Qualys (NASDAQ:QLYS) Price Target Cut to $85.00 by Analysts at Truist Financial

Qualys (NASDAQ:QLYS) had its price objective cut by Truist Financial from $120.00 to $85.00 in a research report report published on Friday, MarketBeat.com reports. They currently have a hold rating on the software maker’s stock.

Several other brokerages also recently commented on QLYS. Scotiabank reduced their target price on shares of Qualys from $139.00 to $135.00 and set a “sector perform” rating for the company in a report on Friday, February 6th. JPMorgan Chase & Co. lowered their price target on shares of Qualys from $117.00 to $113.00 and set an “underweight” rating on the stock in a report on Friday, February 6th. Zacks Research downgraded shares of Qualys from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. DA Davidson reduced their price objective on Qualys from $135.00 to $125.00 and set a “neutral” rating for the company in a report on Friday, February 6th. Finally, Royal Bank Of Canada decreased their target price on Qualys from $140.00 to $134.00 and set a “sector perform” rating on the stock in a research report on Friday, February 6th. One equities 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $137.77.

Qualys Trading Up 0.4%

QLYS opened at $84.34 on Friday. The stock’s fifty day simple moving average is $91.38 and its 200 day simple moving average is $119.59. Qualys has a 1-year low of $74.51 and a 1-year high of $155.47. The stock has a market cap of $2.98 billion, a PE ratio of 15.50 and a beta of 0.62.

Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Thursday, February 5th. The software maker reported $1.87 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $173.18 million. During the same period in the previous year, the business posted $1.60 earnings per share. The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. Qualys has set its Q1 2026 guidance at 1.760-1.830 EPS and its FY 2026 guidance at 7.170-7.450 EPS. Equities analysts forecast that Qualys will post 5.38 earnings per share for the current year.

Insider Buying and Selling

In other Qualys news, CFO Joo Mi Kim sold 6,799 shares of Qualys stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $128.46, for a total value of $873,399.54. Following the completion of the sale, the chief financial officer owned 88,489 shares in the company, valued at $11,367,296.94. The trade was a 7.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 10,378 shares of company stock worth $1,352,964 over the last 90 days. 0.88% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Nordea Investment Management AB increased its position in shares of Qualys by 62.4% in the fourth quarter. Nordea Investment Management AB now owns 125,636 shares of the software maker’s stock worth $16,769,000 after purchasing an additional 48,267 shares during the period. RWA Wealth Partners LLC bought a new stake in Qualys during the third quarter worth about $80,820,000. Federated Hermes Inc. lifted its position in Qualys by 26.3% during the third quarter. Federated Hermes Inc. now owns 87,217 shares of the software maker’s stock worth $11,541,000 after purchasing an additional 18,164 shares during the period. HighTower Advisors LLC grew its stake in Qualys by 748.6% during the third quarter. HighTower Advisors LLC now owns 31,346 shares of the software maker’s stock worth $4,148,000 after buying an additional 27,652 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH grew its stake in Qualys by 9.8% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 208,832 shares of the software maker’s stock worth $27,754,000 after buying an additional 18,711 shares in the last quarter. 99.31% of the stock is owned by 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.