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

Manhattan Associates (NASDAQ:MANH) had its price target reduced 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 currently has a “buy” rating on the software maker’s stock. DA Davidson’s target price points to a potential upside of 48.30% from the company’s previous close.

A number of other research firms have also recently commented on MANH. Barclays decreased their target price on shares of Manhattan Associates from $239.00 to $237.00 and set an “overweight” rating on the stock in a research note on Monday, January 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Manhattan Associates in a report on Thursday, January 22nd. Raymond James Financial dropped their price objective on Manhattan Associates from $250.00 to $240.00 and set an “outperform” rating for the company in a research note on Wednesday, October 22nd. UBS Group set a $240.00 price target on Manhattan Associates in a report on Wednesday, October 22nd. Finally, Truist Financial set a $240.00 price objective on shares of Manhattan Associates in a report on Thursday, January 15th. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $218.75.

Manhattan Associates Stock Performance

Shares of MANH stock traded down $7.90 during mid-day trading on Wednesday, reaching $161.83. 792,417 shares of the company’s stock traded hands, compared to its average volume of 687,656. The firm has a market capitalization of $9.75 billion, a PE ratio of 46.00 and a beta of 1.02. Manhattan Associates has a 12 month low of $140.81 and a 12 month high of $247.22. The firm has a 50 day moving average price of $173.85 and a two-hundred day moving average price of $193.44.

Manhattan Associates (NASDAQ:MANH) last released its earnings results on Tuesday, January 27th. The software maker reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.10. The company had revenue of $270.39 million for the quarter, compared to the consensus estimate of $264.69 million. Manhattan Associates had a return on equity of 78.80% and a net margin of 20.25%.Manhattan Associates’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.17 earnings per share. Manhattan Associates has set its FY 2026 guidance at 5.040-5.200 EPS. As a group, equities analysts expect that Manhattan Associates will post 3.3 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Manhattan Associates

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Capital Fund Management S.A. raised its holdings in shares of Manhattan Associates by 45.4% in the second quarter. Capital Fund Management S.A. now owns 127,059 shares of the software maker’s stock valued at $25,090,000 after acquiring an additional 39,699 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al increased its holdings in shares of Manhattan Associates by 4.7% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 143,600 shares of the software maker’s stock valued at $29,435,000 after acquiring an additional 6,500 shares during the period. Abacus FCF Advisors LLC boosted its position in Manhattan Associates by 33.0% during the third quarter. Abacus FCF Advisors LLC now owns 44,475 shares of the software maker’s stock valued at $9,116,000 after purchasing an additional 11,043 shares in the last quarter. Cerity Partners LLC lifted its position in shares of Manhattan Associates by 11.8% during the third quarter. Cerity Partners LLC now owns 99,820 shares of the software maker’s stock valued at $20,461,000 after buying an additional 10,526 shares during the last quarter. Finally, Caxton Associates LLP bought a new position in shares of Manhattan Associates during the 2nd quarter worth approximately $3,339,000. 98.45% of the stock is currently owned by hedge funds and other institutional investors.

More Manhattan Associates News

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.

About Manhattan Associates

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.