Check Point Software Reports 2023 Third Quarter Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Needham Starts NeoVolta (NEOV) at Buy
Checkpoint Software (CHKP) Mentioned Cautiously at Citi, 'we’re guarded'
October 31, 2023 6:53 AM EDTCiti analyst Fatima Boolani reiterated a Neutral rating and $135.00 price target on Checkpoint Software (NASDAQ: CHKP)
The analyst comments "An underwhelming 3Q product -14% YoY; billings -3% YoY PF for slipped deal, +$8M from Perimeter81, flattish FCF YoY ex- M&A and 4QE revs guide demonstrate... More
Stifel on Checkpoint Software (CHKP): 'More Of The Same As We Await Signs Of Acceleration'
October 30, 2023 3:28 PM EDTStifel analyst Adam Borg reiterated a Hold rating and $135.00 price target on Checkpoint Software (NASDAQ: CHKP).
The analyst comments "Net/net, management remains optimistic that an improving macro, execution, and broadening portfolio can help drive top-line re-acceleration in coming years.... More
Evercore ISI Unsure Checkpoint Software (CHKP) Can Deliver on Upbeat Tone for 2024
October 30, 2023 3:25 PM EDTEvercore ISI analyst Amit Daryanani reiterated an In Line rating and $135.00 price target on Checkpoint Software (NASDAQ: CHKP).
The analyst comments "CHKP reported a solid Q3 beat this morning before market open with revenue/EPS of $596.3M/$2.07 vs. consensus $592M/$2.02. Revenue upside was attributed to strength in subscriptions (+15%) which was driven by Harmony/e-mail, though calculated billings of $531M were down -5% y/y and moderately below consensus ($559M) due to a combination of a high rate environment/ flexible consumption models offered via Infinity weighing on... More
