Analysts Expect IETC Will Reach $82
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 02 2024
0mins
Source: NASDAQ.COM
- Analyst Target Price Comparison: ETFs' holdings compared against analyst 12-month target prices to determine implied target price for the ETF.
- IETC Analysis: Implied analyst target price for iShares U.S. Tech Independence Focused ETF (IETC) is $82.41 per unit, with 9.62% upside from recent trading price.
- Underlying Holdings: Notable upside seen in Zoom Video Communications Inc (ZM), Qualys, Inc. (QLYS), and Nasdaq Inc (NDAQ) based on analyst targets.
- Stock Performance: Chart comparing 12-month price history of ZM, QLYS, and NDAQ provided.
- Investor Considerations: Questions raised about analysts' justification for targets and potential impact on future stock performance.
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Analyst Views on QLYS
Wall Street analysts forecast QLYS stock price to rise
16 Analyst Rating
3 Buy
11 Hold
2 Sell
Hold
Current: 113.670
Low
117.00
Averages
141.15
High
165.00
Current: 113.670
Low
117.00
Averages
141.15
High
165.00
About QLYS
Qualys, Inc. is a provider of a cloud-based platform delivering information technology (IT), security and compliance solutions. The Company’s integrated suite of IT, security and compliance solutions delivered on Qualys' Enterprise TruRisk Platform enables its customers to identify and manage their IT and operational technology (OT) assets, collect, and analyze large amounts of IT security data, recommend, and implement remediation actions and verify the implementation of such actions. The Company provides its solutions through a software-as-a-service model, primarily with renewable annual subscriptions. Its cloud platform offers an integrated suite of solutions that automates the lifecycle of asset discovery and management, security and compliance assessments, and remediation for an organization’s IT infrastructure and assets, whether such infrastructure and assets reside inside the organization, on their network perimeter, on endpoints or in the cloud.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Qualys Director Sells Shares Amid Market Concerns
- Share Sale Details: Director Thomas Berquist sold 939 shares of Qualys on June 12, 2026, for approximately $104,000, representing 12.16% of his direct holdings, reducing his position from 7,720 to 6,781 shares, indicating a cautious outlook on the company's future.
- Transaction Context: This sale marks Berquist's third open-market transaction in the past year, with trade sizes increasing as his remaining capacity declined by 23.71%, reflecting a strategic response to market volatility.
- Market Performance and Outlook: Although Qualys shares have fallen from a 52-week high of $155.47 reached in 2025, the company reported a 10% year-over-year revenue increase to $175.6 million in Q1, indicating ongoing growth potential in the cloud security sector.
- Investor Considerations: Berquist's sale was part of a pre-arranged Rule 10b5-1 trading plan adopted in February 2026 to avoid insider trading accusations, and despite the market's lukewarm reception to Qualys's 2026 sales growth guidance of only 8% to 9%, the company's proactive cybersecurity strategy may attract new customers.
See More
Qualys Board Member Sells Shares Amid Market Fluctuations
- Transaction Scale Analysis: Board member Thomas Berquist sold 939 shares of Qualys on June 12, 2026, for approximately $104,000, marking the largest open-market sale in the past year, surpassing previous sales of 656 and 512 shares, indicating a proactive approach to reducing his holdings.
- Holding Proportion Change: This sale represented 12.16% of Berquist's direct holdings, a notable increase from previous sales which ranged from 6.22% to 7.38%, suggesting a reassessment of his stake in light of current market conditions and potential future trends.
- Market Reaction and Pricing: The shares were sold at $110.75 each, slightly below the market close of $111.24 on June 12, 2026, and 3.4% under the closing price of $114.65 on June 15, indicating cautious sentiment surrounding Qualys stock amid broader market fluctuations.
- Company Performance and Outlook: Despite the stock's decline due to market volatility, Qualys reported a 10% year-over-year revenue increase to $175.6 million in Q1, and its new cybersecurity strategy could attract more customers, potentially exceeding its 2026 sales growth forecast.
See More
Winmill & Co. Inc. Acquires Stake in Qualys
- New Investment Move: Winmill & Co. Inc. initiated a new position in Qualys by purchasing 88,641 shares in Q1 2026, valued at approximately $9.82 million, indicating confidence in the company's future growth potential.
- Asset Allocation Insight: Qualys now represents 2.2464% of Winmill's 13F reportable assets, reflecting a strategic increase in investment within the cybersecurity sector, which suggests a bullish outlook on the industry.
- Market Performance Assessment: As of May 13, 2026, Qualys shares were priced at $86.50, down 36.75% over the past year, yet with a P/E ratio dropping to 15, it may have caught Winmill's attention as a potential investment opportunity.
