Qualys (NASDAQ:QLYS) Trading Up 6.7% – Still a Buy?

Qualys, Inc. (NASDAQ:QLYS)’s stock price was up 6.7% during mid-day trading on Monday . The company traded as high as $95.65 and last traded at $96.0480. Approximately 207,332 shares changed hands during trading, a decline of 72% from the average daily volume of 749,556 shares. The stock had previously closed at $90.02.

Analyst Ratings Changes

A number of research analysts have issued reports on QLYS shares. Truist Financial reduced their price objective on shares of Qualys from $120.00 to $85.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. Royal Bank Of Canada upped their price objective on shares of Qualys from $85.00 to $90.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 6th. Piper Sandler decreased their price objective on shares of Qualys from $135.00 to $100.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Wedbush decreased their price objective on shares of Qualys from $155.00 to $125.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. Finally, Weiss Ratings upgraded shares of Qualys from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $122.14.

Qualys Stock Performance

The stock’s 50-day moving average price is $89.67 and its two-hundred day moving average price is $115.93. The stock has a market capitalization of $3.44 billion, a PE ratio of 17.53 and a beta of 0.58.

Qualys (NASDAQ:QLYS) last released its earnings results 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. The firm had revenue of $175.64 million for the quarter, compared to the consensus estimate of $173.63 million. Qualys had a net margin of 29.41% and a return on equity of 37.15%. The company’s revenue was up 9.8% compared to the same quarter last year. 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. On average, analysts predict that Qualys, Inc. will post 5.47 earnings per share for the current fiscal year.

Institutional Trading of Qualys

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. NewEdge Advisors LLC grew its position in Qualys by 3,948.0% during the 1st quarter. NewEdge Advisors LLC now owns 2,024 shares of the software maker’s stock valued at $255,000 after purchasing an additional 1,974 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Qualys during the 2nd quarter valued at about $292,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Qualys by 3,218.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 531 shares of the software maker’s stock valued at $76,000 after buying an additional 515 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Qualys by 482.0% during the second quarter. EverSource Wealth Advisors LLC now owns 646 shares of the software maker’s stock valued at $92,000 after buying an additional 535 shares during the last quarter. Finally, Amundi grew its holdings in shares of Qualys by 47.1% during the second quarter. Amundi now owns 21,365 shares of the software maker’s stock valued at $3,076,000 after buying an additional 6,844 shares during the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Qualys Company Profile

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.