Manhattan Associates, Inc. (MANH)
NASDAQ: MANH · Real-Time Price · USD
238.19
-3.98 (-1.64%)
At close: Oct 23, 2026, 4:00 PM EDT
237.00
-1.19 (-0.50%)
After-hours: Oct 23, 2026, 7:54 PM EDT

Manhattan Associates Stock Forecast

Stock Price Forecast

According to 11 analysts polled by S&P Global, Manhattan Associates stock has a consensus rating of "Buy" and an average price target of $235.9. The average 1-year stock price forecast is 0.96% lower than the current stock price, while the lowest is $190 (-20.23%) and the highest is $260 (+9.16%).

Price Target: $235.9 (-0.96%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$190$235.9$242.5$260
Change-20.23%-0.96%+1.81%+9.16%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy667766
Buy232223
Hold433232
Sell000000
Strong Sell000000
Total121212111111

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citi
Citi
Buy
Maintains
$203 → $260
BuyMaintains$203 → $260+9.16%Oct 20, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$225 → $250
BuyMaintains$225 → $250+4.96%Oct 14, 2026
Morgan Stanley
Morgan Stanley
Buy
Upgrades
$250
BuyUpgrades$250+4.96%Oct 12, 2026
D.A. Davidson
D.A. Davidson
Hold
Downgrades
$210
HoldDowngrades$210-11.84%Sep 25, 2026
Barclays
Barclays
Buy
Maintains
$201 → $239
BuyMaintains$201 → $239+0.34%Sep 8, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.17B
from 1.08B
Increased by 7.77%
Revenue Next Year
1.26B
from 1.17B
Increased by 8.53%
EPS This Year
5.50
from 5.06
Increased by 8.65%
EPS Next Year
6.12
from 5.50
Increased by 11.40%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
663.64M767.08M928.73M1.04B1.08B1.17B
Revenue Growth
13.18%15.59%21.07%12.24%3.75%7.77%
Gross Profit
365.82M408.85M498.11M571.37M609.05M701.77M
Gross Margin
55.12%53.30%53.63%54.82%56.32%60.21%
Operating Income
134.33M152.70M209.88M261.60M282.74M409.70M
Net Income
110.47M128.96M176.57M218.36M219.95M215.12M
EPS
----5.065.50
EPS Growth
----7.20%8.65%
Forward PE
78.6548.3560.8956.8133.5343.33
Free Cash Flow
----374.01M385.64M
No. Analysts
-----10
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High1.2B
Avg1.2B
Low1.2B

Revenue Growth

Revenue Growth202620272028
High
8.5%
Avg
7.8%
Low
7.5%

EPS Forecast

EPS202620272028
High5.66
Avg5.50
Low5.41

EPS Growth

EPS Growth202620272028
High
11.9%
Avg
8.6%
Low
6.9%