Newsfeeds Archive - Spark Newswire

1 minute read

Check Point Software’s Products and Licenses Revenue Falls In Q1, Stock Slides

April 25, 9:58 AM

Check Point Software Technologies reported Q1 revenue of $598.80M (6% growth YoY), beating estimates. Adjusted EPS of $2.04 also beat consensus. The company's operating margin remained at 42%. Check Point stock gained 28% in the last 12 months.

CHKP

2 minute read

Why Microsoft, Alphabet, Amazon, Palantir, And Meta Could Rise 15% In 2024, According To Analyst

By Surbhi Jain

April 15, 11:51 AM

Tech analyst Daniel Ives predicts 15% surge for Microsoft, Alphabet, Amazon, Palantir, and Meta. Q1 earnings expected to drive tech stocks up 15% in 2024.

AMZN

3 minute read

Iran’s Revenge Promise Against Israel Is Taking Down Its Stock Market — But Large Tech Companies Appear Immune

By Natan Ponieman

April 4, 3:52 PM

Tech companies in Israel are performing better than the country's overall stock market. Ark Israel Innovative Technology ETF is up 0.6% on Thursday.

CHKP

2 minute read

Check Point Software Garners Cautious Optimism From Analysts: Solid Revenue Growth Clashes With Market Share Concerns

By Anusuya Lahiri

February 7, 3:31 PM

Mizuho analyst maintains Check Point Software with Neutral rating and raises price target. Q4 revenue grows 4%, subscriptions up 15%, operating margins beat expectations. 2024 outlook positive, CEO succession plan announced. Wedbush and Truist raise price targets, Susquehanna and KeyBanc maintain ratings.

CHKP

2 minute read

Analyst Ratings

BMO Capital Maintains Market Perform Rating for Check Point Software: Here’s What You Need To Know

By Benzinga Insights

February 7, 1:00 PM

BMO Capital has decided to maintain its Market Perform rating of Check Point Software (NASDAQ:CHKP) and raise its…

CHKP

3 minute read

US Stocks Brace For Another Day In The Red As Rally Loses Steam: Analyst Sees Market Pullback On This Indicator

By Shanthi Rexaline

February 6, 8:37 AM

The stock rally that propelled the S&P 500 and the Dow to record highs last week seems to have stalled, with Fed officials remaining non-committal about rate-cut plans.

AMGN

1 minute read

Check Point Software Tops Earnings Estimates, Announces CEO Transition

By Anusuya Lahiri

February 6, 8:18 AM

Check Point Software reported strong Q4 results, with revenue of $663.5M and EPS of $2.57 beating consensus estimates. CEO Gil Shwed to transition to Executive Chair.

CHKP