Check Point’s Cloud is Growing

From Yahoo Finance: 2025-03-28 06:54:00

Check Point (CHKP) develops and sells IT security solutions, with strong adoption of cloud security products. Q4 2024 revenue hit $704 million, annual revenue nearly $2.6 billion, surpassing expectations. Non-GAAP EPS at $2.70 for the quarter, $9.60 for the year. Stock up 24% this year, with institutional volumes showing strong investor demand.

Big Money investors betting heavily on Check Point, with institutional support and strong fundamental backdrop. Earnings growth, little debt, solid profits. EPS estimated to rise by +9.4% this year. Stock has a track record of strong financial performance, making it a top-rated stock at MAPsignals.

Check Point’s inclusion of AI and post-quantum encryption in cloud solutions is driving growth. Company bought back $325 million of shares in Q4, $1.3 billion for the year. Stock up 24% this year, with strong institutional support and a healthy fundamental story. Big Money demand pushing shares higher.



Read more at Yahoo Finance: Check Point’s Cloud is Growing