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

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

Analyst Ratings Changes

A number of analysts have recently issued reports on QLYS shares. Weiss Ratings raised shares of Qualys from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. Royal Bank Of Canada raised their price target on shares of Qualys from $85.00 to $90.00 and gave the company a “sector perform” rating in a report on Wednesday, May 6th. TD Cowen reaffirmed a “hold” rating on shares of Qualys in a report on Tuesday, April 14th. JPMorgan Chase & Co. dropped 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. Finally, Canaccord Genuity Group dropped their price target on shares of Qualys from $150.00 to $125.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $122.14.

Qualys Trading Up 8.4%

The company’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 cap of $3.44 billion, a P/E ratio of 17.53 and a beta of 0.58.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Tuesday, May 5th. The software maker reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.14. Qualys had a net margin of 29.41% and a return on equity of 37.15%. The firm had revenue of $175.64 million for the quarter, compared to analysts’ expectations of $173.63 million. During the same quarter in the prior year, the business earned $1.67 EPS. The business’s quarterly 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. On average, sell-side analysts anticipate that Qualys, Inc. will post 5.47 earnings per share for the current year.

Hedge Funds Weigh In On Qualys

A number of institutional investors have recently bought and sold shares of QLYS. NewEdge Advisors LLC raised its holdings in Qualys by 3,948.0% in the 1st quarter. NewEdge Advisors LLC now owns 2,024 shares of the software maker’s stock worth $255,000 after purchasing an additional 1,974 shares during the period. Sivia Capital Partners LLC bought a new position in shares of Qualys in the second quarter worth about $292,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Qualys by 3,218.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 531 shares of the software maker’s stock worth $76,000 after buying an additional 515 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Qualys by 482.0% in the second quarter. EverSource Wealth Advisors LLC now owns 646 shares of the software maker’s stock worth $92,000 after buying an additional 535 shares during the period. Finally, Amundi raised its stake in shares of Qualys by 47.1% in the second quarter. Amundi now owns 21,365 shares of the software maker’s stock worth $3,076,000 after buying an additional 6,844 shares during the period. 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.