{"id":152125,"date":"2026-03-04T07:58:08","date_gmt":"2026-03-04T07:58:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/152125\/"},"modified":"2026-03-04T07:58:08","modified_gmt":"2026-03-04T07:58:08","slug":"a-look-at-manhattan-associates-manh-valuation-after-recent-share-price-momentum","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/152125\/","title":{"rendered":"A Look At Manhattan Associates (MANH) Valuation After Recent Share Price Momentum"},"content":{"rendered":"\n

Get insights on thousands of stocks<\/a> from the global community of over 7 million individual investors at Simply Wall St.<\/p>\n

Manhattan Associates (MANH) has drawn attention after recent trading, with the stock last closing at US$148.26. Investors are weighing this price against the company\u2019s earnings profile and longer term return record.<\/p>\n

See our latest analysis for Manhattan Associates.<\/a><\/p>\n

The recent 5.92% 1 day share price return and 11.18% 7 day share price return contrast with a weaker 90 day share price return of 16.99% and a 1 year total shareholder return of 13.51%. This suggests near term momentum after a softer stretch.<\/p>\n

If Manhattan Associates\u2019 move has you looking across software and automation, it could be a good time to scan 31 robotics and automation stocks<\/a> as another area of potential opportunity.<\/p>\n

With Manhattan Associates now at US$148.26, trading on a 37% estimated discount to one intrinsic value model and a 43% discount to some analyst targets, the key question is whether this signals genuine mispricing or whether markets are already factoring in future growth.<\/p>\n

Manhattan Associates\u2019 most followed narrative sets a fair value of $160, slightly above the last close at $148.26, framing the stock as modestly undervalued on that view.<\/p>\n

Manhattan Associates Future Earnings and Revenue Growth Assumptions
How have these above catalysts been quantified?<\/p>\n

\u2022 This narrative explores a more pessimistic perspective on Manhattan Associates compared to the consensus, based on a Fair Value that aligns with the bearish cohort of analysts.<\/p>\n

\u2022 The bearish analysts are assuming Manhattan Associates’s revenue will grow by 5.8% annually over the next 3 years.<\/p>\n

\u2022 The bearish analysts assume that profit margins will shrink from 20.7% today to 20.2% in 3 years time.<\/p>\n

\u2022 The bearish analysts expect earnings to reach $251.1 million (and earnings per share of $4.01) by about April 2028, up from $217.1 million today. The analysts are largely in agreement about this estimate.<\/p>\n

\u2022 In order for the above numbers to justify the price target of the more bearish analyst cohort, the company would need to trade at a PE ratio of 50.7x on those 2028 earnings, up from 48.1x today. This future PE is greater than the current PE for the US Software industry at 29.6x.<\/p>\n

\u2022 Analysts expect the number of shares outstanding to decline by 1.39% per year for the next 3 years.<\/p>\n

\u2022 To value all of this in today’s terms, we will use a discount rate of 7.61%, as per the Simply Wall St company report.<\/p>\n

Read the complete narrative.<\/a><\/p>\n

Want to see what sits behind that fair value label and projected earnings path? The heart of this narrative is a tight link between mid single digit revenue growth, only slightly softer margins, and a premium earnings multiple that leans on Manhattan Associates\u2019 role in supply chain software and cloud adoption. Curious which specific revenue mix and margin assumptions are doing the heavy lifting in that model, and how they tie back to analyst price targets and discount rates? The full narrative lays out those moving parts in black and white.<\/p>\n

Result: Fair Value of $160 (UNDERVALUED)<\/p>\n

Have a read of the narrative in full and understand what’s behind the forecasts.<\/a><\/p>\n

However, if macro pressures slow cloud conversions or warehouse automation demand softens, the earnings, margin and P\/E assumptions behind this fair value could quickly look stretched.<\/p>\n

Find out about the key risks to this Manhattan Associates narrative.<\/a><\/p>\n

So far the story has leaned on fair value and analyst targets, but the current P\/E of 40.3x is hard to ignore. That is well above the estimated fair ratio of 27x, the US Software industry at 26.4x, and peers at 33.6x. This points to potential valuation risk if expectations slip.<\/p>\n

See what the numbers say about this price \u2014 find out in our valuation breakdown.<\/a><\/p>\n

\"NasdaqGS:MANH<\/a> NasdaqGS:MANH P\/E Ratio as at Mar 2026 <\/p>\n

All of this paints a mixed picture, so it is worth moving quickly to review the underlying numbers yourself and see what stands out. To round that out, take a closer look at the 4 key rewards<\/a> that our models have identified and decide how they fit with your own view.<\/p>\n

If Manhattan Associates has sharpened your focus, do not stop here. Use the Simply Wall St screener to uncover other opportunities that might fit your approach.<\/p>\n

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.<\/p>\n

Companies discussed in this article include MANH<\/a>.<\/p>\n

Have feedback on this article? Concerned about the content? Get in touch<\/a> with us directly. Alternatively, email editorial-team@simplywallst.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply…\n","protected":false},"author":2,"featured_media":100788,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[63463,7479,53993,33210,75,84,83,9,24,63,7480],"class_list":["post-152125","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-analyst-targets","tag-fair-value","tag-individual-investors","tag-intrinsic-value","tag-manhattan","tag-manhattan-headlines","tag-manhattan-news","tag-new-york","tag-new-york-city","tag-nyc","tag-total-shareholder-return"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/152125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=152125"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/152125\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/100788"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=152125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=152125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=152125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}