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Investing.com - Jefferies has raised its price target on Qualys (NASDAQ:QLYS) to $150.00 from $140.00 while maintaining a Hold rating on the cybersecurity firm’s stock. According to InvestingPro data, the stock currently trades at a P/E ratio of 26.4x, with an impressive gross profit margin of 81.8%.
The price target increase follows Qualys’ second-quarter results, which Jefferies characterized as "better than feared," with the company beating revenue expectations by $2.9 million.
Qualys has raised its full-year 2025 revenue guidance by $6.5 million, which exceeded the amount of the second-quarter revenue beat.
Current billings grew 8% year-over-year, showing modest acceleration quarter-over-quarter but falling short of consensus estimates of 9.8% growth.
Jefferies noted that Qualys’ current billings guidance of 6-8% year-over-year growth for 2025 is modestly above consensus and will ultimately determine revenue shape in 2026, leaving the firm’s 2026 estimates relatively unchanged.
In other recent news, Qualys Inc . reported robust financial results for the second quarter of 2025, surpassing Wall Street expectations. The company achieved an earnings per share of $1.68, which was higher than the projected $1.47, marking a 14.29% positive surprise. Additionally, Qualys reported revenue of $164.1 million, exceeding the anticipated $161.24 million. These results reflect strong performance in the recent quarter. Despite the positive earnings and revenue figures, other developments about the company’s stock movement were noted but not detailed here. Investors and analysts are likely to consider these financial outcomes in their evaluations. These recent developments highlight Qualys’s financial performance in the second quarter.
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