BMO Capital Maintains an Outperform Rating on Check Point Software Technologies Ltd. (CHKP)

Check Point Software Technologies Ltd. (NASDAQ:CHKP) is one of the 9 Most Profitable Tech Stocks to Buy Right Now.

On May 4, BMO Capital reduced its price target for Check Point Software Technologies Ltd. (NASDAQ:CHKP) to $135 from $210. It maintained an “Outperform” rating on the shares, citing weak demand metrics and uncertainty around the second half of FY26 revenue build. The firm also told investors the company will likely remain “in the penalty box” until it shows clearer growth improvement.

On April 30, Check Point Software Technologies Ltd. (NASDAQ:CHKP) reported $668 million in revenue for the first quarter of 2026 with a 5% growth YoY. Subscription revenue increased by 11% to $323 million, the firm reported. The company’s GAAP operating income was $185 million with 28% margins, while its non-GAAP operating income was $265 million with a 40% margin.

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Check Point Software Technologies Ltd. (NASDAQ:CHKP) reported GAAP earnings per share of $1.81, a 5% rise, and non-GAAP EPS of $2.50, a 13% increase. CEO Nadav Zafrir said product revenue obstacles from go to market changes, while subscription demand remained strong across email security, exposure management, and SASE.

Check Point Software Technologies Ltd. (NASDAQ:CHKP) establishes and distributes software and hardware solutions for information security.  Its products consist of Quantum, CloudGuard, Harmony, and Infinity-Vision.

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