Manhattan Associates (MANH)
NASDAQ:MANH
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MANH Stock Chart & Stats
$145.07
$1.85(0.69%)
At close: 4:00 PM EST
$145.07
$1.85(0.69%)
Day’s Range― - ―
52-Week Range$119.06 - $247.22
Previous CloseN/A
Volume43.25K
Average Volume (3M)592.76K
Market Cap
$7.83B
Enterprise Value$7.64B
Total Cash (Recent Filing)$226.13M
Total Debt (Recent Filing)$55.69M
Price to Earnings (P/E)36.4
Beta1.25
Next Earnings
Jul 28, 2026EPS Estimate
1.32Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.61
Shares Outstanding59,164,600
10 Day Avg. Volume585,980
30 Day Avg. Volume592,758
Financial Highlights & Ratios
PEG Ratio21.19
Price to Book (P/B)33.30
Price to Sales (P/S)9.69
P/FCF Ratio28.02
Enterprise Value/Market Cap0.98
Enterprise Value/Revenue6.94
Enterprise Value/Gross Profit12.50
Enterprise Value/Ebitda25.72
Forecast
1Y Price Target
$184.83Price Target Upside27.41% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)5.36
Revenue Forecast (FY)$1.15B
Bulls Say, Bears Say
Bulls Say
Strong Free Cash Flow GenerationConsistent, strong operating and free cash flow that track closely to net income signals high earnings quality and internal funding capacity. This durable cash generation supports reinvestment in product R&D, M&A optionality, share repurchases and cushions cyclical downturns without relying on external financing.
Cloud Revenue Acceleration And RPO GrowthHigh cloud growth and rapidly expanding RPO reflect durable recurring revenue expansion and stronger forward-looking visibility. Larger RPO and cloud momentum improve revenue stickiness, reduce renewals dependency on legacy licenses, and provide predictable subscription cash flows that underpin long-term margin leverage.
High And Improving Operating MarginsSustained mid-to-high-teens net margins and a raised adjusted operating margin target indicate durable operating leverage from software mix and scaling cloud economics. Higher margins improve free cash flow conversion and provide resources to invest in product development and services capability without eroding profitability.
Bears Say
Maintenance/license Attrition From Cloud MigrationAs customers move from on-premise licenses and maintenance to cloud subscriptions, legacy recurring revenue will shrink materially. That structural mix shift compresses near-term revenue and can create one-point margin headwinds, requiring successful cloud upsell to fully offset lost legacy economics over time.
Restructuring And Workforce ReductionWorkforce reduction can lower operating costs long-term but introduces execution risk during transition and near-term cash charges. Reduced headcount may slow implementations and services delivery capacity, potentially impairing customer deployments and revenue expansion if hiring and FDE scaling do not offset lost operational bandwidth.
Early-stage AI Monetization And Nonrecurring Cloud UpsideAgentic AI and other new offerings show promising early ROI but remain early-stage for monetization, creating uncertainty on timing and scale of revenue contribution. Additionally, one-off overage items inflated recent cloud growth, so durable revenue improvement depends on converting pilots to broad, repeatable subscriptions.
Manhattan Associates News
MANH FAQ
What was Manhattan Associates’s price range in the past 12 months?
Manhattan Associates lowest stock price was $119.06 and its highest was $247.22 in the past 12 months.
What is Manhattan Associates’s market cap?
Manhattan Associates’s market cap is $7.83B.
When is Manhattan Associates’s upcoming earnings report date?
Manhattan Associates’s upcoming earnings report date is Jul 28, 2026 which is in 35 days.
How were Manhattan Associates’s earnings last quarter?
Manhattan Associates released its earnings results on Apr 21, 2026. The company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.115 by $0.125.
Is Manhattan Associates overvalued?
According to Wall Street analysts Manhattan Associates’s price is currently Undervalued.
Does Manhattan Associates pay dividends?
Manhattan Associates does not currently pay dividends.
What is Manhattan Associates’s EPS estimate?
Manhattan Associates’s EPS estimate is 1.32.
How many shares outstanding does Manhattan Associates have?
Manhattan Associates has 59,164,600 shares outstanding.
What happened to Manhattan Associates’s price movement after its last earnings report?
Manhattan Associates reported an EPS of $1.24 in its last earnings report, beating expectations of $1.115. Following the earnings report the stock price went up 5.923%.
Which hedge fund is a major shareholder of Manhattan Associates?
Currently, no hedge funds are holding shares in MANH
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Manhattan Associates Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$184.83 (27.41% Upside)
$184.83 (27.41% Upside)
Blogger Sentiment
Bullish
MANH Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 124.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.8%
Last 30 Days ▼ 5.4%
Last 30 Days ▼ 5.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-29.82%
12-Months-Change
Fundamentals
Return on Equity
78.22%
Trailing 12-Months
Asset Growth
4.56%
Trailing 12-Months
Company Description
Manhattan Associates
Manhattan Associates, Inc. develops comprehensive software solutions to manage and optimize supply chains, inventory, and omni-channel operations. Their product portfolio features Manhattan SCALE, a suite of logistics execution tools covering aspects like trading partner management, yard optimization, warehouse management, and transportation execution. Additionally, they offer Manhattan Active, which provides integrated enterprise and in-store omni-channel solutions. The company also supplies specialized solutions for inventory optimization, planning, and allocation. Supporting these offerings are a range of services, including ongoing maintenance (customer support and software enhancements), professional services (solution planning, implementation, and consulting), and training and change management programs. Beyond software, Manhattan Associates also resells complementary hardware such as computer equipment, radio frequency (RF) terminal networks, RFID readers, barcode printers and scanners, and other peripherals. They distribute their products through a direct sales force and via strategic partnership agreements. Serving a diverse global clientele, their industry reach includes grocery, food and beverage, manufacturing, medical and pharmaceutical, retail, third-party logistics (3PLs), and wholesale. With operations spanning the Americas, Europe, the Middle East, Africa, and the Asia Pacific, Manhattan Associates, Inc. was founded in 1990 and is headquartered in Atlanta, Georgia.
MANH Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented multiple strong operational and financial positives: accelerating cloud revenue (24% growth), a 24% increase in RPO to $2.35B, improved adjusted margins, raised full-year guidance, strong new-logo momentum including the largest-ever OMS booking, and promising early AI/agent customer outcomes. Offsets include GAAP EPS pressure from higher taxes, expected attrition of maintenance/license revenue as customers migrate to cloud (maintenance down ~17%), some nonrecurring cloud overage upside in Q1, and continued macro/FX uncertainty. Overall, management emphasized conservative modeling for the remainder of 2026 while highlighting durable wins and investments that underpin longer-term growth.View all MANH earnings summariesMANH Revenue Breakdown
52.53% Services
27.42% Cloud subscriptions
15.50% Maintenance
2.60% Hardware
1.96% Software license
MANH Stock 12 Month Forecast
Average Price Target
$184.83
▲(27.41% Upside)
Technical Analysis
Ownership Overview
1.42% Insiders
37.58% Mutual Funds
24.23% Other Institutional Investors
9.89% Public Companies and
Individual Investors