Manhattan Associates, Inc. (NASDAQ:MANH) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts give Manhattan Associates an average rating of "Moderate Buy", with 8 buys and 5 holds and a mean 12‑month price target of about $202.91.
• The company beat Q1 estimates (EPS $1.24 vs $1.10; revenue $282.2M vs $273.7M), raised FY2026 guidance to 5.290–5.370 EPS, and authorized a $500 million share buyback program.
• Shares trade around $142 with a P/E near 39.9 and a market cap of $8.43B; institutional ownership is very high (~98.45%), while an EVP recently sold 7,300 shares.

Manhattan Associates, Inc. (NASDAQ:MANH - Get Free Report) has been given an average rating of "Moderate Buy" by the thirteen research firms that are presently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $202.9091.

MANH has been the subject of a number of recent analyst reports. Rothschild & Co Redburn set a $145.00 target price on shares of Manhattan Associates in a research note on Thursday, April 16th. Morgan Stanley lowered their target price on shares of Manhattan Associates from $200.00 to $165.00 and set an "equal weight" rating for the company in a research note on Monday, January 5th. Wall Street Zen raised shares of Manhattan Associates from a "hold" rating to a "buy" rating in a research note on Saturday, March 21st. Truist Financial set a $240.00 price objective on shares of Manhattan Associates in a research note on Thursday, January 15th. Finally, Robert W. Baird upped their price objective on shares of Manhattan Associates from $183.00 to $186.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 22nd.

Manhattan Associates Stock Performance

Shares of MANH opened at $142.35 on Monday. The firm has a market capitalization of $8.43 billion, a P/E ratio of 39.87 and a beta of 1.05. Manhattan Associates has a 12-month low of $119.06 and a 12-month high of $247.22. The firm has a fifty day moving average price of $137.02 and a 200-day moving average price of $160.93.

Manhattan Associates (NASDAQ:MANH - Get Free Report) last issued its 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 firm had revenue of $282.22 million during the quarter, compared to analyst estimates of $273.71 million. Manhattan Associates had a net margin of 19.68% and a return on equity of 78.13%. The business's revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.19 earnings per share. Manhattan Associates has set its FY 2026 guidance at 5.290-5.370 EPS. Analysts predict that Manhattan Associates will post 3.75 earnings per share for the current year.

Manhattan Associates announced that its board has authorized a share buyback program on Thursday, March 5th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the software maker to repurchase up to 5.8% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board of directors believes its shares are undervalued.

Insiders Place Their Bets

In related news, EVP James Stewart Gantt sold 7,300 shares of the company's stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $139.25, for a total value of $1,016,525.00. Following the completion of the sale, the executive vice president directly owned 60,815 shares of the company's stock, valued at $8,468,488.75. This represents a 10.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.84% of the stock is currently owned by company insiders.

Institutional Trading of Manhattan Associates

A number of hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Manhattan Associates by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 6,957,028 shares of the software maker's stock worth $1,205,723,000 after acquiring an additional 136,708 shares during the period. Alliancebernstein L.P. lifted its stake in Manhattan Associates by 22.7% in the third quarter. Alliancebernstein L.P. now owns 2,801,901 shares of the software maker's stock worth $574,334,000 after acquiring an additional 518,321 shares during the period. T. Rowe Price Investment Management Inc. lifted its stake in Manhattan Associates by 35.2% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,580,241 shares of the software maker's stock worth $447,182,000 after acquiring an additional 671,589 shares during the period. AQR Capital Management LLC lifted its stake in Manhattan Associates by 6.9% in the fourth quarter. AQR Capital Management LLC now owns 2,219,539 shares of the software maker's stock worth $384,668,000 after acquiring an additional 142,407 shares during the period. Finally, Morgan Stanley lifted its stake in Manhattan Associates by 2.5% in the fourth quarter. Morgan Stanley now owns 2,178,422 shares of the software maker's stock worth $377,543,000 after acquiring an additional 53,037 shares during the period. 98.45% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Manhattan Associates

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

• Positive Sentiment: Q1 beat and raised FY‑2026 outlook — Manhattan reported stronger‑than‑expected Q1 results and raised its full‑year guidance, which investors view as the main catalyst lifting the stock. Read More.
• Positive Sentiment: Analyst bullishness — Robert W. Baird called for strong price appreciation, adding momentum to the rally as investors reprice MANH on the better outlook. Read More.
• Positive Sentiment: Market and sentiment pieces highlight momentum — multiple market writeups and a bullish Seeking Alpha piece argue Manhattan’s competitive position and guidance justify renewed investor interest. These narratives support demand into the stock. Read More.
• Neutral Sentiment: Valuation/analysis checks — coverage pieces examine valuation after the beat; useful context for investors deciding whether upside justifies the stock’s elevated P/E, but not immediate drivers of intraday moves. Read More.
• Neutral Sentiment: Earnings call summary available — the Q1 call provides detail on revenue mix, bookings and margin outlook; investors should review management commentary for signs of recurring strength or one‑time items. Read More.
• Negative Sentiment: Insider sale by an EVP — James Stewart Gantt sold 7,300 shares (~10.7% reduction in his holding), a transaction worth roughly $1.02M at the sale price; insider sales can create short‑term concern about insider conviction even if driven by non‑company reasons. Read More.
• Negative Sentiment: Contrary analyst view — DA Davidson issued a pessimistic forecast, which could cap upside or spur profit‑taking among more cautious investors. Read More.
• Neutral Sentiment: Short interest data appears anomalous — April report shows zero shares shorted (likely a data glitch), so short‑squeeze dynamics aren’t a meaningful factor today. Read More.

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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