Qualys (NASDAQ:QLYS) Given New $185.00 Price Target at Piper Sandler

Qualys (NASDAQ:QLYS) had its target price boosted by research analysts at Piper Sandler from $175.00 to $185.00 in a report released on Tuesday, Benzinga reports. The firm presently has a “neutral” rating on the software maker’s stock. Piper Sandler‘s price target would suggest a potential downside of 8.62% from the stock’s current price.

Several other analysts have also commented on QLYS. Wall Street Zen lowered shares of Qualys from a “buy” rating to a “hold” rating in a research report on Monday, November 2nd. Wedbush lowered Qualys from an “outperform” rating to a “neutral” rating and set a $175.00 price objective for the company. in a research report on Thursday, September 10th. Morgan Stanley set a $200.00 target price on Qualys in a research note on Tuesday, October 13th. Royal Bank Of Canada lifted their target price on Qualys from $145.00 to $180.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 5th. Finally, Weiss Ratings upgraded Qualys from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $189.87.

Qualys Price Performance

Shares of QLYS stock opened at $202.46 on Tuesday. The firm’s 50-day moving average is $191.07 and its two-hundred day moving average is $137.06. Qualys has a 12 month low of $74.51 and a 12 month high of $235.54. The company has a market capitalization of $7.01 billion, a PE ratio of 35.03 and a beta of 0.54.

Qualys (NASDAQ:QLYS) last posted its earnings results on Monday, November 9th. The software maker reported $2.12 earnings per share for the quarter, beating the consensus estimate of $1.96 by $0.16. Qualys had a net margin of 29.38% and a return on equity of 37.52%. The company had revenue of $188.05 million for the quarter, compared to analyst estimates of $186.63 million. During the same period in the previous year, the business posted $1.86 EPS. Qualys’s revenue was up 10.7% on a year-over-year basis. Sell-side analysts forecast that Qualys will post 5.84 EPS for the current year.

Insiders Place Their Bets

In other news, insider Bruce Posey sold 881 shares of the business’s stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $189.52, for a total value of $166,967.12. Following the sale, the insider directly owned 57,807 shares of the company’s stock, valued at approximately $10,955,582.64. The trade was a 1.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Joo Mi Kim sold 2,659 shares of the company’s stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $209.66, for a total transaction of $557,485.94. Following the completion of the transaction, the chief financial officer owned 68,208 shares in the company, valued at approximately $14,300,489.28. This represents a 3.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 11,672 shares of company stock valued at $2,192,747 over the last 90 days. 0.72% of the stock is owned by company insiders.

Institutional Trading of Qualys

A number of institutional investors and hedge funds have recently added to or reduced their stakes in QLYS. Sei Investments Co. raised its holdings in Qualys by 28.8% in the first quarter. Sei Investments Co. now owns 47,295 shares of the software maker’s stock valued at $4,155,000 after acquiring an additional 10,569 shares in the last quarter. Quantinno Capital Management LP lifted its stake in Qualys by 306.4% in the first quarter. Quantinno Capital Management LP now owns 36,253 shares of the software maker’s stock worth $3,185,000 after acquiring an additional 27,333 shares during the last quarter. Handelsbanken Fonder AB grew its holdings in Qualys by 63.5% during the 2nd quarter. Handelsbanken Fonder AB now owns 17,251 shares of the software maker’s stock worth $2,372,000 after acquiring an additional 6,700 shares in the last quarter. Park State Asset Management acquired a new position in Qualys during the 2nd quarter worth approximately $5,942,000. Finally, Chase Investment Counsel Corp acquired a new stake in shares of Qualys in the 2nd quarter valued at $2,749,000. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Qualys News Roundup

Here are the key news stories impacting Qualys this week:

• Positive Sentiment: Q3 revenue rose 10.7% year over year to $188.05 million, ahead of estimates, while adjusted EPS of $2.12 beat the $1.96 consensus. Qualys also raised its 2026 revenue outlook to $736.9–$738.9 million and adjusted EPS outlook to $8.07–$8.14. Article: Qualys Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Qualys expanded its global mROC alliance with partners covering mobile, operational technology/IoT, and identity security. The broader ecosystem could strengthen its risk-management offerings, though the impact is likely longer term. Article: Qualys Expands Global mROC Alliance
• Negative Sentiment: Despite the earnings beat and raised guidance, shares declined after the company’s revenue outlook failed to satisfy investor expectations. Qualys forecast fourth-quarter revenue of $191–$193 million, implying 9%–10% growth; the market reaction suggests investors wanted a stronger growth outlook. Article: Qualys Earnings Beat. Cybersecurity Stock Falls On Revenue Outlook.

About Qualys

Qualys, Inc provides cloud-based security and compliance software to help organizations identify and manage cybersecurity risks. Its platform brings together information about an organization’s IT assets and security posture to support vulnerability management, threat detection, and compliance activities.

Qualys offers products and services for vulnerability assessment and remediation, cloud security, endpoint protection, web application security, and policy compliance. Its solutions are designed to help customers monitor systems across cloud environments, on-premises infrastructure, and other connected assets.

Founded in 1999, Qualys is headquartered in Foster City, California, and serves customers around the world.