Qualys

QLYS

Market cap $3B

The biggest names in cybersecurity—firms like CrowdStrike Holdings Inc. NASDAQ: CRWD—win a lot of investor interest, but some of the most resilient businesses in the industry may go unnoticed. With the rapid growth of AI and newfound concerns about cybersecurity threats, including via the Iran war and Anthropic's latest model Mythos, there are numerous industry tailwinds to help give these smaller names a boost.

Qualys faces industry disruption from Anthropic's Mythos Preview AI cybersecurity tool, leading to a sharp share price decline. Despite slowing revenue growth and macro headwinds, QLYS maintains strong fundamentals, robust cash flow, and a debt-free balance sheet. I lower my rating from "strong buy" to "buy," reflecting both competitive threats and modest expected earnings growth.

Treasury and Fed urgently convened major bank CEOs to address cyber risks from Anthropic's new AI model, Mythos. Anthropic's Claude Mythos Preview, released to select partners, can identify software vulnerabilities better than most humans, heightening cybersecurity disruption fears.

Agent Val exploits, mitigates and revalidates exposures against compensating controls continuously, dramatically reducing the average window of exposure FOSTER CITY, Calif., March 23, 2026 /PRNewswire/ -- Qualys, Inc. (NASDAQ: QLYS), a leading provider of cloud-based IT, security and compliance solutions, today launched Agent Val within Enterprise TruRisk Management (ETM) to bring safe, agent-led exploit validation and autonomous risk remediation to the Risk Operations Center (ROC).

6,799 shares were sold directly on Feb. 4, 2026, representing a transaction value of approximately $873,369 at a weighted average price around $129.18 per share. The sale accounted for 7.14% of Kim Joo Mi's direct holdings, reducing direct ownership from 95,288 to 88,489 shares.

FOSTER CITY, Calif., March 9, 2026 /PRNewswire/ -- Qualys, Inc. (NASDAQ: QLYS), a leading provider of cloud-based IT, security and compliance solutions, today announced its continued sponsorship of the San Francisco Unicorns as the Major Partner and Official Cybersecurity Partner for the 2026 and 2027 seasons of Major League Cricket (MLC), America's first professional T20 league.

Shares of cybersecurity software companies have been on a roll this week, with investors reacting to the heightened threat of digital warfare as the Iran conflict escalates.

Instead of betting on who wins the AI model race, these stocks let you invest in the companies supplying the tools everyone needs. The next phase of the AI boom isn't just in GPUs.

Shares of most of the cybersecurity companies Jefferies covers are trading at the lowest valuations seen over the past five years.

QLYS may have the edge over ZS as steady growth, expanding VMDR traction, and a cheaper valuation outweigh Zscaler's faster growth and AI push.