​
​

Manhattan Associates (MANH) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

MANH Stock Forecast

Manhattan Associates stock forecast is as follows: an average price target of $276.57 (represents a 1.84% upside from MANH’s last price of $271.56) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

MANH Price Target

The average price target for Manhattan Associates (MANH) is $276.57 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $315.00 to $150.00. This represents a potential 1.84% upside from MANH's last price of $271.56.

MANH Analyst Ratings

Buy

According to 4 Wall Street analysts, Manhattan Associates's rating consensus is 'Buy'. The analyst rating breakdown for MANH stock is 0 'Strong Buy' (0.00%), 3 'Buy' (75.00%), 1 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Manhattan Associates Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 23, 2024Brian PetersonRaymond James$305.00$268.7313.50%12.31%
Oct 23, 2024Gil LuriaD.A. Davidson$315.00$292.327.76%16.00%
Oct 22, 2024Joe VruwinkRobert W. Baird$304.00$295.542.86%11.95%
Oct 11, 2024Terry TillmanTruist Financial$310.00$296.164.67%14.16%
Sep 25, 2024George KurosawaCitigroup$287.00$286.000.35%5.69%
Jul 24, 2024Mark SchappelLoop Capital Markets$265.00$226.0017.26%-2.42%
Jul 24, 2024Joe VruwinkRobert W. Baird$261.00$226.0015.49%-3.89%
May 16, 2024Gil LuriaD.A. Davidson$260.00$223.4516.36%-4.26%
Apr 25, 2024Gil LuriaD.A. Davidson$240.00$206.3216.32%-11.62%
Apr 15, 2024Terry TillmanTruist Financial$275.00$237.8115.64%1.27%
Row per page
Go to

The latest Manhattan Associates stock forecast, released on Oct 23, 2024 by Brian Peterson from Raymond James, set a price target of $305.00, which represents a 13.50% increase from the stock price at the time of the forecast ($268.73), and a 12.31% increase from MANH last price ($271.56).

Manhattan Associates Price Target by Period

1M3M12M
# Anlaysts3510
Avg Price Target$308.00$304.20$282.20
Last Closing Price$271.56$271.56$271.56
Upside/Downside13.42%12.02%3.92%

In the current month, the average price target of Manhattan Associates stock is $308.00, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 13.42% increase as opposed to Manhattan Associates's last price of $271.56. This month's average price target is up 1.25% compared to last quarter, and up 9.14% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 23, 2024Raymond JamesOutperformOutperformHold
Sep 25, 2024CitigroupNeutralNeutralHold
Sep 16, 2024Loop Capital MarketsBuyBuyHold
Jul 24, 2024Loop Capital MarketsBuyBuyHold
Jun 28, 2024William BlairBuyBuyHold
Jun 28, 2024CitigroupNeutralNeutralHold
May 14, 2024William BlairBuyBuyHold
May 14, 2024Rosenblatt SecuritiesUnderperformUnderperformHold
Apr 15, 2024William BlairBuyBuyHold
Jan 31, 2024Raymond JamesOutperformOutperformHold
Row per page
Go to

Manhattan Associates's last stock rating was published by Raymond James on Oct 23, 2024. The company gave MANH a "Outperform" rating, the same as its previous rate.

Manhattan Associates Financial Forecast

Manhattan Associates Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$238.25M-$231.02M$221.01M$198.10M$198.10M$191.92M$178.96M$171.49M$169.19M$166.11M$156.85M$147.08M$149.76M$135.63M$153.90M$152.93M$162.28M
Avg Forecast$311.58M$326.20M$324.46M$307.37M$285.58M$292.86M$287.39M$273.68M$253.55M$262.90M$255.83M$243.41M$224.01M$226.23M$216.68M$200.55M$182.71M$185.47M$179.55M$169.12M$162.84M$164.05M$156.98M$143.84M$138.02M$138.86M$127.34M$152.63M$147.68M$151.64M
High Forecast$315.11M$329.90M$328.15M$310.86M$288.82M$296.18M$290.65M$279.64M$253.63M$262.98M$255.83M$243.42M$225.22M$227.40M$219.14M$202.82M$184.78M$185.47M$179.55M$169.12M$162.84M$164.05M$156.98M$143.84M$138.02M$138.86M$127.34M$152.63M$147.68M$151.64M
Low Forecast$308.44M$322.91M$321.20M$304.28M$282.71M$289.91M$284.49M$269.80M$253.41M$262.81M$255.82M$243.41M$223.27M$225.32M$214.50M$198.53M$180.87M$185.47M$179.55M$169.12M$162.84M$164.05M$156.98M$143.84M$138.02M$138.86M$127.34M$152.63M$147.68M$151.64M
# Analysts444433355411376322223456633322
Surprise %------------1.06%-1.07%1.10%1.08%1.07%1.07%1.06%1.05%1.03%1.06%1.09%1.07%1.08%1.07%1.01%1.04%1.07%

