Alight, Inc. operates as a cloud-based provider of integrated digital human capital and business solutions worldwide. The company's solutions enable employees to enrich their health, wealth, and wellbeing, which helps organizations achieve a high-performance culture. It offers employer solutions, such as benefits and payroll solutions; and professional services, including cloud deployment solutions and cloud application services comprising cloud advisory, deployment, and application management services for cloud human capital management and financial platforms. The company was founded in 2017 and is headquartered in Lincolnshire, Illinois.
IPO Year: 2021
Exchange: NASDAQ
Website: alight.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/20/2024 | $8.00 | Overweight → Neutral | JP Morgan |
| 1/5/2024 | $12.00 | Buy | Citigroup |
| 12/6/2023 | $12.00 | Buy | Canaccord Genuity |
| 11/7/2023 | $10.00 | Buy | UBS |
| 6/13/2023 | $12.00 | Buy | Citigroup |
| 12/9/2022 | $13.00 | Outperform | Wedbush |
| 12/6/2022 | $12.00 | Buy | Needham |
| 9/16/2022 | $15.00 | Overweight | KeyBanc Capital Markets |
| 8/2/2022 | $10.00 | Overweight | JP Morgan |
| 2/8/2022 | $15.00 | Overweight | Stephens & Co. |
Alight (NYSE:ALIT), a leading cloud-based human capital and technology-enabled services provider, today announced the promotion of Rob Sturrus, currently Executive Vice President, Health and Wealth Solutions, as Chief Client Officer. Mr. Sturrus has spent over 25 years with Alight and its predecessors, starting as an analyst and ascending into numerous client-focused leadership roles including oversight of a multi-national portfolio of clients and thousands of colleagues in delivering full benefits administration services. Rob is also very well respected throughout the industry as a solution oriented, client-focused leader with deep domain expertise. "Rob's deep understanding of our cli
— Allison Bassiouni appointed Chief Delivery Officer and Deepika Duggirala appointed Chief Technology Officer — Alight, Inc. (NYSE:ALIT), a leading cloud-based human capital and technology-enabled services provider, today announced executive leadership changes within its delivery and technology organization as it enters its next chapter following the completion of its multi-year transformation. Allison Bassiouni, currently Executive Vice President, Customer Experience and Delivery, will be promoted to Chief Delivery Officer and Deepika Duggirala, currently Executive Vice President, Technology, will be promoted to Chief Technology Officer, in each case effective January 1, 2025. As part of
- Alight's 2024 annual enrollment analysis shows nearly 96% of employees enrolled in benefits through digital channels, with mobile app usage increasing by 69% compared to the 2023 annual enrollment period - Alight's 2024 annual enrollment analysis underscores the value of employer-backed benefits and the need for tailored strategies to support a diverse workforce Alight, Inc. (NYSE:ALIT), a leading cloud-based human capital and technology-enabled services provider, today released insights gathered from an analysis of over 10 million individuals who used the Alight Worklife® platform during its recently concluded annual healthcare open enrollment period. This analysis revealed signifi
Alight, Inc. (NYSE:ALIT) (the "Company"), a leading cloud-based human capital technology and services provider, today issued a statement on behalf of Cannae and Alight's Chairman of the Board William P. Foley, II. "Yesterday, Cannae sold 12 million shares of Alight's common stock in support of Cannae's own liquidity needs. Cannae does not generate operating income and will from time to time sell assets to generate cash for our strategic needs. This sale met that objective, and we do not have any expectations for additional sales of Alight shares for the foreseeable future. Our conviction in Alight's attractive long-term thesis and financial profile is steadfast," commented Foley. About
Alight, Inc. (NYSE:ALIT), a leading cloud-based human capital and technology-enabled services provider, today announced that its Chief Financial Officer, Jeremy Heaton, will present at the UBS Global Technology and AI Conference in Scottsdale, Arizona on Wednesday, December 4, 2024 at 12:15 p.m. MST, available via live webcast and replay here. About Alight Solutions Alight is a leading cloud-based human capital technology and services provider for many of the world's largest organizations and over 35 million people and dependents. Through the administration of employee benefits, Alight helps clients gain a benefits advantage while building a healthy and financially secure workforce by u
