TD Cowen analyst Shaul Eyal has maintained their neutral stance on QLYS stock, giving a Hold rating today.
Shaul Eyal has given his Hold rating due to a combination of factors surrounding Qualys’s recent performance and future outlook. While the company reported strong first-quarter results, surpassing revenue and earnings per share expectations, there are concerns about the competitive landscape. The management’s slight increase in guidance for the second quarter of 2025 reflects cautious optimism, but the presence of growing competition from legacy vulnerability management providers and emerging companies in the market poses challenges.
Despite the encouraging financial results, including improved operational margins and a stable net retention rate, the macroeconomic uncertainties and elongated sales cycles contribute to a cautious stance. The company’s ability to maintain its highest revenue guidance range for the fiscal year 2025 is noteworthy, yet the competitive pressures and market dynamics warrant a Hold rating to reflect the balanced view of potential risks and opportunities.
In another report released today, D.A. Davidson also reiterated a Hold rating on the stock with a $130.00 price target.