Wedbush has recently updated its outlook on Check Point Software Technologies Ltd. (CHKP), lowering its price target while reiterating an Outperform rating. This decision follows the cybersecurity firm's fourth-quarter performance, where revenue largely met market expectations and earnings exceeded them. The revised target reflects a nuanced view of the company's future, considering both its robust product demand and a cautious forecast for the upcoming fiscal year. Analysts emphasize the growing importance of Check Point's security solutions in an era of increasingly sophisticated cyber threats, particularly those leveraging artificial intelligence.
On February 13, 2026, Wedbush adjusted its price target for Check Point Software Technologies Ltd. to $210, down from its previous $240. Despite this reduction, the firm maintained its 'Outperform' rating on the stock. This revised assessment came on the heels of Check Point's fourth-quarter earnings release, where the company's revenue closely matched analyst projections, and its earnings per share surpassed estimates. Wedbush noted that while the fiscal year 2026 guidance was somewhat conservative, Check Point is experiencing strong demand across its product portfolio, with Secure Access Service Edge (SASE), E-mail security, and Extended Reality Management (ERM) solutions being key growth drivers. The firm also highlighted the accelerating adoption of AI, which is leading to more advanced cyberattacks and consequently reinforcing the essential role of Check Point's foundational security layers.
Other financial institutions also weighed in on Check Point's performance around the same time. Baird analyst Shrenik Kothari, on February 13, 2026, reduced the price target to $220 from $245, while also maintaining an 'Outperform' rating. Similarly, Stephens lowered its price target to $210 from $240, keeping an 'Overweight' rating, characterizing the quarter's results as mixed. Stephens indicated that the 2026 revenue and operating margin guidance were generally in line with expectations, and while confidence in the pace of improvement was slightly diminished, the overarching investment thesis remained strong.
Check Point's fourth-quarter results, reported on February 12, 2026, showed earnings per share of $3.40, significantly exceeding the consensus estimate of $2.77. Revenue for the quarter stood at $744.9 million, closely aligning with the consensus of $746.42 million. Calculated billings reached $1.04 billion. CEO Nadav Zafrir expressed satisfaction with the company's "solid fourth quarter and full year 2025 results," attributing the strong performance to customer adoption of its Hybrid Mesh Network and Workspace platforms. Looking ahead to 2026, Zafrir outlined the company's strategic focus on securing customers' AI transformations and integrating AI-driven security throughout its offerings, citing the recent acquisition of Cyata as a move to enhance its AI security stack. Check Point Software Technologies Ltd. is a global provider of IT security products and services, offering multilevel security architectures across various environments including cloud, network, mobile, endpoints, and IoT.
The company continues to develop, market, and support a comprehensive range of IT security products and services globally. These solutions provide multi-layered security architectures that protect diverse environments, including cloud infrastructure, corporate networks, mobile devices, endpoints, and IoT ecosystems. Check Point's commitment to innovation and its strategic acquisition of companies like Cyata underscore its dedication to staying at the forefront of cybersecurity, particularly in addressing the evolving threats posed by artificial intelligence.