-4%

est. 2Y upside i

Cybersecurity

Rank

#2395

Sector

Cybersecurity

Est. Liquidity

~2Y

Data Quality

Data: Medium

Despite Qualys' strong competitive position and profitability, the low growth rate (13%) and high valuation multiple (8.4x) limit upside potential to only 12% in the base case, while the bear case shows -30% due to competitive pressures.

Last updated: July 21, 2026

Bull (10%)+40%

Exit multiple expands to 10x driven by AI and cloud security tailwinds, despite competitive pressure. Revenue reaches $809M.

Base (45%)+12%

Multiple converges to 8x in line with mature cybersecurity peers. Revenue growth slows to ~7% annually.

Bear (45%)-30%

Multiple compresses to 5x as competition from CrowdStrike and Palo Alto Networks intensifies, and growth disappoints.

Est. time to liquidity~2.0 years

Preference Stack Risk

low

Funding Intensity

0%

Total funding of $28.4M is only 0.5% of current valuation, so preference stack is negligible.

Dilution Risk

low

Company is public and profitable with no expected capital raise in 2 years.

Secondary Liquidity

active

As a public company, shares are traded on Nasdaq with full liquidity.

Other — 1 role

View all 1 open roles at Qualys →

Last updated: February 22, 2026

Questions to Ask at the Interview

Strategic questions based on Qualys's data — designed to show you've done your homework.

  • 1

    “How does Qualys defend against platform consolidation by Palo Alto Networks and CrowdStrike?”

  • 2

    “What is the long-term revenue growth driver beyond vulnerability management?”

  • 3

    “Given the low growth, is the equity compensation sufficient to offset the risk of multiple compression?”

Community

Valuation Sentiment

Our model estimates -4% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.