Fool - Investing News·Oct 27, 2026
Manhattan: 3 Key Takeaways for Long-Term InvestorsAI pilots are converting at 100% while new platform tiers expand the addressable market, signaling durable subscription growth ahead.
Manhattan Associates' revenue growth reaccelerated from a 2.7% trough in 2025Q2 to 11.0% in 2026Q3, suggesting the cloud subscription transition is beginning to compound after years of suppressing headline growth, while operating margins rebounded to 26.5% with overhead absorbed efficiently at the margin.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth accelerated to 11.0% year-over-year in 2026Q3 with operating margin recovering to 26.5% from 22.2% in the prior quarter, though gross margin volatility (53.2%-56.9%) suggests mix instability and EPS growth of only 8.3% trails the top line as stock compensation of $34.2M equals 56% of the $61.3M net income.
The bull-case valuation for Manhattan Associates hinges on its ability to monetize the AI Agent Foundry and capitalize on the AI agents market boom.
Analysts have proposed a wide range of intrinsic values, from $131.26 to over $250 per share, reflecting divergent views on execution risk and growth potential.
AI-driven analyses and institutional trading interest have highlighted the company's shares and technical momentum signals, creating a complex backdrop for investors.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 27, 2026 | $1.55+6.2% vs $1.46 | $306M+3.1% vs $297M |
Q3 2026 Jul 28, 2026 | $1.39+5.3% vs $1.32 | $298M+3.0% vs $289M |
Q2 2026 Apr 21, 2026 | $1.24+12.7% vs $1.10 | $282M+3.1% vs $274M |
Q1 2026 Jan 27, 2026 | $1.21+9.0% vs $1.11 | $270M+2.1% vs $265M |
AI pilots are converting at 100% while new platform tiers expand the addressable market, signaling durable subscription growth ahead.
Manhattan Associates, Inc. (MANH) Q3 2026 Earnings Call Transcript
The headline numbers for Manhattan Associates (MANH) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Manhattan Associates (MANH) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.36 per share a year ago.
Benchmark MANH against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Manhattan Associates, Inc. (MANH)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $252.78 | $14.96B | 70.22 | 3.75% | 20.34% | 71.66% | — | |
| $124.31 | $9.53B | 22.85 | 5.03% | 14% | 30.01% | 0.58% | |
| $22.67 | $2.48B | 453.40 | 10.01% | 5.4% | 3.32% | — | |
| $303.73 | $49.34B | 55.83 | 16.34% | 29.34% | 14% | — | |
| $161.41 | $13.44B | 199.27 | 22.64% | 9.44% | 10.03% | — | |
| $173.15 | $9.27B | 35.19 | 11.04% | 15.23% | 23.44% | — |
Manhattan Associates, Inc. (MANH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Manhattan Associates, Inc. (MANH) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 27, 2026·SEC
Jul 28, 2026·SEC
Jun 1, 2026·SEC
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Manhattan Associates, Inc. (MANH) stock FAQ — growth, dividends, profitability & financials explained
Manhattan Associates, Inc. (MANH) reported $1.16B in revenue over the trailing twelve months. Revenue was $1.08B in fiscal year 2025. That is 3227% more than the $32.5M of fiscal year 1997.
Manhattan Associates, Inc. (MANH) grew revenue by 3.7% in fiscal year 2025, compared with the prior fiscal year.
Yes. Manhattan Associates, Inc. (MANH) earned $212.9M in net income over the trailing twelve months (a 18.4% net margin).
Manhattan Associates, Inc. (MANH) had a return on equity (ROE) of 71.7% in fiscal year 2025. That is well above the market's typical 10-15%.
Manhattan Associates, Inc. (MANH) generated $379.6M in free cash flow over the trailing twelve months.
