Manhattan Associates Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for MANH stock have an average target of 286.38, with a low estimate of 225 and a high estimate of 315. The average target predicts a decrease of -0.35% from the current stock price of 287.39.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$225	$286.38	$304	$315
Change	-21.71%	-0.35%	+5.78%	+9.61%

Analyst Ratings

The average analyst rating for MANH stock from 8 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	4	4	4	4	4	4
Buy	1	1	1	1	2	2
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	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gil Luria DA Davidson	DA Davidson	Strong Buy Maintains $285 → $315	Strong Buy	Maintains	$285 → $315	+9.61%	Oct 23, 2024
Brian Peterson Raymond James	Raymond James	Buy Maintains $255 → $305	Buy	Maintains	$255 → $305	+6.13%	Oct 23, 2024
Joe Vruwink Baird	Baird	Buy Maintains $263 → $304	Buy	Maintains	$263 → $304	+5.78%	Oct 22, 2024
Terry Tillman Truist Securities	Truist Securities	Strong Buy Maintains $275 → $310	Strong Buy	Maintains	$275 → $310	+7.87%	Oct 11, 2024
George Kurosawa Citigroup	Citigroup	Hold Maintains $257 → $287	Hold	Maintains	$257 → $287	-0.14%	Sep 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.06B

from 928.73M

14.24%

from 928.73M

Revenue Next Year

1.16B

from 1.06B

9.52%

from 1.06B

EPS This Year

4.71

from 2.82

66.89%

from 2.82

EPS Next Year

5.02

from 4.71

6.76%

from 4.71

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	617.95M	586.37M	663.64M	767.08M	928.73M	1.06B	1.16B	1.29B
Revenue Growth	10.51%	-5.11%	13.18%	15.59%	21.07%	14.24%	9.52%	11.02%
EPS	1.32	1.36	1.72	2.03	2.82	4.71	5.02	5.70
EPS Growth	-16.46%	3.03%	26.47%	18.02%	38.92%	66.89%	6.76%	13.53%
Forward PE	-	-	-	-	-	61.07	57.20	50.39
No. Analysts	-	-	-	-	-	12	12	9

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

Revenue Forecast

Revenue	2024	2025	2026
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	2024	2025	2026
High	17.7%	14.6%	15.7%
Avg	14.2%	9.5%	11.0%
Low	9.7%	4.6%	5.2%

EPS Forecast

EPS	2024	2025	2026
High	4.85	5.43	6.25
Avg	4.71	5.02	5.70
Low	4.51	4.66	5.31

EPS Growth

EPS Growth	2024	2025	2026
High	72.0%	15.3%	24.4%
Avg	66.9%	6.8%	13.5%
Low	59.9%	-0.9%	5.7%

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.