Check Point Software Tech

At the Technology Leadership Forum 2026, Check Point unveiled a new AI network firewall and is positioning itself as a growth driver with a comprehensive AI security stack. Management said the sales restructuring weighed on the second quarter but expects a trough in the third quarter and a strong recovery in the fourth quarter. CTEM is the fastest-growing product; unbundled subscription services now account for over 30% of subscription revenue and could long-term rise to around 50%. Check Point considers larger acquisitions possible but does not view M&A as a prerequisite for double-digit growth, and expects 2027 to be the turning point for dedicated AI security budgets. » More on de.investing.com

Check Point Software shares fell 8.1% in premarket trading after Q2 results missed Wall Street revenue estimates and the company lowered its full-year revenue forecast. Preceding reports of analyst downgrades from JPMorgan and Raymond James, as well as insider sales of around $9.6 million, further weighed on investor sentiment. Although the company unveiled a new AI network firewall (software release R82.20), the product announcement was overshadowed by the disappointing financials. The stock dropped to $128.42, approaching the lower end of its 52-week range of $112.23. » More on de.investing.com

Check Point shares fell after Raymond James downgraded the stock from Outperform to Market Perform, following channel checks that showed a broad decline in order intake, a weak deal pipeline and, for the first time, customer churn. Analysts also cited staffing problems at resellers and a gap in endpoint security in an AI-driven market environment. An additional negative note from Cleveland Research on limited upselling opportunities intensified selling pressure; the stock had already lost about 27% over six months and heads into Q2 results on July 30. » More on de.investing.com