Citigroup resumed coverage on Alight with a new price target
$ALIT
Business Services
Consumer Discretionary
Citigroup resumed coverage of Alight with a rating of Buy and set a new price target of $12.00
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| 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 |
– Revenue of $548 million – – 92% of projected 2025 revenue under contract – – Key wins with US Foods, Markel and Delek – – Full year 2025 financial outlook reaffirmed – Alight, Inc. (NYSE:ALIT), a leading cloud-based human capital and technology-enabled services provider, today reported results for the first quarter ended March 31, 2025. "Our first quarter performance met expectations and we are off to a strong start to the year," said CEO Dave Guilmette. "We continue to bolster our leading capabilities through a focus on client-centricity and delivering with excellence, including important advancements across our artificial intelligence and delivery initiatives. As our talented team
Alight, Inc. (NYSE:ALIT), a leading cloud-based human capital and technology-enabled services provider, today announced that its Board of Directors declared a regular quarterly cash dividend of $0.04 per share on outstanding Class A Common Stock, payable on June 16, 2025 to shareholders of record as of the close of business on June 2, 2025. 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 unifyin
– Fourth quarter revenue of $680 million – – ARR bookings growth of 18% to $114 million in 2024 – – Increased stock repurchase program by $200 million – – Announces Board of Directors leadership transition – – Introduces 2025 outlook with improved revenue growth rate, profit margins and cash flow – Alight, Inc. (NYSE:ALIT), a leading cloud-based human capital and technology-enabled services provider, today reported results for the fourth quarter and full year ended December 31, 2024. "Alight concluded a transformative year on a strong note, with fourth quarter results that met expectations and included recurring revenue expansion and strong cash flow," said CEO Dave Guilmette. "We enter 2
4/A - Alight, Inc. / Delaware (0001809104) (Issuer)
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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
Alight, Inc. (NYSE:ALIT), a leading cloud-based provider of human capital and technology-enabled services, today announced the appointment of David Essary as its Chief Strategy Officer. In this role, Essary will drive Alight's corporate strategy, including M&A, corporate development, product strategy, Alight Partner strategy and support Alight's commercial strategy. Essary brings deep industry knowledge and a strong track record of leadership, most recently serving as President of Allstate Health & Benefits. There, he led digital transformation initiatives, managed M&A activity and oversaw a $2.6 billion business. An accomplished entrepreneur, he previously co-founded and led several succe
Alight, Inc. (NYSE:ALIT), a leading cloud-based human capital and technology-enabled services provider, today announced that its Chief Executive Officer, Dave Guilmette, and Chief Financial Officer, Jeremy Heaton, will present at the J.P. Morgan Global Technology, Media and Communications Conference in Boston, Massachusetts on Wednesday, May 14, 2025 at 1:00 p.m. ET, 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 35 million people and dependents. Through the administration of employee benefits, Alight helps clients gain a benefits advantage w
– Revenue of $548 million – – 92% of projected 2025 revenue under contract – – Key wins with US Foods, Markel and Delek – – Full year 2025 financial outlook reaffirmed – Alight, Inc. (NYSE:ALIT), a leading cloud-based human capital and technology-enabled services provider, today reported results for the first quarter ended March 31, 2025. "Our first quarter performance met expectations and we are off to a strong start to the year," said CEO Dave Guilmette. "We continue to bolster our leading capabilities through a focus on client-centricity and delivering with excellence, including important advancements across our artificial intelligence and delivery initiatives. As our talented team
10-Q - Alight, Inc. / Delaware (0001809104) (Filer)
8-K - Alight, Inc. / Delaware (0001809104) (Filer)
DEFA14A - Alight, Inc. / Delaware (0001809104) (Filer)
4 - Alight, Inc. / Delaware (0001809104) (Issuer)
4 - Alight, Inc. / Delaware (0001809104) (Issuer)
4 - Alight, Inc. / Delaware (0001809104) (Issuer)
Alight, Inc. (NYSE:ALIT), a leading cloud-based provider of human capital and technology-enabled services, today announced the appointment of David Essary as its Chief Strategy Officer. In this role, Essary will drive Alight's corporate strategy, including M&A, corporate development, product strategy, Alight Partner strategy and support Alight's commercial strategy. Essary brings deep industry knowledge and a strong track record of leadership, most recently serving as President of Allstate Health & Benefits. There, he led digital transformation initiatives, managed M&A activity and oversaw a $2.6 billion business. An accomplished entrepreneur, he previously co-founded and led several succe
— William P. Foley, II, to step down as Chairman, will continue to serve as board member — — Industry-veteran Russell P. Fradin appointed Chairman of the Board — — Robert Schriesheim, Robert Lopes, Jr. and Mike Hayes named to Board of Directors — Alight, Inc. (NYSE:ALIT), a leading cloud-based human capital and technology-enabled services provider, today announced that its Board of Directors (the "Board") appointed Russell (Russ) P. Fradin as its Chairman of the Board of Directors, succeeding William P. Foley, II, who will continue to serve as a board member, effective March 1, 2025. In addition, Robert (Rob) Schriesheim, Robert (Bob) Lopes, Jr., and Mike Hayes have been appointed to th
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