Manhattan Associates, Inc. (MANH)

Manhattan Associates Stock Forecast

Stock Price Forecast

The 11 analysts that cover Manhattan Associates stock have a consensus rating of "Buy" and an average price target of $219.45, which forecasts a 31.72% increase in the stock price over the next year. The lowest target is $165 and the highest is $250.

Price Target: $219.45 (+31.72%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$165	$219.45	$230	$250
Change	-0.96%	+31.72%	+38.06%	+50.06%

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	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26
Strong Buy	2	2	3	3	3	3
Buy	4	4	5	5	5	5
Hold	3	3	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	9	12	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Chris Quintero Morgan Stanley	Morgan Stanley	Hold Maintains $200 → $165	Hold	Maintains	$200 → $165	-0.96%	Jan 5, 2026
Terry Tillman Truist Securities	Truist Securities	Strong Buy Maintains $230 → $240	Strong Buy	Maintains	$230 → $240	+44.06%	Jan 5, 2026
George Kurosawa Citigroup	Citigroup	Hold Maintains $204 → $200	Hold	Maintains	$204 → $200	+20.05%	Dec 23, 2025
Guy Hardwick Barclays	Barclays	Buy Maintains $244 → $239	Buy	Maintains	$244 → $239	+43.46%	Nov 13, 2025
Chris Quintero Morgan Stanley	Morgan Stanley	Sell → Hold Upgrades $195 → $200	Sell → Hold	Upgrades	$195 → $200	+20.05%	Oct 22, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.10B

Increased by 5.34%

from 1.04B

Revenue Next Year

1.17B

Increased by 6.65%

from 1.10B

EPS This Year

5.07

Increased by 44.34%

from 3.51

EPS Next Year

5.45

Increased by 7.62%

from 5.07

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	586.37M	663.64M	767.08M	928.73M	1.04B	1.10B	1.17B
Revenue Growth	-5.11%	13.18%	15.59%	21.07%	12.24%	5.34%	6.65%
EPS	1.36	1.72	2.03	2.82	3.51	5.07	5.45
EPS Growth	3.03%	26.47%	18.02%	38.92%	24.47%	44.34%	7.62%
Forward PE	-	-	-	-	-	32.88	30.56
No. Analysts	-	-	-	-	-	15	15

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	1.1B	1.2B
Avg	1.1B	1.2B
Low	1.1B	1.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	9.1%	13.7%
Avg	5.3%	6.6%
Low	1.0%	1.5%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	5.29	6.01
Avg	5.07	5.45
Low	4.80	4.88

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	50.8%	18.5%
Avg	44.3%	7.6%
Low	36.8%	-3.7%

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.