- Industry Outlook: Despite challenges such as slowing revenue growth and rising operating expenses, the resurgence of interest in cybersecurity stocks due to AI advancements could bode well for Qualys, with Winmill's investment signaling optimistic expectations for the company's future performance.
See More
Qualys Achieves FedRAMP High Authorization for TotalCloud Solution
- Security Solution Upgrade: Qualys' TotalCloud solution has achieved FedRAMP High Authorization sponsored by the U.S. Drug Enforcement Agency (DEA), marking its leadership in cloud security and meeting stringent security requirements for federal agencies and highly regulated industries.
- Unified Cloud Security Platform: Now part of the Qualys Government Platform, TotalCloud offers integrated risk prioritization, compliance monitoring, and threat detection from code to cloud, helping organizations accelerate compliance and reduce cyber risk, thereby enhancing security operations efficiency.
- Compliance Acceleration: By inheriting pre-validated controls, TotalCloud enables federal agencies to streamline authorization processes, minimize audit complexity, and gain rapid access to highly regulated federal environments, ensuring the security of sensitive workloads.
- Strategic Significance: Qualys CEO Sumedh Thakar stated that this authorization not only underscores the company's commitment to mission velocity but also aligns with the government's Cloud Smart strategy, ensuring cyber defenders can gain the upper hand against AI-driven threats.
See More
Qualys Announces Investor Meeting Schedule
- Investor Meeting Schedule: On May 11, 2026, Qualys will host an investor meeting in Foster City, California, where management will participate in a fireside chat and hold one-on-one meetings with interested investors, aiming to enhance engagement and increase market visibility.
- Live Webcast Availability: During the fireside chat, Qualys will provide a live webcast through its investor relations page, ensuring that global investors can access real-time updates on the company's developments, thereby enhancing transparency and information sharing.
- Broad Customer Base: Qualys boasts over 10,000 subscription customers, including a majority of the Forbes Global 100 and Fortune 100 companies, demonstrating its market leadership in cloud security and compliance solutions, which further solidifies its brand influence.
- Platform Advantages: The Qualys Enterprise TruRisk Platform continuously delivers critical security intelligence through a single agent, enabling enterprises to automate vulnerability detection and compliance management, thereby enhancing IT system security and operational efficiency, resulting in significant cost savings and improved business outcomes.
See More
Qualys Q1 2026 Earnings Call Insights
- Revenue Growth: Qualys reported a 10% increase in Q1 revenue to $175.6 million, with channel partners contributing 52% of total revenue, indicating success in its partnership-driven business model.
- Stable Profitability: Adjusted EBITDA reached $83.3 million, maintaining a 47% margin, despite an 8% rise in operating expenses driven by sales and marketing investments, demonstrating the company's ability to sustain profitability while expanding.
- Optimistic Outlook: Management raised full-year revenue guidance to $721 million to $727 million and EPS expectations to $7.44 to $7.65, reflecting confidence in future growth prospects.
- Product Innovation: The newly launched Agent Val is now generally available, and combined with the automated remediation capabilities of the ETM platform, is expected to enhance customer risk management efficiency, further solidifying the company's competitive edge in cybersecurity.
See More
Qualys Director Sells Shares Amid Market Concerns
- Share Sale Details: Director Thomas Berquist sold 939 shares of Qualys on June 12, 2026, for approximately $104,000, representing 12.16% of his direct holdings, reducing his position from 7,720 to 6,781 shares, indicating a cautious outlook on the company's future.
- Transaction Context: This sale marks Berquist's third open-market transaction in the past year, with trade sizes increasing as his remaining capacity declined by 23.71%, reflecting a strategic response to market volatility.
- Market Performance and Outlook: Although Qualys shares have fallen from a 52-week high of $155.47 reached in 2025, the company reported a 10% year-over-year revenue increase to $175.6 million in Q1, indicating ongoing growth potential in the cloud security sector.
- Investor Considerations: Berquist's sale was part of a pre-arranged Rule 10b5-1 trading plan adopted in February 2026 to avoid insider trading accusations, and despite the market's lukewarm reception to Qualys's 2026 sales growth guidance of only 8% to 9%, the company's proactive cybersecurity strategy may attract new customers.
See More
Qualys Board Member Sells Shares Amid Market Fluctuations
- Transaction Scale Analysis: Board member Thomas Berquist sold 939 shares of Qualys on June 12, 2026, for approximately $104,000, marking the largest open-market sale in the past year, surpassing previous sales of 656 and 512 shares, indicating a proactive approach to reducing his holdings.
