Check Point Software announces partnership with HBSE and Washington Commanders for enhanced cybersecurity across major sports properties.
Quiver AI Summary
Check Point Software Technologies has announced a multi-year partnership with Harris Blitzer Sports & Entertainment and the Washington Commanders to enhance cybersecurity for their sports properties, including the Philadelphia 76ers and the New Jersey Devils. As part of this collaboration, Check Point will serve as the presenting partner of the Prudential Center's VIP West Entrance and the Check Point Bar & Grill. This partnership aims to strengthen the cybersecurity infrastructure for HBSE’s digital platforms, ensuring secure and innovative fan experiences. The initiative reflects the increasing importance of cybersecurity in the sports and entertainment sector, with Check Point leveraging its AI-powered solutions to protect these iconic franchises. HBSE, founded by Josh Harris and David Blitzer, includes several major sports franchises and is dedicated to positively impacting its communities.
Potential Positives
- Check Point Software Technologies has established a multi-year partnership with Harris Blitzer Sports & Entertainment and the Washington Commanders, enhancing its presence in the sports and entertainment sector.
- The partnership will allow Check Point to deliver its advanced cybersecurity solutions to major sports properties, including the Philadelphia 76ers and New Jersey Devils, potentially increasing brand visibility and credibility in this market.
- Check Point's collaboration emphasizes its commitment to strengthening cybersecurity measures for organizations that are increasingly reliant on digital infrastructure, positioning the company as a leader in this crucial area.
- The partnership includes branding opportunities at key venues, such as the Prudential Center's VIP entrance and bar, potentially driving further engagement with fans and businesses alike.
Potential Negatives
- Although the partnership aims to enhance cybersecurity, it may highlight existing vulnerabilities in Check Point's offerings if significant security incidents occur with the partnered sports properties.
- The reliance on a high-profile partnership to bolster its market position may indicate a need for Check Point to garner more credibility and visibility in a highly competitive field.
- The emphasis on forward-looking statements could expose Check Point to scrutiny if future performance does not meet the expectations set in the release.
FAQ
What is the new partnership announced by Check Point Software?
Check Point Software has formed a multi-year partnership with Harris Blitzer Sports & Entertainment and the Washington Commanders to enhance cybersecurity across major sports properties.
Which sports teams will benefit from Check Point’s cybersecurity solutions?
The partnership will provide advanced cyber protection for the Philadelphia 76ers, New Jersey Devils, Prudential Center, and Washington Commanders.
How will Check Point enhance fan experiences through this partnership?
Check Point aims to fortify cybersecurity, allowing for improved digital experiences and better data management at events hosted by HBSE.
What does Check Point's Infinity Platform offer?
The Infinity Platform provides a unified management system for on-premises, cloud, and workspace environments, emphasizing security efficacy and risk reduction.
What is the significance of cybersecurity in sports organizations?
Cybersecurity is crucial as sports organizations increasingly rely on digital solutions to enhance collaboration, connectivity, and overall fan engagement.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CHKP Congressional Stock Trading
Members of Congress have traded $CHKP stock 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $CHKP stock by members of Congress over the last 6 months:
- REPRESENTATIVE THOMAS H. KEAN, JR. has traded it 2 times. They made 2 purchases worth up to $65,000 on 08/04, 07/29 and 0 sales.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$CHKP Hedge Fund Activity
We have seen 316 institutional investors add shares of $CHKP stock to their portfolio, and 392 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NORGES BANK added 933,899 shares (+40.7%) to their portfolio in Q2 2025, for an estimated $206,625,153
- BLACKROCK, INC. added 868,958 shares (+15.9%) to their portfolio in Q2 2025, for an estimated $192,256,957
- BESSEMER GROUP INC removed 625,962 shares (-95.1%) from their portfolio in Q2 2025, for an estimated $138,494,092
- SCHRODER INVESTMENT MANAGEMENT GROUP added 603,836 shares (+2413.2%) to their portfolio in Q2 2025, for an estimated $133,598,715
- DNB ASSET MANAGEMENT AS removed 553,008 shares (-47.9%) from their portfolio in Q2 2025, for an estimated $122,353,020
- BOSTON PARTNERS removed 516,203 shares (-15.0%) from their portfolio in Q2 2025, for an estimated $114,209,913
- CITADEL ADVISORS LLC removed 483,083 shares (-69.4%) from their portfolio in Q2 2025, for an estimated $106,882,113
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$CHKP Analyst Ratings
Wall Street analysts have issued reports on $CHKP in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Overweight" rating on 09/24/2025
- Jefferies issued a "Buy" rating on 07/31/2025
- Wells Fargo issued a "Overweight" rating on 07/31/2025
- Scotiabank issued a "Sector Outperform" rating on 07/31/2025
To track analyst ratings and price targets for $CHKP, check out Quiver Quantitative's $CHKP forecast page.
