Alight (NYSE:ALIT) Stock Rating Lowered by Needham & Company LLC

Alight (NYSE:ALIT) was downgraded by Needham & Company LLC from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

Several other equities analysts also recently commented on ALIT. UBS Group cut their target price on Alight from $6.50 to $4.00 and set a “buy” rating for the company in a research report on Thursday, November 6th. Bank of America started coverage on Alight in a report on Tuesday. They set an “underperform” rating and a $1.40 price objective for the company. Wedbush dropped their target price on shares of Alight from $7.00 to $5.00 and set an “outperform” rating for the company in a research report on Thursday, November 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Alight in a report on Wednesday, January 21st. Finally, 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 note on Tuesday, February 10th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $3.98.

Alight Stock Performance

ALIT stock traded down $0.47 during midday trading on Thursday, hitting $0.84. The stock had a trading volume of 54,697,017 shares, compared to its average volume of 12,444,747. Alight has a 52 week low of $0.72 and a 52 week high of $7.66. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.99. The stock has a 50-day simple moving average of $1.70 and a 200 day simple moving average of $2.62. The firm has a market capitalization of $446.82 million, a price-to-earnings ratio of -0.21 and a beta of 1.09.

Alight (NYSE:ALIT) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.07). Alight had a negative net margin of 94.23% and a positive return on equity of 7.89%. The business had revenue of $653.00 million during the quarter, compared to analyst estimates of $654.30 million. As a group, equities research analysts anticipate that Alight will post 0.54 earnings per share for the current year.

Insider Buying and Selling at Alight

In related news, Director Richard N. Massey bought 100,000 shares of the company’s stock in a transaction on Wednesday, November 26th. The shares were purchased at an average cost of $2.33 per share, for a total transaction of $233,000.00. Following the acquisition, the director owned 100,000 shares of the company’s stock, valued at approximately $233,000. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Robert A. Schriesheim acquired 42,098 shares of the stock in a transaction dated Wednesday, November 26th. The shares were bought at an average cost of $2.38 per share, with a total value of $100,193.24. Following the transaction, the director directly owned 109,130 shares of the company’s stock, valued at $259,729.40. This represents a 62.80% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders bought 193,116 shares of company stock valued at $448,984. Corporate insiders own 1.93% of the company’s stock.

Institutional Trading of Alight

Institutional investors have recently modified their holdings of the company. Corsair Capital Management L.P. bought a new stake in shares of Alight in the fourth quarter worth $24,701,000. Goldman Sachs Group Inc. raised its holdings in Alight by 87.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 24,777,535 shares of the company’s stock worth $48,316,000 after acquiring an additional 11,534,921 shares in the last quarter. Wellington Management Group LLP grew its stake in Alight by 289.1% in the third quarter. Wellington Management Group LLP now owns 13,909,404 shares of the company’s stock valued at $45,345,000 after purchasing an additional 10,334,915 shares in the last quarter. Millennium Management LLC raised its stake 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 in the last quarter. Finally, Nomura Holdings Inc. bought a new position in shares of Alight in the second quarter valued at $32,050,000. 96.74% of the stock is currently owned by institutional investors.

More Alight News

Here are the key news stories impacting Alight this week:

• Positive Sentiment: Insider buying highlighted by multiple reports; directors and other insiders increased stakes during Q4, which investors interpret as management confidence and a potential catalyst for value recovery. Insiders Piled Into These 3 Stocks in Q4—One Stands Out
• Positive Sentiment: Unusual options activity — a large block of calls (~5,659 contracts, ~61% above typical call volume) suggests speculative/hedged bullish positioning from some traders, which can underpin short-term demand in a volatile name.
• Neutral Sentiment: Company press release: Alight reported full-year revenue of ~$2.3B and said it generated strong operating cash flow and free cash flow, providing a financial stability narrative even though the stock moved lower after results. Alight Reports Fourth Quarter and Full Year 2025 Results
• Neutral Sentiment: New senior leadership/valuation pieces are under discussion; analysts and media are re-assessing the company under the new team which could create multi-week volatility as guidance and strategy are digested. A Look At Alight (ALIT) Valuation After New Senior Leadership Appointments
• Negative Sentiment: Earnings miss: Q4 EPS was $0.18, below consensus (~$0.24–$0.25), and revenue of $653M slightly missed estimates — the miss triggered immediate selling pressure. Alight, Inc. (ALIT) Lags Q4 Earnings Estimates
• Negative Sentiment: Guidance and conservatism concerns: analyst notes and the earnings call transcript signal cautious 2026 guidance from new management; at least one firm trimmed its price target, adding to downside pressure. Alight, Inc. (ALIT) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Analyst/coverage moves and market skepticism: coverage initiations and notes (e.g., Bank of America initiation) and analyst target cuts are creating headline risk and contributing to volatility. Bank of America Initiates Coverage on Alight (NYSE:ALIT)

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.