PomegraCheck Point Stock Falls 7% Premarket After Revenue Miss
Why is Check Point stock down today?
Check Point Software (CHKP) stock fell 7% in premarket trading on Monday from a $152.11 close after missing Q3 revenue estimates, with its CEO saying recovery is taking longer than anticipated.
Key numbers
| Q3 revenue | $669.8M-1% YoY |
|---|---|
| Security subscriptions revenue | $339M+11% YoY |
| Q4 revenue guidance | $720M–$770Mvs ~$787M Street estimate |
| Share buybacks in Q3 | $325M~2.5M shares |
| Partners meeting expectations | 39%from 50% prior quarter |
| Stock YTD (premarket, per [4]) | ~-18%prior close $152.11 |
What happened
Check Point Software (CHKP) stock fell 7% in premarket trading on Monday from a $152.11 close after missing Q3 revenue estimates, with its CEO saying recovery is taking longer than anticipated. Sales for the quarter were $669.8 million, down 1% from a year ago and just under the roughly $672 million analysts expected. Profit per share of $2.49 matched forecasts. By late morning the drop had narrowed to about 5%, near $145 a share. Brokerage TD Cowen also cut its rating to Market Perform from Outperform.
Why it matters
Check Point is one of the best-known makers of firewalls, the security gear that protects company networks, so its slow recovery is a signal for the whole sector. Customers are buying fewer new firewall devices, while its subscription services keep growing. Its own sales forecast for the next quarter also came in below what analysts had hoped for. That has left investors less sure about when growth will return.
Who this affects
- MarketbearishMedium impact
- Cybersecurity investors face another post-earnings sell-off after Fortinet's drop.
- CompanybearishMedium impact
- Shareholders see a delayed recovery and a downgrade from TD Cowen.
- CompetitorsmixedLow impact
- Rivals may gain share, but peers also fell recently.
- IndustrymixedLow impact
- Firewall hardware demand looks weak; software subscriptions keep growing.
Check Point vs Fortinet, Palo Alto Networks, Zscaler
How we got here
Check Point raises firewall prices 12–20%.
Fortinet plunges after earnings, dragging security peers lower.
Check Point misses Q3 revenue estimates; shares fall and TD Cowen downgrades.
What to watch
- Whether Q4 revenue lands inside the $720M–$770M guided range and confirms Q3 as the low pointQ1 2027
- Whether firewall price increases and device refresh activity lift product salesQ4 2026
- Check Point's target for subscription revenue to exceed $1.5B in 20272027
Educational content only. Not investment advice.
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