Key statistics

Is MANH a good stock to buy in 2026?

Manhattan Associates (MANH) presents a compelling “Buy” consensus from analysts, projecting a significant +40.2% upside to $197.25. While its P/E ratio of 38.76x offers a notable discount compared to the Software – Application sector average of 69.7x, the discounted cash flow (DCF) model suggests MANH stock is currently overvalued by 33.4% at $93.67. Investors considering MANH should weigh these conflicting valuation signals alongside strong analyst sentiment to determine if MANH is a good stock for their portfolio.

2026 MANH price scenarios

Based on analyst consensus of $197.25 from 15 analysts. Not a prediction by Alert Invest.

About Manhattan Associates, Inc. (MANH)

Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations.

Under the leadership of CEO Eric A. Clark, Manhattan Associates, Inc. continues to be a pivotal player in the supply chain and omnichannel commerce software landscape. The company distinguishes itself through its comprehensive Manhattan Active platform, offering cloud-native solutions that provide agility and scalability for complex logistics operations. This commitment to innovation and integrated solutions forms a core part of MANH’s market identity and competitive differentiation in the Software – Application industry.

MANH competitive moat and business analysis

Manhattan Associates demonstrates robust profitability with a net margin of 19.68%, significantly above many peers in the software sector. While specific Return on Equity (ROE) and Return on Invested Capital (ROIC) figures are not available, the strong net margin suggests efficient operations and pricing power, indicative of a competitive advantage derived from its specialized software offerings in supply chain management. This operational efficiency contributes positively to the overall MANH stock appeal.

Detailed segment and geographical revenue breakdowns for Manhattan Associates, Inc. for the fiscal year 2025 are not available in the provided data. However, the company’s focus on supply chain, inventory, and omni-channel operations suggests a diversified customer base across various industries reliant on sophisticated logistics solutions. This broad application helps to mitigate risks associated with reliance on a single market segment.

MANH’s revenue growth of 3.7% year-over-year indicates a steady, albeit moderate, expansion of its market presence. This growth, coupled with its consistent profitability, suggests a durable competitive moat. The ongoing transition to cloud-based ‘Manhattan Active’ solutions likely supports recurring revenue streams and customer stickiness, strengthening its long-term market position and contributing to MANH valuation stability. The company’s beta of 1.047 suggests its stock price tends to move largely in line with the broader market.

When assessing the strength of MANH’s competitive position, it’s beneficial to compare it against industry peers such as APPF, DAY, and GTM. While direct quantitative comparisons require further analysis, Manhattan Associates’ established brand and specialized niche in supply chain execution often afford it a defensible market share against broader enterprise software providers, underpinning the “is MANH a good stock” question.

Manhattan Associates, Inc. analyst rating

Based on 15 analysts. 73.3% rate MANH Buy or Strong Buy.

A 73.3% ‘Buy’ rating from 15 analysts is generally considered a strong positive signal within the Technology sector, indicating significant confidence in MANH stock’s future performance. This high conviction rate suggests that the majority of analysts believe the company’s growth prospects and fundamentals are robust enough to warrant an investment, reinforcing the discussion around “is MANH a good stock”.

Is MANH undervalued or overvalued?

MANH stock currently trades at a P/E ratio of 38.76x, which represents a considerable discount compared to the broader Software – Application sector average of 69.7x. This suggests that, on an earnings multiple basis, MANH might be considered relatively undervalued when compared to its industry peers, making it an interesting candidate for value-oriented investors seeking technology exposure.
However, a discounted cash flow (DCF) analysis estimates MANH’s fair value at $93.67, representing a 33.4% discount to its current trading price. This DCF valuation indicates that, based on future cash flow projections, the stock could be overvalued. The discrepancy between the P/E and DCF suggests that while earnings multiples appear favorable, future cash flow growth might be priced aggressively into the current MANH valuation.

MANH financial health & key metrics

For value investors, the financial health of MANH stock presents a mixed but generally solid picture. The company boasts strong net margins of 19.68% and a very manageable debt-to-equity ratio of 0.27x, highlighting its operational efficiency and low financial risk. While its P/E ratio of 38.76x appears favorable compared to the sector average, the DCF analysis suggests a notable overvaluation, pointing to potential concerns regarding the sustainability of its current price based on intrinsic value. Revenue growth at 3.7% is steady, supporting its profitability, but not indicative of explosive expansion.

Manhattan Associates, Inc. earnings history & next report

Manhattan Associates, Inc. reported EPS of $1.24, beating estimates by 12.73%. Next earnings: 2026-07-28 with EPS estimate of $1.31.

Looking ahead to Manhattan Associates’ next earnings report on 2026-07-28, investors should keenly watch for the actual EPS performance against the estimate of $1.31. Beyond the headline number, pay close attention to management’s guidance on cloud adoption rates, new customer acquisitions, and any updates regarding the macroeconomic environment’s impact on enterprise software spending. Sustained revenue growth and margin stability will be critical indicators of MANH stock’s underlying strength and future MANH valuation.

MANH daily short volume

Short volume data from FINRA CNMS Consolidated — shares sold short in the most recent US trading session. A high short ratio can signal bearish conviction or a potential short squeeze. Updated every trading day.

MANH insider trading activity

Corporate insiders must report trades to the SEC within two business days.

Source: SEC Form 4 via EDGAR · Data: Financial Modeling Prep · Not investment advice

Recent MANH analyst rating changes

Manhattan Associates, Inc. stock news today

How does MANH compare to its peers?

Understanding how Manhattan Associates (MANH) positions itself against its competitors is crucial for a complete investment picture. The Software – Application industry is dynamic, with various players offering specialized solutions. Here are a few notable peers and how MANH can be viewed in comparison:

FAQ — Manhattan Associates, Inc. (MANH) stock