CHKP Stock Recent News

Check Point Software reported strong growth at the end of fiscal year 2023, overcoming challenges experienced in early FY23 and ending with resilience. The company's Infinity platform, with its copilot feature, is expected to drive further growth and ride the AI software wave. Management remains optimistic about growth in 2024, with a focus on customer adoption of Infinity and a shift towards subscription-based sales.

CHKP has strong track record of consistent financial performance, with steady mid single-digit growth and over 35-40% net margin for over a decade. New product suite to benefit from AI-driven cybersecurity trends, potentially enabling double-digit growth. I rate CHKP a buy. Given the ongoing macro situation challenging the performance of many growth software stocks, CHKP presents a "flight-to-quality" opportunity, in my opinion.

Check Point's (CHKP) fourth-quarter 2023 results reflect the benefits of the increased adoption of the company's Infinity platform and strong demand for Harmony products.

Check Point Software Technologies Ltd. (CHKP) Q4 2023 Earnings Call Transcript

Gil Shwed, Check Point Software CEO, joins 'Money Movers' to discuss why Shwed has decided to step down as chief executive, what qualities he is looking for in his successor, and more.

The headline numbers for Check Point (CHKP) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Check Point Software (CHKP) came out with quarterly earnings of $2.57 per share, beating the Zacks Consensus Estimate of $2.46 per share. This compares to earnings of $2.45 per share a year ago.

Check Point Software Technologies on Tuesday beat fourth-quarter profit expectations and announced CEO Gil Shwed plans transition into the role of executive chairman.

Besides Wall Street's top -and-bottom-line estimates for Check Point (CHKP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Check Point (CHKP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.