Qualtrics International Inc. (XM)

They have pioneered a new category of software, experience management, or XM, which enables organizations to succeed in today’s experience economy. Their 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. Their 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.

Industry
Prepackaged Software

CEO	CFO
Ryan Smith	David Faugno

Mr. Smith co-founded our company and has served as our Chief Executive Officer and a member of our board of directors since December 2002. Mr. Smith holds a B.S. in Management from Brigham Young University. Mr. Smith is the brother of Jared Smith, our President and a member of our board of directors, and is the son of Scott Smith, a member of our board of directors.

Mr. Faugno has served as our Executive Vice President and Chief Financial Officer since October 2017. From September 2016 through October 2017, Mr. Faugno served in various board, advisory, and consulting roles for a number of technology companies. From February 2006 to September 2016, Mr. Faugno served as Chief Financial Officer at Barracuda Networks, Inc., a security and data protection solutions provider. From July 2004 to February 2006, Mr. Faugno served as Senior Director of Corporate Finance, Mergers and Acquisitions at Cisco Systems Inc., an IT and networking company, which he joined in connection with Cisco’s acquisition of Actona Technologies Inc., a wide area storage vendor, where he served as Chief Financial Officer and Vice President of Operations from March 2002 to July 2004. Mr. Faugno received his B.S. in accounting from Rutgers University and an M.B.A. from Duke University.

Employees	Founded
3307	2002

Address: 333 West River Park Drive, Provo, Utah 84604, US

Telephone: 385-203-4999

Web page: http://www.qualtrics.com

Expected Date	1/28/2021
Status	Priced
Exchange	NASDAQ
Lockup Period Expiration	.Pro
Quiet Period Expiration	.Pro
Old Price Range	$18.00-$21.00

Share prices ($)

What do you think will happen with the XM share price after the next 3-6 months? 🔥 (+ 10% or more, flat (+ -10%), -10% or less)

The lead left underwriter: Morgan Stanley

Over the last 12 months Since the beginning of the year

IPOs led by the firm	.Pro
Profitability of conducted IPOs  ?	.Pro
1st day change  ?	.Pro
Change for the first 3 months  ?	.Pro

IPOs led by the firm	.Pro
Profitability of conducted IPOs  ?	.Pro
1st day change  ?	.Pro
Change for the first 3 months  ?	.Pro

Underwriters
Morgan Stanley/ JP Morgan/ BofA Securities/ Barclays/ Deutsche Bank Securities/ Goldman Sachs/ HSBC/ Citigroup/ BMO Capital Markets/ Truist Securities/ Canaccord Genuity/ Evercore ISI/ JMP Securities/ Oppenheimer & Co/ Piper Sandler/ Raymond James/ William Blair
CO-Managers
Loop Capital Markets/ Ramirez & Co./ R. Seelaus & Co. LLC.