
Manhattan Associates (MANH) Stock Forecast & Price Target
Manhattan Associates (MANH) Analyst Ratings
Bulls say
Manhattan Associates reported an 11% year-over-year increase in total revenue, excluding license and maintenance revenue, indicating strong underlying growth despite challenges from its cloud transition. The significant increase in deferred revenue, which rose 17% year-over-year to $279 million, highlights robust demand for the company's software solutions among retailers, wholesalers, and logistics providers. With a total remaining performance obligation (RPO) of $1.78 billion, marking a 25% year-over-year increase, Manhattan Associates demonstrates a solid financial foundation that supports expectations for ongoing profitability and growth in the upcoming years.
Bears say
Manhattan Associates is facing significant challenges, as evidenced by the downward revision of its Services guidance and the flat professional services growth of only 0.3% year-over-year, which fell short of expectations. Additionally, a 10% reduction in planned service work by customers for fiscal year 2025 indicates further budgetary constraints and a weakening demand outlook. Macro uncertainty, coupled with shrinking retail trade metrics and competitive pressures, poses substantial risks to the company's future growth and revenue stability.
This aggregate rating is based on analysts' research of Manhattan Associates and is not a guaranteed prediction by Public.com or investment advice.
Manhattan Associates (MANH) Analyst Forecast & Price Prediction
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