옵션 체인은 다양한 행사가격과 만기일에 대한 Check Point Software의 주식 옵션 주요 데이터를 보여줍니다. 트레이더들은 이 정보를 사용하여 잠재적 거래를 분석하고 Check Point Software에 대한 시장 심리를 평가합니다..

Check Point Software (NASDAQ:CHKP) 주식, 옵션 체인

Check Point Software

Check Point Software Technologies is a pure-play cybersecurity vendor. The company offers solutions for network, endpoint, cloud, and mobile security in addition to security management. Check Point, a software specialist, sells to enterprises, businesses, and consumers. Around 50% of revenue is generated in Europe, the Middle East, and Africa, 40% from the Americas, and 10% from the Asia-Pacific region. The firm, based in Tel Aviv, Israel, was founded in 1993 and has about 5,000 employees.

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이들 10개 대형주는 지난주 최악의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 1. 슈퍼 마이크로 컴퓨터(NASDAQ:SMCI)의 주식은 독립 감사인인 언스터 &amp; 영(Ernst &amp; Young)의 사임 소식이 전해진 후 44.89% 하락했다. 아거스 리서치(Argus Research)는 매수에서 보유로 등급을 하향 조정했다.

슈퍼 마이크로 및 에스티 로더는 지난주 최악의 성과를 보인 10개 대형주 중 일부 (10월 28일-11월 1일)

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S&amp;P 500 기업들 중 약 14%가 6월 분기 실적을 발표했으며, 더 넓은 지수를 구성하는 기업들의 혼합 실적 성장률은 여전히 ​​양호하다. 이번 주에는 기술 보고 시즌이 공식적으로 시작될 것이며, 이는 최근 주에 가파른 하락세를 보인 시장의 향방을 잠재적으로 결정할 수 있다.

테슬라, 알파벳, GM 및 포드가 이번 주 실적 발표 주도하며 상승세 유지 위해 고군분투

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인공지능이 제공한 추진력에 힘입어 기술 부문이 상반기 증시 상승의 원동력이었다. 조정에 대한 우려가 커지고 있음에도 불구하고 금요일 한 낙관적 분석가는 이 상승 방해받지 않고 진행될 것이라고 제안했다.

인공지능 기반 랠리 이후 2024년 하반기 기술주 강세 속 최고의 주식은?

Check Point Software Technologies Ltd. - Ordinary Shares

Check Point Software Technologies Ltd

CHECK POINT SOFTWARE TECHNOLOGIS ORD

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<li>Check Point Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) dipped 17.70% last week after reporting worse-than-expected sales results, and analysts <a href="https://www.benzinga.com//node/41637268" target="_blank" rel="noreferrer noopener">revised the price forecast and rating</a>.</li>
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Photo via Shutterstock

Super Micro Computer, Li Auto And Estee Lauder Are Among Top 10 Large Cap Losers Last Week (Oct 28-Nov 1): Are The Others In Your Portfolio?

B of A Securities analyst Tal Liani downgraded Check Point Software Technologies Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) <a target="_blank" href="https://www.benzinga.com/quote/CHKP/analyst-ratings" rel="noreferrer noopener">from Buy to Neutral</a> and lowered the price target from&nbsp;$205&nbsp;to&nbsp;$195.
On Tuesday, Check Point reported <a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41598267/check-point-q3-earnings-security-subscriptions-revenue-soars-11-5-but-margins-slip-as-expenses-rise" rel="noreferrer noopener">fiscal third-quarter</a> revenue growth of 7% to $635.10 million, almost inline with the&nbsp;analyst consensus estimate of $635.14 million.&nbsp;Adjusted operating margin declined to 43% from 45% the prior year.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41625704/adp-raises-the-bar-after-q1-earnings" rel="noreferrer noopener">ADP Raises The Bar After Q1 Earnings Surprise</a>
Given the company&#8217;s modest growth trajectory, the valuation seems stretched, as per Liani.
The analyst expected a recovery in billings next quarter despite the quarter&#8217;s weak billings growth of 5.8% year-over-year, which fell short of the Street&#8217;s 8.2% expectation.
However, his main concern is the overall low growth trajectory despite new products, portfolio additions, and ongoing go-to-market challenges.
The market seeks visibility toward double-digit growth, but Liani&#8217;s analysis indicates this is likely for 2025 with a substantial surge in appliance revenue.
The analyst noted limited further upside, with the stock up 37% over the last 12 months and trading at 15 times forward EV/FCF with mid-single-digit growth.
He adjusted our estimates and lowered his price target, now based on 16 times the 2026E EV/FCF multiple, down from 18 times for 2025.
Infinity now contributes 15% of total revenue, supporting some long-term growth resilience, Liani said.
Management noted weakness in Europe but expected billings recovery in the fourth quarter, projecting 7.1% growth. Despite substantial investment in product updates, such as the Harmony, Infinity, and Quantum lines, and go-to-market efforts, overall growth remains limited to mid-single digits, the analyst flagged.
This modest trajectory constrains stock upside until the outlook improves, as per Liani.
Checkpoint&#8217;s revenue splits into product, subscription, and maintenance. In 2025, the analyst expects maintenance revenue to accelerate from ~2% to 3.5% year-over-year, thanks to Infinity-related professional services.
Subscription revenue slowed to 11.5% year-over-year in the third quarter, under the Street&#8217;s 13.0%, while product revenue rebounded 4.1% after last year&#8217;s declines.
To achieve 10% total revenue growth in 2025, product revenue would need to jump from 4% to 20%, which appears infeasible in the current competitive landscape, as per Liani. He instead modeled 1.6% product growth and 5.6% total revenue growth for 2025.
Price Action: CHKP stock closed down by 2.24% to $173.89 on Wednesday.
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Downgrades

