Alight, Inc. (ALIT) on Edge amid Guidance 2026 Concerns

Alight, Inc. (NYSE:ALIT) is one of the best high-return penny stocks to buy right now. On February 10, DA Davidson reiterated a Buy rating on Alight, Inc. (NYSE:ALIT) but cut the price target to $5 from $6. The price target cut comes amid concerns that the company’s new senior management team will provide conservative guidance for 2026.

The concerns come against the backdrop of the company delivering disappointing results in 2025, which triggered a trimming of forecasts. The disappointing results were followed by a recommendation that the company consider terminating its dividend program. There is a push to redirect cash flows towards share repurchases and debt reduction. Amid the concerns, DA Davidson maintains a buy rating, affirming its confidence in the company’s long-term prospects.

Alight has already implemented significant leadership changes as it seeks to deliver a market-leading benefits experience for employers across its core solutions, Health navigation, and Wealth. Consequently, it has appointed Karen Frost as Senior Vice President, Health and Navigation Solution. Kevin Curry is to take over as Senior Vice President, Leaves Solution Leader. The two are tasked with aligning the company’s market strategies across Alight’s health, navigation, and leave solutions.

“Karen’s and Kevin’s knowledge and leadership capabilities in guiding organizations through growth and delivering solutions that simplify the complexity of health, navigation and absence management solutions will be instrumental as Alight continues to provide a leading benefits experience,” said Rohit Verma, Alight’s Chief Executive Officer.

Alight, Inc. (NYSE:ALIT) is a leading cloud-based provider of human capital and technology-enabled services, specializing in employee benefits administration, HR, and financial wellness. Alight utilizes its platform to help organizations manage health, wealth, payroll, and employee well-being for millions of users worldwide.

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Disclosure: None. This article is originally published at Insider Monkey.