Artificial intelligence (AI) is disrupting industries, including cybersecurity and software companies. Despite the threat of AI potentially replacing some software functions, CEO Nikesh Arora of Palo Alto Networks (PANW) reassures investors that AI isn’t a viable substitute for cybersecurity. PANW stock is down 19%, but analysts remain bullish on the company. PANW provides network security products worldwide and is currently trading at a more affordable valuation. The company recently reported strong earnings for the fiscal second quarter of 2026, with revenue up 15% year-over-year. Palo Alto Networks is expanding with acquisitions like Chronosphere and CyberArk, and issued guidance for the third quarter. Analysts have mostly positive ratings for PANW stock, with a mean price target of $209.40, implying potential upside of 41%. Despite short-term software stock weakness, Palo Alto’s CEO remains optimistic, but investors may prefer a long-term approach with PANW stock.

Read more at Yahoo Finance: A CEO Says You Should Ignore the AI Panic and Keeping Buy This 1 Cybersecurity Stock