Price Target

Check Point's Slowing Growth Despite New Products Prompts Analyst Downgrade

RBC Capital analyst Matthew Hedberg reiterates Check Point Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) with a Sector Perform and maintains $187 price target.

Reiteration

RBC Capital Reiterates Sector Perform on Check Point Software, Maintains $187 Price Target

Evercore ISI Group analyst Peter Levine maintains Check Point Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) with a In-Line and raises the price target from $180 to $185.

Evercore ISI Group Maintains In-Line on Check Point Software, Raises Price Target to $185

BMO Capital analyst Keith Bachman reiterates Check Point Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) with a Market Perform and lowers the price target from $238 to $215.

BMO Capital Reiterates Market Perform on Check Point Software, Lowers Price Target to $215

B of A Securities analyst Tal Liani downgrades Check Point Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) from Buy to Neutral and lowers the price target from $205 to $195.

B of A Securities Downgrades Check Point Software to Neutral, Lowers Price Target to $195

Needham analyst Matt Dezort reiterates Check Point Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) with a Hold.

Needham Reiterates Hold on Check Point Software

Baird analyst Shrenik Kothari maintains Check Point Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) with a Neutral and lowers the price target from $210 to $205.

Baird Maintains Neutral on Check Point Software, Lowers Price Target to $205

High-rolling investors have positioned themselves bearish on Check Point Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in CHKP often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 8 options trades for Check Point Software. This is not a typical pattern.
The sentiment among these major traders is split, with 0% bullish and 62% bearish. Among all the options we identified, there was one put, amounting to $43,736, and 7 calls, totaling $671,700.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $135.0 and $250.0 for Check Point Software, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Check Point Software's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Check Point Software's significant trades, within a strike price range of $135.0 to $250.0, over the past month.
<h3>Check Point Software 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730221228_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CHKP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$30.4</td>
<td>$29.2</td>
<td>$29.2</td>
<td>$150.00</td>
<td>$195.6K</td>
<td>312</td>
<td>67</td>
</tr>
<tr>
<td>CHKP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$30.1</td>
<td>$28.4</td>
<td>$29.0</td>
<td>$150.00</td>
<td>$145.0K</td>
<td>312</td>
<td>117</td>
</tr>
<tr>
<td>CHKP</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$10.7</td>
<td>$9.5</td>
<td>$10.2</td>
<td>$170.00</td>
<td>$101.9K</td>
<td>226</td>
<td>103</td>
</tr>
<tr>
<td>CHKP</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$46.9</td>
<td>$42.9</td>
<td>$45.0</td>
<td>$135.00</td>
<td>$72.0K</td>
<td>27</td>
<td>16</td>
</tr>
<tr>
<td>CHKP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$0.75</td>
<td>$0.55</td>
<td>$0.55</td>
<td>$250.00</td>
<td>$66.0K</td>
<td>3.0K</td>
<td>1.2K</td>
</tr>
</tbody>
</table>

<h3>About Check Point Software</h3>
Check Point Software Technologies is a pure-play cybersecurity vendor. The company offers solutions for network, endpoint, cloud, and mobile security in addition to security management. Check Point, a software specialist, sells to enterprises, businesses, and consumers. Around 50% of revenue is generated in Europe, the Middle East, and Africa, 40% from the Americas, and 10% from the Asia-Pacific region. The firm, based in Tel Aviv, Israel, was founded in 1993 and has about 5,000 employees.
Having examined the options trading patterns of Check Point Software, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is Check Point Software Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 1,838,673, the CHKP's price is down by -12.53%, now at $181.9. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 0 days.</li>
</ul>
<h3>Expert Opinions on Check Point Software</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $221.6.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Neutral rating for Check Point Software, targeting a price of $210. 
&#x2A; Maintaining their stance, an analyst from Baird continues to hold a Neutral rating for Check Point Software, targeting a price of $210. 
&#x2A; Consistent in their evaluation, an analyst from BMO Capital keeps a Market Perform rating on Check Point Software with a target price of $238. 
&#x2A; An analyst from Truist Securities has decided to maintain their Buy rating on Check Point Software, which currently sits at a price target of $220. 
&#x2A; An analyst from Wedbush persists with their Outperform rating on Check Point Software, maintaining a target price of $230. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Check Point Software options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Looking At Check Point Software's Recent Unusual Options Activity

