Manhattan Associates, Inc. (MANH)
NASDAQ: MANH · Real-Time Price · USD
191.36
+0.39 (0.20%)
Jul 31, 2026, 4:00 PM EDT - Market closed

Manhattan Associates Stock Forecast

Stock Price Forecast

According to 12 analysts polled by S&P Global, Manhattan Associates stock has a consensus rating of "Buy" and an average price target of $207. The average 1-year stock price forecast is 8.17% higher than the current stock price, while the lowest is $180 (-5.94%) and the highest is $240 (+25.42%).

Price Target: $207 (+8.17%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$180$207$210$240
Change-5.94%+8.17%+9.74%+25.42%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy666667
Buy333232
Hold333433
Sell000000
Strong Sell000000
Total121212121212

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citi
Citi
Buy
Maintains
$193$203
BuyMaintains$193$203+6.08%Jul 29, 2026
D.A. Davidson
D.A. Davidson
Buy
Reiterates
$200$210
BuyReiterates$200$210+9.74%Jul 29, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$165$180
HoldMaintains$165$180-5.94%Jul 29, 2026
Truist Financial
Truist Financial
Buy
Reiterates
$240
BuyReiterates$240+25.42%Jul 29, 2026
William Blair
William Blair
Buy
Reiterates
n/a
BuyReiteratesn/an/aJul 29, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.15B
from 1.08B
Increased by 6.67%
Revenue Next Year
1.25B
from 1.15B
Increased by 8.64%
EPS This Year
5.36
from 5.06
Increased by 5.98%
EPS Next Year
5.97
from 5.36
Increased by 11.29%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
663.64M767.08M928.73M1.04B1.08B1.15B
Revenue Growth
13.18%15.59%21.07%12.24%3.75%6.67%
Gross Profit
365.82M408.85M498.11M571.37M609.05M693.44M
Gross Margin
55.12%53.30%53.63%54.82%56.32%60.11%
Operating Income
134.33M152.70M209.88M261.60M282.74M404.35M
Net Income
110.47M128.96M176.57M218.36M219.95M218.94M
EPS
----5.065.36
EPS Growth
----7.20%5.98%
Forward PE
78.6548.3560.8956.8133.5335.69
Free Cash Flow
167.79M176.23M235.55M260.13M312.00M381.95M
No. Analysts
-----11
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
7.0%
Avg
6.7%
Low
6.4%

EPS Forecast

EPS202620272028
High5.52
Avg5.36
Low5.27

EPS Growth

EPS Growth202620272028
High
9.1%
Avg
6.0%
Low
4.2%