Alight, Inc. (NYSE:ALIT) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Alight, Inc. (NYSE:ALIT) have received an average rating of “Hold” from the eight brokerages that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $3.5571.

Several research analysts have recently weighed in on ALIT shares. Citigroup downgraded Alight from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $6.50 to $1.00 in a research note on Friday, February 20th. KeyCorp lowered shares of Alight from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 19th. Needham & Company LLC lowered shares of Alight from a “buy” rating to a “hold” rating in a research report on Thursday, February 19th. Wedbush cut their target price on shares of Alight from $7.00 to $5.00 and set an “outperform” rating for the company in a research note on Thursday, November 6th. Finally, Bank of America assumed coverage on shares of Alight in a research report on Tuesday, February 17th. They set an “underperform” rating and a $1.40 price target for the company.

Insider Buying and Selling at Alight

In other news, CEO Rohit Verma purchased 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was purchased at an average cost of $0.77 per share, for a total transaction of $77,000.00. Following the completion of the transaction, the chief executive officer owned 1,022,883 shares of the company’s stock, valued at $787,619.91. This trade represents a 10.84% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 1.93% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Alight

A number of large investors have recently modified their holdings of the business. Corsair Capital Management L.P. purchased a new position in shares of Alight in the fourth quarter worth about $24,701,000. Goldman Sachs Group Inc. lifted its stake in Alight by 87.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 24,777,535 shares of the company’s stock worth $48,316,000 after purchasing an additional 11,534,921 shares in the last quarter. Wellington Management Group LLP lifted its stake in Alight by 289.1% in the 3rd quarter. Wellington Management Group LLP now owns 13,909,404 shares of the company’s stock worth $45,345,000 after purchasing an additional 10,334,915 shares in the last quarter. Millennium Management LLC boosted its holdings in shares of Alight by 13,050.9% during the 3rd quarter. Millennium Management LLC now owns 6,964,185 shares of the company’s stock worth $22,703,000 after purchasing an additional 6,911,229 shares during the last quarter. Finally, Nomura Holdings Inc. purchased a new stake in shares of Alight in the second quarter valued at approximately $32,050,000. Hedge funds and other institutional investors own 96.74% of the company’s stock.

Alight Trading Up 12.4%

Alight stock opened at $0.89 on Friday. The company has a current ratio of 1.31, a quick ratio of 1.21 and a debt-to-equity ratio of 1.90. The firm has a market cap of $472.84 million, a PE ratio of -0.15, a P/E/G ratio of 0.43 and a beta of 1.09. The stock’s 50 day simple moving average is $1.55 and its two-hundred day simple moving average is $2.49. Alight has a 12 month low of $0.65 and a 12 month high of $6.90.

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

Key Stories Impacting Alight

Here are the key news stories impacting Alight this week:

• Positive Sentiment: CEO Rohit Verma purchased 100,000 shares (≈$77k at ~$0.77), a meaningful insider buy that signals management confidence and likely helped lift the stock. Rohit Verma Buys 100,000 Shares
• Positive Sentiment: Short interest fell ~15.4% in February (to ~31.3M shares), reducing short pressure and suggesting some recent short covering, which can amplify upward moves on heavy volume.
• Neutral Sentiment: Alight reported $2.3B in 2025 revenue but flagged Q4 operational challenges and impairment charges — revenue scale is intact but the operational/impairment items are mixed for near‑term profitability. Alight Reports $2.3B in 2025 Revenue
• Negative Sentiment: Multiple law firms have opened investigations into Alight (Pomerantz, Block & Leviton, Rosen, Bragar Eagel & Squire), increasing legal risk, potential litigation costs and investor uncertainty. Links: Pomerantz Pomerantz Alert, Block & Leviton Block & Leviton, Rosen Rosen Law Firm, Bragar Bragar Alert
• Negative Sentiment: Bank of America cut its price target sharply on a weak Q1 forecast, signaling analyst concern about near‑term business momentum and contributing to downward pressure on the consensus valuation. BofA Price Target Cut

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.