Manhattan Associates to Announce Q4 Earnings Amid Analyst Upgrade
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy MANH?
Source: seekingalpha
Manhattan Associates Inc's stock fell by 6.15% as it crossed below the 5-day SMA, despite the broader market's gains with the Nasdaq-100 up 0.97% and the S&P 500 up 0.48%.
The company is set to announce its Q4 2023 earnings on January 27, with consensus EPS estimated at $1.13, reflecting a 3.4% decline year-over-year. Despite this, Manhattan Associates has consistently beaten EPS and revenue estimates in the past two years, showcasing strong profitability. Additionally, recent analyst revisions indicate optimism, with Citi upgrading the stock to a 'Buy' rating, which has positively influenced market sentiment.
The upcoming earnings report is crucial for Manhattan Associates, as it will provide insights into the company's performance and future outlook, especially in light of the recent analyst upgrade.
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Analyst Views on MANH
Wall Street analysts forecast MANH stock price to rise
8 Analyst Rating
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 134.890
Low
165.00
Averages
224.57
High
250.00
Current: 134.890
Low
165.00
Averages
224.57
High
250.00
About MANH
Manhattan Associates, Inc. develops, sells, deploys, services and maintains software solutions designed to manage supply chains, inventory and omnichannel operations for retailers, wholesalers, manufacturers, logistics providers and other organizations. It operates in North and Latin America; Europe, the Middle East and Africa (EMEA); and the Asia Pacific (APAC) regions. It provides companies with the tools needed to manage distribution and optimize transportation costs throughout their entire commercial network. Its solutions consist of software, services, and hardware, which coordinate people, workflows, assets, events, and tasks holistically across the functions linked in a supply chain from planning through execution. These solutions help to coordinate the actions, data exchange, and communication of participants in supply chain ecosystems, such as manufacturers, suppliers, distributors, trading partners, transportation providers, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Manhattan Associates Reports Strong Q1 2026 Earnings Exceeding Expectations
- Significant Cloud Revenue Growth: Manhattan Associates reported a 24% increase in cloud revenue to $117 million in Q1, contributing to total revenue of $282 million, which exceeded market expectations and demonstrated strong performance and sustained demand in the cloud computing sector.
- Strong New Customer Orders: Over 55% of new cloud bookings came from new customers, with the company's win rate consistently above 70%, indicating significant market share gains and customer trust in a competitive landscape.
- Operational Efficiency Improvements: The active agent pilot program led to a 75% reduction in exceptions for a food distribution client and a 30% increase in shipments for an industrial distribution client, showcasing the company's success in enhancing customer operational efficiency.
- Upward Revision of Annual Performance Outlook: The company expects total revenue for 2026 to reach between $1.147 billion and $1.157 billion, with adjusted EPS guidance raised to a range of $5.29 to $5.37, reflecting management's confidence in future performance despite ongoing external uncertainties.
See More
Manhattan Associates Unveils New Retail Features
- AI-Driven Retail Innovations: Manhattan Associates' newly launched embedded agentic AI capabilities are designed to help retailers maximize revenue and profit in both in-store and online sales while enhancing customer experiences, showcasing the company's leadership in retail technology.
- Commercial Availability of New AI Agents: Three new AI agents (Store Associate Agent, Contact Centre Agent, and OMS Configuration Agent) are now available within the Manhattan Active Omni user interface, utilizing a natural language interface to provide real-time sales and inventory insights, enabling retailers to resolve issues quickly and deliver personalized support.
- Fulfillment Optimization Simulation Engine: The newly introduced Fulfillment Optimization Simulation engine allows enterprises to model and compare different fulfillment strategies by balancing cost, speed, and service levels, providing data-driven insights that help retailers make more efficient operational decisions.
- Enhanced Point of Sale Experience: Manhattan's Point of Sale system now features a Customer Facing Display, allowing shoppers to view their cart in real-time, input shipping information, and choose receipt delivery methods, thereby improving the checkout experience and speeding up transactions while increasing customer engagement.
See More
Manhattan Associates Exceeds Q1 Earnings Expectations
- Significant Revenue Growth: Manhattan Associates reported Q1 revenue exceeding $282 million, a 7% year-over-year increase, primarily driven by a robust 24% rise in cloud subscription revenue to $117 million, indicating strong market demand in the supply chain management software sector.
- Steady Net Income Increase: Non-GAAP net income rose to nearly $74.3 million, with earnings per share at $1.24, reflecting a nearly 2% increase and surpassing analyst expectations of $1.11, showcasing enhanced profitability for the company.
