Alight, Inc. (NYSE:ALIT) Receives $3.56 Consensus PT from Brokerages

Alight, Inc. (NYSE:ALIT) has been given a consensus recommendation of “Hold” by the eight ratings firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $3.5571.

ALIT has been the subject of several research analyst reports. Bank of America initiated coverage on Alight in a research note on Tuesday, February 17th. They set an “underperform” rating and a $1.40 price objective for the company. KeyCorp cut Alight from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 19th. Citigroup downgraded Alight from a “buy” rating to a “neutral” rating and dropped their price target for the company from $6.50 to $1.00 in a research report on Friday, February 20th. DA Davidson decreased their price objective on shares of Alight from $6.00 to $5.00 and set a “buy” rating on the stock in a research report on Tuesday, February 10th. Finally, Wall Street Zen downgraded shares of Alight from a “hold” rating to a “sell” rating in a research note on Saturday, February 28th.

More Alight News

Here are the key news stories impacting Alight this week:

• Positive Sentiment: Analyst/management optimism: Several recent write-ups highlight “strong analyst sentiment” and confident management commentary, noting a potential upside to consensus targets (analyst coverage remains mixed but some see meaningful upside from current levels). Strong analyst sentiment on Alight (ALIT) amid confident management commentary
• Neutral Sentiment: Market/volume context: Trading volume is elevated versus the stock’s average and the share price is moving from multi‑year lows; valuation metrics (very low P/E) and recent earnings misses are already priced in by many investors, producing high volatility. (Use this context when sizing positions.)
• Negative Sentiment: Widespread securities litigation risk: Multiple law firms have filed or announced class actions and are soliciting lead plaintiffs for alleged securities fraud covering purchases between Nov 12, 2024 and Feb 18, 2026, with a common May 15, 2026 deadline to seek lead‑plaintiff status. The wave of filings/alerts (Rosen, Bernstein Liebhard, Pomerantz, Faruqi, Portnoy, Glancy, Bronstein, Levi & Korsinsky, Schall, etc.) increases headline risk, could raise legal costs, and may pressure the stock until litigation resolution. ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Alight, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – ALIT

Alight Price Performance

Shares of NYSE:ALIT opened at $0.55 on Tuesday. The company has a 50 day moving average of $1.13 and a 200 day moving average of $2.07. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.90. The stock has a market cap of $295.58 million, a P/E ratio of -0.09, a P/E/G ratio of 0.29 and a beta of 1.16. Alight has a 12 month low of $0.51 and a 12 month high of $6.24.

Alight (NYSE:ALIT) last posted its earnings results on Thursday, February 19th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.07). The firm had revenue of $653.00 million during the quarter, compared to analysts’ expectations of $654.30 million. Alight had a positive return on equity of 9.61% and a negative net margin of 136.91%. As a group, sell-side analysts forecast that Alight will post 0.54 EPS for the current fiscal year.

Insider Activity at Alight

In related news, CEO Rohit Verma acquired 112,000 shares of the stock in a transaction dated Thursday, March 12th. The shares were purchased at an average price of $0.89 per share, for a total transaction of $99,680.00. Following the transaction, the chief executive officer owned 1,134,883 shares in the company, valued at $1,010,045.87. This represents a 10.95% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last 90 days, insiders have acquired 242,000 shares of company stock valued at $201,280. 1.93% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew its stake in shares of Alight by 152.1% in the second quarter. EverSource Wealth Advisors LLC now owns 5,201 shares of the company’s stock worth $29,000 after purchasing an additional 3,138 shares during the last quarter. PNC Financial Services Group Inc. raised its position in Alight by 4.7% during the 2nd quarter. PNC Financial Services Group Inc. now owns 72,666 shares of the company’s stock valued at $411,000 after purchasing an additional 3,295 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its holdings in Alight by 68.8% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 8,100 shares of the company’s stock worth $46,000 after buying an additional 3,300 shares during the period. Winslow Asset Management Inc. lifted its holdings in Alight by 21.7% in the 2nd quarter. Winslow Asset Management Inc. now owns 19,355 shares of the company’s stock worth $110,000 after buying an additional 3,450 shares during the period. Finally, Strs Ohio bought a new stake in shares of Alight in the 1st quarter worth approximately $25,000. Institutional investors own 96.74% of the company’s stock.

About Alight

Alight, Inc (NYSE: ALIT) is a leading provider of cloud-based human capital and financial solutions designed to help organizations and their employees navigate critical life and work events. The company offers a comprehensive suite of services, including payroll administration, benefits enrollment and management, workforce and analytics solutions, health and welfare support, and financial wellness programs. By integrating advanced technology with expert advisory services, Alight aims to simplify the administration of human resources and benefits functions, improve employee engagement and productivity, and drive cost efficiencies for its clients.

Alight’s core platform leverages cloud architecture and automation to deliver scalable and secure solutions that address the needs of mid-sized and large enterprises.