Manhattan Associates, Inc.

NasdaqGS:MANH 株式レポート

時価総額：US$12.3b

Manhattan Associates 将来の成長

Future 基準チェック /26

Manhattan Associates利益と収益がそれぞれ年間13.2%と8%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に137.4% 13.8%なると予測されています。

主要情報

13.2%

収益成長率

13.81%

EPS成長率

Software 収益成長20.7%
収益成長率8.0%
将来の株主資本利益率137.42%
アナリストカバレッジ

Good

最終更新日26 Aug 2026

今後の成長に関する最新情報

Recent updates

新しいナラティブ • Sep 09

Cloud Adoption And Embedded AI Agents Will Support Steadier Long Term Performance

Catalysts About Manhattan Associates Manhattan Associates provides cloud based software that helps customers manage warehouses, transportation, order management, stores and supply chain planning. What are the underlying business or industry changes driving this perspective?
ナラティブ更新 • Sep 03

MANH: Cloud Execution And Buybacks Will Support Future Upside

Analysts have lifted the Manhattan Associates fair value estimate from $235.38 to $258.41, citing higher Street price targets up to $260 that reflect confidence in the company’s supply chain commerce positioning, cloud execution and growing sales to existing customers. Analyst Commentary Recent Street research on Manhattan Associates points to a broadly constructive view of the stock, with bullish analysts lifting price targets into a US$180 to US$260 range and, in one case, upgrading the rating alongside a higher target.
ナラティブ更新 • Aug 13

MANH: Cloud Momentum And AI Adoption Will Test Fairly Valued Outlook

The analyst price target for Manhattan Associates is updated from $153.03 to $180.00, reflecting recent research that identifies stronger cloud adoption, Q2 execution and ongoing leadership in supply chain commerce as key drivers in current models. Analyst Commentary Recent Street research on Manhattan Associates highlights a mix of confidence in the business model and some ongoing caution.
Seeking Alpha • Jul 30

Manhattan Associates: Editions, Agents, And The Case For Patience

Summary Manhattan Associates is rated Hold after a ~17% gain since the previous Buy call, with current valuations around 30x EV/EBITDA. Cloud revenue reacceleration and AI resilience support MANH’s thesis, but recent Q2 results confirm trends rather than mark a breakout inflection. Guidance was raised modestly, with full-year revenue midpoint up to $1.165B and EPS to $5.47, but not enough to justify further rerating. Growth levers—Active Agents and Editions—remain unproven, warranting profit booking and a wait-and-see approach for new investments. Read the full article on Seeking Alpha
ナラティブ更新 • Jul 30

MANH: Cloud And AI Momentum Will Face Heightened Execution Risk

Analysts raised the Manhattan Associates fair value estimate from $145.00 to approximately $153.03, reflecting recent price target increases into the $180 to $225 range and research that highlights cloud growth, execution, and supply chain commerce positioning as key supports for the updated view. Analyst Commentary Recent Street research on Manhattan Associates centers on how sustainable the current valuation looks in light of growth expectations for cloud offerings and broader supply chain commerce demand.
ナラティブ更新 • Jun 30

MANH: Cloud And AI Adoption Will Face Repriced Execution Risk

Manhattan Associates' analyst fair value estimate has been revised to $145 from $160. Analysts are fine tuning assumptions around discount rates, growth, margins, and future P/E multiples following a series of recent price target changes across the Street.
ナラティブ更新 • Jun 16

MANH: AI Supply Chain Platform And Buybacks Will Support Future Upside

Analysts have trimmed their average price target on Manhattan Associates to $201 from $239, reflecting updated assumptions on discount rates, revenue growth, profit margins, and future P/E multiples across recent Street research. Analyst Commentary Recent research on Manhattan Associates shows a mix of revised models and valuation work, with several firms resetting price targets to reflect updated assumptions on discount rates, growth expectations, and target P/E multiples.
ナラティブ更新 • Jun 01

MANH: AI Supply Chain Adoption And Buybacks Will Support Long Term Upside

Manhattan Associates' analyst price target has been trimmed by about $5 to roughly $235, as analysts adjust their models following a series of target reductions across the Street, while still reflecting solid revenue growth, profit margin, and P/E assumptions in updated forecasts. Analyst Commentary Recent research shows a mixed but generally constructive stance on Manhattan Associates, with several target changes clustering in a relatively tight range and pointing to ongoing debate around how to price the company’s execution and growth profile.
ナラティブ更新 • May 18

