Recorded on 05/28/25
TD Cowen analyst Shaul Eyal speaks with Check Point Software's Kip Meintzer, Global Head of IR from TD Cowen's 53rd Annual TMT conference about the company's renewed momentum and solid market trends as the company is quickly moving to regain market share. The combination of a recently incoming CEO with a strong VC and operational background and a large TAM opportunity should enable the company to revert to double digit growth rate longer term. A healthy cash position is being utilized to broaden the company's security platform through tuck-in acquisitions and a clockwork buyback plan is viewed favorably as good cash utilization. The shift to adopt hybrid security platforms, rise of Gen-AI, compliance, and regulation, as well as a current firewall refresh cycle is providing the industry and the company with the necessary visible growth drivers keeping us positive on the shares.
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TD Cowen Insights