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Qualtrics International Inc. Stock Price, News & Analysis

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Welcome to our dedicated page for Qualtrics International news (Ticker: XM), a resource for investors and traders seeking the latest updates and insights on Qualtrics International stock.

Qualtrics (XM) delivers industry-leading experience management solutions to over 8,000 global organizations, including half of the Fortune 100. This resource provides investors and professionals with centralized access to essential updates about the company’s strategic initiatives, financial performance, and market leadership.

Discover timely announcements ranging from product innovations to executive insights, including analysis of partnerships like the Oculi Data collaboration enhancing healthcare analytics. Track developments in customer experience tools, employee engagement platforms, and regulatory-compliant data solutions.

The repository includes earnings disclosures, leadership changes, and operational milestones such as the annual X4 Summit’s AI advancements. Content is curated to help stakeholders assess Qualtrics’ position in the competitive SaaS landscape while avoiding speculative commentary.

Bookmark this page for streamlined monitoring of XM’s progress in transforming how enterprises leverage experience data. Return regularly to stay informed about new capabilities in its AI-driven platform and expansion across key industries.

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Qualtrics’ 2022 Experience Index highlights customer loyalty trends amid the ongoing COVID-19 pandemic. Major brands like Costco, Amazon, and Kroger topped the list, with 67% of consumers citing customer experience as a key loyalty driver. The report surveyed 4,000 US consumers about their interactions with 180 companies across 25 industries. Leading companies adapted by innovating services, such as Kroger's robotics investment for order accuracy and Target's personalized pickup experiences. The findings reflect the critical role of customer engagement in brand loyalty.

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Qualtrics (NASDAQ: XM) has been recognized as a leader in the 2021 Gartner Magic Quadrant™ for Voice of the Customer, being positioned highest for its Ability to Execute. With a growing VoC market exceeding $2 billion annually, Qualtrics is praised for its innovative CustomerXM™ platform aimed at improving customer experience. The company continues to enhance its offerings through recent acquisitions, including Clarabridge and Usermind, which will bolster its analytics capabilities.

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ASM Global has partnered with Qualtrics (NASDAQ: XM) to enhance live event experiences through a new proprietary customer journey tracking tool. This initiative aims to better understand fan feedback and adapt to evolving expectations in a post-pandemic environment. The tool will provide vital insights into fan sentiment, helping ASM and its venue clients optimize events and revenue. ASM operates renowned venues globally and aims to implement advanced technologies, including collaborations with Honeywell and Ticketmaster, to elevate fan engagement.

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Qualtrics (NASDAQ: XM) announced its participation in two upcoming virtual investor events in December 2021. The details are as follows:

  • Raymond James Technology Investors Conference: Tuesday, Dec. 7, 2021, at 2:10 PM ET
  • Barclays Global Technology, Media and Telecommunications Conference: Wednesday, Dec. 8, 2021, at 2:25 PM ET

Interested investors can find more information on the company's investor relations website, including event presentation times and webcast details.

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Qualtrics (NASDAQ: XM) research indicates that the pandemic continues to influence consumer behavior, with only 38% of working Americans comfortable participating in holiday sales events. The study reveals that 70% of Americans will let the pandemic impact their purchasing decisions, favoring online shopping. Most support vaccination requirements for businesses, though comfort levels for traditional holiday activities remain low, with less than half feeling safe at events. A divide exists regarding vaccination at gatherings, with 59% planning to travel for the holidays but only 44% feeling safe doing so.

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Qualtrics has chosen Amazon Web Services (AWS) as its preferred cloud provider to support its migration of internal IT systems and customer-facing workloads. This partnership aims to enhance operational performance and develop innovative features, leveraging AWS's machine learning and analytics capabilities. Through this collaboration, Qualtrics will provide actionable insights more efficiently, tapping into AWS's infrastructure. Notably, over 13,500 organizations utilize Qualtrics technology to improve customer and employee experiences.

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The 2022 Global Consumer Trends report from Qualtrics highlights significant dissatisfaction among consumers regarding customer experiences. Based on feedback from over 23,000 consumers across 23 countries, 80% identified a need for improvement in customer service, which they cited as a primary reason for potential spending cuts. The report notes that companies risk losing $4.7 trillion in consumer spending due to poor service and emphasizes the importance of addressing customer feedback. The ongoing labor market challenges further complicate businesses' efforts to enhance customer experiences.

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Qualtrics (NASDAQ: XM) has successfully closed its public offering of 27,380,952 shares of Class A common stock at a price of $42.00 each. This offering included the full exercise of the underwriters' option for an additional 3,571,428 shares, totaling gross proceeds of approximately $1.15 billion. The transaction was led by Goldman Sachs and HSBC, with closing taking place on November 9, 2021. The company aims to leverage these funds for growth initiatives in Experience Management.

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Qualtrics (Nasdaq: XM) has priced a public offering of 23,809,524 shares of Class A common stock at $42.00 per share, expecting gross proceeds of around $1 billion. The offering is set to close on November 9, 2021, subject to customary conditions. Proceeds will primarily be utilized to repay a promissory note to SAP America, Inc., with additional funds allocated for working capital and corporate needs. An option for underwriters to purchase an additional 3,571,428 shares is also included.

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FAQ

What is the market cap of Qualtrics International (XM)?

The market cap of Qualtrics International (XM) is approximately 11.0B.
Qualtrics International Inc.

Nasdaq:XM

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11.00B
138.59M
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