Check Point Software Expands Share Repurchase Authorization by $2 Billion

An update from Check Point ( (CHKP) ) is now available.

On May 11, 2026, Check Point Software Technologies announced that its board approved a $2.0 billion expansion of the company’s ongoing share repurchase authorization. The move extends a program under which the firm has already bought back about 230 million shares since inception, at a total cost of roughly $17.4 billion, and follows completion of a prior authorization from July 2024 in the second quarter of 2026.

As of March 31, 2026, the cyber security vendor had approximately 104 million ordinary shares outstanding, and it plans to fund future repurchases from available working capital. Shares may be bought in open-market or private transactions, with the pace and scale of purchases dependent on market conditions and other factors, underscoring Check Point’s ongoing capital-return strategy and potentially supporting earnings per share and shareholder value over time.

The most recent analyst rating on (CHKP) stock is a Hold with a $120.00 price target. To see the full list of analyst forecasts on Check Point stock, see the CHKP Stock Forecast page.

Spark’s Take on CHKP Stock

According to Spark, TipRanks’ AI Analyst, CHKP is a Outperform.

CHKP scores well on financial quality, driven by strong margins and cash generation, and the earnings call reinforced solid execution despite a near-term product headwind and reduced revenue outlook. The main drag on the overall score is weak technicals, with the stock in a pronounced downtrend below major moving averages.

To see Spark’s full report on CHKP stock, click here.

More about Check Point

Check Point Software Technologies is a global provider of AI-powered, cloud-delivered cyber security platforms protecting more than 100,000 organizations worldwide. Its Infinity Platform combines Harmony for securing workspaces, CloudGuard for cloud protection, Quantum for network security, and Infinity Core Services for collaborative security operations and services.

The company focuses on enhancing cyber defense efficiency and accuracy by leveraging AI across its product suite. With industry-leading threat detection and proactive defense capabilities, Check Point targets enterprises that require integrated, end-to-end cyber security across networks, cloud environments, and endpoints.

Operating globally and listed on NASDAQ under the ticker CHKP, Check Point serves a broad enterprise and institutional client base. Its unified platform strategy positions it competitively in the rapidly growing IT security market, where demand for AI-augmented, cloud-native security solutions continues to expand.

Average Trading Volume: 1,526,437

Technical Sentiment Signal: Sell

Current Market Cap: $11.98B

For a thorough assessment of CHKP stock, go to TipRanks’ Stock Analysis page.