Manhattan Associates Raises FY2026 Outlook Significantly
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 22 2026
0mins
Should l Buy MANH?
Source: seekingalpha
- Stock Surge: Manhattan Associates (MANH) saw its stock price jump approximately 9% in after-hours trading on Tuesday, reflecting positive market sentiment following the company's upward revision of its FY2026 outlook, indicating investor confidence in its cloud business growth.
- Revenue Forecast Upgrade: The company projects FY2026 revenue between $1.147 billion and $1.157 billion, surpassing the consensus estimate of $1.15 billion, demonstrating continued momentum in its cloud-led business model and improving visibility from recurring revenue streams.
- Strong Financial Performance: Q1 consolidated revenue increased over 7% to $282.2 million, driven by a 24.2% year-over-year rise in cloud subscription revenue to $117.1 million, although license revenue fell approximately 76.3% to $2.2 million, highlighting the ongoing shift towards a subscription-based model.
- Robust Profitability: GAAP operating income grew about 2.7% to $64.9 million, while adjusted EPS rose from $1.19 to $1.24, beating estimates by $0.13, with guidance for adjusted EPS between $5.29 and $5.37, reflecting resilience in profit margins.
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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: 143.660
Low
165.00
Averages
224.57
High
250.00
Current: 143.660
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 Named Leader in Gartner Magic Quadrant for Warehouse Management Systems
- Industry Leadership: Manhattan Associates has been recognized as a Leader in the Gartner Magic Quadrant for Warehouse Management Systems for the 18th consecutive time, highlighting its ongoing innovation and market leadership in supply chain management.
- Technological Innovation: Manhattan Active WM is the industry's first fully cloud-native WMS built on microservices, featuring high scalability and intelligent automation capabilities that enhance warehouse operational efficiency and accuracy to meet rapidly changing market demands.
- Intelligent Solutions: The newly released Manhattan Active AI agents autonomously analyze and execute supply chain workflows, optimizing task orchestration and improving workforce deployment efficiency, enabling businesses to maintain agility and responsiveness in competitive B2C and B2B environments.
- Comprehensive Integration: Manhattan Active WM seamlessly integrates with the Transportation Management System, creating a unified cloud-native solution that maximizes inventory performance and operational efficiency, ensuring optimal workforce agility across the entire supply chain.
See More
Rosen Law Firm Investigates Potential Breaches by Manhattan Associates Directors
- 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.
- 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, showcasing its legal prowess.
- Industry Recognition: The firm has been ranked in the top four for securities class action settlements each year since 2013, indicating its leadership position and expertise within the industry.
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 secured over $438 million for investors in 2019 alone, showcasing its formidable legal prowess.
- Industry Recognition: The firm has been ranked in the top four for securities class action settlements each year since 2013, indicating its leadership position and professional capability within the industry.
See More
Rosen Law Firm Investigates Potential Breaches by Manhattan Associates Directors
- 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 corporate governance transparency.
- 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.
- Reputation of Law Firm: Rosen Law Firm is renowned for its successful track record in securities class actions and shareholder derivative litigation, having secured 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 for securities class action settlements each year since 2013, showcasing its sustained influence and expertise in the legal field.
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 Named Leader in Gartner Magic Quadrant for Warehouse Management Systems
- Industry Leadership: Manhattan Associates has been recognized as a Leader in the Gartner Magic Quadrant for Warehouse Management Systems for the 18th consecutive time, highlighting its ongoing innovation and market leadership in supply chain management.
- Technological Innovation: Manhattan Active WM is the industry's first fully cloud-native WMS built on microservices, featuring high scalability and intelligent automation capabilities that enhance warehouse operational efficiency and accuracy to meet rapidly changing market demands.
- Intelligent Solutions: The newly released Manhattan Active AI agents autonomously analyze and execute supply chain workflows, optimizing task orchestration and improving workforce deployment efficiency, enabling businesses to maintain agility and responsiveness in competitive B2C and B2B environments.
- Comprehensive Integration: Manhattan Active WM seamlessly integrates with the Transportation Management System, creating a unified cloud-native solution that maximizes inventory performance and operational efficiency, ensuring optimal workforce agility across the entire supply chain.
See More
Rosen Law Firm Investigates Potential Breaches by Manhattan Associates Directors
- 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.
- 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, showcasing its legal prowess.
- Industry Recognition: The firm has been ranked in the top four for securities class action settlements each year since 2013, indicating its leadership position and expertise within the industry.
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 secured over $438 million for investors in 2019 alone, showcasing its formidable legal prowess.
- Industry Recognition: The firm has been ranked in the top four for securities class action settlements each year since 2013, indicating its leadership position and professional capability within the industry.
See More
Rosen Law Firm Investigates Potential Breaches by Manhattan Associates Directors
- 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 corporate governance transparency.
- 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.
- Reputation of Law Firm: Rosen Law Firm is renowned for its successful track record in securities class actions and shareholder derivative litigation, having secured 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 for securities class action settlements each year since 2013, showcasing its sustained influence and expertise in the legal field.
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
