Check Point Software Technologies has appointed Jonathan Zanger as its new Chief Technology Officer (CTO). Zanger will oversee the company's global strategies in cybersecurity and artificial intelligence, as well as manage their AI innovation centers. This role marks a significant addition to Check Point's leadership as the company aims to enhance its technology initiatives. Before joining Check Point, Zanger held the position of CTO at Trigo, bringing valuable experience to his new role.
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 $237.50 with a high estimate of $285.00 and a low estimate of $175.12. The average target implies an upside of 10.22% from the current price of $215.48. 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 $187.78, suggesting a downside of 12.86% from the current price of $215.48. 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.
