Qualys (NASDAQ:QLYS) Given New $150.00 Price Target at JPMorgan Chase & Co.

Qualys (NASDAQ:QLYS) had its target price raised by research analysts at JPMorgan Chase & Co. from $139.00 to $150.00 in a report issued on Monday,Benzinga reports. The firm presently has a “neutral” rating on the software maker’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 8.96% from the stock’s previous close.

Other analysts also recently issued research reports about the company. Wedbush decreased their price target on Qualys from $155.00 to $125.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. Canaccord Genuity Group cut their price objective on Qualys from $150.00 to $125.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. TD Cowen boosted their target price on Qualys from $90.00 to $145.00 and gave the stock a “hold” rating in a report on Monday, July 13th. Piper Sandler decreased their target price on Qualys from $135.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Finally, Truist Financial increased their price target on Qualys from $85.00 to $160.00 and gave the company a “hold” rating in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $142.53.

Qualys Stock Performance

Shares of Qualys stock traded up $0.19 during midday trading on Monday, reaching $137.67. 136,762 shares of the company’s stock traded hands, compared to its average volume of 757,836. Qualys has a 52 week low of $74.51 and a 52 week high of $167.86. The company’s 50 day simple moving average is $125.13 and its 200 day simple moving average is $110.44. The company has a market cap of $4.85 billion, a price-to-earnings ratio of 24.71 and a beta of 0.61.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Tuesday, May 5th. The software maker reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.14. The firm had revenue of $175.64 million during the quarter, compared to analysts’ expectations of $173.63 million. Qualys had a net margin of 29.41% and a return on equity of 37.15%. Qualys’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.67 earnings per share. 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 research analysts predict that Qualys will post 5.47 earnings per share for the current year.

Insider Activity at Qualys

In other Qualys news, insider Bruce K. Posey sold 2,384 shares of Qualys stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $100.18, for a total transaction of $238,829.12. Following the sale, the insider directly owned 66,301 shares of the company’s stock, valued at approximately $6,642,034.18. The trade was a 3.47% decrease in their ownership of the stock. The transaction 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, CFO Joo Mi Kim sold 1,627 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $100.17, for a total transaction of $162,976.59. Following the completion of the transaction, the chief financial officer owned 83,211 shares in the company, valued at approximately $8,335,245.87. This trade represents a 1.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 73,846 shares of company stock worth $9,239,073 over the last ninety days. Corporate insiders own 0.72% of the company’s stock.

Institutional Trading of Qualys

A number of hedge funds and other institutional investors have recently modified their holdings of QLYS. Envestnet Portfolio Solutions Inc. raised its position in shares of Qualys by 4.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,985 shares of the software maker’s stock worth $264,000 after acquiring an additional 81 shares during the last quarter. Quadrant Capital Group LLC increased its position in Qualys by 1.8% in the third quarter. Quadrant Capital Group LLC now owns 5,027 shares of the software maker’s stock worth $665,000 after purchasing an additional 88 shares during the period. Captrust Financial Advisors increased its position in Qualys by 4.6% in the second quarter. Captrust Financial Advisors now owns 2,038 shares of the software maker’s stock worth $291,000 after purchasing an additional 90 shares during the period. Covestor Ltd raised its holdings in Qualys by 9.1% during the 4th quarter. Covestor Ltd now owns 1,178 shares of the software maker’s stock worth $156,000 after purchasing an additional 98 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in Qualys by 8.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,231 shares of the software maker’s stock valued at $164,000 after purchasing an additional 101 shares during the period. Institutional investors and hedge funds own 99.31% of the company’s stock.

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.