Wedbush analyst Daniel Ives maintained a Buy rating on Qualys (NASDAQ:QLYS) on Sunday, setting a price target of $140, which is approximately 14.30% above the present share price of $122.49.
Ives expects Qualys to post earnings per share (EPS) of $0.58 for the fourth quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Qualys, with an average price target of $116.4.
The analysts price targets range from a high of $140 to a low of $99.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $93.07 million and a net profit of $26.3 million. The company's market cap is $4.86 billion.
According to TipRanks.com, Wedbush analyst Daniel Ives is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 33.5% and a 76.70% success rate.
Qualys, Inc. engages in the provision of cloud security and compliance solutions. Its products enable organizations to identify security risks to information technology infrastructures; help protect information technology systems and applications from cyber attacks; and achieve compliance with internal policies and external regulations. The firm also offers solutions through a software-as-a-service model, primarily with renewable annual subscriptions. The company was founded by Philippe F. Courtot on December 30, 1999 and is headquartered in Foster City, CA.