
Manhattan Associates (MANH) Stock Forecast & Price Target
Manhattan Associates (MANH) Analyst Ratings
Bulls say
Manhattan Associates reported total revenue of $272.4 million for the recent quarter, reflecting a 3% year-over-year increase and surpassing estimates, while total software revenue experienced a robust growth of 19% year-over-year. The company raised its non-GAAP EPS guidance to a range of $4.76 - $4.84, driven by strong cloud revenue growth and effective scaling that positively impacted margins. Additionally, solid demand for its product portfolio is evidenced by over 70% of new bookings from new customers and a strong revenue performance outlook, with the fiscal year 2025 revenue guide raised to $1.071 - $1.075 billion, indicating continued growth potential.
Bears say
Manhattan Associates has experienced a decline in professional services revenue, falling by 6% year-over-year, which reflects potential challenges in its transition from on-premise to cloud software deployments over the next six years. The company faces significant risks including macroeconomic uncertainties, tariff dynamics affecting demand, and the potential for deal slippage that could adversely impact quarterly revenue and earnings per share. Additionally, the presence of larger competitors in the supply chain management technology market poses a threat to Manhattan Associates, particularly as businesses may gravitate towards more scalable solutions during financially cautious periods.
This aggregate rating is based on analysts' research of Manhattan Associates and is not a guaranteed prediction by Public.com or investment advice.
Manhattan Associates (MANH) Analyst Forecast & Price Prediction
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