Manhattan Associates (NASDAQ:MANH) Issues FY 2026 Earnings Guidance

Manhattan Associates (NASDAQ:MANH) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 5.290-5.370 for the period, compared to the consensus EPS estimate of 5.040. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on MANH. Rothschild & Co Redburn set a $145.00 target price on shares of Manhattan Associates in a research note on Thursday, April 16th. DA Davidson reiterated a “buy” rating and issued a $200.00 target price on shares of Manhattan Associates in a research note on Wednesday, May 20th. Weiss Ratings lowered shares of Manhattan Associates from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, April 27th. Robert W. Baird upped their target price on shares of Manhattan Associates from $183.00 to $186.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. Finally, Wall Street Zen lowered shares of Manhattan Associates from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Eight investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $199.45.

Manhattan Associates Stock Performance

MANH opened at $146.54 on Wednesday. The firm has a market cap of $8.67 billion, a P/E ratio of 41.05 and a beta of 0.97. The firm has a 50-day moving average of $137.79 and a 200 day moving average of $151.42. Manhattan Associates has a fifty-two week low of $119.06 and a fifty-two week high of $247.22.

Manhattan Associates (NASDAQ:MANH) last posted its quarterly earnings results on Tuesday, April 21st. The software maker reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.14. The company had revenue of $282.22 million during the quarter, compared to analyst estimates of $273.71 million. Manhattan Associates had a net margin of 19.68% and a return on equity of 78.13%. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.19 earnings per share. Manhattan Associates has set its FY 2026 guidance at 5.290-5.370 EPS. Equities research analysts predict that Manhattan Associates will post 3.68 earnings per share for the current fiscal year.

Manhattan Associates declared that its Board of Directors has authorized a share repurchase program on Thursday, March 5th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the software maker to buy up to 5.8% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Insiders Place Their Bets

In other Manhattan Associates news, EVP James Stewart Gantt sold 7,300 shares of the stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $139.25, for a total transaction of $1,016,525.00. Following the completion of the transaction, the executive vice president owned 60,815 shares in the company, valued at $8,468,488.75. This trade represents a 10.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.84% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Manhattan Associates

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sivia Capital Partners LLC purchased a new stake in shares of Manhattan Associates in the second quarter worth about $446,000. NewEdge Advisors LLC lifted its holdings in shares of Manhattan Associates by 9.4% in the fourth quarter. NewEdge Advisors LLC now owns 2,628 shares of the software maker’s stock worth $455,000 after buying an additional 226 shares in the last quarter. Boothbay Fund Management LLC purchased a new stake in shares of Manhattan Associates in the third quarter worth about $419,000. Focus Partners Wealth lifted its holdings in shares of Manhattan Associates by 181.4% in the first quarter. Focus Partners Wealth now owns 2,400 shares of the software maker’s stock worth $415,000 after buying an additional 1,547 shares in the last quarter. Finally, Cynosure Group LLC purchased a new stake in shares of Manhattan Associates in the fourth quarter worth about $407,000. Institutional investors own 98.45% of the company’s stock.

Manhattan Associates Company Profile

Manhattan Associates, Inc (NASDAQ: MANH) is a provider of supply chain and omnichannel commerce software solutions designed to optimize the flow of goods, information and funds across enterprise operations. Its flagship offerings include warehouse management, transportation management, order management and omnichannel fulfillment applications. These solutions are delivered through a cloud-native platform called Manhattan Active, which enables retailers, manufacturers, carriers and third-party logistics providers to orchestrate inventory, manage distribution and improve customer service in real time.

Key product areas include Manhattan Active Warehouse Management, which automates and optimizes warehouse operations from receiving through shipping; Manhattan Active Transportation Management, supporting carrier selection, routing and freight payment; and Manhattan Active Omni, which unifies order capture, inventory visibility and fulfillment across stores, distribution centers and e-commerce channels.