Manhattan Associates's average Quarter revenue forecast for Mar 24 based on 1 analysts is $243.41M, with a low forecast of $243.41M, and a high forecast of $243.42M. MANH's average Quarter revenue forecast represents a 2.17% increase compared to the company's last Quarter revenue of $238.25M (Dec 23).

Manhattan Associates EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433355411376322223456633322
EBITDA------------$61.24M-$52.32M$49.38M$45.86M$36.87M$36.94M$35.01M$28.69M$44.29M$41.76M$27.28M$29.70M$36.28M$28.79M$27.96M$27.13M$37.74M
Avg Forecast$66.34M$69.45M$69.08M$65.44M$60.80M$62.35M$61.19M$58.27M$53.98M$55.97M$54.47M$38.91M$47.69M$48.17M$46.14M$30.76M$23.25M$39.36M$38.11M$24.32M$34.56M$34.81M$33.31M$17.90M$29.29M$29.47M$27.02M$22.03M$31.34M$32.18M
High Forecast$67.09M$70.24M$69.87M$66.19M$61.49M$63.06M$61.88M$59.54M$54.00M$55.99M$54.47M$46.70M$47.95M$48.42M$46.66M$36.91M$27.90M$39.36M$38.11M$29.18M$34.56M$34.81M$33.31M$21.48M$29.29M$29.47M$27.02M$26.44M$31.34M$32.18M
Low Forecast$65.67M$68.75M$68.39M$64.79M$60.19M$61.73M$60.57M$57.45M$53.96M$55.96M$54.47M$31.13M$47.54M$47.97M$45.67M$24.61M$18.60M$39.36M$38.11M$19.45M$34.56M$34.81M$33.31M$14.32M$29.29M$29.47M$27.02M$17.62M$31.34M$32.18M
Surprise %------------1.28%-1.13%1.61%1.97%0.94%0.97%1.44%0.83%1.27%1.25%1.52%1.01%1.23%1.07%1.27%0.87%1.17%

1 analysts predict MANH's average Quarter EBITDA for Mar 24 to be $38.91M, with a high of $46.70M and a low of $31.13M. This is -36.45% lower than Manhattan Associates's previous annual EBITDA (Dec 23) of $61.24M.

Manhattan Associates Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433355411376322223456633322
Net Income------------$48.74M-$39.62M$38.79M$37.87M$29.67M$30.82M$30.59M$20.58M$36.65M$30.59M$22.64M$20.54M$24.97M$19.20M$22.53M$16.76M$27.11M
Avg Forecast$82.70M$89.21M$88.59M$80.84M$75.37M$80.35M$78.05M$70.39M$65.71M$65.95M$59.26M$32.64M$49.62M$47.35M$44.69M$25.80M$16.68M$35.51M$33.96M$20.39M$23.92M$33.75M$26.80M$14.86M$20.14M$24.43M$21.33M$17.75M$19.26M$22.36M
High Forecast$83.92M$90.52M$89.89M$82.03M$76.48M$81.54M$79.20M$72.27M$66.33M$66.34M$59.27M$39.16M$50.24M$48.59M$45.35M$30.96M$20.02M$35.51M$33.96M$24.47M$23.92M$33.75M$26.80M$17.83M$20.14M$24.43M$21.33M$21.30M$19.26M$22.36M
Low Forecast$81.62M$88.04M$87.43M$79.78M$74.38M$79.30M$77.03M$67.88M$65.09M$65.56M$59.25M$26.11M$49.00M$46.10M$44.11M$20.64M$13.35M$35.51M$33.96M$16.32M$23.92M$33.75M$26.80M$11.89M$20.14M$24.43M$21.33M$14.20M$19.26M$22.36M
Surprise %------------0.98%-0.89%1.50%2.27%0.84%0.91%1.50%0.86%1.09%1.14%1.52%1.02%1.02%0.90%1.27%0.87%1.21%

