Manhattan Associates (NASDAQ:MANH – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 5.440-5.500 for the period, compared to the consensus EPS estimate of 5.020. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.
Manhattan Associates Trading Up 21.3%
Shares of MANH stock opened at $204.02 on Thursday. The stock has a 50 day moving average of $148.29 and a two-hundred day moving average of $145.05. Manhattan Associates has a 12 month low of $119.06 and a 12 month high of $229.57. The company has a market capitalization of $12.07 billion, a P/E ratio of 58.46 and a beta of 0.97.
Manhattan Associates (NASDAQ:MANH – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The software maker reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.07. The company had revenue of $297.79 million for the quarter, compared to analyst estimates of $289.03 million. Manhattan Associates had a return on equity of 77.39% and a net margin of 18.67%.Manhattan Associates’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.31 EPS. Sell-side analysts predict that Manhattan Associates will post 3.74 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Analysis on Manhattan Associates
Insiders Place Their Bets
In other Manhattan Associates news, CEO Eric Andrew Clark sold 1,000 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $146.77, for a total transaction of $146,770.00. Following the completion of the transaction, the chief executive officer directly owned 92,638 shares in the company, valued at $13,596,479.26. This represents a 1.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.84% of the stock is owned by company insiders.
Key Stories Impacting Manhattan Associates
Here are the key news stories impacting Manhattan Associates this week:
- Positive Sentiment: Q2 results exceeded expectations: Adjusted earnings were $1.39 per share versus the $1.31-$1.32 consensus, while revenue rose 9.3% year over year to $297.8 million, ahead of the roughly $289 million estimate. Manhattan Associates Q2 Earnings and Revenues Beat Estimates
- Positive Sentiment: Cloud momentum remained a key catalyst: Cloud subscription revenue jumped 26% to $126.7 million, helping drive sales and profitability. Remaining performance obligations reached approximately $2.47 billion, supporting visibility into future revenue. MANH Q2 Earnings Beat Estimates, Cloud Growth Fuels Revenues
- Positive Sentiment: 2026 outlook was raised or reaffirmed at bullish levels: Management projected revenue of $1.160 billion to $1.166 billion and GAAP EPS of $3.59 to $3.65, while introducing new “Active Editions” products and targeting year-end RPO of $2.62 billion to $2.68 billion. Manhattan Associates Projects 2026 Revenue and RPO
- Positive Sentiment: Analyst sentiment improved: Robert W. Baird raised its price target to $218 from $186 and maintained an Outperform rating. William Blair also reiterated a Buy rating, citing cloud acceleration and potential growth from agent-based capabilities. Market and Analyst Coverage
- Neutral Sentiment: The broader market faced pressure from a sharp oil-price spike, escalating U.S.-Iran tensions and uncertainty ahead of the Federal Reserve’s rate decision. This macro volatility could limit further gains even as MANH’s company-specific results remain favorable. Oil Spikes and Nasdaq 100 Sinks Before Fed
Institutional Investors Weigh In On Manhattan Associates
Several large investors have recently made changes to their positions in MANH. NewEdge Advisors LLC increased its position in shares of Manhattan Associates by 3.3% during the 2nd quarter. NewEdge Advisors LLC now owns 1,852 shares of the software maker’s stock worth $366,000 after purchasing an additional 59 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in Manhattan Associates by 2.6% in the third quarter. Tower Research Capital LLC TRC now owns 2,708 shares of the software maker’s stock valued at $555,000 after buying an additional 69 shares in the last quarter. CIBC Private Wealth Group LLC boosted its position in Manhattan Associates by 1.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 6,369 shares of the software maker’s stock valued at $1,104,000 after buying an additional 80 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in Manhattan Associates by 7.4% during the second quarter. Smartleaf Asset Management LLC now owns 1,365 shares of the software maker’s stock worth $269,000 after buying an additional 94 shares during the last quarter. Finally, Lido Advisors LLC grew its stake in Manhattan Associates by 8.5% during the fourth quarter. Lido Advisors LLC now owns 1,332 shares of the software maker’s stock worth $231,000 after buying an additional 104 shares during the last quarter. 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.
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