Wedbush Lowers Qualys (NASDAQ:QLYS) Price Target to $125.00

Qualys (NASDAQ:QLYS) had its price objective dropped by equities research analysts at Wedbush from $155.00 to $125.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the software maker’s stock. Wedbush’s price objective points to a potential upside of 32.58% from the company’s current price.

Other analysts have also recently issued reports about the company. William Blair cut Qualys from an “outperform” rating to a “market perform” rating in a research report on Tuesday, April 28th. Wall Street Zen cut Qualys from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Morgan Stanley set a $96.00 target price on Qualys in a research report on Wednesday. Weiss Ratings cut Qualys from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 17th. Finally, Royal Bank Of Canada increased their price objective on Qualys from $85.00 to $90.00 and gave the stock a “sector perform” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Qualys has an average rating of “Hold” and a consensus price target of $122.14.

Qualys Stock Down 0.7%

Shares of NASDAQ QLYS opened at $94.28 on Thursday. The stock has a market cap of $3.32 billion, a PE ratio of 16.93 and a beta of 0.58. Qualys has a 52-week low of $74.51 and a 52-week high of $155.47. The business has a 50-day moving average price of $90.24 and a 200 day moving average price of $117.56.

Qualys (NASDAQ:QLYS) last announced its earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.14. The firm had revenue of $175.64 million during the quarter, compared to analysts’ expectations of $173.63 million. Qualys had a return on equity of 37.15% and a net margin of 29.41%.The business’s revenue was up 9.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.67 EPS. Qualys has set its FY 2026 guidance at 7.440-7.650 EPS and its Q2 2026 guidance at 1.730-1.800 EPS. Sell-side analysts anticipate that Qualys will post 5.38 earnings per share for the current year.

Hedge Funds Weigh In On Qualys

A number of large investors have recently modified their holdings of the business. Envestnet Portfolio Solutions Inc. raised its stake in shares of Qualys by 4.3% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,985 shares of the software maker’s stock worth $264,000 after buying an additional 81 shares in the last quarter. Quadrant Capital Group LLC increased its stake in Qualys by 1.8% in the 3rd quarter. Quadrant Capital Group LLC now owns 5,027 shares of the software maker’s stock valued at $665,000 after purchasing an additional 88 shares in the last quarter. Illinois Municipal Retirement Fund raised its holdings in Qualys by 0.7% during the third quarter. Illinois Municipal Retirement Fund now owns 12,868 shares of the software maker’s stock worth $1,703,000 after purchasing an additional 90 shares during the last quarter. Captrust Financial Advisors raised its holdings in Qualys by 4.6% during the second quarter. Captrust Financial Advisors now owns 2,038 shares of the software maker’s stock worth $291,000 after purchasing an additional 90 shares during the last quarter. Finally, Covestor Ltd raised its holdings in Qualys by 9.1% during the fourth quarter. Covestor Ltd now owns 1,178 shares of the software maker’s stock worth $156,000 after purchasing an additional 98 shares during 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.