Manhattan Associates's average Quarter net income forecast for Mar 24 is $32.64M, with a range of $26.11M to $39.16M. MANH's average Quarter net income forecast represents a -33.04% decrease compared to the company's last Quarter net income of $48.74M (Dec 23).

Manhattan Associates SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433355411376322223456633322
SG&A------------$39.83M-$38.80M$38.02M$34.76M$34.13M$36.35M$32.35M$34.16M$29.98M$30.83M$30.96M$29.34M$26.93M$23.73M$29.20M$31.95M$28.36M
Avg Forecast$57.30M$59.99M$59.67M$56.53M$52.52M$53.86M$52.85M$50.33M$46.63M$48.35M$47.05M$34.52M$41.20M$41.61M$39.85M$27.29M$27.69M$34.11M$33.02M$21.57M$29.95M$30.17M$28.87M$20.32M$25.38M$25.54M$23.42M$23.01M$27.16M$27.89M
High Forecast$57.95M$60.67M$60.35M$57.17M$53.12M$54.47M$53.45M$51.43M$46.65M$48.37M$47.05M$41.42M$41.42M$41.82M$40.30M$32.74M$33.22M$34.11M$33.02M$25.88M$29.95M$30.17M$28.87M$24.38M$25.38M$25.54M$23.42M$27.61M$27.16M$27.89M
Low Forecast$56.73M$59.39M$59.07M$55.96M$51.99M$53.32M$52.32M$49.62M$46.61M$48.33M$47.05M$27.61M$41.06M$41.44M$39.45M$21.83M$22.15M$34.11M$33.02M$17.26M$29.95M$30.17M$28.87M$16.26M$25.38M$25.54M$23.42M$18.41M$27.16M$27.89M
Surprise %------------0.97%-0.97%1.39%1.26%1.00%1.10%1.50%1.14%0.99%1.07%1.52%1.16%1.05%1.01%1.27%1.18%1.02%

Manhattan Associates's average Quarter SG&A projection for Mar 24 is $34.52M, based on 1 Wall Street analysts, with a range of $27.61M to $41.42M. The forecast indicates a -13.33% fall compared to MANH last annual SG&A of $39.83M (Dec 23).

Manhattan Associates EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433355411376322223456633322
EPS------------$0.79-$0.64$0.62$0.61$0.47$0.49$0.48$0.33$0.58$0.48$0.36$0.32$0.39$0.30$0.35$0.26$0.42
Avg Forecast$1.33$1.44$1.43$1.30$1.22$1.30$1.26$1.14$1.06$1.06$0.96$0.87$0.80$0.76$0.72$0.65$0.50$0.57$0.55$0.45$0.39$0.54$0.43$0.32$0.32$0.39$0.34$0.33$0.31$0.36
High Forecast$1.35$1.46$1.45$1.32$1.23$1.32$1.28$1.17$1.07$1.07$0.96$0.87$0.81$0.78$0.73$0.66$0.50$0.57$0.55$0.45$0.39$0.54$0.43$0.32$0.32$0.39$0.34$0.33$0.31$0.36
Low Forecast$1.32$1.42$1.41$1.29$1.20$1.28$1.24$1.10$1.05$1.06$0.96$0.87$0.79$0.74$0.71$0.64$0.49$0.57$0.55$0.45$0.39$0.54$0.43$0.32$0.32$0.39$0.34$0.33$0.31$0.36
Surprise %------------0.99%-0.89%0.95%1.23%0.82%0.90%1.07%0.86%1.07%1.11%1.12%0.99%0.99%0.87%1.07%0.84%1.17%

According to 1 Wall Street analysts, Manhattan Associates's projected average Quarter EPS for Mar 24 is $0.87, with a low estimate of $0.87 and a high estimate of $0.87. This represents a 9.99% increase compared to MANH previous annual EPS of $0.79 (Dec 23).

