An announcement from Manhattan Associates ( (MANH) ) is now available.
Manhattan Associates announced the election of Ms. Danielle Sheer to its Board of Directors, effective May 13, 2025, following the retirement of co-founder Mr. Deepak Raghavan. Ms. Sheer brings extensive experience in cybersecurity and corporate governance from her role as Chief Trust Officer at Commvault. Additionally, the company reported strong financial results for the first quarter of 2025, with revenue of $262.8 million and an increase in cloud subscription and license revenues. The company also repurchased shares worth $100 million and provided guidance for continued growth in 2025.
Spark’s Take on MANH Stock
According to Spark, TipRanks’ AI Analyst, MANH is a Outperform.
Manhattan Associates’ strong financial performance, characterized by impressive revenue and profit growth, robust cash flows, and a solid balance sheet, is a primary strength. The positive earnings call highlights growth in cloud revenue and high customer satisfaction, although tempered by challenges in services revenue and macroeconomic factors. Technical analysis suggests a cautious outlook due to downward momentum, while high valuation represents potential risks. The strategic CEO transition is a positive development, supporting expectations of continued growth.
To see Spark’s full report on MANH stock, click here.
More about Manhattan Associates
Manhattan Associates Inc. is a leading provider of supply chain and omnichannel commerce solutions. The company focuses on offering a unified cloud portfolio that provides best-in-class functionality across the supply chain commerce ecosystem, positioning itself as a leader in the industry.
YTD Price Performance: -40.30%
Average Trading Volume: 1,002,351
Technical Sentiment Signal: Buy
Current Market Cap: $9.75B
See more insights into MANH stock on TipRanks’ Stock Analysis page.