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

Check Point Software Technologies (NASDAQ:CHKP) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 9.600-10.200 for the period, compared to the consensus EPS 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.

Analyst Upgrades and Downgrades

CHKP has been the topic of several analyst reports. Needham & Company LLC reiterated a “hold” rating on shares of Check Point Software Technologies in a research report on Friday. Mizuho raised their price target on shares of Check Point Software Technologies from $178.00 to $205.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. Scotiabank boosted their target price on shares of Check Point Software Technologies from $215.00 to $250.00 and gave the stock a “sector outperform” rating in a research note on Friday. Evercore ISI increased their target price on Check Point Software Technologies from $180.00 to $185.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. Finally, Jefferies Financial Group raised their price target on shares of Check Point Software Technologies from $220.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Nineteen investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $215.27.

Check Point Software Technologies Stock Down 0.4 %

Check Point Software Technologies stock opened at $218.02 on Friday. The company has a market cap of $23.98 billion, a price-to-earnings ratio of 29.78, a PEG ratio of 3.19 and a beta of 0.63. Check Point Software Technologies has a 52-week low of $145.75 and a 52-week high of $226.02. The firm’s fifty day moving average is $187.94 and its 200 day moving average is $187.44.

Check Point Software Technologies (NASDAQ:CHKP) last released 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 company 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%. Check Point Software Technologies’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period last year, the business posted $1.80 EPS. On average, equities research analysts anticipate that Check Point Software Technologies will post 7.87 earnings per share for the current fiscal year.

About Check Point Software Technologies

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.