Qualys (NASDAQ:QLYS) Announces Earnings Results

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

Qualys Price Performance

Shares of NASDAQ:QLYS traded up $12.05 during trading on Monday, reaching $202.46. 984,331 shares of the company were exchanged, compared to its average volume of 759,666. Qualys has a 12-month low of $74.51 and a 12-month high of $235.54. The firm has a market capitalization of $7.00 billion, a PE ratio of 35.03 and a beta of 0.54. The business’s fifty day simple moving average is $190.76 and its 200-day simple moving average is $136.71.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on QLYS shares. Morgan Stanley set a $200.00 price objective on Qualys in a report on Tuesday, October 13th. Yorkville Ives began coverage on Qualys in a report on Monday, October 5th. They issued an “outperform” rating and a $230.00 target price on the stock. Robert W. Baird set a $160.00 price target on shares of Qualys in a report on Wednesday, August 5th. Scotiabank upped their price target on Qualys from $190.00 to $220.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Finally, DA Davidson increased their price objective on shares of Qualys from $135.00 to $165.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $185.87.

Key Stories Impacting Qualys

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

Insider Transactions at Qualys

In other Qualys news, CFO Joo Mi Kim sold 2,659 shares of the stock in a transaction 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 sale, the chief financial officer owned 68,208 shares of the company’s stock, valued at approximately $14,300,489.28. This trade represents a 3.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sumedh S. Thakar sold 3,200 shares of the company’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $170.05, for a total value of $544,160.00. Following the sale, the chief executive officer owned 180,338 shares of the company’s stock, valued at $30,666,476.90. This trade represents a 1.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 11,672 shares of company stock valued at $2,192,747. 0.72% of the stock is currently owned by corporate insiders.

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.