Alight (NYSE:ALIT) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

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

Alight Price Performance

ALIT stock traded up $0.08 during midday trading on Tuesday, reaching $0.89. 25,636,001 shares of the stock were exchanged, compared to its average volume of 27,534,580. The stock has a market capitalization of $473.03 million, a PE ratio of -0.15, a P/E/G ratio of 0.24 and a beta of 1.56. Alight has a 52 week low of $0.48 and a 52 week high of $6.11. The company has a debt-to-equity ratio of 1.90, a current ratio of 1.31 and a quick ratio of 1.31. The company has a fifty day moving average price of $0.71 and a 200 day moving average price of $1.57.

Analysts Set New Price Targets

ALIT has been the topic of several recent analyst reports. Wall Street Zen upgraded Alight from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. KeyCorp lowered Alight from an “overweight” rating to a “sector weight” rating in a research note on Thursday, February 19th. DA Davidson decreased their price target on Alight from $6.00 to $5.00 and set a “buy” rating on the stock in a research note on Tuesday, February 10th. Needham & Company LLC lowered Alight from a “buy” rating to a “hold” rating in a research note on Thursday, February 19th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Alight in a research note on Monday, April 20th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Alight presently has an average rating of “Hold” and a consensus price target of $3.56.

Key Stories Impacting Alight

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.

Insiders Place Their Bets

In other news, CEO Rohit Verma acquired 112,000 shares of Alight stock in a transaction that occurred on Thursday, March 12th. The shares were acquired at an average price of $0.89 per share, for a total transaction of $99,680.00. Following the transaction, the chief executive officer directly owned 1,134,883 shares of the company’s stock, valued at approximately $1,010,045.87. The trade was a 10.95% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders acquired 242,000 shares of company stock worth $201,280. Insiders own 1.93% of the company’s stock.

Institutional Investors Weigh In On Alight

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its position in Alight by 152.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,201 shares of the company’s stock worth $29,000 after acquiring an additional 3,138 shares during the last quarter. Strs Ohio bought a new stake in Alight during the 1st quarter worth $25,000. Royal Bank of Canada grew its position in Alight by 3.6% during the 1st quarter. Royal Bank of Canada now owns 159,901 shares of the company’s stock worth $948,000 after acquiring an additional 5,525 shares during the last quarter. Alliancebernstein L.P. grew its position in Alight by 1.6% during the 3rd quarter. Alliancebernstein L.P. now owns 438,918 shares of the company’s stock worth $1,431,000 after acquiring an additional 7,088 shares during the last quarter. Finally, Gallagher Fiduciary Advisors LLC grew its position in Alight by 21.7% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 50,896 shares of the company’s stock worth $288,000 after acquiring an additional 9,070 shares during the last quarter. Institutional investors own 96.74% of the company’s stock.

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.