Manhattan Associates (MANH, Financial) has reported a strong start to 2025, exceeding market expectations in its first quarter financial results. The company's revenue reached $262.8 million, surpassing the consensus estimate of $256.6 million.
Under the leadership of President and CEO Eric Clark, Manhattan Associates has demonstrated impressive performance in both its top and bottom lines. The company attributes its success to its robust platform and innovative cloud-based solutions, which have been recognized as industry-leading in the supply chain commerce sector.
The company's unified cloud portfolio is highly regarded for its comprehensive functionality, positioning Manhattan Associates favorably in an expanding market. With a broad range of industries showing interest, the company appears well-positioned for sustained growth and success.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Manhattan Associates Inc (MANH, Financial) is $211.37 with a high estimate of $270.00 and a low estimate of $170.00. The average target implies an upside of 30.28% from the current price of $162.25. More detailed estimate data can be found on the Manhattan Associates Inc (MANH) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Manhattan Associates Inc's (MANH, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Manhattan Associates Inc (MANH, Financial) in one year is $249.47, suggesting a upside of 53.76% from the current price of $162.25. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Manhattan Associates Inc (MANH) Summary page.
