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Manhattan Associates, Inc. (MANH) Stock Analysis

Recovery setup

SellDEATH CROSS (EXEMPT)Moderate Confidence

Technology · Software - Application

Sell if holding. At $140.60, A.R:R 1.1:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Product: supply chain cloud solutions; Weak growth.

Manhattan Associates develops cloud-based supply chain execution, omnichannel commerce, and supply chain planning software delivered as SaaS to retailers, wholesalers, manufacturers, and logistics providers. Revenue comes from subscription cloud fees and professional services... Read more

$140.60+16.7% A.UpsideScore 5.2/10#75 of 96 Software - Application
Stop $130.60Target $163.88(analyst − 13%)A.R:R 1.1:1
Analyst target$188.36+34.0%11 analysts
$163.88our TP
$140.60price
$188.36mean
$240

Sell if holding. At $140.60, A.R:R 1.1:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Product: supply chain cloud solutions; Weak growth. Chart setup: Death cross but MACD improving, RSI 72. Score 5.2/10, moderate confidence.

Passes 7/9 gates (positive momentum, clean insider activity, positive momentum, no SEC red flags, news events none recent, earnings proximity 82d clear, semi cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

Thesis

Rewards
Strong earnings beat streak (4/4)
High-quality business
Risks
Concentration risk — Product: supply chain cloud solutions
Weak growth
Below 200-MA, MA slope -4.9%/30d (confirmed downtrend)

Key Metrics

P/E (TTM)40.3
P/E (Fwd)24.2
Mkt Cap$8.5B
EV/EBITDA28.9
Profit Mgn19.7%
ROE96.2%
Rev Growth7.4%
Beta1.05
DividendNone
Rating analysts19

Quality Signals

Piotroski F7/9

Options Flow

P/C0.40bullish
IV64%elevated
Max Pain$85-39.5% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHProductsupply chain cloud solutions
    10-K Item 1A: 'Our operating results are substantially dependent on one line of business. We continue to derive our revenues from sales of our supply chain cloud solutions and related professional services.'

Material Events(8-K, last 90d)

  • 2026-02-26Item 5.02MEDIUM
    CFO Dennis B. Story retiring effective March 31, 2026 after serving since 2006. Linda C. Pinne elected as successor CFO effective same date; 20+ year finance leader at the company. Clean handoff; Story remains as advisor through Dec 31, 2026.
    SEC filing →
  • 2026-04-02Item 5.02LOW
    Compensation Committee approved new CFO Linda Pinne's compensation: $385,000 base salary, 65% target bonus, and promotional grant of 10,647 RSUs (50% service-based, 50% performance-based). No officer departures.
    SEC filing →

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

Rating Breakdown

3 floor-breakers

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
1.7
Value Rank
2.5
Quality Rank
8.5
Superior ROE vs peers

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

52w Position
1.4
Bollinger
2.6
Support Resistance
2.9
Gap
6.0
GatesA.R:R 1.1 < 1.5@spotDeath cross exempted (quality + momentum high enough)Momentum 5.8>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 82d clearSEMI CYCLE PEAK CLEARRecoverySuitability: Moderate
RSI
72 · Overbought
20D MA 50D MA 200D MADEATH CROSSSupport $119.06Resistance $149.01

Price Targets

$131
$164
A.Upside+16.6%
A.R:R1.1:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeCautious

Risk Alerts

! Reward/Risk 1.1:1 at current price — below 1.5:1 minimum

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-21 (82d)

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 $140.60, A.R:R 1.1:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Product: supply chain cloud solutions; Weak growth. Chart setup: Death cross but MACD improving, RSI 72. Prior stop was $130.60. Score 5.2/10, moderate confidence.

What is the MANH stock price target?

Take-profit target: $163.88 (+16.7% upside). Prior stop was $130.60. Stop-loss: $130.60.

What are the risks of investing in MANH?

Concentration risk — Product: supply chain cloud solutions; Weak growth; Below 200-MA, MA slope -4.9%/30d (confirmed downtrend).

Is MANH overvalued or undervalued?

Manhattan Associates, Inc. trades at a P/E of 40.3 (forward 24.2). TrendMatrix value score: 4.6/10. Verdict: Sell.

What do analysts say about MANH?

19 analysts cover MANH with a consensus score of 4.2/5. Average price target: $188.

What does Manhattan Associates, Inc. do?Manhattan Associates develops cloud-based supply chain execution, omnichannel commerce, and supply chain planning...

Manhattan Associates develops cloud-based supply chain execution, omnichannel commerce, and supply chain planning software delivered as SaaS to retailers, wholesalers, manufacturers, and logistics providers. Revenue comes from subscription cloud fees and professional services for implementation and support. Its versionless architecture ensures all customers run on a single codebase with quarterly innovation updates.

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