Manhattan Associates launches tiered Editions for software

Manhattan Associates' shares fell after D.A. Davidson downgraded the company from Buy to Neutral, setting a price target of $210. The stock has declined 2.48% in the last five days and 3.99% year-to-date, despite a 15.97% increase since the start of the year.

Shares of Manhattan Associates, Agilysys, Guidewire Software, Pegasystems, and Teradata rose in afternoon trading after strong quarterly earnings and optimistic corporate commentary about AI-driven growth in enterprise software. Salesforce, CrowdStrike, and Okta reported significant AI-related revenue increases, easing investor concerns about AI disruption. Pegasystems' stock is down 36.2% year-to-date but saw a 6.2% increase on the day.

Manhattan Associates (NASDAQ: MANH) shares rose 22.6% after the company reported Q2 2026 adjusted earnings of $1.39 per share on $297.8 million revenue, beating analyst estimates. The firm raised full-year revenue guidance to a $1.16 billion midpoint and lifted adjusted EPS guidance to $5.47 at the midpoint.

Manhattan Associates (MAnhattan Associates) shares rose 26.7% to $213.07 after the company reported record Q2 results. Revenue was $297.8M, up 9.3% year over year and above consensus of about $293.7M. Cloud subscription revenue grew 26% to $126.7M. Non-GAAP EPS was $1.39 vs $1.34 expected. Remaining performance obligations rose 23% to $2.5B.

Manhattan Associates (MANH) reported second-quarter results that beat guidance. The company said revenue rose 9% year over year to $298 million, above guidance of $287 million. Non-GAAP operating margin was 34.9%, versus 34.7% guided.

Manhattan Associates (NASDAQ:MANH) reported Q2 CY2026 revenue of $297.8 million, up 9.3% year on year, topping market expectations by 3.5%. Full-year revenue guidance was $1.16 billion at the midpoint, 0.8% above estimates. Non-GAAP EPS was $1.39, 5.3% above consensus. The stock rose about 10.5% to $186.05.