Check Point Software Technologies (NASDAQ:CHKP) Issues Q1 2025 Earnings Guidance

Check Point Software Technologies (NASDAQ:CHKP) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.130-2.230 for the period, compared to the consensus estimate of 2.220. The company issued revenue guidance of $619.0 million-$649.0 million, compared to the consensus revenue estimate of $633.1 million. Check Point Software Technologies also updated its FY 2025 guidance to 9.600-10.200 EPS.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on CHKP shares. Piper Sandler increased their target price on Check Point Software Technologies from $185.00 to $195.00 and gave the company a “neutral” rating in a research note on Monday, January 6th. Stifel Nicolaus raised their price objective on shares of Check Point Software Technologies from $182.00 to $190.00 and gave the stock a “hold” rating in a research note on Wednesday, December 18th. Barclays upped their target price on shares of Check Point Software Technologies from $200.00 to $230.00 and gave the company an “equal weight” rating in a research note on Thursday. Scotiabank raised 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. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.00 price objective on shares of Check Point Software Technologies in a research report on Monday. Seventeen research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, Check Point Software Technologies presently has an average rating of “Hold” and a consensus price target of $206.60.

Check Point Software Technologies Trading Up 7.4 %

CHKP stock traded up $15.09 during trading on Thursday, hitting $218.99. 2,068,454 shares of the stock traded hands, compared to its average volume of 813,368. The stock has a market cap of $24.08 billion, a price-to-earnings ratio of 29.92, a P/E/G ratio of 3.05 and a beta of 0.63. Check Point Software Technologies has a one year low of $145.75 and a one year high of $226.03. The company has a 50 day simple moving average of $187.20 and a 200 day simple moving average of $187.22.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings results on Tuesday, October 29th. The technology company reported $2.25 EPS for the quarter, hitting analysts’ consensus estimates of $2.25. Check Point Software Technologies had a return on equity of 31.84% and a net margin of 33.17%. The business had revenue of $635.10 million for the quarter, compared to analyst estimates of $634.96 million. During the same period in the prior year, the company earned $1.80 EPS. Check Point Software Technologies’s revenue for the quarter was up 6.5% on a year-over-year basis. As a group, analysts predict 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.