On September 15, Qualys rose 5.71% in regular trading, trading at 182.37 USD/share, with turnover of approximately $41.10 million. The stock continued its rebound for a second consecutive session, driven by a broad-based surge across the cybersecurity sector.
On the news front, the cybersecurity sector has been rallying sharply, with leading North American cybersecurity firms delivering better-than-expected earnings, validating strong demand for AI-driven security products. Major peers posted significant gains, including CrowdStrike rising 13.85% to a record high with its market cap surpassing $240 billion, Zscaler up 16.52%, SentinelOne up 14.48%, and Palo Alto Networks up 13.09%. Meanwhile, reports emerged that NVIDIA, Palantir, and Booz Allen Hamilton are pressing OpenAI and Anthropic for enhanced safety guarantees, further boosting cybersecurity sentiment.
Qualys, a cloud-based IT security and compliance solutions provider, had previously dropped approximately 7% on September 11 after Wedbush downgraded its rating from Outperform to Neutral, despite raising the price target to $175 from $125. The current analyst consensus stands at Hold with a mean target of $179.75. Following two consecutive sessions of gains, the stock has fully recovered that decline and reached new highs.
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