Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
MANH logo MANH
Upturn stock ratingUpturn stock rating
MANH logo

Manhattan Associates Inc (MANH)

Upturn stock ratingUpturn stock rating
$211.46
Last Close (24-hour delay)
Profit since last BUY13.16%
upturn advisory
Consider higher Upturn Star rating
BUY since 89 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

09/15/2025: MANH (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

10 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $227.89

1 Year Target Price $227.89

Analysts Price Target For last 52 week
$227.89 Target price
52w Low $140.81
Current$211.46
52w High $312.6

Analysis of Past Performance

Type Stock
Historic Profit 9.83%
Avg. Invested days 47
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/15/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 13.07B USD
Price to earnings Ratio 60.2
1Y Target Price 227.89
Price to earnings Ratio 60.2
1Y Target Price 227.89
Volume (30-day avg) 10
Beta 1.13
52 Weeks Range 140.81 - 312.60
Updated Date 09/14/2025
52 Weeks Range 140.81 - 312.60
Updated Date 09/14/2025
Dividends yield (FY) -
Basic EPS (TTM) 3.59

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 20.91%
Operating Margin (TTM) 15.83%

Management Effectiveness

Return on Assets (TTM) 24.44%
Return on Equity (TTM) 85.16%

Valuation

Trailing PE 60.2
Forward PE 41.67
Enterprise Value 12885255163
Price to Sales(TTM) 12.35
Enterprise Value 12885255163
Price to Sales(TTM) 12.35
Enterprise Value to Revenue 12.18
Enterprise Value to EBITDA 45.67
Shares Outstanding 60468600
Shares Floating 59864513
Shares Outstanding 60468600
Shares Floating 59864513
Percent Insiders 1.31
Percent Institutions 104.43

ai summary icon Upturn AI SWOT

Manhattan Associates Inc

stock logo

Company Overview

overview logo History and Background

Manhattan Associates Inc. was founded in 1990. It initially focused on warehouse management solutions and has expanded into a broader supply chain commerce solutions provider. Key milestones include its IPO and acquisitions to enhance its product offerings.

business area logo Core Business Areas

  • Supply Chain Execution: This segment focuses on warehouse management, transportation management, and distribution management systems. It helps businesses optimize their supply chain operations from end to end.
  • Omnichannel Commerce: This segment provides solutions for order management, store inventory, and point-of-sale, enabling retailers to provide a unified shopping experience across channels.
  • Consulting and Services: This segment helps support its other business areas by offering consulting, implementation, and support services to clients.

leadership logo Leadership and Structure

Eddie Capel is the current CEO. The company has a functional organizational structure, with departments focused on product development, sales, marketing, and customer support.

Top Products and Market Share

overview logo Key Offerings

  • Warehouse Management System (WMS): Manhattan Associates' WMS is a leading product in the warehouse management space. It provides comprehensive functionality for managing warehouse operations, including inventory management, order fulfillment, and labor management. While exact market share fluctuates, they are considered a leader, competing with Blue Yonder (formerly JDA) and Oracle. Revenue from services supporting WMS products forms a major portion of revenue.
  • Order Management System (OMS): Their OMS helps retailers manage orders across multiple channels, providing visibility and control over the entire order lifecycle. Competitors include IBM Sterling Order Management and Salesforce Commerce Cloud. Revenue from this service forms a growing component of total revenue.
  • Transportation Management System (TMS): Their TMS helps manage transportation and shipping efficiently. Competitors include Oracle and SAP.

Market Dynamics

industry overview logo Industry Overview

The supply chain software market is growing due to increasing complexity of global supply chains, e-commerce growth, and the need for greater efficiency and visibility. Companies are investing in digital transformation and cloud-based solutions to improve their supply chain operations.

Positioning

Manhattan Associates Inc. is positioned as a leader in supply chain commerce solutions, known for its comprehensive and integrated platform. Its competitive advantages include its deep industry expertise, robust product functionality, and strong customer relationships.