Alight's new Teams integration, developed in collaboration with Avanade, enables employers to deliver a seamless, connected employee experience Alight, Inc. (NYSE:ALIT), a leading cloud-based human capital and technology-enabled services provider and Avanade, a leading Microsoft expert, today announced a collaboration to integrate Alight Worklife ® with Microsoft Teams. This novel integration empowers employers to further enhance their employee's benefits experience by providing seamless access to benefits and wellbeing information directly within the Teams platform. The application will be available to employers who utilize both Teams and Alight Worklife, beginning with the next releas
– Initiates quarterly dividend program – – Revenue of $555 million – – Key wins with Hewlett Packard Enterprise, Nokia and Siemens – – Repurchased $75 million of common stock – – Raises revenue guidance range – Alight, Inc. (NYSE:ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the third quarter ended September 30, 2024. "Alight delivered third quarter results that exceeded our expectations on both revenue and profitability," said CEO Dave Guilmette. "As the market-leading services provider for employee benefits and wellbeing, Alight is uniquely positioned to guide the world's largest and most complex cl
Alight's 2024 International Workforce and Wellbeing Mindset Study finds benefits are a critical factor influencing employee retention Amid economic instability, layoffs and increasing burnout, many workers are seeking support from their employers that extends beyond compensation, according to the 2024 Alight International Workforce and Wellbeing Mindset Study. With only 44% of respondents rating their wellbeing positively, a seven-point decline from last year's study, employees are expressing a need for greater support to enhance their overall wellbeing. The findings from this year's study reveal the decline affects all dimensions of workers' wellbeing across their professional, social, f
Alight (NYSE:ALIT) today announced it will release third quarter results before market open on Tuesday, November 12, 2024, and management will subsequently discuss the results on a webcast at 8:30 a.m. ET. The webcast and a presentation of financial information will be publicly available at Events & Presentations. Details of Webcast: Date: Tuesday, November 12, 2024 Time: 8:30 a.m. Eastern Time Webcast and replay: Events & Presentations About Alight Solutions Alight is a leading cloud-based human capital technology and services provider for many of the world's largest organizations and over 35 million people and dependents. Through the administration of employee benefits, Alight he
Empowering participants to buy lifetime income at group pricing to create a "personal pension" BOSTON, Oct. 24, 2024 /PRNewswire/ -- As companies have shifted from traditional defined benefit pension plans to defined contribution (DC) plans, primarily 401(k)s, a pressing need has emerged: participants require predictable lifetime income to protect against the risk of outliving their retirement savings, while employers need cost-effective solutions that mitigate fiduciary risk. Agilis Partners LLC, a leading investment, actuarial and risk management group, is proud to unveil Agilis PensionBuilder™, an innovative, patent pending solution designed to provide lifetime retirement income for emplo
4 - Alight, Inc. / Delaware (0001809104) (Issuer)
4 - Alight, Inc. / Delaware (0001809104) (Issuer)
4 - Alight, Inc. / Delaware (0001809104) (Issuer)
4 - Alight, Inc. / Delaware (0001809104) (Issuer)
3 - Alight, Inc. / Delaware (0001809104) (Issuer)
3 - Alight, Inc. / Delaware (0001809104) (Issuer)
3 - Alight, Inc. / Delaware (0001809104) (Issuer)
4 - Alight, Inc. / Delaware (0001809104) (Issuer)
4 - Alight, Inc. / Delaware (0001809104) (Issuer)
4 - Alight, Inc. / Delaware (0001809104) (Issuer)
8-K - Alight, Inc. / Delaware (0001809104) (Filer)
144 - Alight, Inc. / Delaware (0001809104) (Subject)
144 - Alight, Inc. / Delaware (0001809104) (Subject)
144 - Alight, Inc. / Delaware (0001809104) (Subject)
