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

Manhattan Associates (NASDAQ:MANH) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 5.290-5.370 for the period, compared to the consensus EPS estimate of 5.040. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.

Manhattan Associates Price Performance

NASDAQ MANH opened at $145.15 on Thursday. Manhattan Associates has a 1-year low of $119.06 and a 1-year high of $247.22. The business’s fifty day moving average price is $138.08 and its 200-day moving average price is $151.26. The stock has a market capitalization of $8.59 billion, a price-to-earnings ratio of 40.66 and a beta of 0.97.

Manhattan Associates (NASDAQ:MANH) last announced its earnings results on Tuesday, April 21st. The software maker reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $1.10 by $0.14. Manhattan Associates had a return on equity of 78.13% and a net margin of 19.68%.The company had revenue of $282.22 million for the quarter, compared to analysts’ expectations of $273.71 million. During the same period last year, the firm earned $1.19 EPS. Manhattan Associates’s revenue for the quarter was up 7.4% compared to the same quarter last year. Manhattan Associates has set its FY 2026 guidance at 5.290-5.370 EPS. Equities research analysts anticipate that Manhattan Associates will post 3.68 EPS for the current year.

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

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Rothschild & Co Redburn set a $145.00 target price on Manhattan Associates in a report on Thursday, April 16th. DA Davidson reissued a “buy” rating and set a $200.00 price target on shares of Manhattan Associates in a report on Wednesday, May 20th. Robert W. Baird raised their price target on Manhattan Associates from $183.00 to $186.00 and gave the company an “outperform” rating in a report on Wednesday, April 22nd. Stifel Nicolaus set a $200.00 price target on Manhattan Associates in a report on Wednesday, May 20th. Finally, Weiss Ratings cut Manhattan Associates from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, April 27th. Eight equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Manhattan Associates currently has an average rating of “Moderate Buy” and a consensus price target of $199.45.

Insider Activity

In other news, CEO Eric Andrew Clark sold 1,000 shares of Manhattan Associates stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $146.77, for a total value of $146,770.00. Following the sale, the chief executive officer directly owned 92,638 shares of the company’s stock, valued at approximately $13,596,479.26. The trade was a 1.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP James Stewart Gantt sold 7,300 shares of Manhattan Associates stock in a transaction dated Friday, April 24th. The stock was 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 in the company, valued at $8,468,488.75. This trade represents a 10.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.84% of the company’s stock.

More Manhattan Associates News

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

• Positive Sentiment: Manhattan Associates raised FY 2026 guidance, with EPS outlook of $5.29-$5.37 versus the $5.04 consensus, suggesting management expects stronger profitability ahead.
• Positive Sentiment: The company is highlighting its cloud-first strategy and AI initiatives, including ActivePlatform and new agent pilots, which could support longer-term growth if adoption accelerates.
• Positive Sentiment: Manhattan Associates also announced its 2026 Spotlight on Innovation Awards, reinforcing its customer relationships and brand positioning in supply chain commerce. Article Title

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC grew its position in Manhattan Associates by 3.3% in the second quarter. NewEdge Advisors LLC now owns 1,852 shares of the software maker’s stock worth $366,000 after acquiring an additional 59 shares in the last quarter. Tower Research Capital LLC TRC grew 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 worth $555,000 after acquiring an additional 69 shares in the last quarter. CIBC Private Wealth Group LLC grew 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 worth $1,104,000 after acquiring an additional 80 shares in the last quarter. Smartleaf Asset Management LLC grew its position in Manhattan Associates by 7.4% in the second quarter. Smartleaf Asset Management LLC now owns 1,365 shares of the software maker’s stock worth $269,000 after acquiring an additional 94 shares in the last quarter. Finally, Lido Advisors LLC grew its position in Manhattan Associates by 8.5% in the fourth quarter. Lido Advisors LLC now owns 1,332 shares of the software maker’s stock worth $231,000 after acquiring an additional 104 shares in the last quarter. Hedge funds and other institutional investors own 98.45% of the company’s stock.

About Manhattan Associates

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.