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Alight Seeks Approval to Declassify Board

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Alight Seeks Approval to Declassify Board

Meet Your ETF AI Analyst

Alight ( (ALIT) ) just unveiled an announcement.

On November 5, 2025, Alight announced its Board of Directors’ decision to seek stockholder approval for declassifying the Board at the 2026 annual meeting. In its third quarter 2025 results, Alight reported a 4% revenue decrease to $533 million, primarily due to lower project revenue and the finalization of a commercial agreement related to a past divestiture. Despite a significant non-cash goodwill impairment charge impacting net loss, the company improved its adjusted EBITDA and expanded relationships with major clients like MetLife and Cintas. The announcement reflects Alight’s strategic focus on enhancing client outcomes and strengthening its competitive position through AI and automation investments.

The most recent analyst rating on (ALIT) stock is a Hold with a $3.00 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 technical challenges, with declining revenues and profitability issues being the most impactful factors. The stock’s bearish technical indicators and negative valuation metrics further weigh on the score. However, the company’s strategic focus on technology and partnerships, along with stable cash flow performance, provide some positive outlook for future growth.

To see Spark’s full report on ALIT stock, click here.

More about Alight

Alight is a leading cloud-based human capital technology and services provider, serving many of the world’s largest organizations and 35 million people and dependents. The company focuses on administering employee benefits to help clients build a healthy and financially secure workforce, utilizing its Alight Worklife® platform to offer personalized benefits management and data-driven insights.

Average Trading Volume: 8,366,703

Technical Sentiment Signal: Sell

Current Market Cap: $1.46B

For an in-depth examination of ALIT stock, go to TipRanks’ Overview page.

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