Manhattan Associates, Inc. (MANH)
NASDAQ: MANH · IEX Real-Time Price · USD
245.66
+0.38 (0.15%)
At close: Jul 2, 2024, 4:00 PM
245.74
+0.08 (0.03%)
After-hours: Jul 2, 2024, 7:41 PM EDT
Manhattan Associates Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for MANH stock have an average target of 248.86, with a low estimate of 225 and a high estimate of 260. The average target predicts an increase of 1.30% from the current stock price of 245.66.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 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 | 6 | 6 | 6 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $220 → $257 | Hold | Maintains | $220 → $257 | +4.62% | Jun 28, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $240 → $260 | Strong Buy | Maintains | $240 → $260 | +5.84% | May 16, 2024 |
| Redburn Atlantic | Redburn Atlantic | Strong Buy Initiates $260 | Strong Buy | Initiates | $260 | +5.84% | May 14, 2024 |
| DA Davidson | DA Davidson | Hold → Strong Buy Upgrades $220 → $240 | Hold → Strong Buy | Upgrades | $220 → $240 | -2.30% | Apr 25, 2024 |
| Citigroup | Citigroup | Hold Maintains $260 → $220 | Hold | Maintains | $260 → $220 | -10.45% | Apr 24, 2024 |
Financial Forecast
Revenue This Year
1.05B
from 928.73M
Increased by 13.27%
Revenue Next Year
1.17B
from 1.05B
Increased by 11.60%
EPS This Year
3.99
from 2.82
Increased by 41.55%
EPS Next Year
4.55
from 3.99
Increased by 13.89%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.1B | 1.2B | 1.4B | 1.5B | 1.7B |
| Avg | 1.1B | 1.2B | 1.3B | 1.5B | 1.7B |
| Low | 1.0B | 1.1B | 1.2B | 1.4B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.1% | 16.4% | 15.1% | 15.4% | 17.2% |
| Avg | 13.3% | 11.6% | 10.6% | 12.2% | 13.9% |
| Low | 8.4% | 5.9% | 5.1% | 7.7% | 9.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.19 | 5.03 | 7.74 | 8.56 | 10.64 |
| Avg | 3.99 | 4.55 | 5.98 | 8.31 | 10.33 |
| Low | 3.78 | 4.18 | 4.99 | 7.99 | 9.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 48.6% | 26.0% | 70.3% | 43.1% | 28.0% |
| Avg | 41.5% | 13.9% | 31.5% | 39.0% | 24.3% |
| Low | 34.1% | 4.8% | 9.7% | 33.6% | 19.4% |
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.