- Holding Proportion Change: This sale represented 12.16% of Berquist's direct holdings, a notable increase from previous sales which ranged from 6.22% to 7.38%, suggesting a reassessment of his stake in light of current market conditions and potential future trends.
- Market Reaction and Pricing: The shares were sold at $110.75 each, slightly below the market close of $111.24 on June 12, 2026, and 3.4% under the closing price of $114.65 on June 15, indicating cautious sentiment surrounding Qualys stock amid broader market fluctuations.
- Company Performance and Outlook: Despite the stock's decline due to market volatility, Qualys reported a 10% year-over-year revenue increase to $175.6 million in Q1, and its new cybersecurity strategy could attract more customers, potentially exceeding its 2026 sales growth forecast.
See More
Winmill & Co. Inc. Acquires Stake in Qualys
- New Investment Move: Winmill & Co. Inc. initiated a new position in Qualys by purchasing 88,641 shares in Q1 2026, valued at approximately $9.82 million, indicating confidence in the company's future growth potential.
- Asset Allocation Insight: Qualys now represents 2.2464% of Winmill's 13F reportable assets, reflecting a strategic increase in investment within the cybersecurity sector, which suggests a bullish outlook on the industry.
- Market Performance Assessment: As of May 13, 2026, Qualys shares were priced at $86.50, down 36.75% over the past year, yet with a P/E ratio dropping to 15, it may have caught Winmill's attention as a potential investment opportunity.
- Industry Outlook: Despite challenges such as slowing revenue growth and rising operating expenses, the resurgence of interest in cybersecurity stocks due to AI advancements could bode well for Qualys, with Winmill's investment signaling optimistic expectations for the company's future performance.
See More
Qualys Achieves FedRAMP High Authorization for TotalCloud Solution
- Security Solution Upgrade: Qualys' TotalCloud solution has achieved FedRAMP High Authorization sponsored by the U.S. Drug Enforcement Agency (DEA), marking its leadership in cloud security and meeting stringent security requirements for federal agencies and highly regulated industries.
- Unified Cloud Security Platform: Now part of the Qualys Government Platform, TotalCloud offers integrated risk prioritization, compliance monitoring, and threat detection from code to cloud, helping organizations accelerate compliance and reduce cyber risk, thereby enhancing security operations efficiency.
- Compliance Acceleration: By inheriting pre-validated controls, TotalCloud enables federal agencies to streamline authorization processes, minimize audit complexity, and gain rapid access to highly regulated federal environments, ensuring the security of sensitive workloads.
- Strategic Significance: Qualys CEO Sumedh Thakar stated that this authorization not only underscores the company's commitment to mission velocity but also aligns with the government's Cloud Smart strategy, ensuring cyber defenders can gain the upper hand against AI-driven threats.
See More
Qualys Announces Investor Meeting Schedule
- Investor Meeting Schedule: On May 11, 2026, Qualys will host an investor meeting in Foster City, California, where management will participate in a fireside chat and hold one-on-one meetings with interested investors, aiming to enhance engagement and increase market visibility.
- Live Webcast Availability: During the fireside chat, Qualys will provide a live webcast through its investor relations page, ensuring that global investors can access real-time updates on the company's developments, thereby enhancing transparency and information sharing.
- Broad Customer Base: Qualys boasts over 10,000 subscription customers, including a majority of the Forbes Global 100 and Fortune 100 companies, demonstrating its market leadership in cloud security and compliance solutions, which further solidifies its brand influence.
- Platform Advantages: The Qualys Enterprise TruRisk Platform continuously delivers critical security intelligence through a single agent, enabling enterprises to automate vulnerability detection and compliance management, thereby enhancing IT system security and operational efficiency, resulting in significant cost savings and improved business outcomes.
See More
Qualys Q1 2026 Earnings Call Insights
- Revenue Growth: Qualys reported a 10% increase in Q1 revenue to $175.6 million, with channel partners contributing 52% of total revenue, indicating success in its partnership-driven business model.
- Stable Profitability: Adjusted EBITDA reached $83.3 million, maintaining a 47% margin, despite an 8% rise in operating expenses driven by sales and marketing investments, demonstrating the company's ability to sustain profitability while expanding.
- Optimistic Outlook: Management raised full-year revenue guidance to $721 million to $727 million and EPS expectations to $7.44 to $7.65, reflecting confidence in future growth prospects.
- Product Innovation: The newly launched Agent Val is now generally available, and combined with the automated remediation capabilities of the ETM platform, is expected to enhance customer risk management efficiency, further solidifying the company's competitive edge in cybersecurity.
See More
