Renaissance Capital logo

Qualtrics International Priced, Nasdaq: XM

Experience management software provider being spun out of SAP.

Industry: Technology

Latest Trade: $18.14 0.00 (0.0%)

First Day Return: +51.7%

Return from IPO: -39.5%

Industry: Technology

We have pioneered a new category of software, experience management, or XM, which enables organizations to succeed in today’s experience economy. Our XM Platform helps organizations both design and improve the experiences that turn their customers into fanatics, employees into ambassadors, products into obsessions, and brands into religions. The rise of the experience economy has changed the way businesses compete and organizations operate. The cost of switching products or services has become so low that over 70% of consumers are likely to switch brands due to a single poor experience. Over two-thirds of the workforce is disengaged. And while the majority of companies believe they are delivering a superior experience, few of their customers agree. Qualtrics is dramatically different from companies who simply help organizations measure satisfaction scores. Our platform was built from inception as a system of action -- a system that guides users with specific instructions for improvement and automated actions to close experience gaps. It provides each individual employee in an organization a powerful, easy-to-use interface that creates everyday habits to find and close experience gaps. It has the power to change organizational behavior and create a culture of action.
more less
IPO Data
IPO File Date 12/28/2020
Offer Price $30.00
Price Range $30.00 - $30.00
Offer Shares (mm) 51.7
Deal Size ($mm) $1,551
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/28/2021
Offer Price $30.00
Price Range $30.00 - $30.00
Offer Shares (mm) 51.7
Deal Size ($mm) $1,551
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Morgan Stanley
J.P. Morgan
more
Company Data
Headquarters Provo, UT, United States
Founded 2002
Employees 3,370
Website www.qualtrics.com

Qualtrics International (XM) Performance