Manhattan Associates, Inc. (MANH)
NASDAQ: MANH · Real-Time Price · USD
282.16
+1.49 (0.53%)
Oct 8, 2024, 10:14 AM EDT - Market open
Manhattan Associates Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for MANH stock have an average target of 264.57, with a low estimate of 225 and a high estimate of 287. The average target predicts a decrease of -6.23% from the current stock price of 282.16.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MANH stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $257 → $287 | Hold | Maintains | $257 → $287 | +1.72% | Sep 25, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $265 → $285 | Strong Buy | Maintains | $265 → $285 | +1.01% | Sep 16, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $250 → $265 | Strong Buy | Maintains | $250 → $265 | -6.08% | Jul 24, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $260 → $285 | Strong Buy | Maintains | $260 → $285 | +1.01% | Jul 24, 2024 |
| Citigroup | Citigroup | Hold Maintains $220 → $257 | Hold | Maintains | $220 → $257 | -8.92% | Jun 28, 2024 |
Financial Forecast
Revenue This Year
1.06B
from 928.73M
Increased by 14.35%
Revenue Next Year
1.18B
from 1.06B
Increased by 11.02%
EPS This Year
4.37
from 2.82
Increased by 55.08%
EPS Next Year
4.97
from 4.37
Increased by 13.74%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.1B | 1.2B | 1.4B | ||
| Avg | 1.1B | 1.2B | 1.3B | ||
| Low | 1.0B | 1.1B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.3% | 15.3% | 21.4% | ||
| Avg | 14.4% | 11.0% | 13.4% | ||
| Low | 9.1% | 5.1% | 7.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.59 | 5.37 | 7.74 | ||
| Avg | 4.37 | 4.97 | 6.26 | ||
| Low | 4.16 | 4.59 | 5.38 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 62.7% | 22.7% | 55.6% | ||
| Avg | 55.1% | 13.7% | 25.8% | ||
| Low | 47.3% | 4.9% | 8.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.