Alight, Inc. (ALIT)
NYSE: ALIT · IEX Real-Time Price · USD
7.09
-0.03 (-0.42%)
At close: Jul 2, 2024, 4:00 PM
7.08
-0.01 (-0.14%)
After-hours: Jul 2, 2024, 7:48 PM EDT
Alight Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Alight stock have an average target of 11.69, with a low estimate of 9.50 and a high estimate of 13. The average target predicts an increase of 64.88% from the current stock price of 7.09.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Alight stock from 8 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 6 |
| Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 6 | 6 | 6 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $10 → $9.5 | Strong Buy | Maintains | $10 → $9.5 | +33.99% | Jun 25, 2024 |
| DA Davidson | DA Davidson | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +69.25% | Jun 20, 2024 |
| Wedbush | Wedbush | Buy Maintains $14 → $12 | Buy | Maintains | $14 → $12 | +69.25% | May 10, 2024 |
| Keybanc | Keybanc | Buy Maintains $12 → $11 | Buy | Maintains | $12 → $11 | +55.15% | May 9, 2024 |
| Needham | Needham | Strong Buy Maintains $13 → $11 | Strong Buy | Maintains | $13 → $11 | +55.15% | May 9, 2024 |
Financial Forecast
Revenue This Year
3.56B
from 3.41B
Increased by 4.46%
Revenue Next Year
3.77B
from 3.56B
Increased by 5.78%
EPS This Year
0.74
from -0.70
EPS Next Year
0.85
from 0.74
Increased by 15.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.8B | 4.0B | 4.2B |
| Avg | 3.6B | 3.8B | 3.9B |
| Low | 3.3B | 3.4B | 3.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.1% | 11.7% | 10.5% |
| Avg | 4.5% | 5.8% | 3.1% |
| Low | -2.5% | -3.7% | -5.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.81 | 1.00 | 1.20 |
| Avg | 0.74 | 0.85 | 1.04 |
| Low | 0.59 | 0.69 | 0.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 34.6% | 40.3% |
| Avg | - | 15.2% | 21.9% |
| Low | - | -7.4% | 9.0% |
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.