Manhattan Associates, Inc. (MANH)

Manhattan Associates Stock Forecast

Stock Price Forecast

The 9 analysts that cover Manhattan Associates stock have a consensus rating of "Buy" and an average price target of $213.13, which forecasts a 5.49% increase in the stock price over the next year. The lowest target is $170 and the highest is $270.

Price Target: $213.13 (+5.49%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$170	$213.13	$210	$270
Change	-15.86%	+5.49%	+3.94%	+33.64%

Analyst Ratings

The average analyst rating for Manhattan Associates stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	4	4	3	2	2	2
Buy	4	4	4	4	4	4
Hold	2	2	3	2	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	10	10	8	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
George Kurosawa Citigroup	Citigroup	Hold Maintains $177 → $200	Hold	Maintains	$177 → $200	-1.01%	Jul 16, 2025
Joe Vruwink Baird	Baird	Buy Maintains $212 → $230	Buy	Maintains	$212 → $230	+13.84%	Jul 16, 2025
Lachlan Brown Redburn Atlantic	Redburn Atlantic	Strong Buy → Hold Downgrades $270 → $200	Strong Buy → Hold	Downgrades	$270 → $200	-1.01%	Jun 10, 2025
Terry Tillman Truist Securities	Truist Securities	Strong Buy Maintains $190 → $210	Strong Buy	Maintains	$190 → $210	+3.94%	May 22, 2025
Gil Luria DA Davidson	DA Davidson	Strong Buy Maintains $200 → $225	Strong Buy	Maintains	$200 → $225	+11.37%	May 21, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.08B

Increased by 3.90%

from 1.04B

Revenue Next Year

1.16B

Increased by 7.11%

from 1.08B

EPS This Year

4.69

Increased by 33.69%

from 3.51

EPS Next Year

5.11

Increased by 8.85%

from 4.69

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	586.37M	663.64M	767.08M	928.73M	1.04B	1.08B	1.16B	1.28B
Revenue Growth	-5.11%	13.18%	15.59%	21.07%	12.24%	3.90%	7.11%	10.00%
EPS	1.36	1.72	2.03	2.82	3.51	4.69	5.11	6.20
EPS Growth	3.03%	26.47%	18.02%	38.92%	24.47%	33.69%	8.85%	21.45%
Forward PE	-	-	-	-	-	43.05	39.55	32.57
No. Analysts	-	-	-	-	-	12	12	8

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	1.1B	1.2B	1.3B
Avg	1.1B	1.2B	1.3B
Low	1.0B	1.1B	1.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	7.9%	11.5%	15.0%
Avg	3.9%	7.1%	10.0%
Low	-1.3%	0.9%	3.9%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	4.94	5.43	7.74
Avg	4.69	5.11	6.20
Low	4.44	4.77	5.38

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	40.6%	15.7%	51.5%
Avg	33.7%	8.9%	21.4%
Low	26.5%	1.7%	5.3%

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.