Check Point Software Technologies Ltd. - Ordinary Shares (CHKP)
222.69
+1.47 (0.66%)
Check Point Software is a leading provider of cybersecurity solutions that help organizations protect their networks, cloud environments, and mobile devices from a wide range of cyber threats
The company specializes in advanced threat prevention technologies that secure data and applications through a unified approach combining data security, network security, and endpoint protection. With a focus on innovation and comprehensive security architecture, Check Point aims to deliver robust, scalable solutions to safeguard enterprises against the evolving landscape of cyber risks, ensuring compliance and operational resilience.
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The top 10 best performing large-cap stocks in the last week were Atlassian, Royal Caribbean, IBM, GitLab, Check Point, RBC Bearings, Alibaba, Duolingo, Franklin Resources, and Cloudflare.
Among the operational metrics, calculated billings rose 11% year-over-year to $959 million, and remaining performance obligations climbed 12% to $2.5 billion.
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At least a dozen Wall Street analysts hiked their price targets on Fortinet stock in the wake of the cybersecurity firm's investor day, where it provided new financial targets.
BofA Securities downgraded Check Point Software Technologies (CHKP) to Neutral and lowered price target from $205 to $195 due to modest growth trajectory and stretched valuation.
Could Check Point be undervalued today? Here's how the cybersecurity expert hit every third-quarter target and still suffered a share price correction.
