$MANH

After-hours movers: Robinhood (HOOD) fell 5% with lower 2026 expense forecast. Seagate (STX) sank 6% despite earnings beat. NXP (NXPI) dropped 9% on in-line revenue outlook. F5 (FFIV) slid 1% with margins slightly below estimates. Visa (V) dipped 2% on lower margin. CoStar (CSGP) fell 11% despite earnings beat and acquisition. Manhattan Associates (MAN) rose 10% on raised guidance. PPG (PPG) jumped 7% on earnings beat and raised outlook. Enphase (ENPH) dropped 14% on lower revenue projections.

Manhattan Associates reported Q3 EPS of $1.55, beating estimates by $0.09, with revenue at $306.2M, exceeding expectations. The stock is up 22.27% over 3 months and 25.83% over 12 months, with a 'great performance' financial health score according to InvestingPro.

Manhattan Associates (NASDAQ: MANH) announced Juan Perez, former Salesforce CIO, will join its board on January 28, 2027. Perez brings extensive tech and leadership experience from Salesforce and UPS. The company provides supply chain and omnichannel commerce solutions.

MANHATTAN ASSOCIATES INC (MANH) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. Exhibit 99.1 Contact: Michael Bauer Devika Goel VP, Investor Relations Director, Corporate Communications & PR Manhattan Associates, Inc. Manhattan Associates, Inc. 678-597-7538 678-597-6754 mbauer@manh.com dgoel@manh.com Manhattan Associates Reports Third Quarter Results Cloud R

Alarm.com (ALRM) beat estimates and raised guidance, with shares up 11% to $62.50. Bentley Systems (BSY) reported in-line revenue of $410.7M, up 12.8%, and shares rose 10.2% to $39.71. Guidewire Software (GWRE) surpassed expectations with $411.1M revenue, up 15.3%, but shares fell 6.5% to $189.58. Market risks have shifted from AI to geopolitics.

Manhattan Associates (MANH) stock rose 59.7% since July 24, 2026, driven by share buybacks. Earnings per share grew 14.6% annually, outpacing net income growth. Buybacks softened a 4.9% net income decline. The company's operating margin was 25.1%, with $415 million in cash from operations. Cloud revenue increased 26% in fiscal Q2 2026. Free cash flow covered 0.92 times buyback spending.

Wall Street ended lower due to oil surge and AI spending concerns. Manhattan Associates (MANH) hit a 52-week high, with mixed analyst ratings. Etsy (ETSY) and Biogen (BIIB) were upgraded, while Werner (WERN) and Zoetis (ZTS) were downgraded. Mobileye (MBLY) and AST SpaceMobile (ASTS) saw split analyst verdicts. Market rotation favored earnings-driven stocks.

Citigroup maintained a 'Buy' rating for Manhattan Associates (MANH) and raised its price target to $260 from $203. The company's stock is currently trading at $231.57, with a GF Value™ of $245.26, indicating it is undervalued by 5.6%. MANH has a GF Score™ of 94/100, reflecting strong performance in profitability and growth.

Truist Securities reiterated a Buy rating on Manhattan Associates (NASDAQ:MANH) with a $240 price target, citing strong near-term demand and cloud subscription revenue growth. The stock is currently at $222.59, with InvestingPro suggesting overvaluation. Truist raised its 2027 cloud subscription revenue forecast and lowered professional services revenue estimate.

The Nasdaq fell over 1% as AI-related stocks declined. RBC Capital Markets shifted sector allocations, upgrading health care and downgrading technology. Semtech (SMTC) saw mixed analyst actions, Klaviyo (KVYO) was downgraded, and Manhattan Associates (MANH) received split views. The S&P 500 is down 1.13% today and 2.02% this week, trading at 7,656.89.