Check Point Software Technologies Ltd. (CHKP)
New CEO Zafrir takes over at Check Point Software
Check Point Software Technologies said on Monday that Nadav Zafrir has taken over as chief executive, replacing Gil Shwed who had been CEO for 30 years and built the Israeli network security firm into a multi-billion-dollar company.
Why Is Check Point (CHKP) Up 4.4% Since Last Earnings Report?
Check Point (CHKP) reported earnings 30 days ago. What's next for the stock?
Check Point Rises 20% Year to Date: Should Investors Buy the Stock?
CHKP shares benefit from expanding AI integrated product offering. However, stretched valuation and intense competition keep investors on the sidelines.
Time to Buy These Up-and-Coming Software Firms?
The software portion of the larger tech industry has recently experienced a sharp upward swing. A benchmark ETF, the iShares Expanded Tech-Software Sector ETF BATS: IGV, has climbed by nearly 38% in the last year, with more than a quarter of that increase in the month from mid-October to mid-November.
Cyberattacks becoming more difficult to stop: Check Point CEO
Shares of Check Point Software Technologies (CHKP) are sliding despite the cybersecurity provider reporting third quarter revenue rising 7% year over year. Check Point CEO Gil Shwed joins Catalysts to discuss the earnings results and break down the market reaction.
Down -9.05% in 4 Weeks, Here's Why You Should You Buy the Dip in Check Point (CHKP)
Check Point (CHKP) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Check Point's Slowing Growth Despite New Products Prompts Analyst Downgrade
B of A Securities analyst Tal Liani downgraded Check Point Software Technologies Ltd CHKP from Buy to Neutral and lowered the price target from $205 to $195.
Check Point Software Q3 Earnings Match Estimates, Revenues Miss
CHKP's third-quarter 2024 results reflect benefits from the strong demand for the Infinity platform.
Check Point Software: Miss In Billings Growth Is Not A Big Concern
I maintain a buy rating on Check Point Software (CHKP) due to strong product revenue growth and healthy demand. CHKP's 3Q24 results showed 6.5% y/y revenue growth, aligning with expectations, driven by solid performance in products, subscriptions, and maintenance. The billings miss is attributed to deal slippages, not demand deterioration.
High Hopes Dashed: Why Check Point Stock Fell Today
Could Check Point be undervalued today? Here's how the cybersecurity expert hit every third-quarter target and still suffered a share price correction.
Check Point Software Technologies Ltd. (CHKP) Q3 2024 Earnings Call Transcript
Check Point Software Technologies Ltd. (NASDAQ:CHKP ) Q3 2024 Earnings Conference Call October 29, 2024 8:30 AM ET Company Participants Kip Meintzer – Head-Global Investor Relations Roei Golan – Chief Financial Officer Gil Shwed – Founder and Chief Executive Officer Conference Call Participants Shaul Eyal – TD Cowen Adam Tindle – Raymond James Tal Liani – BofA Merrill Lynch Joseph Gallo – Jefferies Brad Zelnick – Deutsche Bank Rob Owens – Piper Sandler Roger Boyd – UBS Investment Bank Hamza Fodderwala – Morgan Stanley Shyam Patil – Susquehanna Financial Group Gabriela Borges – Goldman Sachs Saket Kalia – Barclays Joel P.
Check Point (CHKP) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Check Point (CHKP) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
