Qualys, Inc. (NASDAQ:QLYS) Stock Has Consensus Target Price of $173.87 According to Brokerages

Qualys, Inc. (NASDAQ:QLYS) has earned an average recommendation of “Hold” from the seventeen ratings firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eleven have assigned a hold recommendation, three have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $173.87.

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of Qualys from $139.00 to $150.00 and gave the company a “neutral” rating in a research note on Monday, July 27th. DA Davidson increased their price objective on Qualys from $135.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Robert W. Baird set a $160.00 price objective on Qualys in a report on Wednesday, August 5th. Jefferies Financial Group lifted their target price on Qualys from $150.00 to $185.00 and gave the company a “hold” rating in a research report on Wednesday, August 5th. Finally, Northland Securities set a $208.00 target price on Qualys in a report on Wednesday, August 5th.

Insider Buying and Selling

In other Qualys news, Director Wendy Pfeiffer sold 500 shares of the firm’s stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $158.19, for a total value of $79,095.00. Following the completion of the sale, the director directly owned 12,210 shares in the company, valued at $1,931,499.90. This trade represents a 3.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Joo Mi Kim sold 1,627 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $153.04, for a total value of $248,996.08. Following the completion of the sale, the chief financial officer directly owned 75,743 shares of the company’s stock, valued at $11,591,708.72. The trade was a 2.10% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 7,941 shares of company stock worth $1,326,739 in the last three months. Corporate insiders own 0.72% of the company’s stock.

Hedge Funds Weigh In On Qualys

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Qualys during the second quarter valued at about $792,316,000. Legal & General Group Plc acquired a new position in shares of Qualys in the 2nd quarter worth approximately $197,624,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Qualys by 127.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 832,796 shares of the software maker’s stock worth $73,161,000 after acquiring an additional 465,952 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Qualys by 6.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 763,099 shares of the software maker’s stock worth $67,041,000 after purchasing an additional 45,718 shares during the period. Finally, Renaissance Technologies LLC boosted its position in shares of Qualys by 3.6% during the 1st quarter. Renaissance Technologies LLC now owns 497,600 shares of the software maker’s stock worth $43,714,000 after purchasing an additional 17,300 shares during the period. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Qualys Stock Up 4.4%

QLYS stock opened at $202.42 on Wednesday. Qualys has a 52 week low of $74.51 and a 52 week high of $204.40. The company has a fifty day simple moving average of $180.98 and a two-hundred day simple moving average of $135.09. The firm has a market capitalization of $7.00 billion, a P/E ratio of 35.02 and a beta of 0.60.

Qualys (NASDAQ:QLYS) last announced its earnings results on Tuesday, August 4th. The software maker reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.20. The firm had revenue of $182.18 million during the quarter, compared to analysts’ expectations of $178.57 million. Qualys had a return on equity of 37.52% and a net margin of 29.38%. The company’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.68 EPS. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. As a group, analysts anticipate that Qualys will post 5.84 EPS for the current year.

About Qualys

Qualys, Inc provides cloud-based information technology, security and compliance solutions for organizations worldwide. Its platform is designed to help businesses identify, assess and manage security vulnerabilities across their networks, endpoints, cloud environments and web applications.

The company’s offerings include vulnerability management, asset inventory, security and compliance assessment, web application security, endpoint detection and response, and cloud security capabilities.