Qualtrics (XM) PT Lowered to $14 at Deutsche Bank

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Qualtrics (XM) PT Lowered to $14 at Raymond James

October 25, 2022 7:48 AM EDT

Raymond James analyst Brian Peterson lowered the price target on Qualtrics (NASDAQ: XM) to $14.00 (from $17.00) while maintaining an Outperform rating following earnings.

The analyst commented, "Were maintaining our Outperform rating on XM following 3Q22 results that delivered impressive top and bottom line upside,... More

Qualtrics (XM) Rallies on Beat and Raise, Analysts Positive

October 25, 2022 5:59 AM EDT

Shares of Qualtrics (NASDAQ: XM) are up 11% in pre-open Tuesday after the company delivered better-than-expected Q3 results and raised its full-year forecast.

Qualtrics reported a profit per share of $0.04 on revenue of $377.5 million to beat the analyst estimate of a loss per share of $0.02 on revenue of $358.69 million. Subscription revenue was reported at $314.8 million, also higher than the estimate of $301.4 million.

For this quarter, XM expects adjusted EPS between $0.02 and... More