Check Point Wins Tel Aviv Land Lease Bid

The latest announcement is out from Check Point ( (CHKP) ).

On March 18, 2025, Check Point Software Technologies Ltd. announced their joint bid with Israel Canada (T.R.) Ltd. for a long-term prepaid lease of a land lot in Tel Aviv, Israel. Recently, the Tel Aviv-Jaffa Municipality and the Israel Electric Company Ltd. approved their bid as the winning offer. This development marks a significant achievement for Check Point, potentially enhancing its operational footprint and strategic positioning in Israel.

The most recent analyst rating on (CHKP) stock is a Hold with a $192.00 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.

Check Point’s stock is supported by strong financial fundamentals, evidenced by robust revenue growth and effective cash flow management. Technical indicators suggest a balanced momentum, while the valuation is relatively high, reflecting growth expectations. The recent earnings call confirms continued demand and performance but highlights caution due to increased expenses and potential macroeconomic challenges.

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

More about Check Point

Check Point Software Technologies Ltd. operates in the cybersecurity industry, providing comprehensive security solutions to protect against cyber threats. The company offers a range of products and services, including network security, endpoint protection, cloud security, and mobile security, with a focus on safeguarding businesses and organizations globally.

Average Trading Volume: 898,474

Technical Sentiment Signal: Buy

Current Market Cap: $25.3B

Find detailed analytics on CHKP stock on TipRanks’ Stock Analysis page.