Upgrade

Manhattan Associates, Inc.

MANH

Last
$204.89
Day
-0.9%
1y
+1.6%
5y
+35.9%
52w
-8.9%
SPY YTD
+13.3%
XLK
+37.1%
Earnings
2026-10-2716d
EMA 21
205.62
EMA 50
199.30
EMA 200
177.13
20d high
-3.7%
5y high
-33.9%
5y range
49th
Website · 4,100 employees · United States

Positions held

Your positions

MANH isn't in your positions.

Add it to see shares, cost, and P&L here.

Score
8
Hold
watch
Signal
Neutral
Target
$223.77
Stop
$198.29
Stop distance
3.2%
Target vs last
+9.2%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Manhattan Associates operates in a growing software application industry, providing supply chain and inventory management solutions that are increasingly essential for businesses seeking efficiency.
  • In Q2 2026, Manhattan Associates reported a revenue increase of 6% compared to the prior quarter, reaching $298 million.
  • The company's gross margin improved to 56.5% in Q2 2026, up from 55.1% in the previous quarter.
Bear case
  • Despite its growth potential, Manhattan Associates faces challenges with a high trailing P/E ratio of 57.625, indicating potential overvaluation compared to earnings.
  • The company's earnings growth has declined by 8.6% year-over-year, signaling potential issues in maintaining profitability.
  • The stock has a current ratio of 0.983, suggesting potential liquidity concerns in meeting short-term obligations.

Fundamentals

Market cap$12.06BEnterprise value$11.92BTrailing P/E59.42Forward P/E33.66
PEG2.57Price / book76.53Beta0.95Dividend yield0.00%
Revenue growth9.3%Earnings growth-8.6%Gross margin55.8%Operating margin25.0%
Profit margin18.7%ROE96.4%ROA24.4%Debt / equity0.34
Current ratio0.98Free cash flow$321.12MAnalyst recommendationbuyMean target$220.70
52w high$227.0352w low$119.06

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$298M$282M$270M$276M$272M
Op margin25.0%23.0%24.8%27.5%27.1%
Net income$50.4M$49.3M$52.0M$58.6M$56.8M
Gross margin56.5%55.1%55.0%56.6%57.3%
Gross profit$168M$156M$149M$156M$156M
Operating income$74.5M$64.9M$67.0M$75.8M$73.8M
  • Revenue +6% vs prior quarter ($298M vs $282M).
  • Gross margin 56.5% (was 55.1% prior quarter).
  • Operating margin expanded to 25%.

Yearly (6y)

2025202420232022
Revenue$1.1B$1.0B$929M$767M
Op margin26.1%25.1%22.6%19.9%
Net income$220M$218M$177M$129M
Gross margin56.3%54.8%53.6%53.3%
Gross profit$609M$571M$498M$409M
Operating income$283M$262M$210M$153M
Headline scan

Headlines — positive tone

• [OK · fundamentals] All You Need to Know About Manhattan Associates (MANH) Rating Upgrade to Buy

News

MANH · daily-0.1% over 13 sessions
Close EMA21 EMA50 EMA200
195.97200.51205.05209.59214.132026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$74M$149M$223M$298M0%29%57%2025-Q22025-Q32025-Q42026-Q12026-Q2