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Qualys Inc (QLYS)


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Upturn Advisory Summary
10/17/2025: QLYS (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $140.65
1 Year Target Price $140.65
4 | Strong Buy |
0 | Buy |
16 | Hold |
2 | Sell |
1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -0.28% | Avg. Invested days 44 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.57B USD | Price to earnings Ratio 25.17 | 1Y Target Price 140.65 |
Price to earnings Ratio 25.17 | 1Y Target Price 140.65 | ||
Volume (30-day avg) 23 | Beta 0.61 | 52 Weeks Range 112.61 - 170.00 | Updated Date 10/19/2025 |
52 Weeks Range 112.61 - 170.00 | Updated Date 10/19/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 5.03 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 29.04% | Operating Margin (TTM) 31.33% |
Management Effectiveness
Return on Assets (TTM) 13.16% | Return on Equity (TTM) 39.53% |
Valuation
Trailing PE 25.17 | Forward PE 19.34 | Enterprise Value 4405935055 | Price to Sales(TTM) 7.17 |
Enterprise Value 4405935055 | Price to Sales(TTM) 7.17 | ||
Enterprise Value to Revenue 6.92 | Enterprise Value to EBITDA 20.57 | Shares Outstanding 36095879 | Shares Floating 35867753 |
Shares Outstanding 36095879 | Shares Floating 35867753 | ||
Percent Insiders 0.55 | Percent Institutions 99.93 |
Upturn AI SWOT
Qualys Inc

Company Overview
History and Background
Qualys Inc. was founded in 1999 and pioneered cloud-based vulnerability management. Initially focused on vulnerability scanning, it expanded its platform to offer a comprehensive suite of security and compliance solutions. It went public in 2012.
Core Business Areas
- Vulnerability Management, Detection and Response (VMDR): Provides continuous vulnerability scanning, prioritization, and remediation workflows.
- Cloud Security Assessment (CSA): Automates security assessments of cloud workloads across various cloud providers.
- Web Application Scanning (WAS): Identifies vulnerabilities in web applications.
- Endpoint Detection and Response (EDR): Offers threat detection and response capabilities for endpoints.
- Cybersecurity Asset Management (CSAM): Enables discovery and management of all IT assets, both on-premise and in the cloud
Leadership and Structure
Sumedh Thakar is the President and CEO. The company operates with a functional organizational structure, with departments focused on engineering, sales, marketing, and customer support.
Top Products and Market Share
Key Offerings
- Vulnerability Management, Detection and Response (VMDR): Provides continuous vulnerability scanning, prioritization, and remediation workflows. It is a leading product with estimated market share around 20% in the vulnerability management market. Competitors include Rapid7, Tenable, and CrowdStrike.
- Cloud Security Assessment (CSA): Automates security assessments of cloud workloads across various cloud providers. Market share is growing rapidly within cloud security. Competitors include Palo Alto Networks, Check Point, and Wiz.
- Web Application Scanning (WAS): Identifies vulnerabilities in web applications. Qualys WAS is a established tool in the WAS market. Competitors include Invicti (Netsparker), Acunetix and Rapid7.
Market Dynamics
Industry Overview
The cybersecurity industry is experiencing rapid growth driven by increasing cyber threats and regulatory compliance requirements. Cloud security, vulnerability management, and endpoint security are key growth areas.
Positioning
Qualys is positioned as a leading provider of cloud-based security and compliance solutions. Its competitive advantage lies in its integrated platform, comprehensive vulnerability database, and ease of deployment.
Total Addressable Market (TAM)
The estimated total addressable market is in the tens of billions of dollars, with cloud security and vulnerability management representing significant portions. Qualys is well-positioned to capture a larger share of this market due to its comprehensive platform.
Upturn SWOT Analysis
Strengths
- Comprehensive cloud-based security platform
- Strong vulnerability database
- Easy deployment and management
- Established brand reputation
- High customer retention rates
Weaknesses
- Can be perceived as expensive compared to point solutions
- Integration with certain third-party tools may be limited
- Sales and Marketing execution can be improved.
- Dependency on a single platform.
Opportunities
- Expanding into new markets (e.g., OT/ICS security)
- Integrating with emerging technologies (e.g., AI/ML)
- Partnerships with cloud providers and MSSPs
- Growing demand for cloud security solutions
- Increasing regulatory compliance requirements
Threats
- Increasing competition from larger cybersecurity vendors
- Emergence of new vulnerabilities and attack vectors
- Economic downturn impacting IT spending
- Rapidly evolving technology landscape
- Data breaches and security incidents
Competitors and Market Share
Key Competitors
- Tenable Holdings Inc (TENB)
- Rapid7 Inc (RPD)
- CrowdStrike Holdings Inc (CRWD)
- Palo Alto Networks Inc (PANW)
Competitive Landscape
Qualys offers a comprehensive and integrated cloud platform, but faces competition from larger vendors with broader portfolios and specialized players with niche solutions. Qualys is strongest in vulnerability management.
Major Acquisitions
Spell Security
- Year: 2021
- Acquisition Price (USD millions): 0
- Strategic Rationale: To expand its endpoint detection and response capabilities by adding innovative detection techniques and automation.
Growth Trajectory and Initiatives
Historical Growth: Qualys has experienced consistent revenue growth over the past several years, driven by increased demand for its cloud-based security solutions.
Future Projections: Analysts predict continued growth for Qualys, driven by the expansion of its product portfolio and increasing adoption of cloud security.
Recent Initiatives: Recent initiatives include expanding its EDR capabilities, enhancing its cloud security offerings, and strengthening its partnerships with cloud providers.
Summary
Qualys is a solid cloud-based security and compliance solutions company with a well-established brand. Its strengths lie in its comprehensive platform and vulnerability database, but it needs to watch out for competition from larger vendors and adapt to the rapidly evolving threat landscape. Expanding into new markets and enhancing its partnerships will be crucial for future growth. The company's comprehensive security platform positions it favorably in a growing market.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings, industry reports, analyst estimates, third-party data providers
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market share estimates are approximate.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Qualys Inc
Exchange NASDAQ | Headquaters Foster City, CA, United States | ||
IPO Launch date 2012-09-28 | President, CEO & Director Mr. Sumedh S. Thakar | ||
Sector Technology | Industry Software - Infrastructure | Full time employees 2484 | Website https://www.qualys.com |
Full time employees 2484 | Website https://www.qualys.com |
Qualys, Inc. provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, SaaS Security Posture Management, Kubernetes, and Container Security. The company's integrated suite of IT, security, and compliance solutions delivered on its Qualys' Enterprise TruRisk Platform that enables customers to identify and manage IT and operational technology assets; collect and analyze IT security data; discover and prioritize vulnerabilities; quantify cyber risk exposure; recommend and implement remediation actions; and verify the implementation of such actions. It also provides asset tagging and management, reporting and dashboards, questionnaires and collaboration, remediation and workflow, big data correlation and analytics engine, and alerts and notifications that enable clients to detect vulnerabilities, and measure and remediate cyber risk. The company offers its solutions to enterprises, government entities, and small and medium-sized businesses in various industries, including education, financial services, government, healthcare, insurance, manufacturing, media, retail, technology, and utilities through its sales teams, as well as through its network of channel partners, such as security consulting organizations, managed service providers, resellers, cloud providers, and consulting firms. Qualys, Inc. was incorporated in 1999 and is headquartered in Foster City, California.

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