Fintel reports that on January 15, 2026, Citigroup upgraded their outlook for Manhattan Associates (NasdaqGS:MANH) from Neutral to Buy.
Analyst Price Forecast Suggests 28.79% Upside
As of January 14, 2026, the average one-year price target for Manhattan Associates is $223.43/share. The forecasts range from a low of $166.65 to a high of $262.50. The average price target represents an increase of 28.79% from its latest reported closing price of $173.48 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Manhattan Associates is 972MM, a decrease of 8.84%. The projected annual non-GAAP EPS is 3.72.
What is the Fund Sentiment?
There are 1,138 funds or institutions reporting positions in Manhattan Associates. This is an decrease of 61 owner(s) or 5.09% in the last quarter. Average portfolio weight of all funds dedicated to MANH is 0.22%, an increase of 3.44%. Total shares owned by institutions decreased in the last three months by 2.42% to 73,730K shares. 
The put/call ratio of MANH is 0.21, indicating a bullish outlook.
What are Other Shareholders Doing?
Alliancebernstein holds 2,802K shares representing 4.65% ownership of the company. In its prior filing, the firm reported owning 2,284K shares , representing an increase of 18.50%. The firm increased its portfolio allocation in MANH by 22.97% over the last quarter.
Aqr Capital Management holds 2,077K shares representing 3.45% ownership of the company. In its prior filing, the firm reported owning 1,928K shares , representing an increase of 7.18%. The firm decreased its portfolio allocation in MANH by 76.31% over the last quarter.
IJH – iShares Core S&P Mid-Cap ETF holds 1,978K shares representing 3.28% ownership of the company. In its prior filing, the firm reported owning 1,993K shares , representing a decrease of 0.77%. The firm increased its portfolio allocation in MANH by 6.76% over the last quarter.
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 1,949K shares representing 3.23% ownership of the company. In its prior filing, the firm reported owning 1,933K shares , representing an increase of 0.81%. The firm increased its portfolio allocation in MANH by 2.65% over the last quarter.
T. Rowe Price Investment Management holds 1,909K shares representing 3.17% ownership of the company. In its prior filing, the firm reported owning 1,248K shares , representing an increase of 34.62%. The firm increased its portfolio allocation in MANH by 53.70% over the last quarter.
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