Manhattan Associates, Inc. (MANH)
NASDAQ: MANH · Real-Time Price · USD
279.30
-2.97 (-1.05%)
At close: Dec 26, 2024, 4:00 PM
279.29
-0.01 (0.00%)
Pre-market: Dec 27, 2024, 5:21 AM EST
Manhattan Associates Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for MANH stock have an average target of 292.89, with a low estimate of 225 and a high estimate of 326. The average target predicts an increase of 4.87% from the current stock price of 279.30.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MANH 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 2 | 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 | 7 | 8 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $287 → $306 | Hold | Maintains | $287 → $306 | +9.56% | Dec 16, 2024 |
| Piper Sandler | Piper Sandler | Buy Initiates $326 | Buy | Initiates | $326 | +16.72% | Nov 25, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $285 → $315 | Strong Buy | Maintains | $285 → $315 | +12.78% | Oct 23, 2024 |
| Raymond James | Raymond James | Buy Maintains $255 → $305 | Buy | Maintains | $255 → $305 | +9.20% | Oct 23, 2024 |
| Baird | Baird | Buy Maintains $263 → $304 | Buy | Maintains | $263 → $304 | +8.84% | Oct 22, 2024 |
Financial Forecast
Revenue This Year
1.06B
from 928.73M
Increased by 14.24%
Revenue Next Year
1.16B
from 1.06B
Increased by 9.61%
EPS This Year
4.71
from 2.82
Increased by 66.91%
EPS Next Year
5.02
from 4.71
Increased by 6.66%
Revenue Forecast
| Revenue | 2024 | 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 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 17.7% | 14.6% | 15.6% | |||
| Avg | 14.2% | 9.6% | 10.9% | |||
| Low | 9.7% | 4.6% | 5.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 4.85 | 5.43 | 6.25 | |||
| Avg | 4.71 | 5.02 | 5.68 | |||
| Low | 4.51 | 4.66 | 5.31 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 72.0% | 15.3% | 24.5% | |||
| Avg | 66.9% | 6.7% | 13.2% | |||
| Low | 59.9% | -0.9% | 5.8% |
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.