Manhattan Associates Stock Outlook Remains Positive
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 hours ago
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Should l Buy MANH?
Source: Yahoo Finance
- Price Target Adjustment: Raymond James lowered the price target for Manhattan Associates from $240 to $230 while maintaining an Outperform rating, reflecting confidence in the company's future performance despite potential short-term pressure on stock price due to the target cut.
- Performance Highlights: The company achieved a record remaining performance obligation (RPO) in Q4 2025, with a 23% annual recurring revenue (ARR) growth rate, indicating strong momentum in acquiring new clients, which lays a solid foundation for future revenue growth.
- Market Expectations: Despite broader software volatility, Raymond James believes that Manhattan Associates has unique catalysts to achieve over 20% subscription growth, indicating strong potential in the cloud computing sector.
- Buy Rating Maintained: Truist Securities reaffirmed its Buy rating on Manhattan Associates with a price target of $240, implying a 70.88% upside, showcasing analysts' optimistic outlook on the stock.
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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: 141.630
Low
165.00
Averages
224.57
High
250.00
Current: 141.630
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 Stock Outlook Remains Positive
- Price Target Adjustment: Raymond James lowered the price target for Manhattan Associates from $240 to $230 while maintaining an Outperform rating, reflecting confidence in the company's future performance despite potential short-term pressure on stock price due to the target cut.
- Performance Highlights: The company achieved a record remaining performance obligation (RPO) in Q4 2025, with a 23% annual recurring revenue (ARR) growth rate, indicating strong momentum in acquiring new clients, which lays a solid foundation for future revenue growth.
- Market Expectations: Despite broader software volatility, Raymond James believes that Manhattan Associates has unique catalysts to achieve over 20% subscription growth, indicating strong potential in the cloud computing sector.
- Buy Rating Maintained: Truist Securities reaffirmed its Buy rating on Manhattan Associates with a price target of $240, implying a 70.88% upside, showcasing analysts' optimistic outlook on the stock.
See More
Manhattan Associates Reports Record Q4 2025 Earnings and Cloud Growth
- Cloud Business Innovation: Manhattan Associates achieved record cloud bookings in Q4 2025, with cloud revenue reaching $109 million, a 20% year-over-year increase, indicating a stronger competitive position in the rapidly growing cloud market.
- Strong Financial Performance: The company reported total annual revenue of $1.08 billion, up 4%, with adjusted EPS at $5.06, reflecting sustained growth in revenue and profitability, thereby enhancing investor confidence.
- Organizational Restructuring: The reorganization of the global sales team and the hiring of new executives aim to improve sales efficiency and market responsiveness, a strategic move expected to drive future performance and strengthen competitive advantage.
- Optimistic Outlook: Management targets RPO of $2.62 billion to $2.68 billion for 2026, with cloud revenue projected to grow 21% to $492 million, demonstrating confidence in future growth and the ability to capitalize on market opportunities.
See More
Manhattan Associates Exceeds Q4 Earnings Expectations and Provides Strong 2026 Guidance
- Strong Earnings Report: Manhattan Associates reported a Q4 non-GAAP EPS of $1.21, beating expectations by $0.08, with revenue of $270.39 million reflecting a 5.7% year-over-year increase, indicating robust market performance.
- 2026 Revenue Guidance: The company projects total revenue for 2026 to range between $1.133 billion and $1.153 billion, with a growth rate of 5% to 7%, demonstrating confidence in future growth and positive market demand.
- Improved Operating Margins: Expected GAAP operating margins for 2026 are set between 24.1% and 24.7%, while adjusted operating margins are projected at 34.5% to 35.0%, reflecting ongoing efforts in cost control and efficiency improvements.
- Earnings Per Share Outlook: The company anticipates GAAP EPS for 2026 to be between $3.37 and $3.53, with adjusted EPS ranging from $5.04 to $5.20, showcasing stability in profitability and growth potential.
See More
Manhattan Associates to Announce Q4 Earnings on January 27
- Earnings Announcement Date: Manhattan Associates is set to release its Q4 2023 earnings on January 27 after market close, with consensus EPS estimated at $1.13 (down 3.4% YoY) and revenue expected at $264.69 million (up 3.5% YoY).
- Performance Consistency: Over the past two years, Manhattan Associates has beaten EPS and revenue estimates 100% of the time, demonstrating strong profitability and market confidence.
- Estimate Revision Trends: In the last three months, EPS estimates have seen two upward revisions and one downward revision, while revenue estimates have had one upward revision with no downward adjustments, indicating analysts' optimism about the company's future performance.
- Positive Market Reaction: Following Citi's upgrade of Manhattan Associates to a “Buy” rating, the company's stock price has risen, reflecting market recognition of its growth potential.
See More
Manhattan Associates (MANH) Earnings Transcript
See More
Citi Upgrades Manhattan Associates (MANH) to Buy, Raises Price Target to $208
- Rating Upgrade: Citi upgraded Manhattan Associates from Neutral to Buy and raised the price target from $200 to $208, reflecting optimism about the company's potential to capitalize on the renewal cycle for cloud customers in 2026-2027, which is expected to drive stock price appreciation.
- Cloud Growth Outlook: Analysts project over 20% cloud revenue growth for Manhattan Associates in 2026, primarily driven by renewals from initial cloud customers acquired between 2020 and 2022, with an estimated $230 million in Remaining Performance Obligations enhancing the company's market position.
