Latest news with #CheckPointSoftwareTechnologiesLtd
Yahoo
28-05-2025
- Business
- Yahoo
TD Cowen Reaffirms Buy on Check Point (CHKP), Highlights Veriti Acquisition
On May 27, TD Cowen reaffirmed its stance on Check Point Software Technologies Ltd. (NASDAQ:CHKP), keeping its Buy rating and $285 price target on the company's shares. Shaul Eyal, an analyst for the firm, emphasized the strategic importance of Check Point Software's recent acquisition and how it may improve the company's standing in the cybersecurity industry. The deal, which is expected to finalize by the end of the second quarter of 2025, is valued at more than $100 million and marks Check Point's first acquisition under the direction of CEO Nadav Zafrir. Veriti Cybersecurity, the acquired company, will support an open-garden strategy to improve Check Point's null Platform. It is expected that this strategy will strengthen Check Point Software's capabilities in Exposure Management, a sector that is gaining interest due to its essential role in cybersecurity, and enable multi-vendor remediation across several security layers. By allowing Veriti to instantly apply virtual patching through Check Point Software Technologies Ltd. (NASDAQ:CHKP) gateways and absorb cloud exposure analytics, the acquisition also enhances Check Point's strategic alliance with cloud security firm Wiz. While we acknowledge the potential of CHKP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CHKP and that has 100x upside potential, check out our report about the cheapest AI stock. Read Next: and Disclosure: None. Sign in to access your portfolio
Yahoo
26-05-2025
- Business
- Yahoo
Check Point Software Technologies Ltd. (CHKP) Boosts Earnings and Increases Share Buybacks with Strong Free Cash Flow
Sound Shore Management, an investment management firm, has released its investor letter for the first quarter of 2025. A copy of the letter can be downloaded here. The fund's Investor Class (SSHFX) and Institutional Class (SSHVX) declined 1.93% and 1.89% respectively, in the first quarter of 2025 compared to a 2.14% return for the Russell 1000 Value Index (Russell Value) and -4.27% return for the Standard & Poor 500 Index (S&P 500). Sound Shore's 35-year annualized returns were 10.13% and 10.41% for SSHFX and SSHVX, respectively, as of March 31, 2025, and were ahead of the Russell Value at 9.81% and trailed the S&P 500 at 10.56%. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Sound Shore Management highlighted stocks such as Check Point Software Technologies Ltd. (NASDAQ:CHKP). Check Point Software Technologies Ltd. (NASDAQ:CHKP) develops and supports a range of products and services for IT security. The one-month return of Check Point Software Technologies Ltd. (NASDAQ:CHKP) was 10.32%, and its shares gained 47.56% of their value over the last 52 weeks. On May 23, 2025, Check Point Software Technologies Ltd. (NASDAQ:CHKP) stock closed at $227.86 per share with a market capitalization of $24.69 billion. Sound Shore Management stated the following regarding Check Point Software Technologies Ltd. (NASDAQ:CHKP) in its Q1 2025 investor letter: "Even within the uncertain market environment, we were encouraged by stability throughout our portfolio. Check Point Software Technologies Ltd. (NASDAQ:CHKP), an information technology security provider, was our top contributor for the period. A leader in what has become a critical focus for businesses, cyber security solutions, Check Point gained after announcing improved bookings and a positive revenue outlook for 2025. We added the position to the portfolio early in 2024 when it was trading at a below normal 17 times earnings. The company is growing earnings and buying back shares with its free cash flow." An engineer typing on a computer, developing the latest cybersecurity application. Check Point Software Technologies Ltd. (NASDAQ:CHKP) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 44 hedge fund portfolios held Check Point Software Technologies Ltd. (NASDAQ:CHKP) at the end of the first quarter which was 40 in the previous quarter. Check Point Software Technologies Ltd.'s (NASDAQ:CHKP) first quarter revenue increased 7% to $638 million. While we acknowledge the potential of Check Point Software Technologies Ltd. (NASDAQ:CHKP) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Check Point Software Technologies Ltd. (NASDAQ:CHKP) and shared the list of best performing cybersecurity stocks so far in 2025. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
26-05-2025
- Business
- Yahoo
Check Point Software Technologies Ltd. (CHKP) Boosts Earnings and Increases Share Buybacks with Strong Free Cash Flow
