Robert W. Baird Forecasts Strong Price Appreciation for ManpowerGroup (NYSE:MAN) Stock

Posted by Brian Himes on Jul 17th, 2026

ManpowerGroup (NYSE:MAN – Get Free Report) had its price objective increased by research analysts at Robert W. Baird from $45.00 to $72.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the business services provider’s stock. Robert W. Baird’s price target would suggest a potential upside of 39.58% from the company’s current price.

A number of other analysts have also recently commented on the stock. Barclays cut their price target on shares of ManpowerGroup from $35.00 to $30.00 and set an “equal weight” rating for the company in a research note on Monday, April 13th. Weiss Ratings restated a “sell (d)” rating on shares of ManpowerGroup in a research note on Wednesday, June 24th. Wall Street Zen downgraded shares of ManpowerGroup from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of ManpowerGroup in a report on Friday, April 17th. Finally, Truist Financial decreased their price target on shares of ManpowerGroup from $38.00 to $34.00 and set a “hold” rating on the stock in a research note on Friday, April 17th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, ManpowerGroup currently has a consensus rating of “Hold” and a consensus target price of $41.88.

Check Out Our Latest Report on MAN

ManpowerGroup Stock Performance

MAN opened at $51.59 on Friday. The business’s 50-day simple moving average is $33.26 and its 200 day simple moving average is $30.97. ManpowerGroup has a 52-week low of $25.15 and a 52-week high of $53.00. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.12 and a current ratio of 1.12. The firm has a market capitalization of $2.40 billion, a PE ratio of -139.42 and a beta of 0.73.

ManpowerGroup (NYSE:MAN – Get Free Report) last posted its quarterly earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.03. ManpowerGroup had a positive return on equity of 7.01% and a negative net margin of 0.09%.The firm had revenue of $4.86 billion for the quarter, compared to analyst estimates of $4.72 billion. During the same quarter in the previous year, the firm earned ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. As a group, sell-side analysts expect that ManpowerGroup will post 3.66 earnings per share for the current fiscal year.

Institutional Investors Weigh In On ManpowerGroup

A number of institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC raised its stake in shares of ManpowerGroup by 60.3% during the third quarter. AQR Capital Management LLC now owns 3,704,326 shares of the business services provider’s stock valued at $140,394,000 after acquiring an additional 1,393,622 shares during the last quarter. Quantinno Capital Management LP lifted its holdings in ManpowerGroup by 235.8% during the 1st quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider’s stock worth $52,850,000 after buying an additional 1,259,752 shares during the period. Balyasny Asset Management L.P. grew its position in shares of ManpowerGroup by 696.9% in the 2nd quarter. Balyasny Asset Management L.P. now owns 991,063 shares of the business services provider’s stock valued at $40,039,000 after buying an additional 866,693 shares during the last quarter. Millennium Management LLC grew its position in shares of ManpowerGroup by 77.3% in the 4th quarter. Millennium Management LLC now owns 1,525,936 shares of the business services provider’s stock valued at $45,366,000 after buying an additional 665,135 shares during the last quarter. Finally, Freestone Grove Partners LP acquired a new stake in shares of ManpowerGroup in the fourth quarter valued at about $14,420,000. 98.03% of the stock is owned by institutional investors.

Key Headlines Impacting ManpowerGroup

Here are the key news stories impacting ManpowerGroup this week:

Positive Sentiment: Q2 adjusted EPS came in at $0.99, above the $0.96 estimate, showing stronger-than-expected profitability. Article Title
Positive Sentiment: Revenue reached $4.86 billion to $4.9 billion, ahead of estimates and up year over year, reflecting improved global demand across the U.S., Latin America, APME, and parts of Europe. Article Title
Positive Sentiment: Management highlighted growth in Manpower and improving Experis trends, suggesting the core staffing businesses are stabilizing and gaining momentum. Article Title
Positive Sentiment: The company also pointed to an AI-related shift and longer-term cost-saving goals, including $200 million in 2028 savings, which may support margins if execution continues. Article Title

About ManpowerGroup

(Get Free Report)

ManpowerGroup (NYSE: MAN) is a global leader in workforce solutions, offering a broad spectrum of staffing and talent management services. Founded in 1948 and headquartered in Milwaukee, Wisconsin, the company has grown from a temporary staffing firm to a diversified provider of workforce consultancy, recruitment, and outsourcing services. ManpowerGroup is publicly traded on the New York Stock Exchange under the ticker MAN.

The company’s service offerings are organized into four principal brands.