MANH: Buybacks And AI Logistics Adoption Will Support Long Term Upside

Analysts have adjusted their views on Manhattan Associates with a mixed set of price target changes, while the fair value estimate remains steady at $240 as they cite updated assumptions for revenue growth, profit margins, and the future P/E multiple. Analyst Commentary Street research on Manhattan Associates has been active, with several firms revisiting their price targets in light of updated views on growth, margins, and valuation multiples.
ナラティブ更新 • Apr 25

MANH: Buybacks And Supply Chain Software Demand Will Support Long Term Upside

Analysts have nudged Manhattan Associates' blended price target slightly lower to reflect revised revenue growth, discount rate, profit margin, and P/E assumptions, following a series of modest price target cuts of up to $40, along with smaller $3 upward revisions. Analyst Commentary Recent Street research points to a mixed but generally constructive tone around Manhattan Associates, with several bullish analysts making modest upward adjustments to price targets despite broader recalibrations elsewhere.
ナラティブ更新 • Apr 10

MANH: Automation Recovery And Buybacks Will Support Long Term Upside

Analysts have nudged Manhattan Associates' blended price target slightly lower to $236, reflecting modest target cuts from some firms even as they point to an improving short cycle recovery for industrial technology and distribution names. Analyst Commentary Recent research on Manhattan Associates centers on fine tuning price targets while keeping a broadly constructive stance on the company and its sector.
ナラティブ更新 • Mar 26

MANH: Cloud And AI Adoption Will Support Short Cycle Recovery Execution

Analysts have made only a small adjustment to their view on Manhattan Associates, trimming aggregate price targets by low single digits in dollar terms as they factor in updated sector views and the timing of a short cycle recovery across industrial technology and distribution peers. Analyst Commentary Recent research views on Manhattan Associates have been mixed, with some investors seeing potential in a short cycle recovery across industrial technology and distribution, while others are recalibrating expectations and price targets.
ナラティブ更新 • Mar 12

MANH: Cloud And AI Adoption Will Support Future Supply Chain Execution

Narrative Update Analysts have fine tuned their view on Manhattan Associates, trimming some price targets by around $2 to $10 while keeping fair value near $160. This reflects slightly higher assumed revenue growth, margins and future P/E, along with a modestly higher discount rate.
ナラティブ更新 • Feb 25

MANH: AI And Automation Tailwinds Will Drive Long Term Upside

Analysts have revised their average price target on Manhattan Associates to $240, down from about $262.75. They cited updated assumptions for discount rates, revenue growth, profit margins and future P/E multiples that reflect their latest views on the company and its sector peers.
ナラティブ更新 • Feb 11

MANH: Cloud And AI Adoption Plus Mixed Execution Will Drive Balanced Outlook

Analysts have reduced their average price target for Manhattan Associates by about $8 to $160, citing updated assumptions for growth, margins and discount rates, while some recent research still presents the stock within constructive long term industry themes and a higher future P/E of roughly 43x. Analyst Commentary Recent Street research on Manhattan Associates reflects a mix of supportive long term themes and more cautious adjustments to price targets and assumptions.
ナラティブ更新 • Jan 28

MANH: Cloud And AI Adoption Plus Execution Risks Will Shape Balanced Outlook

Analysts have nudged their fair value estimate for Manhattan Associates higher to about $168 per share from roughly $166, reflecting slightly stronger assumptions for revenue growth, profit margins, and future P/E. At the same time, recent Street research shows modestly lower price targets within an overall positive view on industrial technology and distribution names.
ナラティブ更新 • Jan 10

MANH: Cloud And AI Execution Plus Buybacks Will Shape Balanced Outlook

Analysts have nudged our fair value estimate for Manhattan Associates lower, from about US$180 to roughly US$166, as refreshed models reflect trimmed Street price targets around US$195 to US$244, along with updated assumptions for revenue growth, profit margins, and a lower future P/E multiple. Analyst Commentary Recent research updates around Manhattan Associates cluster around trimmed price targets and a more measured stance on execution, even as opinions differ on the share rating.
ナラティブ更新 • Dec 26

MANH: Cloud Momentum And Buybacks Will Support Balanced Long Term Outlook

We lower our fair value estimate for Manhattan Associates to $180 from $195, reflecting analysts' modestly reduced price targets following Q3's softer remaining performance obligations, even as they highlight resilient cloud growth above 20 percent and a constructive long term demand outlook. Analyst Commentary Recent Street research reflects a more balanced but cautiously toned view on Manhattan Associates, with multiple bearish analysts trimming price targets even as they acknowledge the company’s strong competitive positioning and durable cloud growth profile.
ナラティブ更新 • Dec 12

MANH Cloud Momentum And Buybacks Will Support Long Term Upside

Analysts have modestly raised their fair value estimate for Manhattan Associates to $195 from about $176 per share, citing expectations for stronger revenue growth and a higher future earnings multiple despite near term softness in remaining performance obligations. Analyst Commentary Recent Street research on Manhattan Associates reflects a mixed but increasingly balanced stance, with several firms trimming price targets and highlighting execution risks despite a still constructive long term outlook.
ナラティブ更新 • Oct 09