Sound Shore Management, an investment management firm, has released its investor letter for the first quarter of 2025. A copy of the letter can be downloaded here. The fund's Investor Class (SSHFX) and Institutional Class (SSHVX) declined 1.93% and 1.89% respectively, in the first quarter of 2025 compared to a 2.14% return for the Russell 1000 Value Index (Russell Value) and -4.27% return for the Standard & Poor 500 Index (S&P 500). Sound Shore's 35-year annualized returns were 10.13% and 10.41% for SSHFX and SSHVX, respectively, as of March 31, 2025, and were ahead of the Russell Value at 9.81% and trailed the S&P 500 at 10.56%. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Sound Shore Management highlighted stocks such as Check Point Software Technologies Ltd. (NASDAQ:CHKP). Check Point Software Technologies Ltd. (NASDAQ:CHKP) develops and supports a range of products and services for IT security. The one-month return of Check Point Software Technologies Ltd. (NASDAQ:CHKP) was 10.32%, and its shares gained 47.56% of their value over the last 52 weeks. On May 23, 2025, Check Point Software Technologies Ltd. (NASDAQ:CHKP) stock closed at $227.86 per share with a market capitalization of $24.69 billion. Sound Shore Management stated the following regarding Check Point Software Technologies Ltd. (NASDAQ:CHKP) in its Q1 2025 investor letter: "Even within the uncertain market environment, we were encouraged by stability throughout our portfolio. Check Point Software Technologies Ltd. (NASDAQ:CHKP), an information technology security provider, was our top contributor for the period. A leader in what has become a critical focus for businesses, cyber security solutions, Check Point gained after announcing improved bookings and a positive revenue outlook for 2025. We added the position to the portfolio early in 2024 when it was trading at a below normal 17 times earnings. The company is growing earnings and buying back shares with its free cash flow." An engineer typing on a computer, developing the latest cybersecurity application. Check Point Software Technologies Ltd. (NASDAQ:CHKP) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 44 hedge fund portfolios held Check Point Software Technologies Ltd. (NASDAQ:CHKP) at the end of the first quarter which was 40 in the previous quarter. Check Point Software Technologies Ltd.'s (NASDAQ:CHKP) first quarter revenue increased 7% to $638 million. While we acknowledge the potential of Check Point Software Technologies Ltd. (NASDAQ:CHKP) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Check Point Software Technologies Ltd. (NASDAQ:CHKP) and shared the list of best performing cybersecurity stocks so far in 2025. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Business Upturn
01-05-2025
- Business
- Business Upturn
Check Point Software Technologies Receives Common Criteria EAL4+ Certification for Quantum Firewall Software R82
REDWOOD CITY, Calif., May 01, 2025 (GLOBE NEWSWIRE) — Check Point Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today announced that its Quantum Firewall Software R82, the latest version of Check Point's core network security software delivering advanced threat prevention and scalable policy management — has received Common Criteria EAL4+ certification, further reinforcing its position as a trusted security foundation for critical infrastructure, government, and defense organizations worldwide. 'This certification reflects our continued investment in providing trusted and verifiable security to customers operating in highly regulated sectors,' said Eyal Manor, VP of Product Management at Check Point Software Technologies. 'It confirms that Check Point Quantum R82 security platform meets stringent global standards and provides verifiable protection for the world's most demanding environments.' Certified by the German Federal Office for Information Security (BSI), the Target of Evaluation (TOE) for Check Point's R82 security platform — covering Security Gateway, Security Management, and M Maestro Orchestrator Hyperscale Network configurations — complies with the internationally recognized Common Criteria for IT Security Evaluation (ISO/IEC 15408) at Evaluation Assurance Level 4+, with augmentation components ALC_FLR.1 and AVA_VAN.4. The evaluation was independently conducted by TÜV Informationstechnik GmbH, a BSI-accredited testing facility. Common Criteria is the most widely adopted framework for security certification of IT products, and EAL4+ is the highest level widely recognized for commercial technologies. The certification is accepted under the Common Criteria Recognition Arrangement (CCRA) and the European SOGIS Mutual Recognition Agreement (SOGIS-MRA), supporting deployment in over 30 participating nations. For more information on the R82 TOE and official certification details, please visit: Follow Check Point via: LinkedIn: X (Formerly known as Twitter): Facebook: Blog: YouTube: About Check Point Software Technologies Ltd. Check Point Software Technologies Ltd. ( is a leading protector of digital trust, utilizing AI-powered cyber security solutions to safeguard over 100,000 organizations globally. Through its Infinity Platform and an open garden ecosystem, Check Point's prevention-first approach delivers industry-leading security efficacy while reducing risk. Employing a hybrid mesh network architecture with SASE at its core, the Infinity Platform unifies the management of on-premises, cloud, and workspace environments to offer flexibility, simplicity and scale for enterprises and service providers. Legal Notice Regarding Forward-Looking Statements This press release contains forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, statements related to our expectations regarding future growth, the expansion of Check Point's industry leadership, the enhancement of shareholder value and the delivery of an industry-leading cyber security platform to customers worldwide. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 2, 2024. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Yahoo
30-04-2025
- Business
- Yahoo
