Qualys, Inc. (QLYS) Stock Analysis
Recovery setup
Technology · Software - Infrastructure
Sell if holding. Analyst target reached at $114.25 — A.R:R is negative (-1.0) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: United States (56.0%).
Qualys provides a cloud-based platform delivering IT security and compliance solutions to enterprises, governments, and SMBs worldwide, with over 10,000 customers including a majority of the Forbes Global 100. Revenue is generated through annual SaaS subscriptions priced on data... Read more
Sell if holding. Analyst target reached at $114.25 — A.R:R is negative (-1.0) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: United States (56.0%). Chart setup: Death cross but MACD improving, RSI 70. Score 5.3/10, high confidence.
Passes 8/11 gates (positive momentum, clean insider activity, positive momentum, no SEC red flags, news events none recent, earnings proximity 50d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
About Qualys, Inc.
About Qualys, Inc.
Qualys reported $669.1 million in revenue in 2025 — up from $607.6 million in 2024 and $554.5 million in 2023 — serving more than 10,000 customers worldwide including a majority of the Forbes Global 100, delivered via 15 global shared cloud deployments. The United States accounted for 56% of 2025 revenues based on billing addresses, down from 58% in 2024 and 60% in 2023. No individual customer represented more than 10% of revenues in any of those three years.
Qualys sells annual subscriptions to 20+ Cloud Apps through direct field sales (targeting enterprises with 5,000+ employees) and inside sales (targeting SMBs), with channel partners — including managed security service providers, value-added resellers, and consulting firms — generating a substantial portion of total revenues. Customers are invoiced for the full subscription at term start with revenue recognized ratably, creating a deferred revenue balance visible in reported results. The platform's 15 shared cloud deployments support globally distributed environments across on-premises, endpoints, cloud, containers, and mobile. Qualys competes with point-tool vendors that require customers to integrate disparate products from multiple security vendors; the company's Enterprise TruRisk Platform ingests telemetry from more than 25 threat intelligence feeds and includes 20,000 pre-built controls across more than 90 regulatory frameworks including PCI DSS, HIPAA, SOX, and NIST.
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Qualys' switching cost is embedded in its unified data architecture: all Cloud Apps share the same scanner, agent, collected data, and user permissions, so organizations subscribing to multiple apps build compliance and vulnerability history within a single dataset. The 10-K notes customers typically deploy one or two solutions initially, with existing accounts serving as 'a strong source of new sales as they expand their scope and increase their subscriptions' — an expansion dynamic that increases exit friction with each additional Cloud App deployed.
See also: Technology · Software - Infrastructure
From Qualys, Inc.'s most recent 10-K filing, extracted June 11, 2026.
Recent developments
updated 2026-06-15Recent Developments — Qualys, Inc.
Latest news
- NEWS Qualys Inc (QLYS) Shares Surge 4.5% -- What GF Score of 83 Tells Investors - GuruFocus — GuruFocus positive
- NEWS Qualys (QLYS) Expected to Announce Earnings on Tuesday - MarketBeat — MarketBeat neutral
- NEWS Qualys (NASDAQ:QLYS) Issues Q2 2026 Earnings Guidance - MarketBeat — MarketBeat neutral
- NEWS Earnings Flash (QLYS) Qualys, Inc. Posts Q1 Adjusted EPS $1.95 per Share, vs. FactSet Est of $1.80 - marketscreener.com — marketscreener.com positive
- NEWS Vanguard Group Inc. Decreases Stock Holdings in Qualys, Inc. $QLYS - MarketBeat — MarketBeat neutral
Generated 2026-06-17T08:56:48Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHGeographicUnited States56%10-K Item 1: 'In 2025, 2024 and 2023, 56%, 58% and 60%, respectively, of our revenues were derived from customers in the United States based on our customers' billing addresses.'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $114.25 — A.R:R is negative (-1.0) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: United States (56.0%). Chart setup: Death cross but MACD improving, RSI 70. Prior stop was $106.32. Score 5.3/10, high confidence.
Take-profit target: $114.18 (-0.1% upside). Prior stop was $106.32. Stop-loss: $106.32.
Concentration risk — Geographic: United States (56.0%); Analyst target reached - limited upside remaining; Leverage penalty (D/E 9.2): -1.5.
Qualys, Inc. trades at a P/E of 20.0 (forward 13.5). TrendMatrix value score: 5.1/10. Verdict: Sell.
30 analysts cover QLYS with a consensus score of 3.3/5. Average price target: $107.
What does Qualys, Inc. do?Qualys provides a cloud-based platform delivering IT security and compliance solutions to enterprises, governments, and...
Qualys provides a cloud-based platform delivering IT security and compliance solutions to enterprises, governments, and SMBs worldwide, with over 10,000 customers including a majority of the Forbes Global 100. Revenue is generated through annual SaaS subscriptions priced on data volume; revenues grew to $669.1M in 2025 from $607.6M in 2024. No single customer accounts for more than 10% of revenues.