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 $209.73, which forecasts a 51.98% increase in the stock price over the next year. The lowest target is $165 and the highest is $250.

Price Target: $209.73 (+51.98%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$165	$209.73	$200	$250
Change	+19.57%	+51.98%	+44.93%	+81.16%

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

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	3	3	5	5	5	5
Buy	5	5	5	5	3	3
Hold	4	4	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	13	13	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Guy Hardwick Barclays	Barclays	Buy Maintains $236 → $239	Buy	Maintains	$236 → $239	+73.19%	Apr 23, 2026
George Kurosawa Citigroup	Citigroup	Strong Buy Maintains $208 → $177	Strong Buy	Maintains	$208 → $177	+28.26%	Apr 22, 2026
Joe Vruwink Baird	Baird	Buy Maintains $183 → $186	Buy	Maintains	$183 → $186	+34.78%	Apr 22, 2026
Parker Lane Stifel	Stifel	Strong Buy Maintains $225 → $200	Strong Buy	Maintains	$225 → $200	+44.93%	Apr 22, 2026
Clark Wright DA Davidson	DA Davidson	Strong Buy Maintains $240 → $200	Strong Buy	Maintains	$240 → $200	+44.93%	Apr 22, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.18B

Increased by 8.84%

from 1.08B

Revenue Next Year

1.28B

Increased by 8.58%

from 1.18B

EPS This Year

5.46

Increased by 51.75%

from 3.60

EPS Next Year

6.06

Increased by 11.01%

from 5.46

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	663.64M	767.08M	928.73M	1.04B	1.08B	1.18B	1.28B
Revenue Growth	13.18%	15.59%	21.07%	12.24%	3.75%	8.84%	8.58%
EPS	1.72	2.03	2.82	3.51	3.60	5.46	6.06
EPS Growth	26.47%	18.02%	38.92%	24.47%	2.56%	51.75%	11.01%
Forward PE	-	-	-	-	-	25.26	22.76
No. Analysts	-	-	-	-	-	15	15

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030	2031	2032	2033
High	1.2B	1.3B
Avg	1.2B	1.3B
Low	1.1B	1.2B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030	2031	2032	2033
High	12.4%	12.8%
Avg	8.8%	8.6%
Low	4.3%	3.5%

EPS Forecast

EPS	2026	2027	2028	2029	2030	2031	2032	2033
High	5.75	6.74
Avg	5.46	6.06
Low	5.16	5.47

EPS Growth

EPS Growth	2026	2027	2028	2029	2030	2031	2032	2033
High	59.8%	23.4%
Avg	51.8%	11.0%
Low	43.5%	0.1%

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 sources.