Truist Financial Issues Pessimistic Forecast for Qualys (NASDAQ:QLYS) Stock Price

Qualys (NASDAQ:QLYS) had its target price reduced by analysts at Truist Financial from $120.00 to $85.00 in a research note issued to investors on Friday, MarketBeat.com reports. The brokerage presently has a “hold” rating on the software maker’s stock. Truist Financial’s target price would suggest a potential upside of 0.78% from the company’s previous close.

A number of other research analysts also recently commented on the stock. TD Cowen reissued a “hold” rating on shares of Qualys in a research report on Tuesday, April 14th. Scotiabank lowered their price target on shares of Qualys from $139.00 to $135.00 and set a “sector perform” rating on the stock in a report on Friday, February 6th. Zacks Research cut shares of Qualys from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Wedbush restated an “outperform” rating and issued a $155.00 price target on shares of Qualys in a report on Friday, February 6th. Finally, Canaccord Genuity Group set a $150.00 price target on shares of Qualys in a report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Qualys presently has a consensus rating of “Hold” and a consensus target price of $137.77.

Qualys Stock Performance

NASDAQ QLYS opened at $84.34 on Friday. The company has a market capitalization of $2.98 billion, a price-to-earnings ratio of 15.50 and a beta of 0.62. The company’s 50-day simple moving average is $91.38 and its two-hundred day simple moving average is $119.53. Qualys has a one year low of $74.51 and a one year high of $155.47.

Qualys (NASDAQ:QLYS) last posted its earnings results on Thursday, February 5th. The software maker reported $1.87 EPS for the quarter, beating analysts’ consensus estimates of $1.78 by $0.09. The business had revenue of $175.28 million for the quarter, compared to the consensus estimate of $173.18 million. Qualys had a net margin of 29.64% and a return on equity of 37.65%. The company’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.60 EPS. 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 expect that Qualys will post 5.38 earnings per share for the current fiscal year.

Insider Buying and Selling at Qualys

In other news, CFO Joo Mi Kim sold 6,799 shares of the firm’s 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 sale, the chief financial officer directly owned 88,489 shares in the company, valued at approximately $11,367,296.94. This trade represents a 7.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last quarter, insiders have sold 10,378 shares of company stock valued at $1,352,964. 0.88% of the stock is currently owned by company insiders.

Institutional Trading of Qualys

Institutional investors have recently bought and sold shares of the stock. Strive Financial Group LLC acquired a new stake in Qualys in the 4th quarter worth approximately $27,000. Northwestern Mutual Wealth Management Co. boosted its stake in Qualys by 204.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker’s stock worth $28,000 after purchasing an additional 143 shares in the last quarter. GHP Investment Advisors Inc. acquired a new stake in Qualys in the 3rd quarter worth approximately $29,000. Versant Capital Management Inc boosted its stake in Qualys by 451.0% in the 3rd quarter. Versant Capital Management Inc now owns 270 shares of the software maker’s stock worth $36,000 after purchasing an additional 221 shares in the last quarter. Finally, Allworth Financial LP boosted its stake in Qualys by 86.8% in the 3rd quarter. Allworth Financial LP now owns 284 shares of the software maker’s stock worth $38,000 after purchasing an additional 132 shares in the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.

Qualys Company Profile

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.