Alight (NYSE:ALIT) Announces Earnings Results, Beats Expectations By $0.03 EPS

Alight (NYSE:ALIT) issued its quarterly earnings results on Tuesday. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.03 by $0.03, FiscalAI reports. The firm had revenue of $534.00 million during the quarter, compared to analyst estimates of $502.74 million. Alight had a negative net margin of 136.91% and a positive return on equity of 9.61%.

Alight Stock Up 9.3%

NYSE:ALIT traded up $0.08 during trading hours on Tuesday, hitting $0.89. The stock had a trading volume of 24,868,705 shares, compared to its average volume of 27,534,580. The company has a market cap of $473.03 million, a PE ratio of -0.15, a price-to-earnings-growth ratio of 0.24 and a beta of 1.56. The business has a 50 day simple moving average of $0.71 and a two-hundred day simple moving average of $1.57. Alight has a 1-year low of $0.48 and a 1-year high of $6.11. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.90.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Needham & Company LLC cut shares of Alight from a “buy” rating to a “hold” rating in a research note on Thursday, February 19th. KeyCorp lowered Alight from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 19th. DA Davidson reduced their target price on Alight from $6.00 to $5.00 and set a “buy” rating on the stock in a report on Tuesday, February 10th. Weiss Ratings reissued a “sell (d-)” rating on shares of Alight in a research report on Monday, April 20th. Finally, Citigroup lowered Alight from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $6.50 to $1.00 in a research note on Friday, February 20th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Alight presently has an average rating of “Hold” and a consensus target price of $3.56.

Insider Activity at Alight

In other news, CEO Rohit Verma bought 112,000 shares of the firm’s stock in a transaction dated Thursday, March 12th. The stock was acquired at an average cost of $0.89 per share, for a total transaction of $99,680.00. Following the completion of the purchase, the chief executive officer owned 1,134,883 shares of the company’s stock, valued at $1,010,045.87. This trade represents a 10.95% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have acquired 242,000 shares of company stock worth $201,280 over the last 90 days. Insiders own 1.93% of the company’s stock.

Hedge Funds Weigh In On Alight

A number of institutional investors have recently added to or reduced their stakes in the company. Corient Private Wealth LLC boosted its position in Alight by 58.1% in the 4th quarter. Corient Private Wealth LLC now owns 58,625 shares of the company’s stock valued at $114,000 after buying an additional 21,552 shares during the last quarter. Invesco Ltd. grew its stake in shares of Alight by 20.2% during the fourth quarter. Invesco Ltd. now owns 584,213 shares of the company’s stock valued at $1,139,000 after acquiring an additional 98,310 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its position in shares of Alight by 104.5% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 27,369 shares of the company’s stock worth $53,000 after acquiring an additional 13,988 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in shares of Alight during the fourth quarter worth about $90,000. Finally, Empowered Funds LLC lifted its stake in shares of Alight by 6.5% in the fourth quarter. Empowered Funds LLC now owns 2,016,544 shares of the company’s stock worth $3,932,000 after acquiring an additional 123,610 shares in the last quarter. Institutional investors and hedge funds own 96.74% of the company’s stock.

Alight News Summary

Here are the key news stories impacting Alight this week:

• Neutral Sentiment: Rosen Law Firm and affiliates are reminding ALIT shareholders of the May 15, 2026 lead‑plaintiff deadline and encouraging investors who bought during the class period to secure counsel. Read More.
• Neutral Sentiment: Faruqi & Faruqi, LLP and other firms (Rosen, Gross, Schall, DJS) are issuing similar investor notices about the May 15 lead‑plaintiff deadline and offering consultations — these are procedural alerts that increase public visibility of the litigation. Read More.
• Negative Sentiment: Bronstein, Gewirtz & Grossman says a class action has been filed against Alight and certain officers seeking damages for alleged securities law violations for purchases during the class period — this represents direct litigation exposure. Read More.
• Negative Sentiment: Bernstein Liebhard LLP announces a securities fraud class action has been filed on behalf of ALIT investors covering the same period — additional firms joining or publicizing claims increases the aggregate legal attention and potential settlement pressure. Read More.
• Negative Sentiment: Levi & Korsinsky highlights substantive allegations that Alight previously gave optimistic guidance (mid‑single‑digit revenue growth, a path to 28% margin in 2026, and $1B free cash flow by 2027), then later cancelled the dividend and said it missed internal targets and bookings — these specific allegations (inflated growth/dividend commitments) are the core factual claims that can drive damages and settlement size. Read More.

Alight Company Profile

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.