Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. 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.
Wall Street Analyst Weigh In
Several analysts recently commented on CHKP shares. Robert W. Baird lowered their target price on Check Point Software Technologies from $210.00 to $205.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 30th. Barclays raised their price objective 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. Wedbush increased their price target on Check Point Software Technologies from $200.00 to $230.00 and gave the company an “outperform” rating in a research note on Wednesday, October 9th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 price target on shares of Check Point Software Technologies in a research report on Monday, January 27th. Finally, BMO Capital Markets raised their target price on shares of Check Point Software Technologies from $200.00 to $238.00 and gave the stock a “market perform” rating in a report on Friday, October 25th. Nineteen investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Check Point Software Technologies currently has an average rating of “Hold” and an average price target of $215.27.
View Our Latest Report on Check Point Software Technologies
Check Point Software Technologies Stock Down 0.4 %
Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last issued its earnings results on Tuesday, October 29th. The technology company reported $2.25 EPS for the quarter, hitting the consensus estimate of $2.25. Check Point Software Technologies had a return on equity of 31.84% and a net margin of 33.17%. The firm had revenue of $635.10 million during the quarter, compared to the consensus estimate of $634.96 million. During the same quarter in the previous year, the firm earned $1.80 earnings per share. The business’s quarterly revenue was up 6.5% on a year-over-year basis. Sell-side analysts anticipate that Check Point Software Technologies will post 7.87 EPS 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.
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