U.S. stock futures were mixed this morning, with the Dow futures falling around 50 points on Tuesday.
Shares of TransMedics Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMDX#NASDAQ">TMDX</a>) fell in today's pre-market trading following <a href="https://www.benzinga.com/news/earnings/24/10/41588309/transmedics-group-stock-sinks-on-q3-earnings-the-details">downbeat quarterly results</a>.
TransMedics reported quarterly earnings of 12 cents per share which missed the analyst consensus estimate of 30 cents per share. The company reported quarterly sales of $108.76 million which missed the analyst consensus estimate of $115.00 million.
TransMedics Group shares dipped 25.8% to $93.69 in pre-market trading.
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<li>CVR Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVI#NYSE">CVI</a>) shares dipped 25.8% to $17.68 in pre-market trading after the company reported weak quarterly results and said it will not pay cash dividend for the third quarter.</li>
<li>Xerox Holdings Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRX#NASDAQ">XRX</a>) shares fell 16.4% to $8.59 in pre-market trading after the company reported worse-than-expected third-quarter financial results and cut annual outlook.</li>
<li>Harmonic Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HLIT#NASDAQ">HLIT</a>) shares fell 15.8% to $12.48 in pre-market trading after reporting third-quarter results</li>
<li>Amkor Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMKR#NASDAQ">AMKR</a>) shares declined 11% to $26.27 after the company reported mixed third-quarter financial results.</li>
<li>Janus International Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBI#NYSE">JBI</a>) fell 10.3% to $9.25 in pre-market trading after the company posted downbeat third-quarter results and lowered its sales forecast.</li>
<li>Crocs, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CROX#NASDAQ">CROX</a>) shares fell 10.3% to $123.80 in pre-market trading following third-quarter results.</li>
<li>Daqo New Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DQ#NYSE">DQ</a>) dipped 10.1% to $26.20 in pre-market trading after gaining 14% on Monday.</li>
<li>D.R. Horton, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>) shares fell 8% to $165.87 in pre-market trading after the company reported worse-than-expected fourth-quarter EPS and sales.</li>
<li>Check Point Software Technologies Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) fell 6% to $195.40 in pre-market trading following weak quarterly sales.</li>
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Pre-Market Outlook

AMKR

CROX

HLIT

TMDX

TransMedics Group Posts Weak Results, Joins Harmonic, Crocs, D.R. Horton And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Check Point Software Technologies Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>)&nbsp;reported fiscal third-quarter revenue growth of 7% year-on-year to $635.10 million, marginally missing the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/g41593783/check-point-software-reports-2024-third-quarter-financial-results" rel="noreferrer noopener">analyst consensus estimate of $635.14 million</a>.&nbsp;
The American-Israeli enterprise security solution&nbsp;provider&#8217;s&nbsp;adjusted EPS of $2.25 was in line with the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus estimate</a>.
Revenue from&nbsp;Products&nbsp;and licenses grew by 4.1% to $118.9 million,&nbsp;Security&nbsp;subscriptions increased 11.5% year over year to $276.9 million, and&nbsp;Software&nbsp;updates and maintenance rose 2.4% year over year to $239.3 million.
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Margin: Adjusted operating margin declined to 43% from 45% the prior year.&nbsp;The operating margin declined to 34% from 38% a year ago as operating expenses surged by 12.5% Y/Y.
The company generated $248.9 million in operating cash flow, compared to $222.3 million a year ago, and held $2.87 billion in cash and equivalents as of September-end.
&#8220;Check Point delivered great third quarter financial results that were bolstered by double-digit Infinity Platform growth. This success is underscored by double-digit revenue growth in Harmony Email and Infinity Global Services,&#8221; said Gil Shwed, Check Point founder and CEO. &#8220;We expanded our offerings into the Security Operation Center (SOC) market with the Cyberint acquisition that delivers proactive, AI powered threat intelligence and exposure management.&#8221;
Check Point Software Technologies stock gained 37% year-to-date.
Price Action: CHKP shares traded lower by 7.69% at $191.96 premarket at the last check Tuesday.
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</ul>

Earnings

Check Point Q3 Earnings: Security Subscriptions Revenue Soars 11.5%, But Margins Slip As Expenses Rise

WIIM

Check Point Software Technologies shares are trading lower after the company reported worse-than-expected Q3 sales results.

Earnings Misses

Check Point Software Q3 2024 Adj. EPS $2.25, Inline, Sales $635.100M Miss $635.141M Estimate

JP Morgan analyst Brian Essex maintains Check Point Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) with a Neutral and raises the price target from $180 to $210.

