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

Check Point Software Technologies (NASDAQ:CHKPGet Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 2.130-2.230 for the period, compared to the consensus earnings per share 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.

Check Point Software Technologies Trading Up 7.4 %

CHKP traded up $15.09 on Thursday, reaching $218.99. The company had a trading volume of 2,068,479 shares, compared to its average volume of 813,371. Check Point Software Technologies has a one year low of $145.75 and a one year high of $226.03. The company has a market capitalization of $24.08 billion, a P/E ratio of 29.92, a PEG ratio of 3.05 and a beta of 0.63. The company has a fifty day moving average of $187.20 and a 200-day moving average of $187.22.

Check Point Software Technologies (NASDAQ:CHKPGet Free Report) last announced its earnings results 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 analysts’ expectations of $634.96 million. Check Point Software Technologies had a return on equity of 31.84% and a net margin of 33.17%. The firm’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.80 earnings per share. Research analysts predict that Check Point Software Technologies will post 7.87 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have commented on CHKP. Needham & Company LLC reiterated a “hold” rating on shares of Check Point Software Technologies in a research report on Wednesday, October 30th. Barclays boosted their target price on shares of Check Point Software Technologies from $200.00 to $230.00 and gave the stock an “equal weight” rating in a report on Thursday. Robert W. Baird reduced their target price on shares of Check Point Software Technologies from $210.00 to $205.00 and set a “neutral” rating for the company in a report on Wednesday, October 30th. Stifel Nicolaus upped their price target on Check Point Software Technologies from $182.00 to $190.00 and gave the company a “hold” rating in a report on Wednesday, December 18th. Finally, Truist Financial increased their price objective on Check Point Software Technologies from $200.00 to $220.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Seventeen equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Check Point Software Technologies currently has a consensus rating of “Hold” and an average price target of $206.60.

Read Our Latest Stock Analysis on CHKP

About Check Point Software Technologies

(Get Free Report)

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.

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