Manhattan Associates Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for MANH stock have an average target of 237.5, with a low estimate of 220 and a high estimate of 260. The average target predicts an increase of 13.63% from the current stock price of 209.02.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$220	$237.5	$240	$260
Change	+5.25%	+13.63%	+14.82%	+24.39%

Analyst Ratings

The average analyst rating for MANH stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	2	2	2	2	2	3
Buy	2	2	2	2	2	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	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gil Luria DA Davidson	DA Davidson	Hold → Strong Buy Upgrades $220 → $240	Hold → Strong Buy	Upgrades	$220 → $240	+14.82%	Apr 25, 2024
George Kurosawa Citigroup	Citigroup	Hold Maintains $260 → $220	Hold	Maintains	$260 → $220	+5.25%	Apr 24, 2024
Blair Abernethy Rosenblatt	Rosenblatt	Hold Maintains $225	Hold	Maintains	$225	+7.65%	Apr 24, 2024
Blair Abernethy Rosenblatt	Rosenblatt	Hold Maintains $225	Hold	Maintains	$225	+7.65%	Apr 15, 2024
George Kurosawa Citigroup	Citigroup	Hold Initiates $260	Hold	Initiates	$260	+24.39%	Mar 13, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.04B

from 928.73M

12.30%

from 928.73M

Revenue Next Year

1.16B

from 1.04B

11.60%

from 1.04B

EPS This Year

3.85

from 2.82

36.55%

from 2.82

EPS Next Year

4.46

from 3.85

15.73%

from 3.85

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	617.95M	586.37M	663.64M	767.08M	928.73M	1.04B	1.16B	1.30B	1.43B	1.63B
Revenue Growth	10.51%	-5.11%	13.18%	15.59%	21.07%	12.30%	11.60%	11.25%	10.27%	13.87%
EPS	1.32	1.36	1.72	2.03	2.82	3.85	4.46	5.91	8.79	10.83
EPS Growth	-16.46%	3.03%	26.47%	18.02%	38.92%	36.55%	15.73%	32.66%	48.71%	23.20%
No. Analysts	-	-	-	-	-	12	12	5	3	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	1.1B	1.2B	1.3B	1.5B	1.7B
Avg	1.0B	1.2B	1.3B	1.4B	1.6B
Low	996.7M	1.1B	1.2B	1.4B	1.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	17.1%	18.1%	14.7%	13.5%	17.2%
Avg	12.3%	11.6%	11.3%	10.3%	13.9%
Low	7.3%	4.9%	6.8%	5.9%	9.5%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	4.05	5.02	7.74	9.05	11.15
Avg	3.85	4.46	5.91	8.79	10.83
Low	3.66	4.07	4.84	8.45	10.41

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	43.7%	30.3%	73.7%	53.1%	26.8%
Avg	36.6%	15.7%	32.7%	48.7%	23.2%
Low	29.6%	5.6%	8.6%	42.9%	18.4%

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.