JP Morgan Maintains Neutral on Check Point Software, Raises Price Target to $210

BMO Capital analyst Keith Bachman maintains Check Point Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) with a Market Perform and raises the price target from $200 to $238.

BMO Capital Maintains Market Perform on Check Point Software, Raises Price Target to $238

Truist Securities analyst Joel Fishbein maintains Check Point Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) with a Buy and raises the price target from $200 to $220.

Truist Securities Maintains Buy on Check Point Software, Raises Price Target to $220

The U.S. Securities and Exchange Commission (SEC) charged four major companies — Unisys Corp.(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UIS#NYSE">UIS</a>), Avaya Holdings Corp., Check Point Software Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) and Mimecast — with making materially misleading public disclosures related to <a href="https://www.benzinga.com/topic/cybersecurity">cybersecurity risks and breaches</a>.
SEC argued these four companies downplayed the seriousness of the SolarWinds Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SWI#NYSE">SWI</a>) Orion software supply chain attack in their filings, potentially misleading investors about the true impact of the breaches.
"As today's enforcement actions reflect, while public companies may become targets of cyberattacks, it is incumbent upon them to not further victimize their shareholders or other members of the investing public by providing misleading disclosures about the cybersecurity incidents they have encountered,"<a href="https://www.sec.gov/newsroom/press-releases/2024-174"> said</a> Sanjay Wadhwa, acting director of the SEC's Division of Enforcement.
Unisys, a major IT services provider, was hit with an additional charge for failing to implement proper disclosure controls and procedures. The company will pay a $4 million civil penalty, the highest among the four.
The SEC found that Unisys described cybersecurity risks as hypothetical in its public disclosures despite knowing that two SolarWinds-related breaches occurred, resulting in the exfiltration of gigabytes of data. According to the SEC, Unisys&#8217; disclosures were "materially misleading" partly due to its deficient internal controls.
Other fines include $1 million for Avaya, $995,000 for Check Point and $990,000 for Mimecast.
Avaya, a telecommunications firm, claimed the SolarWinds hackers accessed only a "limited number of email messages," while SEC findings revealed the cybercriminals accessed at least 145 files in Avaya's cloud file-sharing environment.
Check Point, an Israeli cybersecurity firm, allegedly minimized the breach by using vague descriptions of the cyber intrusions and their potential risks.
Mimecast, which specializes in cloud email and data security, was found to have underreported the extent of the attack by failing to disclose the type of code exfiltrated and the number of encrypted credentials compromised.
The SolarWinds hack was a major cyberattack in 2020, during which Russian state-sponsored hackers inserted malicious code into SolarWinds' Orion software. This &#8220;Sunburst&#8221; malicious code provided attackers with remote access to the systems of thousands of organizations, including private-sector firms such as Microsoft and FireEye and major U.S. government departments such as Homeland Security and Treasury.
Although the companies have not admitted to or denied the SEC&#8217;s findings, they have agreed to pay the fines and take corrective measures to strengthen their cybersecurity practices.
The SEC filed a lawsuit in October 2023, but this July U.S. District Judge Paul Engelmayer dismissed most of the accusations against SolarWinds, ruling that claims of defrauding investors were speculative.
Read Next:<a href="https://www.benzinga.com/news/large-cap/24/10/41465485/openai-appoints-former-uber-exec-as-compliance-officer-to-oversee-regulatory-issues"> </a> • <a href="https://www.benzinga.com/news/large-cap/24/10/41465485/openai-appoints-former-uber-exec-as-compliance-officer-to-oversee-regulatory-issues">OpenAI Appoints Former Uber Exec As Compliance Officer To Oversee Regulatory Issues</a>

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SEC Charges Four Companies Over SolarWinds Hacks, Issues Millions In Penalties

<a href="https://www.sec.gov/newsroom/press-releases/2024-174#:~:text=The%20Securities%20and%20Exchange%20Commission,regarding%20cybersecurity%20risks%20and%20intrusions" title="https://www.sec.gov/newsroom/press-releases/2024-174#:~:text=The%20Securities%20and%20Exchange%20Commission,regarding%20cybersecurity%20risks%20and%20intrusions">https://www.sec.gov/newsroom/press-releases/2024-174#:~:text=The%20Securities%20and%20Exchange%20Commission,regarding%20cybersecurity%20risks%20and%20intrusions</a>.

SEC Charges Unisys, Avaya, Check Point, And Mimecast For Misleading Cybersecurity Disclosures; Unisys Faces Additional Controls Violations Charge; Companies To Pay Civil Penalties Of $4M, $1M, $995K, And $990K Respectively

Baird analyst Shrenik Kothari maintains Check Point Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) with a Neutral and raises the price target from $200 to $210.

Baird Maintains Neutral on Check Point Software, Raises Price Target to $210

Mizuho analyst Gregg Moskowitz maintains Check Point Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) with a Neutral and raises the price target from $178 to $205.