144 - Alight, Inc. / Delaware (0001809104) (Subject)
144 - Alight, Inc. / Delaware (0001809104) (Subject)
144 - Alight, Inc. / Delaware (0001809104) (Subject)
8-K - Alight, Inc. / Delaware (0001809104) (Filer)
8-K - Alight, Inc. / Delaware (0001809104) (Filer)
8-K - Alight, Inc. / Delaware (0001809104) (Filer)
4 - Alight, Inc. / Delaware (0001809104) (Issuer)
– Initiates quarterly dividend program – – Revenue of $555 million – – Key wins with Hewlett Packard Enterprise, Nokia and Siemens – – Repurchased $75 million of common stock – – Raises revenue guidance range – Alight, Inc. (NYSE:ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the third quarter ended September 30, 2024. "Alight delivered third quarter results that exceeded our expectations on both revenue and profitability," said CEO Dave Guilmette. "As the market-leading services provider for employee benefits and wellbeing, Alight is uniquely positioned to guide the world's largest and most complex cl
– Announces CEO succession plan – – Continuing operations BPaaS revenue increased 13% – – 97% of 2024 Revenue Under Contract – – Key wins with UPS, Wayfair, American Honda Motor Company & The Adecco Group – – Completed cloud migration program and fully decommissioned data center – – Repurchased $80 million of common stock – Alight, Inc. (NYSE:ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the second quarter ended June 30, 2024. "Alight is entering its next chapter following the accomplishment of several key strategic milestones including its recent divestiture," said CEO Stephan Scholl. "As a simplif
– Continuing operations BPaaS revenue increased 21% – – Cash from operations increased by 39% to $100 million – – $3.1 billion of total company revenue under contract for 2024 – –Announced agreement to sell Payroll and Professional Services business for up to $1.2 billion, on track for closing mid-year 2024 – – Announced promotion of Greg Goff to President and Jeremy Heaton to Chief Financial Officer with Katie Rooney focusing on supporting the closure of the Payroll and Professional Services divestiture – Alight, Inc. (NYSE:ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the first quarter ended March 31,
– Accelerates Transformation Toward Simplified and Focused Platform Company for Employee Wellbeing and Benefits – – At Closing, Recurring Revenue to Increase From 84% to Over 90% and Margin Profile to Improve by Nearly 300 Basis Points – – Raises Mid-Term Adjusted EBITDA Margin Guidance to 28% – – New Commercial Partnership with the Divested Company – – Expect to Reduce Net Leverage Ratio to Below Three Times – – Increased Stock Repurchase Program by $200 Million – – Company to Host Webcast to Discuss Transaction at 10:00 a.m. ET – Alight, Inc. (NYSE:ALIT), a leading cloud-based human capital technology and services provider, today announced that it has signed a definitive agr
– Generated robust quarterly BPaaS bookings of $261 million – – Annual cash from operations increased by $100 million to $386 million – – Exceeded 2023 adjusted EPS guidance range – – $3 billion of revenue under contract for 2024 – –Board of Directors authorizes strategic portfolio review to accelerate platform and wellbeing strategy – Alight, Inc. (NYSE:ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the fourth quarter and full year ended December 31, 2023. "Our three-year transformation has generated significant momentum and enabled Alight to deliver strong 2023 results," said Chief Executive Officer Stephan
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that the Company will release its fourth quarter and full year 2023 financial results after the market close on Wednesday, February 21, 2024. The Company will also hold a conference call to discuss its financial results at 5:00 pm (Eastern Time) on the same day. The conference call can be accessed by dialing 1-844-826-3035 (domestic) or 1-412-317-5195 (international) and asking for the Cannae Holdings Fourth Quarter 2023 Earnings Call. A telephonic replay will be available at the conclusion of the call and can be accessed by dialing 1-844-512-2921, or for international callers 1-412-317-6671 and providing the ac
