Qualys (NASDAQ:QLYS) Issues Quarterly Earnings Results

Qualys (NASDAQ:QLYS) issued its earnings results on Monday. The software maker reported $2.12 EPS for the quarter, topping the consensus estimate of $1.96 by $0.16, FiscalAI reports. The business had revenue of $188.05 million during the quarter, compared to the consensus estimate of $186.63 million. Qualys had a return on equity of 37.52% and a net margin of 29.38%.

Qualys Stock Performance

QLYS traded up $12.05 during trading on Monday, reaching $202.46. The stock had a trading volume of 984,331 shares, compared to its average volume of 759,666. The business has a 50-day moving average of $190.76 and a 200-day moving average of $136.71. Qualys has a one year low of $74.51 and a one year high of $235.54. The stock has a market cap of $7.00 billion, a PE ratio of 35.03 and a beta of 0.54.

Analyst Ratings Changes

Several brokerages recently commented on QLYS. Northland Securities set a $208.00 price objective on shares of Qualys in a research note on Wednesday, August 5th. Wall Street Zen cut shares of Qualys from a “buy” rating to a “hold” rating in a research note on Monday, November 2nd. Jefferies Financial Group increased their target price on shares of Qualys from $150.00 to $185.00 and gave the stock a “hold” rating in a research note on Wednesday, August 5th. Truist Financial raised their price target on shares of Qualys from $160.00 to $185.00 and gave the company a “hold” rating in a report on Wednesday, August 5th. Finally, Morgan Stanley set a $200.00 price target on shares of Qualys in a research report on Tuesday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $185.87.

Qualys News Roundup

Here are the key news stories impacting Qualys this week:

• Positive Sentiment: Qualys reported Q3 revenue of $188.05 million, up 11% year over year and above analyst expectations of $186.63 million. Adjusted EPS of $2.12 also exceeded consensus of $1.96. MarketBeat earnings report
• Positive Sentiment: The company raised its 2026 revenue guidance to $736.9 million–$738.9 million and GAAP diluted EPS guidance to $6.08–$6.15. Net income, operating cash flow, and operating income also increased year over year. Q3 results and guidance
• Positive Sentiment: Qualys expanded its mROC partner program with technology alliances covering mobile, operational technology, IoT, and identity security—an effort to broaden its platform’s reach. mROC alliance announcement
• Negative Sentiment: Despite the beats and raised annual outlook, coverage says shares fell on the revenue outlook. Q4 revenue guidance of $191 million–$193 million implies 9%–10% year-over-year growth, which may have disappointed investors looking for stronger near-term growth. Earnings and revenue outlook coverage
• Negative Sentiment: A separate report noted that insiders made no open-market purchases and recorded 91 sales over the past six months. This may add to caution, though insider transactions alone do not establish the reason for the stock’s reaction. Insider trading data

Insiders Place Their Bets

In other news, CEO Sumedh S. Thakar sold 3,200 shares of the stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $190.36, for a total transaction of $609,152.00. Following the transaction, the chief executive officer directly owned 177,138 shares in the company, valued at approximately $33,719,989.68. This represents a 1.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Bruce Posey sold 881 shares of the stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $189.52, for a total value of $166,967.12. Following the transaction, the insider owned 57,807 shares in the company, valued at $10,955,582.64. This trade represents a 1.50% 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. Insiders own 0.72% of the company’s stock.

Qualys Company Profile

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.