Wedbush Assumes Check Point Software Tech at Neutral, Announces Price Target of $135

Full Transcript: Check Point Software Q2 2026 Earnings Call

On Thursday, Check Point Software (NASDAQ:CHKP) discussed second-quarter financial results during its earnings call. The full transcript is provided below. This transcript is brought to you by Benzinga APIs. For

Shares of cybersecurity-related companies are trading higher after AI executives from companies including Anthropic, OpenAI and SpaceXAI signaled that the industry's growth may have to be slowed, which may limit threats to software vendors.

PANW Surges 102% in 6 Months: Should You Buy, Sell or Hold the Stock?

Palo Alto Networks (PANW) has surged 102% in six months, driven by strong demand for AI-native cybersecurity solutions, particularly in SASE with 40% bookings growth and 9x increase in agentic traffic. However, rising cloud hosting costs, higher hardware component costs, and a premium valuation of 18.97X forward P/S ratio warrant caution. Zacks recommends a Hold rating despite strong long-term growth prospects.