Manhattan Associates Guides FY26 Revenue to $1.16B, Up 7-8%, Above Views
MANH sits 51% above its 52-week low of $119.06.
Summary
Manhattan Associates issued full-year 2026 revenue guidance of $1.16B-$1.166B, representing 7-8% growth and exceeding consensus expectations. This follows the earlier release of adjusted EPS guidance of $5.44-$5.50, which also topped estimates. The company also provided GAAP EPS guidance of $3.59-$3.65, up only 0-1%, reflecting ongoing investments. Management acknowledged global macro volatility but expressed confidence in business momentum, supported by record Q2 results with 26% cloud revenue growth. The revenue outlook reinforces the strong demand narrative, though the wide GAAP EPS range signals cost pressures. The next catalyst is the Q3 earnings report, where execution against these targets will be scrutinized.
At the time of this announcement, MANH was trading at $180.07 on NASDAQ in the Technology sector, with a market capitalization of approximately $9.9B. The 52-week trading range was $119.06 to $229.58. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.