Qualys (QLYS) Stock

Qualys (QLYS) could see an increase in its stock price due to rising confidence in its earnings potential, as indicated by its upgrade to a Zacks Rank #2 (Buy).

This Analyst Blog features Five9, Qualys, Zscaler, and VTEX.

This Analyst Blog features Five9, Qualys, Zscaler, and VTEX.

Qualys and Varonis Systems are included in the Zacks Industry Outlook report.

Find out why QLYS being priced lower than usual presents a unique chance for making long-term profits in cybersecurity investments.

Companies in the Zacks Security industry, like QLYS and VRNS, benefit from the rise in data breaches, which leads businesses to look for complete IT security solutions.

QLYS is expanding its customer base thanks to its new and creative products and a strong emphasis on customer satisfaction.

Qualys had impressive earnings in Q3, increased its forecasts, and news about a possible sale boosted its stock price. However, I'm changing my recommendation to Hold because the stock is not as appealing in terms of valuation. The company remains profitable, with no debt, and its net dollar expansion rate has risen to 103%, suggesting a possible recovery, but management does not anticipate significant improvements in Q4.

Qualys, Inc. (QLYS) announced its third-quarter financial results on Tuesday, which were better than anticipated. The company also increased its guidance for the full year 2024.