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Sprinklr Announces Board Reductions Following Director Departures

Story Highlights
  • On April 23, 2026, two Sprinklr directors chose not to seek re-election, with no disagreements cited.
  • Sprinklr will shrink its board from nine to seven members and reassign committee roles to maintain governance continuity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sprinklr Announces Board Reductions Following Director Departures

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An announcement from Sprinklr ( (CXM) ) is now available.

On April 23, 2026, Sprinklr directors Yvette Kanouff and Neeraj Agrawal informed the board they will not stand for re-election as Class II directors at the 2026 Annual Meeting of Stockholders, and will serve out their current terms on key governance committees. The company stated that their decisions were not due to any disagreements with management, the board, or its committees on operational, policy, or practice matters.

In response to these planned departures, the board approved a reduction in its size from nine to seven directors, effective upon their retirement at the 2026 Annual Meeting. To maintain committee effectiveness, current director Stephen M. Ward, Jr. will join the Audit Committee and director Kevin Haverty will join the Nominating and Corporate Governance Committee at the start of the meeting, signaling a continuity-focused adjustment in Sprinklr’s governance structure.

The most recent analyst rating on (CXM) stock is a Hold with a $6.25 price target. To see the full list of analyst forecasts on Sprinklr stock, see the CXM Stock Forecast page.

Spark’s Take on CXM Stock

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

The score is driven primarily by improving fundamentals (profitability and strong free cash flow) and a solid balance sheet, partially offset by conservative FY’27 growth guidance and margin/churn headwinds discussed on the earnings call. Technicals remain weak-to-neutral with the stock still below longer-term moving averages, and the high P/E with no dividend yield limits valuation support.

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

More about Sprinklr

Sprinklr, Inc. operates in the enterprise software and customer experience management industry, providing platforms and tools that help large organizations manage customer interactions, social media, and related digital engagement. The company’s governance model features a multi-class board structure with specialized committees overseeing audit, nominating, and corporate governance responsibilities.

Average Trading Volume: 3,829,234

Technical Sentiment Signal: Sell

Current Market Cap: $1.27B

For detailed information about CXM stock, go to TipRanks’ Stock Analysis page.

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