- Optimistic Future Outlook: The company forecasts annual revenue for 2026 to be between $1.15 billion and $1.16 billion, representing at least a 6% growth, while adjusted net income per share is anticipated to be between $5.29 and $5.37, reflecting confidence in future growth opportunities.
- Positive Market Reaction: Following the earnings release, Manhattan Associates' stock surged nearly 6%, demonstrating investor recognition of the company's strong performance and growth potential, further solidifying its leadership position in the supply chain management space.
See More
Manhattan Associates Reports Strong Q1 Earnings with 24% Subscription Revenue Growth
- Subscription Revenue Surge: Manhattan Associates reported a 24% year-over-year increase in subscription revenue, reaching $117 million, which contributed to an overall revenue of $282 million, a 7% rise from last year, indicating strong demand in the cloud solutions sector.
- Earnings Beat Expectations: The company's non-GAAP net income rose nearly 2% to just under $74.3 million ($1.24 per share), surpassing analyst estimates of $274 million and $1.11 per share, reflecting its competitive edge in the supply chain management software market.
- Positive Growth Outlook: Management anticipates annual revenue for 2026 to be between $1.15 billion and $1.16 billion, representing at least a 6% increase from 2025, with adjusted net income per share projected at $5.29 to $5.37, showcasing confidence in long-term growth.
- Strong Market Reaction: Following the earnings release, investors showed significant interest in Manhattan Associates' stock, driving shares up nearly 6% in a single day, indicating optimistic market sentiment regarding the company's future performance.
See More
Rosen Law Firm Investigates Manhattan Associates' Board Breaches
- Investigation Launched: Rosen Law Firm has announced an investigation into potential breaches of fiduciary duties by the directors and officers of Manhattan Associates, aiming to protect investor rights and ensure transparency in corporate governance.
- Investor Rights Protection: The firm encourages shareholders of Manhattan Associates to visit its website for more information, demonstrating a strong commitment to safeguarding investor interests and providing legal support.
- Law Firm Background: Rosen Law Firm is renowned for its successful track record in securities class actions and shareholder derivative litigation, having recovered over $438 million for investors in 2019 alone, highlighting its leadership in the industry.
- Industry Recognition: The firm has been ranked in the top four by ISS Securities Class Action Services every year since 2013, indicating its professionalism and influence in the securities litigation field.
See More
Manhattan Associates Reports Strong Cloud Revenue Growth and AI Strategy Advancements
- Cloud Revenue Surge: Manhattan Associates reported a cloud revenue growth acceleration to 24.2%, up from 20% in the previous quarter, indicating significant progress in its transformation and expected to drive future revenue growth.
- Future Obligations Rise: The company's future obligations (RPO) increased by 24%, reflecting strong ongoing demand for its cloud services, which enhances its competitive position in the market.
- New Client Contributions: 55% of new bookings came from new clients, demonstrating Manhattan's success in attracting new business, further solidifying its market position and driving overall sales growth.
- AI Strategy Implementation: The company has seen initial successes in building and deploying its AI platform, and with ongoing technological advancements, it is expected to provide new momentum for future business growth.
See More
Manhattan Associates Reports Strong Q1 2026 Earnings Exceeding Expectations
- Significant Cloud Revenue Growth: Manhattan Associates reported a 24% increase in cloud revenue to $117 million in Q1, contributing to total revenue of $282 million, which exceeded market expectations and demonstrated strong performance and sustained demand in the cloud computing sector.
- Strong New Customer Orders: Over 55% of new cloud bookings came from new customers, with the company's win rate consistently above 70%, indicating significant market share gains and customer trust in a competitive landscape.
- Operational Efficiency Improvements: The active agent pilot program led to a 75% reduction in exceptions for a food distribution client and a 30% increase in shipments for an industrial distribution client, showcasing the company's success in enhancing customer operational efficiency.
- Upward Revision of Annual Performance Outlook: The company expects total revenue for 2026 to reach between $1.147 billion and $1.157 billion, with adjusted EPS guidance raised to a range of $5.29 to $5.37, reflecting management's confidence in future performance despite ongoing external uncertainties.
See More
Manhattan Associates Unveils New Retail Features
- AI-Driven Retail Innovations: Manhattan Associates' newly launched embedded agentic AI capabilities are designed to help retailers maximize revenue and profit in both in-store and online sales while enhancing customer experiences, showcasing the company's leadership in retail technology.