~ Quarterly results call scheduled for 5:00pm ET ~ Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") has released its third quarter 2023 financial results by posting them to its website. Please visit the Cannae website at www.cannaeholdings.com to view the third quarter 2023 financial results, which are included in its Letter to Shareholders. Conference Call As previously announced, Cannae will host a conference call, today, November 7, 2023 at 5:00pm (Eastern Time), to discuss its third quarter 2023 results. The conference call can be accessed by dialing 1-844-826-3035 (domestic) or 1-412-317-5195 (international) and asking for the Cannae Holdings Third Quarter 2023 Finan
– Achieved total revenue growth of over 8%, and nearly 9% Employer Solutions revenue growth – – Generated robust BPaaS bookings of $262 million or growth of 26% – – Sustained strong double-digit expansion of profitability – – Raises 2023 adjusted EPS guidance range – – Over 95% of revenue under contract for 2023 – Alight, Inc. (NYSE:ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the third quarter ended September 30, 2023. "Alight delivered high single-digit revenue growth and double-digit profitability expansion as our successful transformation into a platform company is enabling consistent and durable
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that the Company will release its third quarter 2023 financial results after the market close on Tuesday, November 7, 2023. The Company will also hold a conference call to discuss its financial results at 5:00 pm (Eastern Time) on the same day. The conference call can be accessed by dialing 1-844-826-3035 (domestic) or 1-412-317-5195 (international) and asking for the Cannae Holdings Third Quarter 2023 Earnings Call. A telephonic replay will be available at the conclusion of the call and can be accessed by dialing 1-844-512-2921, or for international callers 1-412-317-6671 and providing the access code 10183129.
Alight (NYSE:ALIT) today announced it will release third quarter 2023 earnings results before market open on Wednesday, November 1, 2023, and management will subsequently discuss the results on a webcast at 8:30 a.m. ET. The webcast and a presentation of financial information will be publicly available at Events & Presentations. A replay of the call will be available on the Company website, and through Wednesday November 15, 2023 by dialing 1-844-512-2921 or 1-412-317-6671 and entering passcode 13740939. Details of Webcast: Date: Wednesday, November 1, 2023 Time: 8:30 a.m. Eastern Time Webcast and replay: Events & Presentations About Alight Solutions Alight is a leading clou
SC 13D/A - Alight, Inc. / Delaware (0001809104) (Subject)
SC 13D/A - Alight, Inc. / Delaware (0001809104) (Subject)
SC 13G/A - Alight, Inc. / Delaware (0001809104) (Subject)
SC 13G/A - Alight, Inc. / Delaware (0001809104) (Subject)
SC 13G - Alight, Inc. / Delaware (0001809104) (Subject)
SC 13G/A - Alight, Inc. / Delaware (0001809104) (Subject)
SC 13D/A - Alight, Inc. / Delaware (0001809104) (Subject)
SC 13D/A - Alight, Inc. / Delaware (0001809104) (Subject)
SC 13D/A - Alight, Inc. / Delaware (0001809104) (Subject)
SC 13D - Alight, Inc. / Delaware (0001809104) (Subject)
Company and Starboard Enter into Cooperation Agreement Alight, Inc. (NYSE:ALIT) ("Alight" or the "Company"), a leading cloud-based human capital and technology services provider, today announced the appointment of Dave Guilmette and Coretha Rushing as independent directors to its Board of Directors (the "Board"), effective immediately. These appointments have been made in connection with a cooperation agreement (the "Agreement") entered into between Alight and Starboard Value LP (together with certain of its affiliates, "Starboard"), an investment firm which owns approximately 7.2% of the Company's outstanding common stock. In addition, as part of an ongoing effort to broaden board comp
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that it has appointed Chairman William P. Foley II as Chief Executive Officer of the Company and Richard Massey as Vice Chairman of the Board. Mr. Massey will continue to work with Mr. Foley on investment opportunities. Mr. Foley will continue as Chairman of the Board and Ryan Caswell will continue as the President of the Company. William P. Foley, II, commented, "I am very excited to assume the role of Chief Executive Officer and continue working with Rick Massey and our portfolio management team while sourcing new private investments that offer outsized, risk-adjusted returns." About Cannae Holdings, Inc.
