Manhattan Associates, Inc.

NasdaqGS:MANH Stock Report

Market Cap: US$8.0b

Manhattan Associates Future Growth

Future criteria checks 2/6

Manhattan Associates is forecast to grow earnings and revenue by 12.3% and 7.6% per annum respectively. EPS is expected to grow by 12.7% per annum. Return on equity is forecast to be 55.7% in 3 years.

Key information

12.3%

Earnings growth rate

12.65%

EPS growth rate

Software earnings growth18.0%
Revenue growth rate7.6%
Future return on equity55.73%
Analyst coverage

Good

Last updated09 Feb 2026

Recent future growth updates

Recent updates

Manhattan Associates Enters Major Customer Renewal Risk Period

Dec 10

Here's Why Manhattan Associates (NASDAQ:MANH) Has Caught The Eye Of Investors

Sep 05
Here's Why Manhattan Associates (NASDAQ:MANH) Has Caught The Eye Of Investors

Manhattan Associates, Inc.'s (NASDAQ:MANH) Shareholders Might Be Looking For Exit

Jun 18
Manhattan Associates, Inc.'s (NASDAQ:MANH) Shareholders Might Be Looking For Exit

Should You Investigate Manhattan Associates, Inc. (NASDAQ:MANH) At US$196?

May 13
Should You Investigate Manhattan Associates, Inc. (NASDAQ:MANH) At US$196?

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

Apr 24

An Intrinsic Calculation For Manhattan Associates, Inc. (NASDAQ:MANH) Suggests It's 30% Undervalued

Apr 15
An Intrinsic Calculation For Manhattan Associates, Inc. (NASDAQ:MANH) Suggests It's 30% Undervalued

Here's Why We Think Manhattan Associates (NASDAQ:MANH) Is Well Worth Watching

Mar 31
Here's Why We Think Manhattan Associates (NASDAQ:MANH) Is Well Worth Watching

Manhattan Associates: Decent 'Buy The Dip' Opportunity

Feb 05

Manhattan Associates Improves Performance In Bumpy Environment (Upgrade)

Nov 11

Sell The Highs: Manhattan Associates' Overvaluation Points To A Market Correction

Aug 27

Manhattan Associates Q2: Balancing Record Growth With Valuation Pressures

Aug 21

Manhattan Associates: Revenue Growth Fades Amid Uncertain Macro Environment

May 24

Manhattan Associates: Supply Chain Digitization Tailwinds May Propel Long-Term Growth

Feb 26

Earnings and Revenue Growth Forecasts

NasdaqGS:MANH - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20281,3592894995104
12/31/20271,24724842042911
12/31/20261,14621537238111
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
3/31/202062387107123N/A
12/31/201961886132147N/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
6/30/201552992N/A116N/A
3/31/201551286N/A90N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MANH's forecast earnings growth (12.3% per year) is above the savings rate (3.4%).

Earnings vs Market: MANH's earnings (12.3% per year) are forecast to grow slower than the US market (15.7% per year).

High Growth Earnings: MANH's earnings are forecast to grow, but not significantly.

Revenue vs Market: MANH's revenue (7.6% per year) is forecast to grow slower than the US market (10.4% per year).

High Growth Revenue: MANH's revenue (7.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MANH's Return on Equity is forecast to be very high in 3 years time (55.7%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/25 07:09
End of Day Share Price 2026/02/25 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Manhattan Associates, Inc. is covered by 21 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph VruwinkBaird
Guy HardwickBarclays
Mark SchappelBenchmark Company