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

Qualys (NASDAQ:QLYS) had its target price cut by stock analysts at JPMorgan Chase & Co. from $113.00 to $87.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has an “underweight” rating on the software maker’s stock. JPMorgan Chase & Co.‘s target price would indicate a potential downside of 4.23% from the stock’s current price.

QLYS has been the subject of several other research reports. Truist Financial cut their price target on Qualys from $120.00 to $85.00 and set a “hold” rating for the company in a report on Friday, April 24th. Wall Street Zen cut Qualys from a “buy” rating to a “hold” rating in a report on Saturday. DA Davidson cut their price target on Qualys from $135.00 to $125.00 and set a “neutral” rating for the company in a report on Friday, February 6th. TD Cowen reaffirmed a “hold” rating on shares of Qualys in a report on Tuesday, April 14th. Finally, William Blair cut Qualys from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $124.29.

Qualys Price Performance

Shares of NASDAQ QLYS traded down $1.30 during trading hours on Wednesday, hitting $90.84. 1,171,677 shares of the company’s stock were exchanged, compared to its average volume of 748,376. Qualys has a 1-year low of $74.51 and a 1-year high of $155.47. The stock has a market capitalization of $3.21 billion, a price-to-earnings ratio of 16.70 and a beta of 0.58. The company’s 50-day moving average price is $89.99 and its 200-day moving average price is $118.04.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings data on Tuesday, May 5th. The software maker reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.14. Qualys had a return on equity of 37.65% and a net margin of 29.64%.The business had revenue of $175.64 million during the quarter, compared to analysts’ expectations of $173.66 million. During the same quarter in the previous year, the firm earned $1.67 EPS. The firm’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. On average, research analysts expect that Qualys will post 5.38 earnings per share for the current year.

Hedge Funds Weigh In On Qualys

A number of hedge funds have recently modified their holdings of QLYS. NewEdge Advisors LLC raised its holdings in shares of Qualys by 3,948.0% in the 1st quarter. NewEdge Advisors LLC now owns 2,024 shares of the software maker’s stock worth $255,000 after buying an additional 1,974 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Qualys in the 2nd quarter worth approximately $292,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Qualys by 3,218.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 531 shares of the software maker’s stock worth $76,000 after buying an additional 515 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Qualys by 482.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 646 shares of the software maker’s stock worth $92,000 after buying an additional 535 shares in the last quarter. Finally, Amundi raised its holdings in shares of Qualys by 47.1% in the 2nd quarter. Amundi now owns 21,365 shares of the software maker’s stock worth $3,076,000 after buying an additional 6,844 shares in the last quarter. 99.31% of the stock is owned by institutional investors and hedge funds.

Qualys News Roundup

Here are the key news stories impacting Qualys this week:

• Positive Sentiment: Q1 beat and outlook lift — Q1 EPS $1.95 vs $1.81 est; revenue $175.6M (up 9.8% YoY). Company raised Q2 and FY‑2026 guidance (EPS and revenue ranges), giving investors clearer upside to estimates. Qualys Announces First-Quarter 2026 Financial Results
• Positive Sentiment: Converge partnership expands go‑to‑market and creates new insurance‑linked revenue opportunities by rewarding customers for proven cyber posture — a commercial catalyst for ETM/TruRisk adoption. Qualys and Converge Launch Joint Offering
• Positive Sentiment: Channel strength and ETM/CSAM uptake cited by management as drivers of the beat and justify the modest guidance lift, supporting recurring revenue durability and margins. Zacks: Qualys Q1 Earnings Beat on Channel Strength and ETM Uptake
• Neutral Sentiment: Full earnings call transcript and slide deck are available for deeper product/metric color — useful for investors parsing ARR growth cadence and product mix shifts. Qualys Q1 2026 Earnings Transcript Slide Deck
• Negative Sentiment: Analysts remain cautious — several firms (Needham, William Blair) maintained Hold ratings, arguing the guidance lift is modest and long‑term growth visibility remains uncertain, which can cap multiple expansion. Needham Maintains Hold William Blair Maintains Hold
• Negative Sentiment: Valuation debate — some investors are questioning whether AI/risk initiatives and the Converge tie‑up justify higher multiples today, contributing to selling pressure despite operational beats. Qualys AI Risk Push And Converge Tie Up Spark Valuation Debate

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.