KeyCorp Issues Pessimistic Forecast for Alight Earnings

Alight, Inc. (NYSE:ALIT) – Equities research analysts at KeyCorp cut their Q2 2026 EPS estimates for Alight in a note issued to investors on Thursday, July 2nd. KeyCorp analyst S. Schoenhaus now anticipates that the company will post earnings per share of $0.52 for the quarter, down from their previous estimate of $0.60. The consensus estimate for Alight’s current full-year earnings is $5.60 per share. KeyCorp also issued estimates for Alight’s Q3 2026 earnings at $0.87 EPS, Q4 2026 earnings at $1.64 EPS, FY2026 earnings at $4.12 EPS, Q1 2027 earnings at $0.87 EPS, Q2 2027 earnings at $1.07 EPS, Q3 2027 earnings at $1.27 EPS, Q4 2027 earnings at $1.84 EPS and FY2027 earnings at $5.04 EPS.

ALIT has been the subject of a number of other research reports. DA Davidson lifted their target price on shares of Alight from $2.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Weiss Ratings cut Alight from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, May 7th. Finally, Wall Street Zen upgraded Alight from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $62.57.

Alight Stock Performance

Shares of ALIT opened at $20.00 on Thursday. The company has a market capitalization of $534.65 million, a PE ratio of -0.17, a PEG ratio of 0.30 and a beta of 1.66. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.42 and a current ratio of 1.42. The company’s 50 day moving average price is $14.88 and its 200 day moving average price is $20.24. Alight has a 52 week low of $9.58 and a 52 week high of $120.80.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ALIT. Militia Capital Management LLC acquired a new stake in Alight in the 1st quarter worth approximately $661,000. Essential Partners LLC boosted its position in Alight by 691.5% during the first quarter. Essential Partners LLC now owns 57,333 shares of the company’s stock worth $33,000 after purchasing an additional 50,089 shares during the period. Bull Harbor Capital LLC acquired a new position in Alight during the first quarter valued at approximately $31,000. Royal Bank of Canada grew its holdings in Alight by 11.4% during the first quarter. Royal Bank of Canada now owns 167,489 shares of the company’s stock valued at $97,000 after purchasing an additional 17,076 shares during the last quarter. Finally, Empowered Funds LLC raised its position in shares of Alight by 5.5% in the first quarter. Empowered Funds LLC now owns 2,127,000 shares of the company’s stock valued at $1,239,000 after purchasing an additional 110,456 shares during the period. Institutional investors and hedge funds own 96.74% of the company’s stock.

Key Alight News

Here are the key news stories impacting Alight this week:

• Positive Sentiment: KeyCorp raised several forward earnings estimates for Alight, including FY2027 EPS to $5.04 from $5.00, Q4 2027 EPS to $1.84 from $1.80, Q3 2027 EPS to $1.27 from $1.20, and Q2 2027 EPS to $1.07 from $1.00, suggesting improved expectations for profitability.
• Neutral Sentiment: KeyCorp also kept its broader longer-term outlook on Alight mixed, trimming FY2026 EPS to $4.12 from $4.20 while still projecting earnings growth into 2027.
• Positive Sentiment: Alight and BNY announced an integrated retirement plan solution aimed at improving plan administration and investing support, which could help strengthen the company’s product offering and relationships with retirement-plan clients. Article Title

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.