- Executive Stability: Following the CEO transition in February 2025, analysts expressed positive surprise at the stability of the core executive team, believing this will aid the company in driving sales growth in new product categories, particularly in renewals and cloud conversions.
- Impact of New Leadership: The appointment of new COO Greg Betz aims to build and scale teams focused on renewals and cloud conversions, which is expected to enhance cross-sell capabilities and renewal uplift, thereby improving overall company performance.
See More
Manhattan Associates Stock Outlook Remains Positive
- Price Target Adjustment: Raymond James lowered the price target for Manhattan Associates from $240 to $230 while maintaining an Outperform rating, reflecting confidence in the company's future performance despite potential short-term pressure on stock price due to the target cut.
- Performance Highlights: The company achieved a record remaining performance obligation (RPO) in Q4 2025, with a 23% annual recurring revenue (ARR) growth rate, indicating strong momentum in acquiring new clients, which lays a solid foundation for future revenue growth.
- Market Expectations: Despite broader software volatility, Raymond James believes that Manhattan Associates has unique catalysts to achieve over 20% subscription growth, indicating strong potential in the cloud computing sector.
- Buy Rating Maintained: Truist Securities reaffirmed its Buy rating on Manhattan Associates with a price target of $240, implying a 70.88% upside, showcasing analysts' optimistic outlook on the stock.
See More
Manhattan Associates Reports Record Q4 2025 Earnings and Cloud Growth
- Cloud Business Innovation: Manhattan Associates achieved record cloud bookings in Q4 2025, with cloud revenue reaching $109 million, a 20% year-over-year increase, indicating a stronger competitive position in the rapidly growing cloud market.
- Strong Financial Performance: The company reported total annual revenue of $1.08 billion, up 4%, with adjusted EPS at $5.06, reflecting sustained growth in revenue and profitability, thereby enhancing investor confidence.
- Organizational Restructuring: The reorganization of the global sales team and the hiring of new executives aim to improve sales efficiency and market responsiveness, a strategic move expected to drive future performance and strengthen competitive advantage.
- Optimistic Outlook: Management targets RPO of $2.62 billion to $2.68 billion for 2026, with cloud revenue projected to grow 21% to $492 million, demonstrating confidence in future growth and the ability to capitalize on market opportunities.
See More
Manhattan Associates Exceeds Q4 Earnings Expectations and Provides Strong 2026 Guidance
- Strong Earnings Report: Manhattan Associates reported a Q4 non-GAAP EPS of $1.21, beating expectations by $0.08, with revenue of $270.39 million reflecting a 5.7% year-over-year increase, indicating robust market performance.
- 2026 Revenue Guidance: The company projects total revenue for 2026 to range between $1.133 billion and $1.153 billion, with a growth rate of 5% to 7%, demonstrating confidence in future growth and positive market demand.
- Improved Operating Margins: Expected GAAP operating margins for 2026 are set between 24.1% and 24.7%, while adjusted operating margins are projected at 34.5% to 35.0%, reflecting ongoing efforts in cost control and efficiency improvements.
- Earnings Per Share Outlook: The company anticipates GAAP EPS for 2026 to be between $3.37 and $3.53, with adjusted EPS ranging from $5.04 to $5.20, showcasing stability in profitability and growth potential.
See More
Manhattan Associates to Announce Q4 Earnings on January 27
- Earnings Announcement Date: Manhattan Associates is set to release its Q4 2023 earnings on January 27 after market close, with consensus EPS estimated at $1.13 (down 3.4% YoY) and revenue expected at $264.69 million (up 3.5% YoY).
- Performance Consistency: Over the past two years, Manhattan Associates has beaten EPS and revenue estimates 100% of the time, demonstrating strong profitability and market confidence.
- Estimate Revision Trends: In the last three months, EPS estimates have seen two upward revisions and one downward revision, while revenue estimates have had one upward revision with no downward adjustments, indicating analysts' optimism about the company's future performance.
- Positive Market Reaction: Following Citi's upgrade of Manhattan Associates to a “Buy” rating, the company's stock price has risen, reflecting market recognition of its growth potential.
See More
Manhattan Associates (MANH) Earnings Transcript
See More
Citi Upgrades Manhattan Associates (MANH) to Buy, Raises Price Target to $208
- Rating Upgrade: Citi upgraded Manhattan Associates from Neutral to Buy and raised the price target from $200 to $208, reflecting optimism about the company's potential to capitalize on the renewal cycle for cloud customers in 2026-2027, which is expected to drive stock price appreciation.
- Cloud Growth Outlook: Analysts project over 20% cloud revenue growth for Manhattan Associates in 2026, primarily driven by renewals from initial cloud customers acquired between 2020 and 2022, with an estimated $230 million in Remaining Performance Obligations enhancing the company's market position.
- Executive Stability: Following the CEO transition in February 2025, analysts expressed positive surprise at the stability of the core executive team, believing this will aid the company in driving sales growth in new product categories, particularly in renewals and cloud conversions.
- Impact of New Leadership: The appointment of new COO Greg Betz aims to build and scale teams focused on renewals and cloud conversions, which is expected to enhance cross-sell capabilities and renewal uplift, thereby improving overall company performance.
See More