- Commercial Availability of New AI Agents: Three new AI agents (Store Associate Agent, Contact Centre Agent, and OMS Configuration Agent) are now available within the Manhattan Active Omni user interface, utilizing a natural language interface to provide real-time sales and inventory insights, enabling retailers to resolve issues quickly and deliver personalized support.
- Fulfillment Optimization Simulation Engine: The newly introduced Fulfillment Optimization Simulation engine allows enterprises to model and compare different fulfillment strategies by balancing cost, speed, and service levels, providing data-driven insights that help retailers make more efficient operational decisions.
- Enhanced Point of Sale Experience: Manhattan's Point of Sale system now features a Customer Facing Display, allowing shoppers to view their cart in real-time, input shipping information, and choose receipt delivery methods, thereby improving the checkout experience and speeding up transactions while increasing customer engagement.
See More
Manhattan Associates Exceeds Q1 Earnings Expectations
- Significant Revenue Growth: Manhattan Associates reported Q1 revenue exceeding $282 million, a 7% year-over-year increase, primarily driven by a robust 24% rise in cloud subscription revenue to $117 million, indicating strong market demand in the supply chain management software sector.
- Steady Net Income Increase: Non-GAAP net income rose to nearly $74.3 million, with earnings per share at $1.24, reflecting a nearly 2% increase and surpassing analyst expectations of $1.11, showcasing enhanced profitability for the company.
- Optimistic Future Outlook: The company forecasts annual revenue for 2026 to be between $1.15 billion and $1.16 billion, representing at least a 6% growth, while adjusted net income per share is anticipated to be between $5.29 and $5.37, reflecting confidence in future growth opportunities.
- Positive Market Reaction: Following the earnings release, Manhattan Associates' stock surged nearly 6%, demonstrating investor recognition of the company's strong performance and growth potential, further solidifying its leadership position in the supply chain management space.
See More
Manhattan Associates Reports Strong Q1 Earnings with 24% Subscription Revenue Growth
- Subscription Revenue Surge: Manhattan Associates reported a 24% year-over-year increase in subscription revenue, reaching $117 million, which contributed to an overall revenue of $282 million, a 7% rise from last year, indicating strong demand in the cloud solutions sector.
- Earnings Beat Expectations: The company's non-GAAP net income rose nearly 2% to just under $74.3 million ($1.24 per share), surpassing analyst estimates of $274 million and $1.11 per share, reflecting its competitive edge in the supply chain management software market.
- Positive Growth Outlook: Management anticipates annual revenue for 2026 to be between $1.15 billion and $1.16 billion, representing at least a 6% increase from 2025, with adjusted net income per share projected at $5.29 to $5.37, showcasing confidence in long-term growth.
- Strong Market Reaction: Following the earnings release, investors showed significant interest in Manhattan Associates' stock, driving shares up nearly 6% in a single day, indicating optimistic market sentiment regarding the company's future performance.
See More
Rosen Law Firm Investigates Manhattan Associates' Board Breaches
- Investigation Launched: Rosen Law Firm has announced an investigation into potential breaches of fiduciary duties by the directors and officers of Manhattan Associates, aiming to protect investor rights and ensure transparency in corporate governance.
- Investor Rights Protection: The firm encourages shareholders of Manhattan Associates to visit its website for more information, demonstrating a strong commitment to safeguarding investor interests and providing legal support.
- Law Firm Background: Rosen Law Firm is renowned for its successful track record in securities class actions and shareholder derivative litigation, having recovered over $438 million for investors in 2019 alone, highlighting its leadership in the industry.
- Industry Recognition: The firm has been ranked in the top four by ISS Securities Class Action Services every year since 2013, indicating its professionalism and influence in the securities litigation field.
See More
Manhattan Associates Reports Strong Cloud Revenue Growth and AI Strategy Advancements
- Cloud Revenue Surge: Manhattan Associates reported a cloud revenue growth acceleration to 24.2%, up from 20% in the previous quarter, indicating significant progress in its transformation and expected to drive future revenue growth.
- Future Obligations Rise: The company's future obligations (RPO) increased by 24%, reflecting strong ongoing demand for its cloud services, which enhances its competitive position in the market.
- New Client Contributions: 55% of new bookings came from new clients, demonstrating Manhattan's success in attracting new business, further solidifying its market position and driving overall sales growth.
- AI Strategy Implementation: The company has seen initial successes in building and deploying its AI platform, and with ongoing technological advancements, it is expected to provide new momentum for future business growth.
See More
