Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest update is out from Alight ( (ALIT) ).
Alight, Inc. has announced that Dave Guilmette will step down from his roles as CEO and Vice Chair of the Board of Directors at the end of 2025. In connection with his departure, a Separation Agreement was reached, which includes a potential three-month consultancy period for Guilmette to aid in the company’s 2026 business plan transition, with compensation and continued stock vesting.
The most recent analyst rating on (ALIT) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Alight stock, see the ALIT Stock Forecast page.
Spark’s Take on ALIT Stock
According to Spark, TipRanks’ AI Analyst, ALIT is a Neutral.
Alight’s overall stock score reflects significant financial and operational challenges, with profitability and revenue growth being major concerns. While technical indicators and valuation metrics suggest caution, strategic initiatives in AI and partnerships, along with a strong dividend yield, provide some optimism. The new CEO appointment is a positive development, but immediate improvements are necessary to enhance the company’s financial health.
To see Spark’s full report on ALIT stock, click here.
More about Alight
Average Trading Volume: 10,709,807
Technical Sentiment Signal: Sell
Current Market Cap: $1.09B
See more data about ALIT stock on TipRanks’ Stock Analysis page.