Total Addressable Market (TAM)

The TAM for supply chain management software is estimated to be in the tens of billions of dollars. Manhattan Associates is well-positioned to capture a significant portion of this market with its comprehensive product offerings and strong market presence.

Upturn SWOT Analysis

Strengths

  • Strong brand reputation
  • Comprehensive product portfolio
  • Deep industry expertise
  • High customer retention
  • Cloud-based solutions

Weaknesses

  • High implementation costs
  • Complex software requiring significant training
  • Reliance on large enterprise customers

Opportunities

  • Expanding into new geographic markets
  • Developing new cloud-based solutions
  • Acquiring complementary technologies
  • Growing demand for e-commerce supply chain solutions

Threats

  • Increasing competition from other supply chain software vendors
  • Economic downturn impacting customer spending
  • Rapid technological changes requiring constant innovation
  • Cybersecurity threats to supply chain data

Competitors and Market Share

competitor logo Key Competitors

  • ORCL
  • SAP
  • JBLU

Competitive Landscape

Manhattan Associates Inc. competes with other supply chain software vendors, including large enterprise software companies like Oracle and SAP, as well as smaller, more specialized vendors. Manhattan Associates' strengths include its deep industry expertise and comprehensive product portfolio, while its weaknesses include its high implementation costs and complex software.

Major Acquisitions

Precog Systems

  • Year: 2020
  • Acquisition Price (USD millions): 50
  • Strategic Rationale: To enhance its machine learning and artificial intelligence capabilities.

Saratoga Group

  • Year: 2005
  • Acquisition Price (USD millions): 120
  • Strategic Rationale: Enhanced customer base and expanded geographic presence.

Growth Trajectory and Initiatives

Historical Growth: Manhattan Associates Inc. has demonstrated consistent revenue growth over the past several years, driven by increased demand for its supply chain commerce solutions.

Future Projections: Analysts project continued revenue growth for Manhattan Associates Inc. in the coming years, driven by its cloud-based solutions and expansion into new markets.

Recent Initiatives: Recent strategic initiatives include expanding its cloud-based platform, investing in new technologies, and acquiring complementary businesses.

Summary

Manhattan Associates is a strong player in the supply chain management software market with consistent revenue growth and a healthy financial position. It benefits from a comprehensive product portfolio and strong brand reputation. However, the company must address high implementation costs and competition while capitalizing on opportunities in cloud solutions and new markets.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Analyst Reports
  • Market Research Reports
  • Company Website

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Market data is subject to change. Actual results may vary.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Manhattan Associates Inc

Exchange NASDAQ
Headquaters Atlanta, GA, United States
IPO Launch date 1998-04-22
President, CEO & Director Mr. Eric A. Clark
Sector Technology
Industry Software - Application
Full time employees 4690
Full time employees 4690

Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers warehouse management solution for managing goods and information across the distribution centers; Manhattan Active Warehouse Management, a cloud native and version less application for the associate; and transportation management solution for helping shippers navigate their way through the demands and meet customer service expectations at the lowest possible freight costs; Manhattan SCALE, a portfolio of logistics execution solution; and Manhattan Active Omni, which offers order management, store inventory and fulfillment, call center, POS, and customer engagement tools for enterprises and stores. The company also provides inventory optimization and allocation solutions; technology platform including Manhattan Active Platform solutions, a cloud-native product designed to provide version-less product access; maintenance services, which offers on-premises software licensees with software upgrades for additional or improved functionality and technological advances; and professional services, such as solutions planning and implementation, and related consulting services. In addition, it provides training and change management services; and resells computer hardware, radio frequency terminal networks, radio frequency identification chip readers, bar code printers and scanners, and other peripherals. The company offers products through direct sales personnel and partnership agreements with various organizations. It serves retail, consumer goods, food and grocery, logistics service providers, industrial and wholesale, high technology and electronics, life sciences, and government industries. The company operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Manhattan Associates, Inc. was founded in 1990 and is headquartered in Atlanta, Georgia.