Manhattan Associates Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DVDoubleVerify$19.33$30.6458.51%Buy
BLBlackLine$58.53$88.5051.20%Buy
CDAYDayforce$69.52$81.3316.99%Hold
BSYBentley Systems$46.69$52.3312.08%Buy
PCTYPaylocity$195.28$218.6411.96%Buy
ROPRoper$549.45$605.1110.13%Buy
ENVEnvestnet$63.09$67.867.56%Hold
ANSSANSYS$342.24$359.605.07%Buy
AZPNAspen$245.30$254.403.71%Buy
MANHManhattan Associates$271.56$276.571.84%Buy
DSGXDescartes Systems Group$114.13$109.63-3.94%Buy
AGYSAgilysys$125.78$116.20-7.62%Buy
BLKBBlackbaud$83.02$74.33-10.47%Buy
GWREGuidewire Software$197.23$164.70-16.49%Buy
CVLTCommvault Systems$170.96$123.20-27.94%Hold

MANH Forecast FAQ

Is Manhattan Associates a good buy?

Yes, according to 4 Wall Street analysts, Manhattan Associates (MANH) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 75.00% of MANH's total ratings.

What is MANH's price target?

Manhattan Associates (MANH) average price target is $276.57 with a range of $150 to $315, implying a 1.84% from its last price of $271.56. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Manhattan Associates stock go up soon?

According to Wall Street analysts' prediction for MANH stock, the company can go up by 1.84% (from the last price of $271.56 to the average price target of $276.57), up by 16.00% based on the highest stock price target, and down by -44.76% based on the lowest stock price target.

Can Manhattan Associates stock reach $400?

MANH's average twelve months analyst stock price target of $276.57 does not support the claim that Manhattan Associates can reach $400 in the near future.

What is Manhattan Associates's current price target trend?

3 Wall Street analysts forecast a $308 price target for Manhattan Associates (MANH) this month, up 13.42% from its last price of $271.56. Compared to the last 3 and 12 months, the average price target increased by 12.02% and increased by 3.92%, respectively.

What are Manhattan Associates's analysts' financial forecasts?

Manhattan Associates's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.14B (high $1.16B, low $1.13B), average EBITDA is $242.62M (high $245.98M, low $239.94M), average net income is $304.16M (high $309.5M, low $298.59M), average SG&A $209.57M (high $212.47M, low $207.25M), and average EPS is $4.91 (high $5, low $4.82). MANH's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.27B (high $1.28B, low $1.26B), average EBITDA is $270.32M (high $273.38M, low $267.6M), average net income is $341.33M (high $346.37M, low $336.87M), average SG&A $233.5M (high $236.15M, low $231.15M), and average EPS is $5.51 (high $5.59, low $5.44).

Did the MANH's actual financial results beat the analysts' financial forecasts?

Based on Manhattan Associates's last annual report (Dec 2023), the company's revenue was $928.72M, beating the average analysts forecast of $867.47M by 7.06%. Apple's EBITDA was $219.42M, beating the average prediction of $172.76M by 27.01%. The company's net income was $176.57M, beating the average estimation of $167.47M by 5.44%. Apple's SG&A was $155.66M, beating the average forecast of $149.94M by 3.82%. Lastly, the company's EPS was $2.86, missing the average prediction of $2.94 by -2.65%. In terms of the last quarterly report (Dec 2023), Manhattan Associates's revenue was $238.26M, beating the average analysts' forecast of $224.01M by 6.36%. The company's EBITDA was $61.24M, beating the average prediction of $47.69M by 28.40%. Manhattan Associates's net income was $48.74M, missing the average estimation of $49.62M by -1.79%. The company's SG&A was $39.82M, missing the average forecast of $41.2M by -3.33%. Lastly, the company's EPS was $0.79, missing the average prediction of $0.801 by -1.38%