Qualys (NASDAQ:QLYS) Price Target Lowered to $85.00 at Truist Financial

Key Points

• Truist lowered its price target on Qualys from $120 to $85 and kept a "hold" rating, implying roughly a 1.14% upside from the prior close.
• Analyst views are mixed: the consensus is an average "Hold" rating with an average price target of $137.77, after several firms trimmed targets while a few maintained outperform/underweight calls.
• Qualys beat Q4 estimates (EPS $1.87 vs. $1.78) with 10.1% revenue growth, provided Q1 and FY2026 EPS guidance, and its stock trades near $84 with a market cap around $3.0 billion.

Qualys (NASDAQ:QLYS - Get Free Report) had its price target lowered by investment analysts at Truist Financial from $120.00 to $85.00 in a report released on Friday,Benzinga reports. The firm presently has a "hold" rating on the software maker's stock. Truist Financial's price target would indicate a potential upside of 1.14% from the company's previous close.

Several other research firms have also recently weighed in on QLYS. Scotiabank decreased their price objective on shares of Qualys from $139.00 to $135.00 and set a "sector perform" rating on the stock in a research report on Friday, February 6th. Wedbush restated an "outperform" rating and set a $155.00 price objective on shares of Qualys in a research report on Friday, February 6th. Royal Bank Of Canada reduced their target price on Qualys from $140.00 to $134.00 and set a "sector perform" rating on the stock in a research note on Friday, February 6th. TD Cowen reaffirmed a "hold" rating on shares of Qualys in a research note on Tuesday, April 14th. Finally, JPMorgan Chase & Co. reduced their price objective on Qualys from $117.00 to $113.00 and set an "underweight" rating on the stock in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $137.77.

Qualys Stock Performance

Qualys stock traded up $0.01 during midday trading on Friday, reaching $84.05. 119,604 shares of the stock were exchanged, compared to its average volume of 731,263. Qualys has a 52 week low of $74.51 and a 52 week high of $155.47. The firm has a market cap of $3.00 billion, a PE ratio of 15.39 and a beta of 0.62. The company's fifty day moving average is $91.79 and its 200-day moving average is $119.90.

Qualys (NASDAQ:QLYS - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The software maker reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.09. Qualys had a net margin of 29.64% and a return on equity of 37.65%. The firm had revenue of $175.28 million for the quarter, compared to analysts' expectations of $173.18 million. During the same quarter in the prior year, the firm posted $1.60 earnings per share. The business's quarterly revenue was up 10.1% on a year-over-year basis. Qualys has set its Q1 2026 guidance at 1.760-1.830 EPS and its FY 2026 guidance at 7.170-7.450 EPS. On average, sell-side analysts anticipate that Qualys will post 5.38 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Joo Mi Kim sold 6,799 shares of the firm's stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $128.46, for a total value of $873,399.54. Following the sale, the chief financial officer directly owned 88,489 shares of the company's stock, valued at $11,367,296.94. This trade represents a 7.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 10,378 shares of company stock valued at $1,352,964 over the last quarter. 0.88% of the stock is owned by company insiders.

Hedge Funds Weigh In On Qualys

Hedge funds have recently made changes to their positions in the business. Strive Financial Group LLC purchased a new position in Qualys during the 4th quarter valued at $27,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Qualys by 204.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker's stock valued at $28,000 after purchasing an additional 143 shares in the last quarter. GHP Investment Advisors Inc. bought a new position in Qualys in the third quarter worth about $29,000. Versant Capital Management Inc lifted its holdings in Qualys by 451.0% in the third quarter. Versant Capital Management Inc now owns 270 shares of the software maker's stock worth $36,000 after buying an additional 221 shares during the period. Finally, Allworth Financial LP boosted its position in Qualys by 86.8% during the 3rd quarter. Allworth Financial LP now owns 284 shares of the software maker's stock valued at $38,000 after acquiring an additional 132 shares in the last quarter. 99.31% of the stock is owned by hedge funds and other institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.