Check Point share price down 30% in 2026

Check Point Software's stock has fallen 29.6% since the start of 2026, closing Friday at a market cap of $13.3 billion. The company reports Q2 results Thursday; analysts expect revenue of $675 million (up 1.5%) and non-GAAP EPS of $2.45. Analysts cite challenges in recruiting corporate customers and organizational changes.

Check Point Software Technologies' share price has dropped 29.6% since the start of 2026, closing Friday at a market cap of $13.3 billion, despite a 3.6% gain on Friday. The company, led by CEO Nadav Zafrir, will publish its second quarter financial results on Thursday. Analysts expect revenue of $675 million, reflecting modest growth of 1.5% from the corresponding quarter of 2025, and non-GAAP earnings per share of $2.45, up from $2.37. Cantor Fitzgerald analyst Jonathan Ruykhaver identified challenges in recruiting new customers despite aggressive attempts, noting a lack of performance among corporate customers. Jefferies analyst Joseph Gallo mentioned challenges from marketing and sales organization changes that affected the previous quarter's results. He believes the company received a 'yellow card' and needs to present orders in line with consensus to avoid a 'red card,' which he considers achievable due to improvement and price increases. Gallo maintains a 'buy' recommendation with a price target of $160, a 22.5% premium on the current price.