Manhattan Associates Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Manhattan Associates stock have an average target of 266.78, with a low estimate of 225 and a high estimate of 304. The average target predicts an increase of 32.91% from the current stock price of 200.72.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$225	$266.78	$270	$304
Change	+12.10%	+32.91%	+34.52%	+51.45%

Analyst Ratings

The average analyst rating for Manhattan Associates stock from 9 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	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	4	4	4	4	4	4
Buy	1	1	2	3	3	3
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	8	9	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mark Schappel Loop Capital	Loop Capital	Strong Buy Maintains $310 → $275	Strong Buy	Maintains	$310 → $275	+37.01%	Jan 29, 2025
Gil Luria DA Davidson	DA Davidson	Strong Buy Maintains $315 → $270	Strong Buy	Maintains	$315 → $270	+34.52%	Jan 29, 2025
Brian Peterson Raymond James	Raymond James	Buy Maintains $305 → $270	Buy	Maintains	$305 → $270	+34.52%	Jan 29, 2025
Quinton Gabrielli Piper Sandler	Piper Sandler	Buy Reiterates $326 → $268	Buy	Reiterates	$326 → $268	+33.52%	Jan 29, 2025
Terry Tillman Truist Securities	Truist Securities	Strong Buy Maintains $310 → $285	Strong Buy	Maintains	$310 → $285	+41.99%	Jan 29, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.16B

from 1.04B

11.19%

from 1.04B

Revenue Next Year

1.29B

from 1.16B

11.30%

from 1.16B

EPS This Year

5.00

from 3.51

42.56%

from 3.51

EPS Next Year

5.68

from 5.00

13.52%

from 5.00

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	1.16B	1.29B	1.44B
Revenue Growth	-5.11%	13.18%	15.59%	21.07%	12.23%	11.19%	11.30%	11.78%
EPS	1.36	1.72	2.03	2.82	3.51	5.00	5.68	6.91
EPS Growth	3.03%	26.47%	18.02%	38.92%	24.47%	42.56%	13.52%	21.68%
Forward PE	-	-	-	-	-	40.11	35.33	29.04
No. Analysts	-	-	-	-	-	12	9	5

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

Revenue Forecast

Revenue	2025	2026	2027
High	1.2B	1.3B	1.5B
Avg	1.2B	1.3B	1.4B
Low	1.1B	1.2B	1.4B

Revenue Growth

Revenue Growth	2025	2026	2027
High	15.0%	16.0%	16.4%
Avg	11.2%	11.3%	11.8%
Low	6.1%	5.5%	5.2%

EPS Forecast

EPS	2025	2026	2027
High	5.30	6.25	8.56
Avg	5.00	5.68	6.91
Low	4.66	5.31	5.81

EPS Growth

EPS Growth	2025	2026	2027
High	50.9%	24.9%	50.6%
Avg	42.6%	13.5%	21.7%
Low	32.9%	6.1%	2.3%

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.