Mizuho Maintains Neutral on Check Point Software, Raises Price Target to $205

Truist Financial analyst Joel Fishbein reiterated a Buy rating on Check Point (CHKP – Research Report) today. The company's shares closed yesterday...

Check Point (CHKP) Gets a Buy from Truist Financial

Check Point cut to Neutral at BofA on slower growth trajectory

BMO Capital lowered the firm's price target on Check Point (CHKP) to $215 from $238 and keeps a Market Perform rating on the shares. The company's ...

Check Point price target lowered to $215 from $238 at BMO Capital

Check Point Software: Free Cash Flow Bubble

Check Point Software: Miss In Billings Growth Is Not A Big Concern

Check Point (CHKP) has released an update. Check Point Software Technologies Ltd. announced that its shareholders have approved all proposals prese...

Check Point Gains Shareholder Approval for Board Changes

The recent rise in data breaches emphasizes the demand for strong protection, presenting an opportune moment for investors to explore fundamentally solid cybersecurity stocks like Check Point Software Technologies (CHKP), Trend Micro (TMICY), and Radware (RDWR). Read on for more details... As digital threats rise, cybersecurity is becoming more essential than ever. In this dynamic environment, investors might find it prudent to monitor quality cybersecurity stocks like Check Point Software Technologies Ltd. (<a href="https://stocknews.com/stock/CHKP/">CHKP</a>), Trend Micro Incorporated (<a href="https://stocknews.com/stock/TMICY/">TMICY</a>), and Radware Ltd. (<a href="https://stocknews.com/stock/RDWR/">RDWR</a>). 
Cybersecurity is vital for both businesses and national security, as securing cloud infrastructure and IT systems is essential for daily operations and defense against cyber threats. According to Statista, the global cybersecurity market is expected to reach $185.70 billion, exhibiting a <a href="https://www.statista.com/outlook/tmo/cybersecurity/worldwide">CAGR of 7.9%</a>.
The recent <a href="https://edition.cnn.com/2024/07/24/tech/crowdstrike-outage-cost-cause/index.html">software malfunction</a> at CrowdStrike Holdings, Inc. (<a href="https://stocknews.com/stock/CRWD/">CRWD</a>) caused a widespread tech outage, leaving millions of Windows users locked out of their devices. This incident underscores the growing demand for more sophisticated cybersecurity measures. The increasing threat of cybercrime has made governments and organizations invest billions in beefing up digital security.
As a result, the Biden-Harris administration has <a href="https://federalnewsnetwork.com/budget/2024/03/biden-budget-request-includes-13b-for-cybersecurity-continuing-upward-trend/?readmore=1">proposed $13 billion in cybersecurity funding</a> across civilian departments and agencies. The fiscal 2025 proposal also directs $3 billion to the Cybersecurity and Infrastructure Security Agency (CISA), reflecting a $103 million increase over its current budget.
With that in mind, let's analyze the fundamentals of the above-mentioned three <a href="https://stocknews.com/category/software-security/">Software – Security</a> stocks, beginning with #3.
Stock #3: Check Point Software Technologies Ltd. (<a href="https://stocknews.com/stock/CHKP/">CHKP</a>) 
Headquartered in Tel Aviv, Israel, CHKP develops, markets, and supports a range of products and services for IT security globally. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoint information, and IOT solutions.
On October 1, CHKP announced the completion of its acquisition of Cyberint Technologies Ltd., a highly innovative provider of external risk management solutions. This acquisition is likely to boost the company's competitive edge and improve stock performance.
On September 2, CHKP announced the release of its innovative Portal designed for managed security service providers (MSSPs) and distributors. The newly unveiled platform significantly simplifies service delivery and increases the ease of doing business with the company.
In the fiscal second quarter that ended June 30, 2024, CHKP's total revenues stood at $627.40 million, up 6.6% year-over-year. The company's non-GAAP net income and earnings per share increased 3.2% and 8.5% over the prior-year quarter to $246 million and $2.17, respectively.
Analysts expect Check Point's EPS and revenue for the quarter ended September 30, 2024, to increase 8.8% and 6.5% year-over-year to $2.25 and $635.12 million, respectively. The company has an excellent earnings surprise history; it surpassed the consensus EPS estimates in each of the trailing four quarters.
CHKP shares have surged 52.5% and 34.4% year-to-date over the past year to close the last trading session at $205.28.