Cloud Adoption And AI Integration Will Drive Supply Chain Modernization

Manhattan Associates’ analyst price target has increased moderately, rising from $227.89 to $231.64. Analysts cite the company’s strong product suite, expanding market position, and robust quarterly results as key drivers for renewed optimism.
Seeking Alpha • Apr 24

Manhattan Associates: Valuation Is Back At Reasonable Levels (Rating Upgrade)

Summary Q1 results have been positive despite the tariff uncertainty, with a 21% cloud revenue growth. Guidance remains cautious due to macro uncertainties and spending delays in the services segment. The tariff situation presents some challenges in Manhattan Associates' largest market, but it could also drive higher demand in the long term. The stock trades close to its fair value of $150-$160 per share, and I upgrade my rating from hold to buy. Read the full article on Seeking Alpha
Seeking Alpha • Feb 05

Manhattan Associates: Decent 'Buy The Dip' Opportunity

Summary Manhattan Associates is rated a 'Buy' with a 1-year target price of $240.7, implying a 16% upside from the current price. Despite a slowdown in services revenue, MANH's fundamentals remain strong, with solid profit margins, cash flow, and no debt. The company's cloud subscription business is growing rapidly, projected to surpass services revenue by 2026, driven by strong customer acquisition and demand. Risks include potential further budget cuts from clients, but current price levels present a buy-the-dip opportunity for investors. Read the full article on Seeking Alpha

業績と収益の成長予測

NasdaqGS:MANH - アナリストの将来予測と過去の財務データ ( )USD Millions
日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数
12/31/20281,3762914614724
12/31/20271,26525242343510
12/31/20261,16521538639710
6/30/20261,126210399415N/A
3/31/20261,101217380398N/A
12/31/20251,081220374389N/A
9/30/20251,067216333347N/A
6/30/20251,058221307316N/A
3/31/20251,051217308316N/A
12/31/20241,042218286295N/A
9/30/20241,025219271279N/A
6/30/2024997205267275N/A
3/31/2024962192236242N/A
12/31/2023929177241246N/A
9/30/2023889166208213N/A
6/30/2023848146188194N/A
3/31/2023809137200207N/A
12/31/2022767129173180N/A
9/30/2022740112158165N/A
6/30/2022712119179184N/A
3/31/2022686118172177N/A
12/31/2021664110181185N/A
9/30/2021639110180183N/A
6/30/202162099164166N/A
3/31/202158987167169N/A
12/31/202058687138141N/A
9/30/202059283132137N/A
6/30/202060586121135N/A
3/31/202062387N/A123N/A
12/31/201961886N/A147N/A
9/30/201960995N/A146N/A
6/30/201958996N/A142N/A
3/31/2019577103N/A121N/A
12/31/2018559105N/A137N/A
9/30/2018559103N/A151N/A
6/30/2018569107N/A160N/A
3/31/2018582111N/A154N/A
12/31/2017595116N/A164N/A
9/30/2017598122N/A154N/A
6/30/2017597123N/A152N/A
3/31/2017598125N/A160N/A
12/31/2016605124N/A139N/A
9/30/2016598121N/A138N/A
6/30/2016588115N/A137N/A
3/31/2016573108N/A145N/A
12/31/2015556103N/A120N/A
9/30/201554597N/A124N/A

アナリストによる今後の成長予測

収入対貯蓄率: MANHの予測収益成長率 (年間13.2% ) は 貯蓄率 ( 3.7% ) を上回っています。

収益対市場: MANHの収益 ( 13.2% ) US市場 ( 17.4% ) よりも低い成長が予測されています。

高成長収益: MANHの収益は増加すると予測されていますが、大幅には増加しません。

収益対市場: MANHの収益 ( 8% ) US市場 ( 13.6% ) よりも低い成長が予測されています。

高い収益成長: MANHの収益 ( 8% ) 20%よりも低い成長が予測されています。

一株当たり利益成長率予想

将来の株主資本利益率

将来のROE: MANHの 自己資本利益率 は、3年後には非常に高くなると予測されています ( 137.4 %)。

成長企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/09/20 11:30
終値2026/09/18 00:00
収益2026/06/30
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

このレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。

シンプリー・ウォールストリート分析モデルを設計・構築した ご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Manhattan Associates, Inc. 10 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。21

アナリスト機関
Joseph VruwinkBaird
Guy HardwickBarclays
Yun Suk KimBrean Capital Historical (Janney Montgomery)