Qualys, Inc. (NASDAQ:QLYS) Given Average Rating of "Hold" by Brokerages

Key Points

• Qualys has an average analyst rating of "Hold" from 17 brokerages, with a 12-month average price target of about $122.14.
• Several firms recently cut their price targets on QLYS, including Scotiabank and Piper Sandler to $100, while DA Davidson lowered its target to $125 and Morgan Stanley set a $96 target.
• The stock was trading around $94.28, and the company recently reported better-than-expected quarterly earnings of $1.95 per share on revenue of $175.64 million, up 9.8% year over year.

Shares of Qualys, Inc. (NASDAQ:QLYS - Get Free Report) have earned an average recommendation of "Hold" from the seventeen brokerages that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $122.1429.

A number of analysts have recently weighed in on QLYS shares. Scotiabank cut their price objective on Qualys from $135.00 to $100.00 and set a "sector perform" rating on the stock in a research report on Wednesday. Piper Sandler cut their price objective on Qualys from $135.00 to $100.00 and set a "neutral" rating on the stock in a research report on Wednesday. DA Davidson cut their price objective on Qualys from $135.00 to $125.00 and set a "neutral" rating on the stock in a research report on Friday, February 6th. Canaccord Genuity Group cut their price objective on Qualys from $150.00 to $125.00 and set a "buy" rating on the stock in a research report on Wednesday. Finally, Morgan Stanley set a $96.00 price objective on Qualys in a research report on Wednesday.

Qualys Stock Down 0.7%

Shares of NASDAQ QLYS opened at $94.28 on Friday. Qualys has a 52-week low of $74.51 and a 52-week high of $155.47. The business's 50 day moving average is $90.24 and its two-hundred day moving average is $117.56. The firm has a market cap of $3.32 billion, a price-to-earnings ratio of 16.93 and a beta of 0.58.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The software maker reported $1.95 earnings per share for the quarter, topping analysts' consensus estimates of $1.81 by $0.14. Qualys had a return on equity of 37.15% and a net margin of 29.41%.The business had revenue of $175.64 million for the quarter, compared to analyst estimates of $173.63 million. During the same quarter in the prior year, the company earned $1.67 earnings per share. The company's revenue was up 9.8% on a year-over-year basis. Qualys has set its FY 2026 guidance at 7.440-7.650 EPS and its Q2 2026 guidance at 1.730-1.800 EPS. Analysts anticipate that Qualys will post 5.38 EPS for the current fiscal year.

Institutional Trading of Qualys

A number of large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew 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 worth $67,041,000 after purchasing an additional 45,718 shares in the last quarter. KBC Group NV grew its stake in shares of Qualys by 251.3% during the first quarter. KBC Group NV now owns 27,958 shares of the software maker's stock worth $2,456,000 after purchasing an additional 20,000 shares in the last quarter. Aurora Investment Counsel grew its stake in shares of Qualys by 3.7% during the first quarter. Aurora Investment Counsel now owns 19,142 shares of the software maker's stock worth $1,682,000 after purchasing an additional 689 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of Qualys during the first quarter worth $301,000. Finally, Illinois Municipal Retirement Fund grew its stake in shares of Qualys by 12.6% during the first quarter. Illinois Municipal Retirement Fund now owns 18,041 shares of the software maker's stock worth $1,585,000 after purchasing an additional 2,025 shares in the last quarter. Hedge funds and other institutional investors own 99.31% of the company's stock.

About Qualys

Qualys, Inc NASDAQ: QLYS is a leading provider of cloud-based security and compliance solutions designed to help organizations streamline their IT security programs. Operating on a unified, modular platform, Qualys offers continuous visibility into global IT assets through a combination of lightweight cloud agents and on-premises scanner appliances. The platform supports an array of security and compliance use cases, enabling real-time detection of vulnerabilities, policy violations and misconfigurations across on-premises, cloud and hybrid environments.

The company's flagship Qualys Cloud Platform delivers a suite of integrated applications, including vulnerability management, detection and response (VMDR), policy compliance, web application scanning, file integrity monitoring, asset inventory and container security.

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