Pre-earnings brief
Reports
Mon, Nov 2, 2026
Est. EPS
—
Est. revenue
—
Implied move
±8.8%
EPS beat rate
88%
Check Point Software Technologies Ltd. (CHKP) is a leading provider of cybersecurity solutions, helping organizations protect their networks and data from cyber threats. As a key player in the Information Technology sector, the company is positioned to benefit from the increasing demand for security solutions in a digital-first world.
Last quarter
In Q2-2026, Check Point reported an EPS of $2.55, significantly exceeding expectations by 30.64%. However, the stock price fell by 8.19% the following day, indicating market skepticism despite the strong earnings.
Management promises and guidance
EPS beat streak
5Q
EPS beat rate
88%
Avg EPS surprise
+29.27%
Avg 1-day reaction
-6.73%
Overall, expectations for Check Point's upcoming earnings are mixed, with recent strong earnings surprises tempered by stock price declines post-reporting.
Bull case
If Check Point can deliver strong EPS and revenue growth, it may regain investor confidence and see a positive stock reaction.
Bear case
Conversely, if the company fails to meet expectations or provides weak guidance, it could face further stock declines.
The print will turn on these.
Q1
What will be the EPS for Q3-2026?
EPS is a key indicator of profitability and will significantly influence investor sentiment and stock performance.
Q2
How does Check Point plan to address recent market challenges?
Understanding the company's strategy to tackle market pressures will be crucial for assessing future growth potential.
—
Est. EPS
$-0.50
Est. Rev
$257M
Impl. Move
±8.7%
Why consensus could be wrong
The Street may underestimate Check Point's ability to capitalize on the growing cybersecurity market, especially given the recent strong earnings surprises.
Supporting evidence
Check Point has consistently beaten EPS estimates in recent quarters, indicating strong operational performance.
The options market is pricing in a significant move, suggesting that traders expect volatility that may not align with consensus.
The company's commitment to expanding its cybersecurity solutions could drive future growth.
Key risk
If Check Point's EPS exceeds $2.75, it could challenge the current bearish sentiment.
Pre-commit to what would confirm each case.
This quarter's performance is critical as it will determine whether Check Point can sustain its growth trajectory amid increasing competition.
Bull confirmed if
A Q3-2026 EPS of $2.75 or higher would confirm the bullish outlook.
Bear confirmed if
An EPS below $2.00 would support the bearish case.
What the market is pricing for the move.
Implied Move
±8.81%
Historical Avg
±10.1%
The options market is pricing in an 8.81% move, indicating that traders expect significant volatility around the earnings announcement.
Options are pricing ±8.8% while CHKP has averaged ±10.1% over the last 8 prints — setup is roughly in line with history.
ATM IV
0.4%
30d HV
36.9%
Smart-money positioning from the most recent 13F filings.
Institutional
76.88%
of float
Insider
24.39%
of float
Holders
969
institutions
Top Holders· as of Jun 2026
Massachusetts Financial Services Co.
8,569,897 sh · $1.1B
8.39%
7.9%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Check Point beats expectations, history suggests a potential stock increase of around 7.15%, confirming a positive outlook.
In line / cautious
If results are in line with expectations, the stock may see muted movement as investors await further guidance.
Miss
A miss could lead to a decline of approximately 3.79%, reflecting ongoing investor caution.
House and Senate STOCK Act disclosures over the trailing 6 months.
Trades
2
0 buys·2 sells
Members
1
House only
Est. Notional
$2,002.00–$30,000.00
disclosed dollar ranges
Most Active Members
2 trades
The lines on the call that would change the story.
Blackrock Inc.
7,083,232 sh · $923.0M
6.94%
9.4%
Acadian Asset Management. LLC
3,555,413 sh · $463.3M
3.48%
122.5%
Ninety One UK Ltd
2,550,778 sh · $332.4M
2.50%
-0.5%
First Trust Advisors LP
2,548,464 sh · $332.1M
2.50%
5.8%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.
Net selling
Recent Transactions
Traded Jun 1, 2026 · disclosed Jun 18, 2026
$1,001.00–$15,000.00
Traded Jun 1, 2026 · disclosed Jul 15, 2026
$1,001.00–$15,000.00
Filed 30–45+ days after the trade. Treat as positional context, not a leading indicator. Amounts are SEC-mandated dollar ranges, not exact values.