Check Point at Goldman Sachs conference: ai security push takes center stage

On September 9, 2026, Check Point Software Technologies (CHKP) featured a significant focus on AI security at the Goldman Sachs Communacopia + Technology Conference. CEO Kip Hawley explained the company's strategic shift, accepting short-term challenges in exchange for a more robust position in the anticipated AI-driven security refresh cycle.

Despite a 28% year-to-date stock decline and a market cap of $13.72 billion, InvestingPro analysis suggests Check Point is undervalued, ranking it among the platform's most undervalued stocks. The company is reorganizing its sales approach, increasing its sales staff by 300 and netting an additional 150 hires by 2027, with expected productivity growth in 2027.

Product revenue has lagged behind competitors due to disrupted go-to-market strategies and early refresh cycles. Check Point is expanding its AI security lineup, introducing an AI Network Firewall and the AI Defense Plane. The company is flexible about its 40% margin target, citing currency fluctuations, particularly the shekel-dollar rate, as a potential margin influencer.

While management does not anticipate dramatic growth in 2026, they plan to grow new logos in the Global 2000, Fortune 500, and S&P 500 markets, as well as expand within their existing customer base. The company's sales structure is being transformed, with dedicated hunters focusing on new business and account managers concentrating on upselling and cross-selling.

The company's gross profit margins stand at 87%, providing a strong foundation for the planned investments.