Over the past 3 months, 11 analysts have published their opinion on Check Point Software (NASDAQ:CHKP) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Check Point Software (NASDAQ:CHKP) has outperformed the market over the past 15 years by 5.1% on an annualized basis producing an average annual return of 13.03%. Currently, Check Point Software has a market capitalization of $18.72 billion.
Check Point Software (NASDAQ:CHKP) has outperformed the market over the past 15 years by 4.97% on an annualized basis producing an average annual return of 12.92%. Currently, Check Point Software has a market capitalization of $18.46 billion.
Wedbush's cybersecurity channel checks with enterprise CISOs revealed higher threat levels leading to "eye-popping" spending and budgets in the field.
Growing cyber threats and the enterprises' cloud and digital shift served as a big boost for the cybersecurity sector, making it a focus sector for tech investors.