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3 Cybersecurity Stocks to Buy Now for Long-Term Opportunities
ZACKS· 2025-04-15 14:00
Cybersecurity encompasses comprehensive security measures designed to protect systems, networks and programs from digital attacks. These attacks often aim to access, alter, or destroy sensitive information, extort money from users through ransomware, or disrupt the integrity of normal business operations. The widespread adoption of AI, IoT devices, and increased digitization across both public and private sectors has heightened vulnerabilities and expanded attack surfaces, necessitating the development of a ...
Check Point Recognized for #1 AI-Powered Cyber Security Platform by Miercom
Newsfilter· 2025-04-07 13:00
REDWOOD CITY, Calif., April 07, 2025 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ:CHKP), a pioneer and global leader of cyber security solutions, today announced that its Infinity Platform has been named the top-ranked AI-powered cyber security platform in the 2025 Miercom Assessment. The report validates Check Point's leadership across critical security categories, with the Infinity Platform outperforming all competitors in security efficacy, Zero Trust implementation, and ease of use ...
Is Check Point Software Technologies (CHKP) Outperforming Other Computer and Technology Stocks This Year?
ZACKS· 2025-04-02 14:40
For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Check Point Software (CHKP) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Check Point Software is one of 611 companies in the Computer and Technology group. The Computer and Technology group currently sits at #6 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of ou ...
Check Point Software to Announce 2025 First Quarter Financial Results on April 23, 2025
Newsfilter· 2025-04-01 13:00
To follow this and other Check Point news visit: About Check Point Software Technologies Ltd. ©2025 Check Point Software Technologies Ltd. All rights reserved TEL AVIV, Israel, April 01, 2025 (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 first quarter ended March 31, 2025, on Wednesday, April 23, 2025, before the U.S. financial markets open. Management wil ...
Check Point Software Emerges as a Leader in Attack Surface Management After Acquiring Cyberint, According to Latest GigaOm Radar Report
Newsfilter· 2025-03-31 15:20
REDWOOD CITY, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ:CHKP), a pioneer and global leader of cyber security solutions, has emerged as a leading player in Attack Surface Management (ASM) with its acquisition of Cyberint, as highlighted in the recent GigaOm Radar report. Cyberint, recognized as a top performer in the Maturity/Platform Play quadrant, now brings its ASM expertise to Check Point's External Risk Management solution. This combination of automated as ...
Check Point's Cloud is Growing
FX Empire· 2025-03-28 10:54
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
Here are 4 Cloud Security Stocks Investors Should Watch in 2025
ZACKS· 2025-03-18 14:30
Escalating threats of nation-state cyber warfare, ransomware extortion, rising malware attacks and security vulnerabilities due to poor implementation of multi-tenant public cloud environments have fueled the demand for advanced cloud security products.Artificial intelligence (AI)-based self-evolving malware attacks and the use of quantum computers in breaking traditional encryptions have pushed cloud security providers to up their game. These factors have given rise to a large cloud security market, which ...
Check Point Software Technologies .(CHKP) - 2024 Q4 - Annual Report
2025-03-17 20:30
Revenue Performance - Total revenues for 2024 were $2,565 million, representing a 6% increase from $2,415 million in 2023[260] - Security subscription revenues increased by $123 million, or 13%, from $981 million in 2023 to $1,104 million in 2024[261] - Software updates and maintenance revenues rose by $17 million, or 2%, from $936 million in 2023 to $953 million in 2024[261] - The Americas accounted for 42% of total revenues in 2024, while Europe, the Middle East, and Africa accounted for 47%[237] Expenses and Costs - Total cost of revenues was $319 million in 2024, up from $283 million in 2023[262] - Cost of security subscriptions increased to $73 million in 2024 from $57 million in 2023[264] - Research and development expenses were $395 million in 2024, consistent at 15% of revenues for both 2024 and 2023[266] - Selling and marketing expenses increased to $863 million in 2024, representing 34% of revenues, up from $747 million and 31% in 2023[269] - General and administrative expenses decreased to $112 million in 2024, accounting for 4% of revenues, compared to $117 million and 5% in 2023[272] - Operating margin declined to 34% in 2024 from 37% in 2023, primarily due to increased workforce-related expenses and cloud costs[273] - Amortization of technology rose to $25 million in 2024 compared to $14 million in 2023, attributed to acquisitions[265] Income and Profitability - Operating income for 2024 was $876 million, a decrease from $899 million in 2023[258] - Net income for 2024 was $845.7 million, slightly up from $840.3 million in 2023[258] - Net income increased by $6 million to $846 million in 2024, compared to $840 million in 2023[279] Financial Position - Net financial income rose to $96 million in 2024, up from $77 million in 2023, driven by higher interest rates and yields on marketable securities[275] - Total taxes on income decreased to $126 million in 2024, with an effective tax rate of 13%, down from $135 million and 14% in 2023[277] - Total cash and cash equivalents, short-term investments, and long-term interest-bearing investments were $2,784 million as of December 31, 2024, down from $2,960 million in 2023[280] - Net cash from operations was $1,052 million in 2024, an increase from $1,038 million in 2023, primarily due to higher deferred revenues[281] - Net cash used in financing activities was $1,060 million in 2024, attributed mainly to the repurchase of ordinary shares totaling $1,300 million[283] - The company believes its liquidity sources will be sufficient to meet normal operating requirements over the next 12 months[286]
Is the Options Market Predicting a Spike in Check Point (CHKP) Stock?
ZACKS· 2025-03-04 14:30
Investors in Check Point Software Technologies (CHKP) need to pay close attention to the stock based on moves in the options market lately. That is because the Apr 17, 2025 $290.00 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the oth ...
This Artificial Intelligence (AI) Stock Is Up 15% in 2025 Already. It Is Still a Solid Buy?
The Motley Fool· 2025-03-01 10:00
Core Viewpoint - Check Point Software Technologies has shown a strong performance with a 15% gain in 2025 and is well-positioned for future growth due to the increasing adoption of AI tools in the cybersecurity sector [1][2]. Financial Performance - Check Point ended 2024 with total revenue of $2.66 billion, reflecting a 6% year-over-year increase, while non-GAAP earnings rose by 9% to $9.16 per share [3]. - The company expects fiscal 2025 revenue growth in the range of 4% to 8%, with earnings growth projected between 5% to 11%, potentially reaching $9.90 per share [8]. Growth Indicators - The remaining performance obligations (RPO) increased by 12% year-over-year in Q4 2024, indicating a robust revenue pipeline as it represents the total value of contracted products and services yet to be recognized as revenue [4]. - Demand for Check Point's AI-powered firewall product, Quantum Force, has been rising, contributing to an 8% year-over-year increase in product and license sales in the previous quarter [6]. Market Position and Valuation - Check Point is trading at 22 times forward earnings, which is lower than the Nasdaq-100 index's forward earnings multiple of 28, suggesting an attractive valuation [10]. - If Check Point achieves $12 per share in earnings by 2027 and trades in line with the Nasdaq-100's forward earnings multiple, its stock price could potentially reach $342, representing a 59% increase from current levels [11].