Check Point partners with Hendrick Motorsports to enhance cybersecurity for its technology ecosystem while sponsoring driver Corey Day.
Quiver AI Summary
Check Point Software Technologies has announced a partnership with Hendrick Motorsports to enhance the cyber defenses of the NASCAR team, particularly for its No. 17 Chevrolet car and driver Corey Day. As modern motorsports increasingly relies on digital technology, Check Point's cybersecurity solutions will help protect the organization from evolving digital threats. The partnership includes Check Point becoming an associate sponsor, with branding visible on the race car and team attire. Check Point will provide advanced threat prevention and unified security management to safeguard Hendrick's technology ecosystem, aligning with the team's operations. Both companies emphasize the importance of cybersecurity in high-performance, data-driven environments.
Potential Positives
- Check Point Software Technologies has formed a strategic partnership with Hendrick Motorsports, enhancing their brand visibility in a high-profile sport while also demonstrating their commitment to cybersecurity in the expanding digital landscape of motorsports.
- The partnership includes Check Point becoming an associate sponsor of the No. 17 Chevrolet team, which provides significant marketing exposure through branding on the car and team uniforms during competitive events.
- Check Point will provide advanced cybersecurity solutions to Hendrick Motorsports, positioning the company as a leader in protecting high-performance, data-driven environments against emerging digital threats, which can enhance their reputation within the cybersecurity industry.
- This collaboration highlights Check Point's focus on innovation and partnership in the cybersecurity space, potentially attracting new clients and reinforcing existing customer trust in their solutions.
Potential Negatives
- The press release heavily emphasizes the partnership with Hendrick Motorsports and its cyber defense needs, which may indicate previous weaknesses in their cybersecurity posture or vulnerabilities that could be concerning to potential clients or investors.
- The inclusion of forward-looking statements suggests uncertainty regarding the future performance and growth of Check Point Software Technologies, which could raise red flags for investors.
- The reliance on sponsorship and branding through the motorsports partnership may divert attention from core cybersecurity offerings, potentially weakening the company's focus and messaging in its primary market.
FAQ
What is Check Point's partnership with Hendrick Motorsports about?
Check Point Software Technologies announced a partnership to enhance Hendrick Motorsports’ cybersecurity and protect its technology ecosystem.
How will Check Point enhance Hendrick Motorsports' cybersecurity?
Check Point will provide advanced threat prevention, real-time threat intelligence, and unified security management for Hendrick’s IT environment.
What branding will Check Point utilize with Hendrick Motorsports?
Check Point will be an associate sponsor featuring its branding on the No. 17 Chevrolet race car and team apparel.
What are the primary benefits of this partnership?
The partnership focuses on protecting against cyber threats while allowing Hendrick Motorsports to concentrate on performance and innovation.
Who is Corey Day in relation to this partnership?
Corey Day is a 20-year-old driver for Hendrick Motorsports and will be involved in promoting Check Point as a brand ambassador.
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 323 institutional investors add shares of $CHKP stock to their portfolio, and 383 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added 1,766,774 shares (+28.6%) to their portfolio in Q4 2025, for an estimated $327,842,583
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 1,273,735 shares (-99.3%) from their portfolio in Q3 2025, for an estimated $263,548,508
- ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. removed 1,095,554 shares (-75.8%) from their portfolio in Q4 2025, for an estimated $203,291,000
- FMR LLC removed 1,019,092 shares (-97.0%) from their portfolio in Q3 2025, for an estimated $210,860,325
- INVESCO LTD. removed 767,118 shares (-88.3%) from their portfolio in Q3 2025, for an estimated $158,724,385
- ACADIAN ASSET MANAGEMENT LLC removed 709,898 shares (-27.2%) from their portfolio in Q3 2025, for an estimated $146,884,995
- CITADEL ADVISORS LLC added 637,806 shares (+298.9%) to their portfolio in Q3 2025, for an estimated $131,968,439
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 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Stephens & Co. issued a "Overweight" rating on 01/14/2026
- JP Morgan issued a "Overweight" rating on 09/24/2025
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 10 analysts offer price targets for $CHKP in the last 6 months, with a median target of $217.5.