CHKP's <a href="https://stocknews.com/powr-ratings/">POWR Rating</a>s reflects its robust outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
CHKP has an A grade in Quality and is ranked #5 out of 22 stocks in the <a href="https://stocknews.com/category/software-security/">Software Security</a> industry.
<a href="https://stocknews.com/stock/CHKP/">Click here</a> to access additional CHKP ratings for Stability, Growth, Sentiment, Value, and Momentum.
Stock #2: Trend Micro Incorporated (<a href="https://stocknews.com/stock/TMICY/">TMICY</a>) 
Based in Tokyo, Japan, TMICY specializes in development and sale of computer security products and services. The company's product offering includes personal computer (PC) clients, local area network (LAN) servers, Internet servers, and more.
On August 7, the company launched a new solution, which was included in TMICY's Vision One&#x2122; Sovereign Private Cloud — powered by NVIDIA Corporation (<a href="https://stocknews.com/stock/NVDA/">NVDA</a>) NIM microservices, part of the NVDA AI Enterprise software platform. This would allow organizations to boost the potential of the AI era while maintaining business resilience.
On August 6, TMICY announced its partnership with GMI Cloud, a leading AI-native GPU cloud provider known for its vertically integrated platform optimized for Artificial Intelligence (AI) and Machine Learning (ML) workloads.
TMICY's <a href="https://www.investopedia.com/terms/n/netsales.asp">net sales</a> for the six months that ended June 30, 2024, stood at ¥134.53 billion ($913.56 million), up 12.5% over the prior-year quarter. Its operating income increased 34.4% year-over-year to ¥24.44 billion ($165.93 million). In addition, net income attributable to owners of the parent rose 50.9% from the prior year quarter to ¥17.90 billion ($121.52 million).
Analysts expect TMICY's revenue for the fiscal third quarter (ending September 2024) to increase 9.9% year-over-year to $465.67 million. Its EPS for the same quarter is expected to register a robust growth of 907.1% from the previous year's period, settling at $0.50. Plus, the company has surpassed its consensus revenue estimates in three of four trailing quarters.
TMICY's stock has gained 44.8% over the past year and 17.9% over the past three months, closing the last trading session at $53.63.
It's no surprise that TMICY has an overall rating of A, equating to a Strong Buy in our POWR Ratings system.
The stock also has a B grade for Stability and Quality. It is ranked #2 out of 22 stocks in the same industry.
Beyond what is stated above, we've also rated TMICY for Growth, Value, Momentum, and Sentiment. Get all TMICY ratings <a href="https://stocknews.com/stock/TMICY/">here</a>.
Stock #1: Radware Ltd. (<a href="https://stocknews.com/stock/RDWR/">RDWR</a>) 
Headquartered in Tel Aviv, Israel, RDWR and its subsidiaries develop, manufacture, and market cybersecurity and application delivery solutions for cloud, on-premises, and software-defined data centers worldwide. The company operates in two segments: Radware's Core Business and The Hawks' Business.
On October 3, 2024, RDWR introduced a new Threat Intelligence Service that is aimed at enhancing threat detection for security operation teams.
During the fiscal second quarter that ended June 30, 2024, RDWR's revenues rose 2.5% year-over-year to $67.28 million. Its non-GAAP gross profit increased 2.4% year-over-year to $55.29 million. Its non-GAAP operating income grew 224.9% from the year-ago value to $6.28 million. In addition, the company's non-GAAP net income and EPS came in at $8.79 million and $0.20, up 94% and 100% over the prior-year quarter, respectively.
For the quarter ended June 30, 2024, RDWR's revenue is expected to increase 11% year-over-year to $68.36 million. Its EPS for the same quarter is expected to increase 183.2% year-over-year to $0.20. It surpassed the consensus EPS estimates in three of the trailing four quarters.
Over the past year, the stock has gained 45.9% to close the last trading session at $23.26.
RDWR's positive outlook is reflected in its POWR Ratings. The stock has an overall rating of A, equating to a Strong Buy in our proprietary rating system.
It has an A grade for Quality and a B for Growth and Sentiment. It is ranked #1 in the same industry.
To see RDWR's Value, Momentum, and Stability ratings, <a href="https://stocknews.com/stock/RDWR/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
CHKP shares were unchanged in premarket trading Tuesday. Year-to-date, CHKP has gained 34.35%, versus a 23.95% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/chkp-tmicy-rdwr-3-cybersecurity-stocks-to-buy-as-digital-threats-multiply/>3 Cybersecurity Stocks to Buy as Digital Threats Multiply</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Cybersecurity Stocks to Buy as Digital Threats Multiply