Available through the Alight Worklife® platform, Alight Employee Onboarding helps employers create a comprehensive employee experience from pre-hire to onboarding, increasing engagement and first-year retention to unlock value for both employers and employees. Alight, Inc. (NYSE:ALIT), a leading cloud-based human capital and technology services provider, today announced the availability of Alight Employee Onboarding (AEO), a new solution designed to transform the onboarding experience. When onboarding new hires, employers and their HR teams are driven to reduce candidate ghosting, increase offer acceptance, boost new hire engagement and reduce attrition within the first year. Compoundin
New Independent Directors Bring Significant Experience with Global Growth Brands SEATTLE, April 27, 2023 (GLOBE NEWSWIRE) -- Trupanion, Inc. (NASDAQ:TRUP) announced today the appointment of Paulette Dodson, former General Counsel and Corporate Secretary at Alight, Inc., PetSmart Inc., and Sara Lee Corporation, and Elizabeth "Betsy" McLaughlin, former Chief Executive Officer of Hot Topic, to the Company's Board of Directors. "We're pleased to welcome Paulette and Betsy to our Board," said Darryl Rawlings, Founder, CEO and Chair of the Board. "They bring significant experience driving strategic growth for global consumer brands to Trupanion and are passionate about pets and
Seasoned Industry Executives Paulette Dodson and Michele Meyer Bring Complementary Skillsets and Public Company Experience to Board BARK, Inc. ("BARK" or the "Company") (NYSE:BARK), a leading global omnichannel dog brand with the mission to make all dogs happy, today announced that, effective immediately, Paulette Dodson and Michele Meyer are joining the Company's Board of Directors (the "Board"). Ms. Dodson and Ms. Meyer each bring significant industry experience, rounding out the Board's experience across operations, legal, corporate governance, marketing, and finance functions. Ms. Dodson is the former General Counsel and Corporate Secretary at Alight, Inc., PetSmart Inc., and Sara Lee
Alight, Inc. (NYSE:ALIT), a leading cloud-based human capital technology and services provider, today announced that it has named Kausik Rajgopal to its Board of Directors, effective March 17, 2023. The addition of Mr. Rajgopal, together with the previous appointment of Denise Williams, came as Alight expanded the size of the board from 8 to 10 members earlier this year. These changes reflect the continued evolution of Alight's operating model as a public company, which include Alight's commitment to creating a Board with a diversity of experience and perspectives, including diversity with respect to race, gender, geography, and areas of expertise. "A Board with a broad set of talents, pe
JP Morgan downgraded Alight from Overweight to Neutral and set a new price target of $8.00
Citigroup resumed coverage of Alight with a rating of Buy and set a new price target of $12.00
Canaccord Genuity initiated coverage of Alight with a rating of Buy and set a new price target of $12.00
UBS initiated coverage of Alight with a rating of Buy and set a new price target of $10.00
Citigroup initiated coverage of Alight with a rating of Buy and set a new price target of $12.00
Wedbush initiated coverage of Alight with a rating of Outperform and set a new price target of $13.00
Needham initiated coverage of Alight with a rating of Buy and set a new price target of $12.00
KeyBanc Capital Markets initiated coverage of Alight with a rating of Overweight and set a new price target of $15.00
JP Morgan initiated coverage of Alight with a rating of Overweight and set a new price target of $10.00
Stephens & Co. initiated coverage of Alight with a rating of Overweight and set a new price target of $15.00