Here are some recent targets:
- Todd Weller from Stephens & Co. set a target price of $240.0 on 01/14/2026
- Fatima Boolani from Citigroup set a target price of $200.0 on 01/13/2026
- Saket Kalia from Barclays set a target price of $220.0 on 01/05/2026
- Rob Owens from Piper Sandler set a target price of $240.0 on 01/05/2026
- Matthew Hedberg from RBC Capital set a target price of $195.0 on 01/05/2026
- Roger Boyd from UBS set a target price of $215.0 on 10/29/2025
- Patrick Colville from Scotiabank set a target price of $210.0 on 10/29/2025
Full Release
REDWOOD CITY, Calif. & CONCORD, N.C., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader in cyber security solutions, today announced a new official partnership with NASCAR powerhouse Hendrick Motorsports and its No. 17 Chevrolet team to enhance the organization’s cyber defenses and protect its technology ecosystem against evolving digital threats.
As the digital footprint of modern motorsports continues to expand — from data-driven vehicle engineering to connected fan experiences and operational systems — Hendrick Motorsports will leverage Check Point’s cyber platform to safeguard its networks, endpoints, applications, and critical data.
With the new agreement, Check Point will become an associate sponsor of 20-year-old driver Corey Day and the No. 17 Chevrolet as the team competes for the NASCAR O’Reilly Series championship in 2026. Throughout the season, Check Point branding will be featured on the race car, the team’s fire suits, track equipment and other locations.
“In today’s digital landscape, world-class organizations must protect their operations, data, and competitive advantage from ever-evolving cyber threats,” said Rachel Roberts, Americas President, Check Point Software Technologies. “We’re honored to partner with Hendrick Motorsports, bringing our prevention-first cyber security approach to help safeguard their technology and racing ecosystem so the team can stay focused on performance, innovation, and success on and off the track.”
Check Point will provide Hendrick Motorsports with advanced threat prevention, real-time threat intelligence , and unified security management across the team’s diverse IT environment, helping protect against ransomware, malware, phishing, and other cyber risks that threaten competitive advantage and operational continuity.
“Hendrick Motorsports operates in a highly connected, data-driven environment, and protecting our technology ecosystem requires trusted partners with proven expertise,” said Jeff Andrews, president of Hendrick Motorsports. “Check Point brings world-class cyber security capabilities and a collaborative approach that aligns with how we operate as an organization. We know Corey and the No. 17 team will be tremendous brand ambassadors for Check Point, and we’re proud to collaborate with them to to strengthen the protection of our systems, networks and data.”
Check Point’s integrated security platform will help Hendrick Motorsports anticipate, prevent, and respond to emerging threats, while enabling secure collaboration across team members, partners, and technology ecosystems. The partnership underscores the importance of strong cybersecurity measures in high-performance, data-driven environments.
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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 Hendrick Motorsports
Founded by Rick Hendrick in 1984, Hendrick Motorsports is the winningest team in NASCAR Cup Series history. At the sport’s premier level, the organization holds the all-time records in every major statistical category, including championships (15), points-paying race victories (320) and laps led (more than 85,000). It has earned at least one race win in a record 41 different seasons, including an active streak of 40 in a row (1986-2025). The team fields four full-time Chevrolet entries in the NASCAR Cup Series with drivers Alex Bowman, William Byron, Chase Elliott and Kyle Larson, and one in the NASCAR O’Reilly Series with newcomer Corey Day. Headquartered on more than 150 acres in Concord, North Carolina, Hendrick Motorsports employs approximately 500 people. For more information, please visit
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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.
INVESTOR CONTACT:
Kip E. Meintzer
Check Point Software Technologies
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MEDIA CONTACT:
Ana Perez Quiles
Check Point Software Technologies
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