Check Point Software Stock News

Cloud security growth lifts shares of cybersecurity firm Check Point Software Technologies Ltd. (CHKP).

Check Point Software Technologies (CHKP 1.65%) may not be a household name in the cybersecurity industry, but the company has registered impressive gains of 15% already in 2025, and the good part is that it seems to be in a solid position to sustain its impressive momentum in the future as well.

TEL AVIV, Israel--(BUSINESS WIRE)--Variscite and Check Point Partner to Enhance IoT/Embedded Device Security.

Check Point CloudGuard recognized for superior performance in WAF & API security and threat prevention, showcasing robust cloud security solutions Check Point CloudGuard recognized for superior performance in WAF & API security and threat prevention, showcasing robust cloud security solutions

I downgraded Check Point Software to a 'Hold' due to decelerating subscription growth, margin pressures, and a high valuation at 21x forward PE. CHKP's 4Q24 showed strong billings growth at 11.2% y/y and a significant turnaround in product revenue, growing 8% y/y. Concerns include a slowdown in subscription growth from 11.5% to 9.9% y/y and a 300 bps decline in adj. EBIT margin.

For the Third Year, Check Point Software Demonstrates Industry's Highest Threat Prevention Rate in Miercom's Enterprise and Hybrid Mesh Firewall report.

VIENNA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today announced new Infinity Platform capabilities to accelerate zero trust, strengthen threat prevention, reduce complexity, and simplify security operations.

Check Point Software Technologies Ltd. (NASDAQ:CHKP ) Q4 2024 Earnings Conference Call January 30, 2024 8:30 AM ET Company Participants Kip Meintzer - Head-Global Investor Relations Gil Shwed - Founder and Executive Chairman Nadav Zafrir - Chief Executive Officer Roei Golan - Chief Financial Officer Conference Call Participants Adam Tindle - Raymond James Joseph Gallo - Jefferies Shaul Eyal - T...