11 Best Performing Cybersecurity Stocks So Far in 2025

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4. Check Point Software  Technologies Ltd. (NASDAQ:CHKP)

Year-to-Date performance as of April 25: 17.95%

Number of Hedge Fund Holders: 40

Check Point Software Technologies Ltd. (NASDAQ:CHKP) develops, designs, and markets enterprise software, providing services such as threat prevention, web security management, and software-defined protection.

On April 24, Truist Securities reiterated its Buy rating on Check Point Software Technologies Ltd. (NASDAQ:CHKP) with a price target of $250. The endorsement comes after Checkpoint announced first-quarter earnings for fiscal year 2025, which surpassed consensus estimates, owing to a resurgence in product revenue. The company reported adjusted earnings per share of $2.21, slightly higher than the average expectations of $2.19. Revenue rose by 7% year-over-year to $638 million, crossing the expected $636.22 million. Notably, product and licensing revenue increased by 14% to $114.1 million, while security subscription revenue rose by 10% to $290.6 million.

Check Point Software Technologies Ltd. (NASDAQ:CHKP) recently teamed up with cloud security provider Wiz to provide a comprehensive, end-to-end security solution for hybrid cloud environments. The partnership improves risk prioritization, threat prevention, and security automation.

GreensKeeper Asset Management stated the following regarding Check Point Software Technologies Ltd. (NASDAQ:CHKP) in its Q1 2025 investor letter:

“Our third top performer in the quarter was Check Point Software Technologies Ltd. (NASDAQ:CHKP) +22.1%. CHKP’s enterprise cyber security solutions continue to gain traction in the market, supported by growing demand for advanced network security. Recently appointed CEO Nadav Zafrir, a pioneer in the Israeli cyber-security market, has bolstered the company’s executive sales force in efforts to accelerate growth. CHKP is well-capitalized, with over $2.5 billion of excess cash on the balance sheet, and continues to actively repurchase its own shares.”

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