Manhattan Associates, Inc. (MANH)
NASDAQ: MANH · IEX Real-Time Price · USD
230.23
+1.45 (0.63%)
May 20, 2024, 1:42 PM EDT - Market open
Manhattan Associates Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for MANH stock have an average target of 243.57, with a low estimate of 220 and a high estimate of 260. The average target predicts an increase of 5.79% from the current stock price of 230.23.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MANH stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Strong Buy Maintains $240 → $260 | Strong Buy | Maintains | $240 → $260 | +12.93% | May 16, 2024 |
| Redburn Atlantic | Redburn Atlantic | Strong Buy Initiates $260 | Strong Buy | Initiates | $260 | +12.93% | May 14, 2024 |
| DA Davidson | DA Davidson | Hold → Strong Buy Upgrades $220 → $240 | Hold → Strong Buy | Upgrades | $220 → $240 | +4.24% | Apr 25, 2024 |
| Citigroup | Citigroup | Hold Maintains $260 → $220 | Hold | Maintains | $260 → $220 | -4.44% | Apr 24, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $225 | Hold | Maintains | $225 | -2.27% | Apr 24, 2024 |
Financial Forecast
Revenue This Year
1.04B
from 928.73M
Increased by 12.30%
Revenue Next Year
1.16B
from 1.04B
Increased by 11.60%
EPS This Year
3.85
from 2.82
Increased by 36.55%
EPS Next Year
4.46
from 3.85
Increased by 15.73%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.1B | 1.2B | 1.3B | 1.5B | 1.7B |
| Avg | 1.0B | 1.2B | 1.3B | 1.5B | 1.7B |
| Low | 996.7M | 1.1B | 1.2B | 1.4B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.1% | 18.1% | 14.7% | 15.7% | 17.2% |
| Avg | 12.3% | 11.6% | 11.3% | 12.4% | 13.9% |
| Low | 7.3% | 4.9% | 6.8% | 8.0% | 9.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.05 | 5.02 | 7.74 | 8.56 | 10.64 |
| Avg | 3.85 | 4.46 | 5.91 | 8.31 | 10.33 |
| Low | 3.66 | 4.07 | 4.84 | 7.99 | 9.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 43.7% | 30.3% | 73.7% | 44.7% | 28.0% |
| Avg | 36.6% | 15.7% | 32.7% | 40.6% | 24.3% |
| Low | 29.6% | 5.6% | 8.6% | 35.1% | 19.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.