Check Point Research Launches AI Security Report: Exposing the Rise of AI-Powered Cybercrime and Defenses
New report unveils four key AI-driven cyber threats and how organizations can outsmart attackers in an AI-driven world SAN FRANCISCO, April 30, 2025 (GLOBE NEWSWIRE) -- RSA CONFERENCE, – Check Point Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today launched its inaugural AI Security Report at RSA Conference 2025. This report offers an in-depth exploration of how cyber criminals are weaponizing artificial intelligence (AI), alongside strategic insights for defenders to stay ahead. As AI reshapes industries, it has also erased the lines between truth and deception in the digital world. Cyber criminals now wield generative AI and large language models (LLMs) to obliterate trust in digital identity. In today's landscape, what you see, hear, or read online can no longer be believed at face value. AI-powered impersonation bypasses even the most sophisticated identity verification systems, making anyone a potential victim of deception on a scale. "The swift adoption of AI by cyber criminals is already reshaping the threat landscape,' said Lotem Finkelstein, Director of Check Point Research. 'While some underground services have become more advanced, all signs point toward an imminent shift - the rise of digital twins. These aren't just lookalikes or soundalikes, but AI-driven replicas capable of mimicking human thought and behavior. It's not a distant future - it's just around the corner.' Key Threat Insights from the AI Security Report: At the heart of these developments is AI's ability to convincingly impersonate and manipulate digital identities, dissolving the boundary between authentic and fake. The report uncovers four core areas where this erosion of trust is most visible: AI-Enhanced Impersonation and Social Engineering: Threat actors use AI to generate realistic, real-time phishing emails, audio impersonations, and deepfake videos. Notably, attackers recently mimicked Italy's defense minister using AI-generated audio, demonstrating that no voice, face, or written word online is safe from fabrication. LLM Data Poisoning and Disinformation: Malicious actors manipulate AI training data to skew outputs. A case involving Russia's disinformation network Pravda showed AI chatbots repeating false narratives 33% of the time, underscoring the need for robust data integrity in AI systems. AI-Created Malware and Data Mining: Cyber criminals harness AI to craft and optimize malware, automate DDoS campaigns, and refine stolen credentials. Services like Gabbers Shop use AI to validate and clean stolen data, enhancing its resale value and targeting efficiency. Weaponization and Hijacking of AI Models: From stolen LLM accounts to custom-built Dark LLMs like FraudGPT and WormGPT, attackers are bypassing safety mechanisms and commercializing AI as a tool for hacking and fraud on the dark web. Defensive Strategies: The report emphasizes that defenders must now assume AI is embedded within adversarial campaigns. To counter this, organizations should adopt AI-aware cyber security frameworks, including: AI-Assisted Detection and Threat Hunting: Leverage AI to detect AI-generated threats and artifacts, such as synthetic phishing content and deepfakes. Enhanced Identity Verification: Enhanced Identity Verification: Move beyond traditional methods and implement multi-layered identity checks that account for AI-powered impersonation across text, voice, and video—recognizing that trust in digital identity is no longer guaranteed. Threat Intelligence with AI Context: Equip security teams with the tools to recognize and respond to AI-driven tactics. "In this AI-driven era, cyber security teams need to match the pace of attackers by integrating AI into their defenses," added Finkelstein. "This report not only highlights the risks but provides the roadmap for securing AI environments safely and responsibly." The full AI Security Report 2025 is available for download here and join the April 30 livestream for more insights about the report. Follow Check Point via: LinkedIn: (Formerly known as Twitter): About Check Point Software Technologies Ltd. Check Point Software Technologies Ltd. ( is a leading protector of digital trust, utilizing AI-powered cyber security solutions to safeguard over 100,000 organizations globally. Through its Infinity Platform and an open garden ecosystem, Check Point's prevention-first approach delivers industry-leading security efficacy while reducing risk. Employing a hybrid mesh network architecture with SASE at its core, the Infinity Platform unifies the management of on-premises, cloud, and workspace environments to offer flexibility, simplicity and scale for enterprises and service providers. Legal Notice Regarding Forward-Looking Statements This press release contains forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, statements related to our expectations regarding future growth, the expansion of Check Point's industry leadership, the enhancement of shareholder value and the delivery of an industry-leading cyber security platform to customers worldwide. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 2, 2024. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law. MEDIA CONTACT: INVESTOR CONTACT: Liz Wu Kip E. Meintzer Check Point Software Technologies Check Point Software Technologies press@ ir@ in to access your portfolio
