Citi Downgrade Sends Alight Shares Down 8.5%; Price Target Cut to $1.00
Alight shares fell 8.5% after Citi cut its rating to Neutral and slashed the price target from $6.50 to $1.00 following weak Q4 earnings. Q4 EPS of $0.18 missed the $0.24 estimate, while the stock is down 60.5% year-to-date and trading 89.3% below its $6.97 52-week high.
1. Citi Downgrade and Price Target Cut
Alight was downgraded to Neutral from Buy by Citi, which also slashed the price target to $1.00 from $6.50, triggering an 8.5% share decline in the afternoon session.
2. Q4 2025 Earnings Shortfall
The company reported fourth-quarter EPS of $0.18, missing the $0.24 consensus estimate and underscoring ongoing operational challenges in its human capital management segment.
3. Share Performance and Volatility
Alight’s stock has fallen 60.5% year-to-date and trades 89.3% below its $6.97 52-week high, with 27 moves over 5% in the past year, and appointed Greg Giometti as interim CFO after Jeremy Heaton’s departure.