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MANHManhattan Associates, Inc.Sell4.9·$142.92+1.87%
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Manhattan Associates, Inc. (MANH) Stock Analysis

Range Bound setup · Temp Headwind edge

SellModerate Confidence

Technology · Software - Application

Sell if holding. At $142.92, A.R:R 1.2:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Weak overall score: 4.9/10; Weak growth.

Manhattan Associates develops cloud-native supply chain execution (WMS, TMS), omnichannel commerce (order management, POS, store operations), and supply chain planning software sold as multi-year SaaS subscriptions primarily to retailers, wholesalers, manufacturers, and... Read more

$142.92+12.0% A.UpsideScore 4.9/10#92 of 98 Software - Application
QualityF-score7 / 9FCF yield3.49%
Stop $132.92Target $160.08(analyst − 13%)A.R:R 1.2:1
Analyst target$184.00+28.7%11 analysts
$160.08our TP
$142.92price
$184.00mean
$240

Sell if holding. At $142.92, A.R:R 1.2:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Weak overall score: 4.9/10; Weak growth. Chart setup: RSI 54 mid-range, Bollinger mid-band. Score 4.9/10, moderate confidence.

Passes 5/9 gates (clean insider activity, news events none recent, earnings proximity 38d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and death cross (50MA < 200MA). Suitability: moderate.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-13
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Jul 21, 202638d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
High-quality business
Wide economic moat
Risks
Weak overall score: 4.9/10
Weak growth
Negative momentum

Key Metrics

P/E (TTM)40.1
P/E (Fwd)24.0
Mkt Cap$8.5B
EV/EBITDA28.8
Profit Mgn19.7%
ROE96.2%
Rev Growth7.4%
Beta0.96
DividendNone
Rating analysts19

Quality Signals

Piotroski F7/9MoatWideCompounder

Options Flow

P/C1.10bearish
IV66%elevated
Max Pain$195+36.4% vs spot

Material Events(8-K, last 90d)

  • 2026-02-26Item 5.02MEDIUM
    CFO Dennis B. Story to retire effective March 31, 2026 (after 20 years). Linda C. Pinne (current SVP/Controller) named successor CFO effective April 1, 2026. Story to remain as Advisor through December 31, 2026. Clean handoff with named successor.
    SEC filing →
  • 2026-04-02Item 5.02LOW
    Amendment: New CFO Linda Pinne's compensation approved—$385,000 salary, 65% annual bonus target, and 10,647 promotional RSUs (50% service-based, 50% performance-based). Compensatory arrangement for previously announced promotion.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

3 floor-breakers

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Macd
0.0
Obv
1.0
Volume
2.9
Ma Position
3.0
Rsi
4.5
Volume distribution (falling OBV)Below 200-MA, MA slope -6.2%/30d — confirmed downtrend

Growth below the gate floor. Component breakdown shows what dragged the score down.static

Earnings Growth
1.3
Revenue Growth
4.3

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Growth Rank
2.1
Value Rank
2.3
Quality Rank
8.5
Superior ROE vs peers
GatesMomentum 2.3<4.5A.R:R 1.2 < 1.5@spotDeath cross (50MA < 200MA)Executive change: officer departure/appointmentInsider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 38d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Moderate
RSI
54 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $128.84Resistance $162.77

Price Targets

$133
$160
A.Upside+12.0%
A.R:R1.2:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! momentum at 2.3 (below the engine's 4.5 threshold)
! asymmetry at 1.2 (below the engine's 1.5 threshold)@spot
! Death cross — 50-day MA below 200-day MA

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-21 (38d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is MANH stock a buy right now?

Sell if holding. At $142.92, A.R:R 1.2:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Weak overall score: 4.9/10; Weak growth. Chart setup: RSI 54 mid-range, Bollinger mid-band. Prior stop was $132.92. Score 4.9/10, moderate confidence.

What is the MANH stock price target?

Take-profit target: $160.08 (+12.0% upside). Prior stop was $132.92. Stop-loss: $132.92.

What are the risks of investing in MANH?

Weak overall score: 4.9/10; Weak growth; Negative momentum.

Is MANH overvalued or undervalued?

Manhattan Associates, Inc. trades at a P/E of 40.1 (forward 24.0). TrendMatrix value score: 4.3/10. Verdict: Sell.

What do analysts say about MANH?

19 analysts cover MANH with a consensus score of 4.1/5. Average price target: $184.

What does Manhattan Associates, Inc. do?Manhattan Associates develops cloud-native supply chain execution (WMS, TMS), omnichannel commerce (order management,...

Manhattan Associates develops cloud-native supply chain execution (WMS, TMS), omnichannel commerce (order management, POS, store operations), and supply chain planning software sold as multi-year SaaS subscriptions primarily to retailers, wholesalers, manufacturers, and logistics providers. Revenue derives from cloud subscriptions and related professional services; retail is the largest vertical market but no single customer concentration is disclosed.

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