Cardlytics Shareholders Approve Reverse Split and Board Slate

Cardlytics ( (CDLX) ) has provided an update.

At its annual meeting held on May 20, 2026, Cardlytics, Inc. reported that 63.54% of outstanding shares were represented, and shareholders elected three board nominees—Amit Gupta, Jack Klinck and Shrishti Gupta—as Class II directors to serve until the 2029 annual meeting. Investors also ratified Deloitte & Touche LLP as the independent auditor for the fiscal year ending December 31, 2026, reinforcing continuity in the company’s financial oversight.

Stockholders further approved a flexible reverse stock split authorization, allowing the board to implement, at its discretion before the 2027 annual meeting, a reverse split in the range of 1-for-5 to 1-for-15 with a corresponding reduction in authorized shares, a move that could support share price management and capital markets positioning. In addition, shareholders gave nonbinding approval to the compensation of Cardlytics’ named executive officers, signaling general but not overwhelming support for management’s pay practices, as reflected in the significant level of votes against the say-on-pay proposal.

The most recent analyst rating on (CDLX) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Cardlytics stock, see the CDLX Stock Forecast page.

Spark’s Take on CDLX Stock

According to Spark, TipRanks’ AI Analyst, CDLX is a Neutral.

CDLX scores low primarily due to weak financial performance (large losses, declining TTM revenue, and a high-risk balance sheet with negative equity) and bearish technicals (price below all key moving averages with negative MACD). The score is partially supported by improving cash flow and earnings-call indicators of operational progress (cost reductions, margin expansion, and sequential-growth guidance), though offset by significant year-over-year declines and partner-loss impact.

To see Spark’s full report on CDLX stock, click here.

More about Cardlytics

Cardlytics, Inc. operates in the financial technology and marketing sector, providing a platform that leverages purchase data from financial institutions to deliver targeted advertising and marketing solutions to brands. The company focuses on helping marketers reach consumers through banks’ and fintech partners’ digital channels, aligning ad campaigns with actual spending behavior.

Average Trading Volume: 1,278,194

Technical Sentiment Signal: Sell

Current Market Cap: $34.89M

See more insights into CDLX stock on TipRanks’ Stock Analysis page.