $200.00 to $238.00 and gave the stock a “market perform” rating in a research note on Friday, October 25th. Finally, Citigroup increased their target price on Check Point Software Technologies from $185.00 to $190.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. Seventeen equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $206.60.

Check Point Software Technologies Company Profile

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.