-24%

est. 2Y upside i

Cybersecurity

Rank

#3822

Sector

Cybersecurity

Est. Liquidity

~0Y

Data Quality

Data: High

Qualys, a profitable cybersecurity company with $669M in revenue and 10% YoY growth, is currently valued at approximately $3.5B (5.2x P/S).

Last updated: March 10, 2026

Bull (15%)+80%

Qualys successfully integrates advanced AI capabilities into its platform, expands aggressively into the high-growth cloud security and compliance market, and gains market share from competitors. This drives revenue growth to 15-20% YoY, justifying a market capitalization of $6.3 billion (a 1.8x multiple of the current valuation) within two years.

Base (40%)+25%

Qualys maintains its position in core vulnerability management with modest growth and achieves some traction in cloud security, aligning with its current 10% YoY revenue growth. The company remains profitable, and its valuation multiple holds steady, leading to a market capitalization of $4.375 billion within two years.

Bear (45%)-40%

Increased competition from dominant incumbents like Palo Alto Networks and CrowdStrike, coupled with disruption from faster-moving AI security rivals, leads to further weakening of Qualys' growth outlook and potential margin pressure. This results in a compression of its valuation multiple and a market capitalization decline to $2.1 billion within two years.

Est. time to liquidity~0.0 years

Preference Stack Risk

low

As a publicly traded company, common shareholders do not face liquidation preferences from venture investors.

Dilution Risk

moderate

Dilution primarily stems from ongoing stock-based compensation plans and potential future equity offerings for strategic purposes (e.g., M&A).

Secondary Liquidity

active

Shares are actively traded on NASDAQ, providing immediate liquidity for equity holders.

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

    “Given the stated 'weak 2026 outlook' and the 'high incumbent threat' from larger players like Palo Alto Networks and CrowdStrike, what are Qualys' key strategic initiatives to accelerate growth and defend its market share, particularly in vulnerability management?”

  • 2

    “With the rise of AI-native security platforms, how is Qualys evolving its product roadmap to leverage AI effectively and counter potential disruption to its traditional offerings?”

  • 3

    “As a publicly traded company, how does Qualys balance short-term market expectations with long-term investments needed to compete in a rapidly evolving cybersecurity landscape, and what is the company's philosophy on employee equity value creation?”

Community

Valuation Sentiment

Our model estimates -24% 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.