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

Shares of Qualys, Inc. (NASDAQ:QLYS) rose 6.7% during trading on Monday . The stock 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.

Wall Street Analyst Weigh In

QLYS has been the topic of several recent research reports. Truist Financial reduced their target price on shares of Qualys from $120.00 to $85.00 and set a “hold” rating on the stock in a report on Friday, April 24th. JPMorgan Chase & Co. cut their price target on shares of Qualys from $113.00 to $87.00 and set an “underweight” rating on the stock in a report on Wednesday, May 6th. Scotiabank cut their price target on shares of Qualys from $135.00 to $100.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 6th. Wedbush cut their price target on shares of Qualys from $155.00 to $125.00 and set an “outperform” rating on the stock in a report on Thursday, May 7th. Finally, Royal Bank Of Canada raised their price target 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. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $122.14.

Qualys Trading Up 0.3%

The business’s 50 day moving average price is $89.67 and its two-hundred day moving average price is $115.57. The stock has a market cap of $3.54 billion, a P/E ratio of 18.01 and a beta of 0.58.

Qualys (NASDAQ:QLYS) last issued its quarterly 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. Qualys had a net margin of 29.41% and a return on equity of 37.15%. The company had revenue of $175.64 million during the quarter, compared to analysts’ expectations of $173.63 million. During the same period last year, the company posted $1.67 EPS. Qualys’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. As a group, analysts expect that Qualys, Inc. will post 5.47 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. RWA Wealth Partners LLC purchased a new position in Qualys in the third quarter worth about $80,820,000. Fuller & Thaler Asset Management Inc. purchased a new position in Qualys in the fourth quarter worth about $78,591,000. Arrowstreet Capital Limited Partnership raised 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 buying an additional 465,952 shares during the last quarter. Alyeska Investment Group L.P. purchased a new position in Qualys in the third quarter worth about $45,854,000. Finally, AQR Capital Management LLC raised its holdings in Qualys by 46.9% in the second quarter. AQR Capital Management LLC now owns 1,012,100 shares of the software maker’s stock worth $144,133,000 after buying an additional 323,324 shares during the last quarter. 99.31% of the stock is owned by hedge funds and other institutional investors.

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.