CHKP Stock Recent News

Here is how Check Point Software (CHKP) and Ericsson (ERIC) have performed compared to their sector so far this year.

Check Point (CHKP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Check Point Software Technologies Ltd. is set to report Q1 '25 earnings on April 23, with analysts expecting $2.19 adjusted EPS and $636.27m in sales. Despite historical performance, I expect the company to beat estimates but don't foresee a significant share price swing unless outlook guidance changes. Key concerns include potential downward revisions in outlook due to economic uncertainty and tariff impacts on customer spending and infrastructure upgrades.

Three cybersecurity stocks have long-term potentials. These are: FTNT, OKTA, CHKP.

Jefferies says the firm's cyber industry reseller survey indicates a slowdown in demand in Q1 versus Q4. Pipeline optimism for the next three months was the lowest ever in the survey's history, reflective of the macro uncertainty, especially before the 90-day tariff pause, the analyst tells investors in a research note. Jefferies points out that network security showed the strongest sector performance in the survey. Check Point (CHKP) saw the best-improved momentum quarter-over-quarter while Varonis (VRNS) showed the greatest decline in momentum, the firm adds. According to the analyst, network security vendors Palo Alto Networks (PANW), Zscaler (ZS), Check Point and Fortinet (FTNT) showed the strongest sector performance. CrowdStrike (CRWD) showed a downtick in performance quarter-over-quarter relative to plan, and respondents continue to see the outage incident impacting business, while Varonis saw the most notable decline, coming in at 0.8% below plan versus 2.6% above plan in the Q

Berkshire Hathaway led Q1 with a 17.5% return, driven by strong operating earnings and potential for significant acquisitions with over $300 billion in cash. Vertex Pharmaceuticals gained 20.4%, fueled by its CF franchise and new therapies, Alyftrek and Journavx, with potential blockbuster status for the latter. Alphabet Inc. was the biggest laggard at -18.3%, impacted by increased capital expenditures and a $32 billion acquisition, despite strong operating profits and cash reserves.

CHKP shares rise on soaring demand for Quantum Force appliances and the Infinity platform, showing strong momentum in advanced threat prevention.

Check Point has been acknowledged by Miercom as the top AI-driven cyber security platform, excelling in in key common security implementations used daily.

Check Point (CHKP) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Here is how Check Point Software (CHKP) and Cirrus Logic (CRUS) have performed compared to their sector so far this year.