Manhattan Associates stock
MANHNASDAQManhattan Associates, Inc., TechnologyISIN US5627501092
83Score 83 out of 100, Strong
Price and trend
86 / 100
Price history
+46% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 51% above it.
Since August 2026 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 69).
The price is 1.6% below its 52-week high. Largest decline in 20 years: 61% (December 2024 to April 2026).
Chart figures for advanced users
- SMA 50$223.42
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$170.19
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)69
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$120.88
- The lowest closing price of the last twelve months.
- Resistance$260.41
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Manhattan Associates, Inc. belongs to the Software (Application) industry (United States) and, with a market value of $14.89B, is number 36 of 188 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $1.08B (up 3.7% year on year) and earnings of $219.95M (up 0.7%).
- For fiscal 2026, analysts expect on average revenue of $1.18B (up 8.8%) and adjusted earnings per share of $5.58 (up 10.1%).
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- MEQIRI Score 83 out of 100 (Strong): rank 12 of 854 in Technology, median 61.
- The P/E is 70.7 (Software (Application) median 31.3, own median of recent years 59.6).
- Our model puts fair value at $115.10, with the price 123% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- High return on capitalReturn on invested capital 242.9% in fiscal 2025, Software (Application) median 3.9%.Profitability 92
- Earnings per share growingUp 21.6% a year since 2020.Growth 86
- Earnings turn into cashFree cash flow 178% of earnings over the last 12 months.Fundamentals 100
Weaknesses
- Above fair valuePrice 123% above the fair value of $115.10.Valuation 14
- Richly valuedP/E 70.7, Software (Application) median 31.3, own median 59.6.Valuation 14
- Volatile share priceVolatility 47% a year over the last 12 months.
Its standout strengths are fundamentals and momentum, while valuation holds the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Fundamentals are strong, with stable profits and strong cash generation.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among stocks ranked 101 to 1,000.
From 2016 to 2025, 13 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What drives the risk
- high price swings
- high growth grade (crashed more often in the backtest)
What lowers it
- solid fundamentals
- price near its 52-week high
- stable momentum
Valuation
Valuation signal
Significantly overvaluedIn our model the price counts as cheap below $82.22 and expensive above $191.84 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $116.76 (cash-flow model) and $113.45 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 9.6%. At 10.6% the fair value would be $106.28, at 8.6% it would be $127.67.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (31.3).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 8.4% on the twelve months before. Revenue has grown solidly since 2006, at about 7% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 56%, operating 26%, net 20%.
Debt & balance sheet
Fiscal 2025The balance sheet is solid, with moderate debt and comfortable interest coverage.
Earnings
- Next earnings
- 26 Jan 2027in 74 days
- Last reported
- 27 Oct 2026EPS reported $1.55 (expected $1.46)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $5.58+1.5%
- Revenue
- $1.18B+1.0%
- Earnings per share
- $6.18+0.6%
- Revenue
- $1.27B+0.6%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: +1.4%Manhattan Associates raised its 2026 outlook: RPO growth now 21% versus prior 18 to 20%, revenue midpoint of $1.177 billion, operating margin raised to 35.3% and EPS raised to $5.54 to $5.56.
“Up from our prior target range of 18% to 20% growth. We are raising our full year total revenue operating margin and EPS outlook.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 27 Oct 2026 (fiscal Q3 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 3 insiders sold, $2.37M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Manhattan Associates
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
854 rated companies in Technology
- This company
- 83
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Software (Application)
The next larger and next smaller companies by market value
- OBIC4684.T $16.19B83
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- Beijing Kingsoft Office Software688111.SS $15.15B68
- DocuSignDOCU $14.98B69
- iFLYTEK CO.,LTD002230.SZ $13.43B36
- JFrogFROG $13.4B54
- Guidewire SoftwareGWRE $13.22B58
- DynatraceDT $12.88B64
ETFs that hold Manhattan Associates
Held by 12 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| L&G Ecommerce Logistics UCITS ETFETLH | 2.41% | 0.49% | €62.57M |
| State Street SPDR S&P 400 U.S. Mid Cap UCITS ETF (Acc)SPY4 | 0.44% | 0.30% | €5.36B |
| iShares MSCI USA Small Cap CTB Enhanced ESG UCITS ETFSXRG | 0.27% | 0.43% | €2.5B |
Show 5 more
| iShares MSCI World Small Cap CTB Enhanced ESG UCITS ETFCBUG | 0.16% | 0.10% | €395.74M |
| iShares MSCI World Small Cap UCITS ETFIUSN | 0.15% | 0.35% | €8.27B |
| State Street SPDR MSCI All Country World Investable Market UCITS ETF (Acc)SPYI | 0.07% | 0.17% | €8.84B |
| State Street SPDR MSCI USA Small Cap Value Weighted UCITS ETFZPRV | 0.06% | 0.30% | €964.08M |
| iShares World Equity High Income Active UCITS ETF USDWINC | 0.05% | 0.35% | €955.74M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 11 Apr 2025)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.