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

Manhattan Associates (NASDAQ:MANH) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 5.290-5.370 for the period, compared to the consensus earnings per share estimate of 4.630. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.1 billion.

Manhattan Associates Trading Up 0.8%

Shares of MANH traded up $1.06 on Tuesday, reaching $134.89. The company’s stock had a trading volume of 874,522 shares, compared to its average volume of 789,801. The stock has a market capitalization of $7.99 billion, a PE ratio of 37.47 and a beta of 1.05. The firm has a fifty day moving average of $137.25 and a 200-day moving average of $162.70. Manhattan Associates has a twelve month low of $119.06 and a twelve month high of $247.22.

Manhattan Associates (NASDAQ:MANH) last posted its quarterly earnings data on Tuesday, April 21st. The software maker reported $1.24 EPS for the quarter, beating the consensus estimate of $1.10 by $0.14. The firm had revenue of $282.22 million during the quarter, compared to analyst estimates of $273.71 million. Manhattan Associates had a net margin of 20.34% and a return on equity of 75.61%. Manhattan Associates has set its FY 2026 guidance at 5.290-5.370 EPS. As a group, equities analysts anticipate that Manhattan Associates will post 3.76 EPS for the current fiscal year.

Manhattan Associates announced that its Board of Directors has initiated a share repurchase plan on Thursday, March 5th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the software maker to reacquire up to 5.8% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on MANH shares. William Blair reiterated an “outperform” rating on shares of Manhattan Associates in a research report on Thursday, March 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Manhattan Associates in a research note on Thursday, January 22nd. Wall Street Zen upgraded shares of Manhattan Associates from a “hold” rating to a “buy” rating in a research report on Saturday, March 21st. DA Davidson cut their target price on shares of Manhattan Associates from $250.00 to $240.00 and set a “buy” rating on the stock in a report on Wednesday, January 28th. Finally, Citigroup raised Manhattan Associates from a “neutral” rating to a “buy” rating and raised their price target for the stock from $200.00 to $208.00 in a research note on Thursday, January 15th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $215.36.

Institutional Investors Weigh In On Manhattan Associates

A number of institutional investors have recently bought and sold shares of MANH. Corient Private Wealth LLC grew its holdings in Manhattan Associates by 156.0% during the 4th quarter. Corient Private Wealth LLC now owns 11,550 shares of the software maker’s stock valued at $2,002,000 after buying an additional 7,038 shares in the last quarter. Alberta Investment Management Corp purchased a new stake in Manhattan Associates during the 4th quarter valued at approximately $1,300,000. First Citizens Bank & Trust Co. grew its position in shares of Manhattan Associates by 8.6% during the fourth quarter. First Citizens Bank & Trust Co. now owns 6,829 shares of the software maker’s stock valued at $1,184,000 after purchasing an additional 539 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of Manhattan Associates by 9.4% during the fourth quarter. NewEdge Advisors LLC now owns 2,628 shares of the software maker’s stock valued at $455,000 after purchasing an additional 226 shares in the last quarter. Finally, XTX Topco Ltd grew its position in shares of Manhattan Associates by 263.2% during the fourth quarter. XTX Topco Ltd now owns 3,992 shares of the software maker’s stock valued at $692,000 after purchasing an additional 2,893 shares in the last quarter. Hedge funds and other institutional investors own 98.45% of the company’s stock.

About Manhattan Associates

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.