Manhattan Associates (NASDAQ:MANH) Updates FY 2026 Earnings Guidance

Manhattan Associates (NASDAQ:MANH) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 5.290-5.370 for the period, compared to the consensus EPS estimate of 4.630. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.1 billion.

Manhattan Associates Price Performance

Shares of MANH opened at $134.89 on Wednesday. The company has a market capitalization of $7.99 billion, a PE ratio of 37.47 and a beta of 1.05. Manhattan Associates has a one year low of $119.06 and a one year high of $247.22. The company’s fifty day moving average price is $136.96 and its 200 day moving average price is $162.23.

Manhattan Associates (NASDAQ:MANH) last released its quarterly earnings results on Tuesday, April 21st. The software maker reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.14. The company had revenue of $282.22 million during the quarter, compared to analysts’ expectations of $273.71 million. Manhattan Associates had a net margin of 20.34% and a return on equity of 75.61%. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.19 earnings per share. Manhattan Associates has set its FY 2026 guidance at 5.290-5.370 EPS. Analysts anticipate that Manhattan Associates will post 3.76 earnings per share for the current year.

Manhattan Associates declared that its Board of Directors has approved a share repurchase program on Thursday, March 5th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the software maker to repurchase up to 5.8% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

MANH has been the topic of several research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Manhattan Associates in a research note on Thursday, January 22nd. William Blair restated an “outperform” rating on shares of Manhattan Associates in a report on Thursday, March 5th. Morgan Stanley cut their price objective on shares of Manhattan Associates from $200.00 to $165.00 and set an “equal weight” rating for the company in a research report on Monday, January 5th. Barclays reduced their target price on shares of Manhattan Associates from $237.00 to $236.00 and set an “overweight” rating for the company in a research note on Monday, March 16th. Finally, Rothschild & Co Redburn set a $145.00 target price on Manhattan Associates in a research report on Thursday, April 16th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $209.45.

Manhattan Associates News Roundup

Here are the key news stories impacting Manhattan Associates this week:

• Positive Sentiment: Raised FY26 guidance: management bumped FY26 EPS to $5.29–$5.37 and revenue to $1.147B–$1.157B, and set RPO targets of $2.62B–$2.68B — a materially higher EPS outlook than Street consensus, which supports multiple re-rating and explains bullish reactions. Manhattan Associates raises 2026 outlook to $1.147B-$1.157B revenue and $5.29-$5.37 EPS as RPO targets $2.62B-$2.68B
• Positive Sentiment: Q1 results: revenue $282.2M (up 7.4% YoY) and EPS $1.24 beat consensus — the top-line beat and recurring-revenue strength underpin confidence in cloud subscription momentum. Manhattan Associates Inc (MANH) Q1 2026 Earnings Call Highlights: Strong Cloud Growth and …
• Positive Sentiment: Management commentary and headlines point to a stronger backlog and cloud demand, which the market rewarded; several outlets noted the stock jumped on the guidance/backlog signal. Manhattan Associates jumps 9% after lifting FY26 guidance, signals strong backlog
• Positive Sentiment: Cash flow and liquidity trends look constructive: operating cash flow improved and cash balances rose year-over-year, supporting investment and stability while growth scales. Manhattan Associates (MANH) Releases Q1 2026 Earnings: Revenue Beats but EPS Miss; Net Income Down, Cash Flow Up
• Neutral Sentiment: Analyst note: Stifel trimmed its price target from $225 to $200 but kept a Buy — reduces upside expectation but retains conviction; watch for further analyst reactions. Benzinga
• Neutral Sentiment: Mixed/per‑line-item results: while revenue and guidance surprised positively, some third‑party summaries flagged lower net income year-over-year and higher costs — monitor margin trajectory as cloud mix scales. Manhattan Associates (MANH) Releases Q1 2026 Earnings: Revenue Beats but EPS Miss; Net Income Down, Cash Flow Up
• Negative Sentiment: Insider activity and institutional positioning: recent disclosure shows a small insider sale and large, mixed institutional rebalancing in prior quarters — could temper sentiment if selling continues. Manhattan Associates (MANH) Releases Q1 2026 Earnings: Revenue Beats but EPS Miss; Net Income Down, Cash Flow Up

Institutional Investors Weigh In On Manhattan Associates

Several institutional investors and hedge funds have recently bought and sold shares of MANH. Caitong International Asset Management Co. Ltd raised its stake in shares of Manhattan Associates by 448.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 137 shares of the software maker’s stock valued at $28,000 after buying an additional 112 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Manhattan Associates during the 4th quarter valued at about $49,000. Quarry LP bought a new stake in Manhattan Associates in the third quarter valued at about $62,000. Measured Wealth Private Client Group LLC acquired a new position in Manhattan Associates in the third quarter worth about $68,000. Finally, Rafferty Asset Management LLC acquired a new position in Manhattan Associates in the second quarter worth about $209,000. Institutional investors own 98.45% of the company’s stock.

Manhattan Associates Company Profile

Manhattan Associates, Inc (NASDAQ: MANH) is a provider of supply chain and omnichannel commerce software solutions designed to optimize the flow of goods, information and funds across enterprise operations. Its flagship offerings include warehouse management, transportation management, order management and omnichannel fulfillment applications. These solutions are delivered through a cloud-native platform called Manhattan Active, which enables retailers, manufacturers, carriers and third-party logistics providers to orchestrate inventory, manage distribution and improve customer service in real time.

Key product areas include Manhattan Active Warehouse Management, which automates and optimizes warehouse operations from receiving through shipping; Manhattan Active Transportation Management, supporting carrier selection, routing and freight payment; and Manhattan Active Omni, which unifies order capture, inventory visibility and fulfillment across stores, distribution centers and e-commerce channels.