Qualys (NASDAQ:QLYS) Price Target Raised to $210.00

Key Points

• UBS raised its Qualys price target from $170 to $210, implying about 20% upside, while maintaining a neutral rating.
• Analyst views remain mixed, but the consensus rating is Hold, with an average price target of $193.12.
• Qualys beat quarterly earnings and revenue estimates, with revenue up 10.7% year over year; shares nevertheless fell about $27.51 to $174.95 in Tuesday trading.

Qualys (NASDAQ:QLYS - Get Free Report) had its target price hoisted by equities researchers at UBS Group from $170.00 to $210.00 in a report issued on Tuesday, Benzinga reports. The firm currently has a "neutral" rating on the software maker's stock. UBS Group's target price points to a potential upside of 20.03% from the stock's current price.

A number of other equities research analysts have also recently commented on the stock. Wedbush lifted their price target on shares of Qualys from $175.00 to $185.00 and gave the stock a "neutral" rating in a report on Tuesday. Truist Financial boosted their price target on shares of Qualys from $160.00 to $185.00 and gave the company a "hold" rating in a research report on Wednesday, August 5th. Scotiabank raised their price target on Qualys from $190.00 to $220.00 and gave the stock an "outperform" rating in a report on Wednesday, August 5th. Robert W. Baird raised their price target on Qualys from $160.00 to $210.00 and gave the stock a "neutral" rating in a report on Tuesday. Finally, Northland Securities set a $208.00 target price on Qualys in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Qualys presently has a consensus rating of "Hold" and a consensus price target of $193.12.

Qualys Stock Performance

QLYS traded down $27.51 during mid-day trading on Tuesday, reaching $174.95. 1,179,867 shares of the stock were exchanged, compared to its average volume of 761,051. Qualys has a 1 year low of $74.51 and a 1 year high of $235.54. The company has a 50 day moving average price of $191.07 and a two-hundred day moving average price of $137.06. The stock has a market capitalization of $6.05 billion, a PE ratio of 30.27 and a beta of 0.54.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings data on Monday, November 9th. The software maker reported $2.12 EPS for the quarter, beating the consensus estimate of $1.96 by $0.16. The firm had revenue of $188.05 million during the quarter, compared to analyst estimates of $186.63 million. Qualys had a net margin of 29.38% and a return on equity of 37.52%. The company's revenue for the quarter was up 10.7% on a year-over-year basis. During the same quarter last year, the business posted $1.86 EPS. Sell-side analysts expect that Qualys will post 5.84 EPS for the current fiscal year.

Insider Activity at Qualys

In other news, CFO Joo Mi Kim sold 2,659 shares of the firm's stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $209.66, for a total transaction of $557,485.94. Following the transaction, the chief financial officer directly owned 68,208 shares of the company's stock, valued at approximately $14,300,489.28. This trade represents a 3.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sumedh Thakar sold 3,200 shares of the stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $170.05, for a total value of $544,160.00. Following the sale, the chief executive officer owned 180,338 shares of the company's stock, valued at $30,666,476.90. This represents a 1.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 11,672 shares of company stock valued at $2,192,747. Insiders own 0.72% of the company's stock.

Institutional Trading of Qualys

Several large investors have recently modified their holdings of QLYS. BlackRock Inc. bought a new position in Qualys in the 2nd quarter worth $792,316,000. Legal & General Group Plc bought a new stake in shares of Qualys during the 2nd quarter valued at $197,624,000. Voya Investment Management LLC boosted its holdings in shares of Qualys by 27.2% during the 3rd quarter. Voya Investment Management LLC now owns 663,092 shares of the software maker's stock valued at $124,131,000 after buying an additional 141,603 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Qualys by 127.0% in the first quarter. Arrowstreet Capital Limited Partnership now owns 832,796 shares of the software maker's stock worth $73,161,000 after purchasing an additional 465,952 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Qualys by 6.4% during the first quarter. Dimensional Fund Advisors LP now owns 763,099 shares of the software maker's stock valued at $67,041,000 after purchasing an additional 45,718 shares in the last quarter. 99.31% of the stock is owned by institutional investors.

Key Headlines Impacting Qualys

Here are the key news stories impacting Qualys this week:

• Positive Sentiment: Qualys reported third-quarter revenue of about $188 million, up 11% year over year, and adjusted EPS of $2.12, topping analyst estimates. It also raised its FY2026 revenue outlook to $736.9 million–$738.9 million and forecast Q4 EPS above consensus. Qualys Q3 2026 financial results
• Positive Sentiment: The company expanded its mROC alliance with partners covering mobile, operational technology, IoT and identity security, broadening its risk-management offering. Qualys expands global mROC alliance
• Neutral Sentiment: Analyst target changes were mixed: JPMorgan lowered its target to $215 and Morgan Stanley raised its target to $140 while retaining an underweight rating; RBC, Wedbush, Piper Sandler and Baird also raised targets but maintained neutral or sector-perform ratings.
• Neutral Sentiment: Qualys plans to participate in the UBS Global Technology and AI Conference, an investor-engagement event with no announced financial impact. Qualys investor conference announcement
• Negative Sentiment: Despite the earnings beat and raised annual outlook, reports point to margin concerns and analyst warnings of slower Q4 billings growth. Those concerns appear to be outweighing the headline results and contributing to the negative reaction. Qualys declines as analysts highlight Q4 billings growth slowdown

About Qualys

Qualys, Inc. provides cloud-based security and compliance software to help organizations identify and manage cybersecurity risks. Its platform brings together information about an organization's IT assets and security posture to support vulnerability management, threat detection, and compliance activities. Qualys offers products and services for vulnerability assessment and remediation, cloud security, endpoint protection, web application security, and policy compliance. Its solutions are designed to help customers monitor systems across cloud environments, on-premises infrastructure, and other connected assets.

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