JPMorgan Chase & Co. Issues Positive Forecast for Qualys (NASDAQ:QLYS) Stock Price

Qualys (NASDAQ:QLYS) had its price target hoisted by JPMorgan Chase & Co. from $139.00 to $150.00 in a research note issued to investors on Monday,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the software maker’s stock.

QLYS has been the topic of a number of other reports. William Blair cut shares of Qualys from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 28th. Morgan Stanley set a $96.00 price target on shares of Qualys in a research report on Wednesday, May 6th. Weiss Ratings raised shares of Qualys from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 16th. Wedbush lowered their price objective on shares of Qualys from $155.00 to $125.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th. Finally, Truist Financial increased their price objective on shares of Qualys from $85.00 to $160.00 and gave the stock a “hold” rating in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Qualys presently has an average rating of “Hold” and an average target price of $142.53.

Qualys Trading Down 2.0%

Shares of NASDAQ QLYS opened at $134.79 on Monday. Qualys has a twelve month low of $74.51 and a twelve month high of $167.86. The company has a market capitalization of $4.75 billion, a price-to-earnings ratio of 24.20 and a beta of 0.61. The business has a 50 day simple moving average of $125.87 and a 200-day simple moving average of $110.48.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.14. Qualys had a return on equity of 37.15% and a net margin of 29.41%.The business had revenue of $175.64 million for the quarter, compared to analyst estimates of $173.63 million. During the same period in the prior year, the company posted $1.67 EPS. The business’s revenue was up 9.8% compared to the same quarter last year. Qualys has set its FY 2026 guidance at 7.440-7.650 EPS and its Q2 2026 guidance at 1.730-1.800 EPS. As a group, equities analysts predict that Qualys will post 5.47 earnings per share for the current year.

Insider Transactions at Qualys

In other Qualys news, insider Bruce K. Posey sold 1,000 shares of the firm’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $155.00, for a total value of $155,000.00. Following the sale, the insider directly owned 63,571 shares in the company, valued at approximately $9,853,505. This trade represents a 1.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Thomas Berquist sold 939 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $110.75, for a total transaction of $103,994.25. Following the transaction, the director directly owned 6,781 shares of the company’s stock, valued at approximately $750,995.75. This trade represents a 12.16% decrease in their position. 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 73,846 shares of company stock valued at $9,239,073 over the last three months. 0.72% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. First Trust Advisors LP increased its stake in shares of Qualys by 24.1% in the fourth quarter. First Trust Advisors LP now owns 1,372,587 shares of the software maker’s stock valued at $182,417,000 after purchasing an additional 266,924 shares during the period. Geode Capital Management LLC boosted its position in shares of Qualys by 4.0% during the fourth quarter. Geode Capital Management LLC now owns 1,256,002 shares of the software maker’s stock worth $168,380,000 after buying an additional 48,877 shares during the period. Legal & General Group Plc boosted its position in shares of Qualys by 7.0% during the fourth quarter. Legal & General Group Plc now owns 1,156,412 shares of the software maker’s stock worth $153,687,000 after buying an additional 75,397 shares during the period. AQR Capital Management LLC grew its holdings in Qualys by 46.9% in the 2nd quarter. AQR Capital Management LLC now owns 1,012,100 shares of the software maker’s stock worth $144,133,000 after buying an additional 323,324 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in 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 buying an additional 465,952 shares in the last quarter. 99.31% of the stock is 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.