Check Point Software Technologies Ltd. (CHKP) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript
Check Point is undervalued relative to peers, trading below intrinsic value despite strong financials and AI-driven growth potential. Its evolution toward an AI-centric cybersecurity platform, leveraging its installed base and asset-light model, could accelerate revenue and profit growth if fixed costs remain stable. Current valuation assumes revenue growth doubling to 10% in Year 1, yielding an intrinsic value of $166 per share - a 21% margin of safety over the $137 market price.
Check Point Software Technologies Ltd. (CHKP) is upgraded to Buy as subscription growth accelerates to 12% y/y, reversing prior recurring-revenue softness. CHKP's new AI Network Firewall and Verity products are expected to sustain subscription momentum and drive future recurring revenue growth. Product revenue declined 14% y/y, but easier H2 comps and go-to-market restructuring are positioned to support a recovery in the second half.
| Transportation Infrastructure Industry | Industrials Sector | Brig.Gen. Nadav Zafrir CEO | XDUS Exchange | IL0010824113 ISIN |
| BR Country | 6,825 Employees | - Last Dividend | 13 Feb 2001 Last Split | 28 Jun 1996 IPO Date |
Check Point Software Technologies Ltd. is a global leader in IT security solutions, dedicated to providing a wide array of products and services designed to safeguard IT environments. Founded in 1993 and based in Tel Aviv, Israel, the company has developed a comprehensive security framework that addresses the multifaceted challenges of modern cyber threats. By focusing on a multilayered security approach, Check Point protects information across networks, cloud environments, mobile devices, end points, and the Internet of Things (IoT), ensuring robust protection against sophisticated fifth-generation cyber-attacks. Through its extensive network of distributors, resellers, system integrators, original equipment manufacturers, and managed security service providers, Check Point delivers its cutting-edge security solutions to businesses of all sizes around the world.