Palo Alto Networks Is Plowing Through Its Margin Expansion

As cyber threats intensify, investments from governments and organizations to bolster cybersecurity across all sectors have fueled the market's expansion. This growth opens doors for investors to consider fundamentally strong cybersecurity stocks, Check Point (CHKP), OneSpan (OSPN), and Radware (RDWR), which present opportunities to benefit from the industry's promising trajectory. Read more… As businesses are transitioning to cloud software and internet-based services and software for their day-to-day operations, the need for cybersecurity is now more than ever. With increasing cyber-attacks worldwide, government initiatives have been placed to counteract the losses, proving the unquestionable need to strengthen cybersecurity.
Amid this backdrop, investors could scoop up shares of fundamentally stable cybersecurity stocks, Check Point Software Technologies Ltd. (<a href="https://stocknews.com/stock/CHKP/">CHKP</a>), OneSpan Inc. (<a href="https://stocknews.com/stock/OSPN/">OSPN</a>), and Radware Ltd. (<a href="https://stocknews.com/stock/RDWR/">RDWR</a>) to secure their portfolio's future.
Data breaches, cyber-attacks, and ransomware incidents have been steadily increasing. With widespread internet connectivity, attackers have relentlessly inflicted millions of dollars in losses for organizations. Small businesses are a primary target, <a href="https://www.embroker.com/blog/cyber-attack-statistics/">with 41% of them</a> having faced a cyber threat, making cybersecurity essential for businesses of all sizes.
The United States has been especially impacted, experiencing 59% of all ransomware attacks worldwide. This makes the United States the region most affected by such attacks. The severity of the situation calls for robust cybersecurity measures to protect against these ongoing threats and safeguard national interests.
To combat this rise in cyber-attacks, the government has stepped in to mitigate the damage. For fiscal year 2025, the U.S. government has <a href="https://industrialcyber.co/critical-infrastructure/us-federal-budget-for-fy-2025-boosts-cybersecurity-investments-amid-escalating-threats/">proposed $13 billion</a> in funding across civilian departments and agencies, including a $3 billion allocation for the Cybersecurity and Infrastructure Security Agency (CISA), an increase of $103 million from last year.
The need for stronger cybersecurity is urgent. With investments pouring in from both organizations and the government, the cybersecurity market is thriving. A study by Fortune Business Insights projects that the global cybersecurity market will reach $562.72 billion by 2032, with <a href="https://www.fortunebusinessinsights.com/industry-reports/cyber-security-market-101165">a CAGR of 14.3%</a>.
Now let us dive deep into the fundamentals of three <a href="https://stocknews.com/category/software-security/">Software - Security</a> stocks, starting with #3.
Stock #3: Check Point Software Technologies Ltd. (<a href="https://stocknews.com/stock/CHKP/">CHKP</a>)
Headquartered in Tel Aviv, Israel, CHKP is involved in developing, marketing and supporting products and services for IT security globally. Its offerings include multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions.
On October 1, CHKP <a href="https://www.checkpoint.com/press-releases/check-point-software-completes-cyberint-acquisition/">announced the completion of acquisition</a> of Cyberint Technologies Ltd., a provider of external risk management solutions. With this acquisition, CHKP can benefit by expanding its threat prevention capabilities of the Infinity platform, enhancing the company's market reach, and enabling stable growth prospects.
On September 2, CHKP <a href="https://www.checkpoint.com/press-releases/check-point-software-unveils-new-mssp-portal-for-partners-vastly-simplifying-service-delivery-and-ease-of-doing-business/">announced the unveiling</a> of its innovative portal designed for both managed security service providers (MSSPs) and distributors. With an increasing MSSP market, this new platform can increase the ease of doing business with the company and enhance its revenue streams.
For the fiscal 2024 third quarter that ended on September 30, CHKP's total revenues increased 6.5% year-over-year to $635.10 million. Its non-GAAP operating income grew 1.9% from the prior year's quarter to $274 million.
Additionally, the company's non-GAAP net income and non-GAAP EPS rose 5.4% and 8.7% from its year-ago values to $255.40 and $2.25, respectively.
Analysts expect CHKP's revenue for the fiscal fourth quarter (ending December 2024) to increase 5.3% year-over-year to $698.43 million. Its <a href="https://www.investopedia.com/terms/e/eps.asp">EPS</a> is expected to grow 3.3% from the prior year's period to $2.65. Moreover, the company surpassed the consensus revenue and EPS estimates in three of the four trailing quarters.
Shares of CHKP have surged 12.6% over the past six months and 24.3% over the past year to close the last trading session at $170.18.
CHKP's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its sound fundamentals. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
CHKP has an A grade for Quality. It is ranked #4 out of 20 stocks in the B-rated <a href="https://stocknews.com/category/software-security/">Software - Security</a> industry.
To check the stock's ratings for Growth, Value, Sentiment, Momentum, and Stability, <a href="https://stocknews.com/stock/CHKP/">click here</a>.
Stock #2: OneSpan Inc. (<a href="https://stocknews.com/stock/OSPN/">OSPN</a>)
OSPN engages in designing, developing, and marketing digital solutions for identity, authentication, and secure digital agreements globally. Its offerings include OneSpan Sign, OneSpan Cloud Authentication, OneSpan Identity Verification, Mobile Security Suite, Digipass Authenticators etc.
