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

Manhattan Associates (NASDAQ:MANH) 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 Price Performance

NASDAQ MANH traded down $0.76 during trading hours on Friday, hitting $190.21. The company’s stock had a trading volume of 247,840 shares, compared to its average volume of 759,178. The company’s 50 day simple moving average is $149.42 and its two-hundred day simple moving average is $145.16. The company has a market cap of $11.25 billion, a P/E ratio of 54.55 and a beta of 0.97. Manhattan Associates has a 12 month low of $119.06 and a 12 month high of $227.43.

Manhattan Associates (NASDAQ:MANH) last released its quarterly earnings results on Tuesday, July 28th. The software maker reported $1.39 EPS for the quarter, beating the consensus estimate of $1.32 by $0.07. Manhattan Associates had a net margin of 18.67% and a return on equity of 86.72%. The firm had revenue of $297.79 million during the quarter, compared to analyst estimates of $289.03 million. During the same quarter in the prior year, the firm earned $1.31 EPS. The business’s revenue for the quarter was up 9.3% compared to the same quarter last year. As a group, research analysts predict that Manhattan Associates will post 3.77 earnings per share for the current fiscal year.

Analysts Set New Price Targets

MANH has been the topic of a number of recent research reports. Weiss Ratings raised Manhattan Associates from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 14th. Stifel Nicolaus boosted their price target on shares of Manhattan Associates from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday. DA Davidson lifted their target price on shares of Manhattan Associates from $200.00 to $210.00 and gave the company a “buy” rating in a report on Wednesday. Morgan Stanley set a $180.00 price objective on Manhattan Associates in a research note on Wednesday. Finally, Rothschild & Co Redburn set a $145.00 target price on Manhattan Associates in a report on Thursday, April 16th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Manhattan Associates currently has a consensus rating of “Moderate Buy” and an average price target of $209.20.

Insider Activity

In related news, CEO Eric Andrew Clark sold 1,000 shares of the stock in a transaction dated Wednesday, June 10th. The shares were 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 of the company’s stock, valued at $13,596,479.26. This represents a 1.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.84% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Manhattan Associates

Several hedge funds have recently modified their holdings of MANH. NewEdge Advisors LLC boosted its position in shares of Manhattan Associates by 3.3% during the second quarter. NewEdge Advisors LLC now owns 1,852 shares of the software maker’s stock valued at $366,000 after buying an additional 59 shares during the last quarter. Tower Research Capital LLC TRC raised its position in Manhattan Associates by 2.6% in the 3rd 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 during the last quarter. CIBC Private Wealth Group LLC lifted its stake in Manhattan Associates by 1.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 6,369 shares of the software maker’s stock valued at $1,104,000 after acquiring an additional 80 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in Manhattan Associates by 7.4% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,365 shares of the software maker’s stock valued at $269,000 after acquiring an additional 94 shares in the last quarter. Finally, Lido Advisors LLC boosted its holdings in Manhattan Associates by 8.5% during the 4th quarter. Lido Advisors LLC now owns 1,332 shares of the software maker’s stock worth $231,000 after acquiring an additional 104 shares during the last quarter. 98.45% of the stock is owned by institutional investors and hedge funds.

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.