Check Point Software Technologies: A Cheapest Valuation in Years

Check Point Software Technologies (CHKP) is a highly profitable cybersecurity company trading at its cheapest valuation in years. The company has a strong balance sheet, consistently delivers 6% top-line growth, and is aggressively positioning itself in AI-powered security. Despite modest revenue CAGR, GAAP net income jumped 25% in FY2025. CHKP trades at 17-18x GAAP earnings and 14-15x non-GAAP, well below its historical range and sector peers. Long-term, accelerating subscription growth and AI expansion could drive the stock toward $220-$240 in the medium term and potentially $350+ by 2028-2030.