Alight, Inc. (ALIT)
NYSE: ALIT · Real-Time Price · USD
6.73
-0.07 (-1.03%)
Nov 4, 2024, 4:00 PM EST - Market closed
Alight Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Alight stock have an average target of 10.61, with a low estimate of 8.00 and a high estimate of 13. The average target predicts an increase of 57.65% from the current stock price of 6.73.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 30, 2024.
Analyst Ratings
The average analyst rating for Alight stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 6 | 6 | 6 | 6 | 6 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 8 | 8 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $9 | Strong Buy | Reiterates | $9 | +33.73% | Sep 30, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $12 → $11 | Strong Buy | Maintains | $12 → $11 | +63.45% | Aug 29, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $8 | Buy → Hold | Downgrades | $8 | +18.87% | Aug 20, 2024 |
| Wedbush | Wedbush | Buy Maintains $12 → $10 | Buy | Maintains | $12 → $10 | +48.59% | Aug 8, 2024 |
| Needham | Needham | Strong Buy Maintains $11 → $9 | Strong Buy | Maintains | $11 → $9 | +33.73% | Aug 7, 2024 |
Financial Forecast
Revenue This Year
2.41B
from 3.41B
Decreased by -29.30%
Revenue Next Year
2.48B
from 2.41B
Increased by 3.03%
EPS This Year
0.54
from -0.70
EPS Next Year
0.58
from 0.54
Increased by 6.76%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.7B | 2.6B | 2.7B |
| Avg | 2.4B | 2.5B | 2.6B |
| Low | 2.3B | 2.4B | 2.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -20.8% | 7.7% | 10.6% |
| Avg | -29.3% | 3.0% | 5.0% |
| Low | -34.0% | -2.4% | -1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.65 | 0.79 | 1.05 |
| Avg | 0.54 | 0.58 | 0.68 |
| Low | 0.40 | 0.28 | 0.31 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 44.8% | 80.8% |
| Avg | - | 6.8% | 17.9% |
| Low | - | -47.8% | -46.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.