Professional
Added to YB: 2025-10-31
Pitch date: 2025-09-30
ALIT [neutral]
Alight, Inc.
-78.94%
current return
Author Info
No bio for this author
Company Info
Alight, Inc. a technology-enabled services company worldwide. The company provides Alight Worklife, an intuitive, cloud-based employee engagement platform.
Market Cap
$354.8M
Pitch Price
$63.68
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.66
P/E
-0.17
EV/Sales
1.01
Sector
Professional Services
Category
turnaround
Meridian Growth Fund Portfolio Holding: Alight, Inc.
ALIT trimmed position: Leading cloud-based HR tech provider w/ cost advantage via software/AI automation. Tech transformation more disruptive than expected - customer retention fell 98% to 93%, soft new sales. EBITDA stabilized via cost controls but revenue normalization may take years. Compelling valuation but mixed outlook.
Read full article (1 min)