Check Point Software Technologies (NASDAQ:CHKP) Price Target Cut to $130.00 by Analysts at Wells Fargo & Company

01 Aug 2026, 11:22 by Danessa Lincoln · The Markets Daily

Check Point Software Technologies (NASDAQ:CHKP – Free Report) had its price objective cut by Wells Fargo & Company from $140.00 to $130.00 in a research note published on Friday morning,Benzinga reports. They currently have an equal weight rating on the technology company’s stock.

CHKP has been the topic of several other research reports. Citigroup lowered their price objective on shares of Check Point Software Technologies from $190.00 to $125.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Susquehanna raised their price target on shares of Check Point Software Technologies from $140.00 to $150.00 and gave the stock a “positive” rating in a research note on Friday. TD Cowen reaffirmed a “buy” rating on shares of Check Point Software Technologies in a report on Thursday. The Goldman Sachs Group set a $168.00 price objective on Check Point Software Technologies in a research note on Friday, May 1st. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Check Point Software Technologies in a research report on Friday, July 24th. Nine investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $149.48.

Read Our Latest Stock Report on CHKP

Check Point Software Technologies Stock Down 0.9%

Shares of NASDAQ:CHKP opened at $127.13 on Friday. Check Point Software Technologies has a 1 year low of $112.23 and a 1 year high of $210.66. The company has a market capitalization of $12.98 billion, a PE ratio of 13.01, a price-to-earnings-growth ratio of 3.79 and a beta of 0.49. The business has a fifty day moving average price of $131.11 and a two-hundred day moving average price of $145.23. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.85 and a quick ratio of 1.85.

Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last released its earnings results on Thursday, July 30th. The technology company reported $2.55 EPS for the quarter, topping analysts’ consensus estimates of $2.45 by $0.10. The company had revenue of $673.60 million for the quarter, compared to analysts’ expectations of $675.45 million. Check Point Software Technologies had a return on equity of 38.17% and a net margin of 37.93%.The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period in the previous year, the business posted $2.37 EPS. Check Point Software Technologies has set its Q3 2026 guidance at 2.430-2.530 EPS and its FY 2026 guidance at 10.050-10.850 EPS. Analysts forecast that Check Point Software Technologies will post 8.44 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Yoav Chelouche sold 25,000 shares of Check Point Software Technologies stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $140.28, for a total value of $3,507,000.00. Following the completion of the transaction, the director directly owned 4,008 shares in the company, valued at approximately $562,242.24. The trade was a 86.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 29.00% of the company’s stock.

Institutional Investors Weigh In On Check Point Software Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of CHKP. Measured Wealth Private Client Group LLC purchased a new stake in shares of Check Point Software Technologies during the third quarter worth $27,000. Abound Financial LLC purchased a new position in shares of Check Point Software Technologies in the fourth quarter valued at $27,000. MV Capital Management Inc. purchased a new position in shares of Check Point Software Technologies in the fourth quarter valued at $28,000. Ossiam raised its stake in shares of Check Point Software Technologies by 139.1% during the 3rd quarter. Ossiam now owns 165 shares of the technology company’s stock valued at $34,000 after purchasing an additional 96 shares during the period. Finally, Sunbelt Securities Inc. purchased a new stake in Check Point Software Technologies during the 3rd quarter worth about $38,000. Institutional investors own 98.51% of the company’s stock.

Key Stories Impacting Check Point Software Technologies

Here are the key news stories impacting Check Point Software Technologies this week:

Positive Sentiment: Check Point reported second-quarter adjusted earnings of $2.55 per share, exceeding the $2.45 consensus estimate and rising from $2.37 a year earlier. Revenue increased 1.3% year over year to $673.6 million, while subscription revenue and demand for AI-security products supported growth. Check Point Software Q2 Earnings Surpass Estimates
Positive Sentiment: Susquehanna raised its price target from $140 to $150 and assigned a “positive” rating, implying substantial upside from recent levels. Susquehanna Check Point Analyst Action
Positive Sentiment: The company launched an AI Network Firewall designed to give organizations visibility and control over AI use across employees, applications and AI agents. The product could strengthen Check Point’s competitive position as cybersecurity demand increasingly shifts toward AI protection. Check Point Launches AI Network Firewall
Neutral Sentiment: Full-year 2026 guidance calls for adjusted EPS of $10.05-$10.85 and revenue of $2.8-$2.9 billion, broadly in line with current Wall Street expectations and offering limited near-term upside to estimates. Check Point Reports Second-Quarter Results
Negative Sentiment: Third-quarter revenue guidance of $655 million-$685 million fell below the $696.5 million consensus estimate, raising concerns about near-term growth. Product sales and cash flow also faced pressure despite the earnings beat.
Negative Sentiment: Analyst views remain mixed: Wells Fargo cut its target from $140 to $130 and maintained an “equal weight” rating, suggesting limited upside and reinforcing caution around Check Point’s modest revenue growth. Wells Fargo Lowers Check Point Price Target

About Check Point Software Technologies

(Get Free Report)

Check Point Software Technologies Ltd. is an Israeli-founded cybersecurity company that develops, markets and supports a broad portfolio of network, cloud and endpoint security products. Founded in 1993, the company was an early pioneer of stateful inspection firewall technology and later developed a modular “software blade” approach that allowed customers to combine protection capabilities. Check Point’s product set spans physical and virtual security appliances, software and cloud-native services designed to prevent cyberattacks, protect data and simplify security management for enterprises and service providers.