Manhattan Associates (NASDAQ:MANH) Price Target Raised to $186.00 at Robert W. Baird

Manhattan Associates (NASDAQ:MANH) had its price target lifted by Robert W. Baird from $183.00 to $186.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the software maker’s stock. Robert W. Baird’s price target indicates a potential upside of 29.15% from the company’s current price.

A number of other equities research analysts have also recently issued reports on the stock. Truist Financial set a $240.00 price objective on shares of Manhattan Associates in a report on Thursday, January 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Manhattan Associates in a research report on Thursday, January 22nd. Wall Street Zen raised Manhattan Associates from a “hold” rating to a “buy” rating in a research report on Saturday, March 21st. Rothschild & Co Redburn set a $145.00 price target on Manhattan Associates in a research report on Thursday, April 16th. Finally, DA Davidson reduced their price target on Manhattan Associates from $240.00 to $200.00 and set a “buy” rating for the company in a research report on Wednesday. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $205.45.

Manhattan Associates Trading Up 6.8%

NASDAQ MANH traded up $9.13 on Wednesday, reaching $144.02. The stock had a trading volume of 277,797 shares, compared to its average volume of 780,384. The business has a 50 day moving average price of $136.96 and a 200 day moving average price of $162.23. Manhattan Associates has a 1 year low of $119.06 and a 1 year high of $247.22. The company has a market capitalization of $8.53 billion, a price-to-earnings ratio of 39.83 and a beta of 1.05.

Manhattan Associates (NASDAQ:MANH) last issued its earnings results on Tuesday, April 21st. The software maker reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $1.10 by $0.14. Manhattan Associates had a return on equity of 75.61% and a net margin of 20.34%.The firm had revenue of $282.22 million for the quarter, compared to the consensus estimate of $273.71 million. During the same quarter in the previous year, the company posted $1.19 earnings per share. The business’s quarterly revenue 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. On average, analysts anticipate that Manhattan Associates will post 3.76 earnings per share for the current fiscal year.

Manhattan Associates declared that its board has authorized a stock 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 reacquire up to 5.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

Hedge Funds Weigh In On Manhattan Associates

Several large investors have recently made changes to their positions in the business. NewEdge Advisors LLC lifted 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 during the last quarter. Archer Investment Corp lifted its position in shares of Manhattan Associates by 8.6% during the 3rd quarter. Archer Investment Corp now owns 787 shares of the software maker’s stock worth $161,000 after purchasing an additional 62 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in shares of Manhattan Associates by 0.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 14,363 shares of the software maker’s stock worth $2,944,000 after purchasing an additional 67 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in shares of Manhattan Associates by 2.6% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,708 shares of the software maker’s stock worth $555,000 after purchasing an additional 69 shares during the last quarter. Finally, Covestor Ltd lifted its position in shares of Manhattan Associates by 12.2% during the 4th quarter. Covestor Ltd now owns 670 shares of the software maker’s stock worth $116,000 after purchasing an additional 73 shares during the last quarter. Institutional investors and hedge funds own 98.45% of the company’s stock.

Key Manhattan Associates News

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

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.