This cybersecurity stock has gained impressive momentum in the past three months, and it seems capable of delivering more upside. Nvidia (NVDA 1.58%) has been one of the hottest stocks on the market in 2024, with stunning gains of 145% as of this writing, but the semiconductor giant's performance has been patchy over the past three months despite its impressive quarterly results. More specifically, Nvidia stock has lost 2% of its value in this time frame. That may be attributed to various reasons, such as t ...

REDWOOD CITY, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today announced the completion of its acquisition of Cyberint Technologies Ltd., a highly innovative provider of external risk management solutions. "At Check Point we are dedicated to staying ahead of the ever-growing threat landscape. By bringing Cyberint's real-time exposure analysis to our Infinity Platform, we are providing our customers ...

REDWOOD CITY, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, today announced that it will release its financial results for the third quarter ended September 30, 2024, on Tuesday, October 29, 2024, before the U.S. financial markets open. Management will host a video conference call with the investment community at 8:30 AM EDT/5:30 AM PDT on October 29, 2024. A live video webcast of the call will be ho ...

Check Point Software Technologies (CHKP) shares have returned 28% year to date (YTD), outperforming the broader Zacks Computer and Technology sector's appreciation of 22.2%. CHKP shares have also outperformed the Zacks Computer – IT services industry, as well as its peers including Unisys (UIS) , Accenture (ACN) and Evolv Technologies (EVLV) . Over the same timeframe, shares of Unisys returned 0.7% while Accenture and Evolv dropped 3.3% and 6.3%, respectively. Industry appreciated 7.9%. Will Strong Billing ...

REDWOOD CITY, Calif., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ: CHKP), a leading cyber security platform provider of AI-powered, cloud delivered solutions, today announced that it has been named a Leader in the latest Frost & Sullivan Email Security Radar report. Check Point Harmony Email & Collaboration is recognized for its powerful technology that integrates advanced artificial intelligence (AI) with user-centric design to provide organizations with top-tier email ...

A month has gone by since the last earnings report for Check Point Software (CHKP) . Shares have added about 5.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Check Point due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Check Point Q2 Earnings & Revenues Beat E ...

Maskot Investment summary My recommendation for Check Point Software (NASDAQ:CHKP) is a buy rating. Growth is expected to continue to be robust as various operating points point to positive growth ahead, especially the accelerating billings growth, turnaround in the PNL segment, and new products becoming a sizeable portion of the business (indicating good demand). Business Overview CHKP is a cybersecurity company that offers a portfolio of network and gateway security solutions, data and endpoint security s ...

Over the past 90 days, the Zacks Consensus Estimate for CHKP's full-year earnings has moved 0.6% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. Check Point Software is one of 617 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #7 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the group ...

Zacks Premium also includes the Zacks Style Scores. The Style Scores are broken down into four categories: Momentum Score How Style Scores Work with the Zacks Rank That's where the Style Scores come in. Stock to Watch: Check Point Software (CHKP) Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0 to $9.07 per share. CHKP also boasts an average earnings surprise of 2.2%. Developed alongside the Zacks Rank, the Zacks Sty ...

Check Point Software Technologies (CHKP) reported second-quarter 2024 results, wherein both the bottom and top lines surpassed the Zacks Consensus Estimate and improved year over year. The IT security solutions provider reported non-GAAP earnings of $2.17 per share, beating the Zacks Consensus Estimate of $2.16. The bottom line increased 8% from the year-ago quarter's earnings of $2 per share. Check Point's quarterly revenues increased 7% year over year to $627.4 million and surpassed the Zacks Consensus Es ...