Check Point Gains GigaOm Cloud Security Award as Citi Cuts Price Target to $190
Citigroup cut its price target on Check Point Software Technologies to $190 from $200 and kept a Neutral rating after mixed fourth-quarter results. The company earned Leader and Fast Mover designations in GigaOm Cloud Network Security Radar 2025 for third year, while Diamond Hill Mid Cap Fund exited Q4 position.
1. Mixed Fourth-Quarter Results and Citi Price Target Cut
Citigroup reduced its price target on Check Point from $200 to $190, maintaining a Neutral rating after the company reported mixed fourth-quarter results, with subscription growth offset by hardware sales weakness and intensifying cloud security competition.
2. GigaOm Radar Recognition
For the third consecutive year, Check Point secured Leader and Fast Mover status in the GigaOm Cloud Network Security Radar 2025, with acclaim for its CloudGuard WAF attack prevention, automation-driven policy management and Open Garden integrations across public and private cloud environments.
3. Diamond Hill Mid Cap Fund Exit
Diamond Hill Mid Cap Fund exited its Check Point position in Q4 2025 as part of a strategic shift toward lower-debt, less cyclical stocks, marking notable institutional reallocation despite the company’s continued acclaim in unified cloud security solutions.