
ManpowerGroup (MAN) Stock Forecast & Price Target
ManpowerGroup (MAN) Analyst Ratings
Bulls say
ManpowerGroup is supported by an improving revenue trajectory, with 6% year-over-year constant-currency growth versus 3% guided and 8% organic days-adjusted growth in the US, alongside revenue of $4.86B and adjusted EPS of $0.99 beating expectations. Margin pressure is also easing, as gross margin declined 80 bps year over year versus 100 bps in 1Q, while EBITA reached $103M with a 2.1% margin, helped by cost cuts and years of technology investment. The company’s cyclical leverage to a stabilizing labor market, strength in Southern Europe and the Americas, and a $200M permanent cost-savings program targeted for 2028 all support further operating leverage and earnings expansion.
Bears say
ManpowerGroup is viewed negatively because its core Staffing and Interim business remains highly exposed to cyclical labor demand, while management itself has flagged that global growth, labor-market health, and the success of significant acquisitions can materially affect revenue and margins. Although revenue rose 10% y/y to $4.51B and EPS increased 3% in CC to $0.51, gross margin still fell 110bps y/y to 16.0%, with staffing margin alone cutting 70bps, underscoring weak operating leverage. The mixed Experis acquisition record, combined with integration risk, reputation sensitivity, and potential management-transition disruption, suggests execution and margin pressure could outweigh near-term top-line resilience.
This aggregate rating is based on analysts' research of ManpowerGroup and is not a guaranteed prediction by Public.com or investment advice.
ManpowerGroup (MAN) Analyst Forecast & Price Prediction
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