DA Davidson Lowers Manhattan Associates (NASDAQ:MANH) Price Target to $240.00

Manhattan Associates (NASDAQ:MANH) had its price target dropped by equities research analysts at DA Davidson from $250.00 to $240.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the software maker’s stock. DA Davidson’s price target would indicate a potential upside of 48.30% from the company’s previous close.

Other research analysts also recently issued reports about the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Manhattan Associates in a research note on Thursday, January 22nd. Citigroup upgraded shares of Manhattan Associates from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $200.00 to $208.00 in a research report on Thursday, January 15th. UBS Group set a $240.00 target price on Manhattan Associates in a research note on Wednesday, October 22nd. Morgan Stanley decreased their price target on shares of Manhattan Associates from $200.00 to $165.00 and set an “equal weight” rating for the company in a research note on Monday, January 5th. Finally, Truist Financial set a $240.00 price objective on Manhattan Associates in a research report on Thursday, January 15th. Nine equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $218.75.

Manhattan Associates Stock Performance

Manhattan Associates stock traded down $7.90 during midday trading on Wednesday, reaching $161.83. 792,417 shares of the stock were exchanged, compared to its average volume of 687,656. Manhattan Associates has a 52 week low of $140.81 and a 52 week high of $247.22. The firm has a market cap of $9.75 billion, a PE ratio of 46.00 and a beta of 1.02. The company’s fifty day moving average is $173.85 and its 200-day moving average is $193.44.

Manhattan Associates (NASDAQ:MANH) last posted its quarterly earnings data on Tuesday, January 27th. The software maker reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.10. The company had revenue of $270.39 million during the quarter, compared to analyst estimates of $264.69 million. Manhattan Associates had a return on equity of 78.80% and a net margin of 20.25%.The firm’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the company earned $1.17 earnings per share. Manhattan Associates has set its FY 2026 guidance at 5.040-5.200 EPS. On average, sell-side analysts anticipate that Manhattan Associates will post 3.3 earnings per share for the current fiscal year.

Institutional Trading of Manhattan Associates

A number of large investors have recently made changes to their positions in the stock. Whipplewood Advisors LLC boosted its holdings in Manhattan Associates by 907.7% in the second quarter. Whipplewood Advisors LLC now owns 131 shares of the software maker’s stock worth $26,000 after purchasing an additional 118 shares during the last quarter. Eagle Bay Advisors LLC bought a new stake in shares of Manhattan Associates in the fourth quarter worth $27,000. Caitong International Asset Management Co. Ltd increased its position in Manhattan Associates by 448.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 137 shares of the software maker’s stock valued at $28,000 after acquiring an additional 112 shares during the last quarter. Eastern Bank bought a new position in Manhattan Associates in the third quarter valued at about $30,000. Finally, V Square Quantitative Management LLC purchased a new position in Manhattan Associates in the fourth quarter worth about $44,000. 98.45% of the stock is currently owned by institutional investors.

Manhattan Associates News Summary

Here are the key news stories impacting Manhattan Associates this week:

• Positive Sentiment: Q4 results beat consensus: Q4 EPS $1.21 vs $1.11 est and revenue $270.4M vs $264.7M, with revenue up ~5.7% year‑over‑year — a fundamental beat that supports the business outlook. BusinessWire Q4 Release
• Positive Sentiment: Company issued FY2026 EPS guidance of $5.040–$5.200, above consensus (~$4.61), and revenue guidance at roughly $1.1B–$1.2B — a constructive forward signal. Press Release / Guidance
• Positive Sentiment: William Blair reaffirmed a Buy rating, pointing to robust subscription growth, a conservative 2026 outlook that may hold upside, and potential benefits from the company’s AI initiatives. TipRanks / William Blair Note
• Neutral Sentiment: Full earnings / conference call transcripts and coverage (Seeking Alpha, MarketBeat, Zacks) provide more detail on metrics, margins and management commentary for investors doing deeper diligence. Earnings Call Transcript
• Neutral Sentiment: Several writeups and valuation pieces assess the stock after strong cloud growth and an AI agent rollout — useful context but not immediate drivers. Valuation / Analysis
• Negative Sentiment: Short interest rose ~23.2% in January to ~2.29M shares (≈3.8% of float; short‑interest ratio ~3.8 days), increasing bearish pressure and potential volatility.
• Negative Sentiment: Despite beats, the stock is down today — likely due to sell‑the‑news/profit‑taking after prior gains, high valuation (P/E ~46x), and some investors interpreting the company’s commentary/guidance tone as conservative rather than aggressively expansionary.

Manhattan Associates Company Profile

Manhattan Associates, Inc (NASDAQ: MANH) is a provider of supply chain and omnichannel commerce software solutions designed to optimize the flow of goods, information and funds across enterprise operations. Its flagship offerings include warehouse management, transportation management, order management and omnichannel fulfillment applications. These solutions are delivered through a cloud-native platform called Manhattan Active, which enables retailers, manufacturers, carriers and third-party logistics providers to orchestrate inventory, manage distribution and improve customer service in real time.

Key product areas include Manhattan Active Warehouse Management, which automates and optimizes warehouse operations from receiving through shipping; Manhattan Active Transportation Management, supporting carrier selection, routing and freight payment; and Manhattan Active Omni, which unifies order capture, inventory visibility and fulfillment across stores, distribution centers and e-commerce channels.