President Trump has enacted an Executive Order aimed at bolstering the United States' cybersecurity framework. The directive is intended to provide robust protection against international cyber threats and improve the security practices in technology. This policy modifies elements from previous administrations' Executive Orders and mandates federal agencies to focus on secure software development.
In the landscape of publicly traded cybersecurity firms, Check Point Software Technologies (CHKP, Financial) stands to benefit from these heightened security measures. By emphasizing the development of secure technologies, the new order may create favorable conditions for companies like Check Point to advance their market position and innovation capabilities. As cybersecurity becomes increasingly crucial, Check Point could see enhanced opportunities for growth and expansion.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 31 analysts, the average target price for Check Point Software Technologies Ltd (CHKP, Financial) is $236.05 with a high estimate of $285.00 and a low estimate of $175.12. The average target implies an upside of 1.31% from the current price of $233.00. More detailed estimate data can be found on the Check Point Software Technologies Ltd (CHKP) Forecast page.
Based on the consensus recommendation from 40 brokerage firms, Check Point Software Technologies Ltd's (CHKP, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Check Point Software Technologies Ltd (CHKP, Financial) in one year is $187.01, suggesting a downside of 19.74% from the current price of $233. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Check Point Software Technologies Ltd (CHKP) Summary page.
