CHKP
Check Point Software Technologies Ltd.
CHKP's fundamentals are mixed, but it looks cheap: trading at 15x earnings, below its usual 21x. Analysts expect earnings growth.
CHKP Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Stable |
CHKP's profitability and cash flow are currently strong, and its revenue and balance sheet are stable.
CHKP PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 14x | $147 | — |
| Current | 15x | $147 | — |
| Cheap | 19x | $187 | +26% |
| Fair | 21x | $203 | +38% |
| Expensive | 25x | $241 | +64% |
Historical ranges are pointers, not guarantees.
CHKP's PE is in its cheap range at 15x. If earnings grow as analysts expect, today's price would be 14x next year's earnings.
CHKP Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Improving | |
| Moderate | |
| Moderate |
Analysts expect CHKP's earnings to grow and its profitability to improve, with its revenue holding steady.
CHKP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $10.74 | +10% |
| Q2 2026 | $9.73 | +27% |
| Q1 2026 | $9.70 | +28% |
| Q4 2025 | $9.60 | +29% |
| Q3 2025 | $9.13 | +25% |
| Q2 2025 | $7.68 | +6.1% |
| Q1 2025 | $7.58 | +5.4% |
| Q4 2024 | $7.47 | +5.1% |
| Q3 2024 | $7.32 | +2.2% |
CHKP's earnings per share have climbed steadily: $9.73 over the past year, up 27% from the year before, and higher year over year for 16 quarters in a row.
CHKP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $673.6M | +1.3% |
| Q1 2026 | $668.4M | +4.8% |
| Q4 2025 | $744.9M | +5.9% |
| Q3 2025 | $677.5M | +6.7% |
| Q2 2025 | $665.2M | +6% |
| Q1 2025 | $637.8M | +6.5% |
| Q4 2024 | $703.7M | +6.1% |
| Q3 2024 | $635.1M | +6.5% |
CHKP's revenue has grown year over year every quarter since late 2020: $674M last quarter, up 1.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 27% | -3.1 points |
| Q1 2026 | 28% | -3 points |
| Q4 2025 | 31% | -4.9 points |
| Q3 2025 | 29% | -5 points |
| Q2 2025 | 31% | -2.8 points |
| Q1 2025 | 31% | -1.7 points |
| Q4 2024 | 36% | -1.8 points |
| Q3 2024 | 34% | -3.5 points |
CHKP's operating margin was 27% last quarter, down 3.1 points from the same quarter a year ago, near the bottom of its range since 2019.
CHKP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $160.7M | -37% |
| Q1 2026 | $435.9M | +5.4% |
| Q4 2025 | $277.3M | +17% |
| Q3 2025 | $265.1M | +8.6% |
| Q2 2025 | $256M | +32% |
| Q1 2025 | $413.7M | +17% |
| Q4 2024 | $236.1M | +0.8% |
| Q3 2024 | $244.1M | +13% |
CHKP's free cash flow has been positive every quarter for seven years: $1.1B over the past year, about the same as the year before.
CHKP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.5% | -2.6M shares |
| 1 year | -6.3% | -6.9M shares |
| 3 years | -13% | -15.7M shares |
| 5 years | -23% | -31.3M shares |
| Available history | -31% | -47.3M shares |
CHKP has 104M diluted shares, down 6.3% from a year ago, with $1.4B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q2 2026 | $324.9M |
| Q1 2026 | $325M |
| Q4 2025 | $425M |
| Q3 2025 | $366.8M |
| Q2 2025 | $325M |
| Q1 2025 | $325M |
| Q4 2024 | $324.9M |
| Q3 2024 | $325M |
CHKP spent $1.4B buying back its own shares over the past year, up 11% from the year before.
CHKP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 1.5x | Healthy |
| Q1 2026 | 0.9x | Very low |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -0.6x | Net Cash |
| Q1 2025 | -0.4x | Net Cash |
| Q4 2024 | -0.5x | Net Cash |
| Q3 2024 | -0.5x | Net Cash |
CHKP's net debt is about 1.5 years of its operating earnings (EBITDA), after holding more cash than debt a year ago.
CHKP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.5 | Neutral |
| Stochastic | 62.8 | Neutral |
CHKP's weekly RSI is 55 (neutral) and its Stochastic is 63 (neutral).
CHKP PE vs Technology Sector
| Metric | CHKP | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 28x | 46% below |
| PE % | 8 | 35 | 27 pts below |
CHKP is trading at 15x earnings, a 46% discount to the Technology sector's median of 28x.
CHKP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $142.4 | 3.6% above |
| 20 week MA | $136.6 | 8% above |
| 50 week MA | $147.6 | 0.1% below |
| 100 week MA | $177.1 | 17% below |
| 200 week MA | $164.5 | 10% below |
CHKP has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 10% below its 200-week average.
CHKP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $111.8 | $134.8 | +21% |
| 2021 | $134.8 | $114.9 | -15% |
| 2022 | $114.9 | $127.0 | +11% |
| 2023 | $127.0 | $152.8 | +20% |
| 2024 | $152.8 | $187.9 | +23% |
| 2025 | $187.9 | $189.6 | +0.9% |
| 2026 YTD | $189.6 | $147.5 | -22% |
CHKP has finished higher in five of the last six years. It's down 22% so far in 2026.