On November 4, OSPN <a href="https://investors.onespan.com/news-releases/news-release-details/onespans-cloud-native-guidewire-integration-drive-cloud-adoption">announced the availability</a> of its new Ready for Guidewire integrations in the Guidewire marketplace to drive cloud adoption within the P&amp;C sector. This new release will allow P&amp;C insurance carriers to launch faster with less complexity and operational burden while also paving the way toward its transition to the cloud.
On June 11, OSPN <a href="https://investors.onespan.com/news-releases/news-release-details/onespan-announces-integration-platform-esignatures">announced the launch</a> of the OneSpan Integration Platform, a platform that helps businesses to integrate eSignatures into well-known applications more efficiently.
As eSignatures are becoming the norm for more and more businesses worldwide, this new launch will enhance the company's growth prospects by creating a significant market share.
For the fiscal 2024 third quarter that ended on September 30, OSPN's total revenue came in at $56.24 million. Its adjusted EBITDA increased 165.3% year-over-year to $16.73 million. Moreover, the company's non-GAAP net income and non-GAAP net income per share grew 266.1% and 266.7%, respectively, from the prior year's quarter to $13.10 million and $0.33.
Street expects OSPN's revenue and EPS for the fiscal year ending December 2025 to grow 3.4% and 3.1% year-over-year to $248.33 million and $1.34, respectively. Moreover, the company topped the consensus revenue and EPS estimates in all four trailing quarters, which is impressive.
OSPN's shares have surged 34.6% over the past six months and 98.3% over the past year to close the last trading session at $16.68.
OSPN's solid prospects are projected in its POWR Ratings. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
OSPN has an A grade for Value and a B for Growth and Quality. It is ranked #2 within the same industry.
<a href="https://stocknews.com/stock/OSPN/">Click here</a> to see OSPN's ratings for Momentum, Sentiment, and Stability.
Stock #1: Radware Ltd. (<a href="https://stocknews.com/stock/RDWR/">RDWR</a>) 
Based in Tel Aviv, Israel, RDWR is engaged in developing, manufacturing and marketing cyber security and application delivery solutions for cloud, on-premises, and software defined data centers. Its two operational segments are: Radware's Core Business and The Hawks' Business.
On October 3, RDWR <a href="https://www.radware.com/newsevents/pressreleases/2024/radware-expands-its-cloud-security-offering-with-a-new-threat-intelligence-service/">announced the introduction</a> of a new Threat Intelligence Service made to help security operation center (SOC) teams, threat researchers, and incident responders increase threat detection, identify compromised systems, and ultimately lower mean time to response.
With developments in intelligent security software worldwide, this new release by the company will enhance the company's market share in the cybersecurity market and offer better growth prospects.
On September 18, RDWR <a href="https://www.radware.com/newsevents/pressreleases/2024/radware-expands-always-on-hybrid-ddos-protection/">announced the closing</a> of a multi-million-dollar expansion deal with a leading European stock exchange to include its Radware DDoS Protection Services and DefensePro&#xAE; X and Cyber Controller as well as its Emergency Response Team (ERT) managed services.
With this expansion agreement, RDWR is proving to be a cybersecurity giant worldwide and gaining a significant number of customers and enhancing its growth.
For the fiscal 2024 third quarter that ended on September 30, RDWR's revenues increased 12.8% year-over-year to $69.49 million. Its non-GAAP gross profit grew 14.5% from its year-ago value to $57.17 million.
Additionally, the company's non-GAAP net income and non-GAAP net earnings per share rose 256.9% and 228.6% from the prior year's quarter to $10.21 million and $0.23, respectively.
The consensus revenue estimate of $71.36 million for the fiscal fourth quarter (ending December 2024) reflects a year-over-year rise of 9.7%. Its EPS for the same period is expected to increase 82.1% from the prior year's period to $0.24. The company also surpassed the consensus revenue and EPS estimates in all four trailing quarters, which is impressive.
RDWR's stock has surged 28.4% over the past six months and 45.3% over the past year to close the last trading session at $21.63.
RDWR's POWR Ratings reflect its strong outlook. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
RDWR has an A grade for Quality and Growth and a B for Sentiment. It has topped the 20-stock Software - Security industry.
To check RDWR's Value, Momentum, and Stability ratings, <a href="https://stocknews.com/stock/RDWR/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
CHKP shares were unchanged in premarket trading Tuesday. Year-to-date, CHKP has gained 11.38%, versus a 21.01% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Aanchal Sugandh</h2> <img src='https:/wp-content/uploads/2022/12/Aanchal-Sugandh_Headshot.jpg' style="float:left; padding:5px;width:125px;">Aanchal's passion for financial markets drives her work as an investment analyst and journalist. She earned her bachelor's degree in finance and is pursuing the CFA program.

She is proficient at assessing the long-term prospects of stocks with her fundamental analysis skills. Her goal is to help investors build portfolios with sustainable returns.<a href="https://stocknews.com/authors/?author=aanchal-sugandh">More...</a>The post <a href=https://stocknews.com/news/chkp-rdwr-ospn-3-cybersecurity-stocks-protecting-your-portfolios-future/>3 Cybersecurity Stocks Protecting Your Portfolio's Future</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Cybersecurity Stocks Protecting Your Portfolio's Future

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