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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)631.89K
Market Cap
$9.66B
Enterprise Value$7.82K
Total Cash (Recent Filing)$226.13M
Total Debt (Recent Filing)$55.69M
Price to Earnings (P/E)45.8
Beta1.22
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. Volume700,443
30 Day Avg. Volume631,888
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$192.80Price Target Upside32.90% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)5.36
Revenue Forecast (FY)$1.15B
Bulls Say, Bears Say
Bulls Say
Strong Free Cash Flow GenerationManhattan consistently converts earnings into operating and free cash flow, with free cash flow running close to net income. This durable cash generation funds product investment, share repurchases, and services scaling while providing a cushion through the cloud transition and cyclical periods.
Low Leverage And Financial FlexibilityThe company’s modest debt and improving leverage give it flexibility to invest in cloud migration, AI agents, and expanded services. High ROE indicates capital efficiency; a strong balance sheet supports M&A, buybacks and strategic investments without stress from refinancing risk.
Durable Cloud Momentum And RPO GrowthRobust cloud growth and a 24% RPO increase reflect a structural shift to recurring SaaS revenue and greater forward visibility. Large new-logo wins and higher cloud guidance point to sustainable demand and scalable subscription economics that underpin multi-year revenue expansion.
Bears Say
Maintenance/License Attrition From Cloud ShiftThe structural migration to cloud reduces legacy maintenance/license revenue, creating a durable revenue-mix headwind and a ~100bp adjusted-margin impact. Sustained margin and cash benefits depend on successful cloud upsell, longer contract life and higher service penetration over time.
Gross-Margin Volatility And Decline In EquityObserved gross-margin pressures and a material drop in trailing equity may reflect mix, cost or balance-sheet actions. Declining equity can amplify ROE but reduces capital buffer, raising sustainability concerns if margin volatility persists amid cloud migration and cost reallocation.
Restructuring And Execution RiskThe 6% headcount reduction targets efficiency but introduces execution risk for implementations and services delivery. One-time charges and management exclusion of these from non-GAAP metrics may obscure near-term operating performance while the firm retools capacity toward strategic priorities.
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 $9.66B.
When is Manhattan Associates’s upcoming earnings report date?
Manhattan Associates’s upcoming earnings report date is Jul 28, 2026 which is in 6 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
Underperform
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Analyst Consensus
Strong Buy
Average Price Target:
$192.80 (32.90% Upside)
$192.80 (32.90% Upside)
Blogger Sentiment
Bullish
MANH Sentiment 70%
Sector Average 64%
Sector Average 64%
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
Positive
Last 7 Days <0.1%
Last 30 Days ▲ 3.0%
Last 30 Days ▲ 3.0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-18.08%
12-Months-Change
Fundamentals
Return on Equity
―
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 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
$192.80
▲(32.90% Upside)
Technical Analysis
Ownership Overview
1.42% Insiders
37.27% Mutual Funds
0.45% Other Institutional Investors
34.37% Public Companies and
Individual Investors