$CHKP Price Targets
Multiple analysts have issued price targets for $CHKP recently. We have seen 12 analysts offer price targets for $CHKP in the last 6 months, with a median target of $215.0.
Here are some recent targets:
- Jonathan Ruykhaver from Cantor Fitzgerald set a target price of $220.0 on 10/22/2025
- Saket Kalia from Barclays set a target price of $220.0 on 10/14/2025
- Patrick Colville from Scotiabank set a target price of $200.0 on 10/06/2025
- Brian Essex from JP Morgan set a target price of $251.0 on 09/24/2025
- Hamza Fodderwala from Morgan Stanley set a target price of $193.0 on 09/02/2025
- Fatima Boolani from Citigroup set a target price of $200.0 on 08/18/2025
- Andrew Nowinski from Wells Fargo set a target price of $225.0 on 07/31/2025
Full Release
REDWOOD CITY, Calif., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd . (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today announced a new multi-year partnership with Harris Blitzer Sports & Entertainment (HBSE) and the Washington Commanders that will deliver advanced cyber protection for premier sports properties, the Philadelphia 76ers (NBA), the New Jersey Devils (NHL), Prudential Center in Newark, N.J., as well as the Washington Commanders (NFL). As part of the agreement, Check Point will become the presenting partner of Prudential Center’s VIP West Entrance and the Check Point Bar & Grill, formerly The Restaurant, on Suite Level One.
Through this collaboration with HBSE’s Global Partnerships division, Check Point will fortify the company’s infrastructure and enhance cybersecurity defense across HBSE digital platforms.
“Sports organizations are becoming digital enterprises, relying on data, collaboration, and connectivity to deliver exceptional fan experiences,” said Bill Diaz, VP of Vertical Solutions Sales at Check Point Software Technologies. “We’re proud to partner with Harris Blitzer Sports & Entertainment and the Washington Commanders to protect these iconic franchises with our AI-powered, prevention-first cyber security solutions.”
“The security of our infrastructure is paramount to our day-to-day operation here at HBSE,” said Sasha Puric, Chief Technology Officer of Harris Blitzer Sports & Entertainment. “Partnering with Check Point will strengthen our cybersecurity foundation, support innovation, and enhance the digital experiences we deliver at our events.”
This partnership underscores Check Point’s growing leadership in securing the global sports and entertainment sector. Through HBSE’s global partnership program, brands and technology leaders can activate across HBSE’s broad and diverse portfolio spanning the NBA, NHL, NASCAR, NFL, and international markets, to elevate fan engagement, expand brand reach worldwide, and create meaningful connections through customized offerings.
Learn more about Check Point’s solutions protecting major events from cyber threats.
About Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (
www.checkpoint.com
) is a leading protector of digital trust, utilizing AI-powered cyber security solutions to safeguard over 100,000 organizations globally. Through its Infinity Platform and an open garden ecosystem, Check Point’s prevention-first approach delivers industry-leading security efficacy while reducing risk. Employing a hybrid mesh network architecture with SASE at its core, the Infinity Platform unifies the management of on-premises, cloud, and workspace environments to offer flexibility, simplicity and scale for enterprises and service providers.
About HBSE
Founded by Josh Harris and David Blitzer in 2017, Harris Blitzer Sports & Entertainment (HBSE) is an industry-leading sports and entertainment group, with a focus on building passionate, high performing teams that strengthen our communities. Anchored in sports, venues and ventures, HBSE’s diverse and global portfolio is centered around marquee assets, including the Philadelphia 76ers, New Jersey Devils and Prudential Center, Washington Commanders, Joe Gibbs Racing, Crystal Palace of the English Premier League, as well as a growing presence across MLB, MLS, youth sports, and more. As proud stewards of some of the world’s most prestigious franchises, brands and properties, HBSE is committed to using its platform to positively impact the local communities where its teams play and perform. For additional information on HBSE, please visit
HBSE.com
.
About the Washington Commanders
The Washington Commanders, owned by a group led by Managing Partner Josh Harris, were founded in 1932 and are one of the original members of the NFL’s Eastern Division. The team – which plays its home games at Northwest Stadium in Landover, MD and trains at the BigBear.ai Performance Center at Commanders Park in Ashburn, Va. – has won five World Championship titles, including Super Bowls XVII, XXII, and XXVI. The franchise’s storied history has 22 members of the Pro Football Hall of Fame, including multiple Hall of Fame coaches and some of the game’s most accomplished players. The Commanders organization prides itself on positively impacting the DMV through the powerful platform of football, working with numerous community groups, charities, and veteran-focused causes each year. Through the Washington Commanders Foundation, the organization provides support and services to more than 179,000 individuals annually, with a focus on children’s education, health, and wellness.
Legal Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, statements related to our expectations regarding future growth, the expansion of Check Point’s industry leadership, the enhancement of shareholder value and the delivery of an industry-leading cyber security platform to customers worldwide. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 17, 2025. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law.
MEDIA CONTACT:
Liz Wu
Check Point Software Technologies
[email protected]