RankAlpha logo
Back to Rankings

MANH

Manhattan AssociatesC
Nasdaq / Software & Services
Last Price
Quote time unavailable
View Chart
Current thesis
The Q2 print supports a constructive thesis: record bookings, 26% cloud growth, 23% RPO growth, stronger cash generation, and a raised FY26 outlook indicate demand and execution momentum. The product roadmap adds longer-term AI and planning-platform optionality.
Posture
Mixed
Lead driver
Sentiment
What changed
3 setup hits (3d) with net bullish as of 2026-09-10.
What can break
Cash declined alongside large share repurchases, reducing balance-sheet flexibility. [#SEC-8K-2026-07-28]
Momentum
90
Value
53
Sentiment
59
Setup hits (3d)
3 · Net Bullish
AI TargetsBase $205.20 · Bull $225.00 · Bear $165.00Analysis 2026-07-31; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-10 • Model: HYBRID_IC_RP
AI Memo
As of 2026-07-31 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-09-10

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-10. Definitions

Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Bullish
Target $217.70
Why
Momentum90 · Δ7d -4.4
Value53 · Δ7d -0.0
Sentiment59 · Δ7d +8.4
So what
Balanced signals (Net Bullish). Wait for confirmation before sizing up.

Confirming evidence

  • • 3 setup hits (3d) with net bullish as of 2026-09-10.
  • • Sentiment remains the lead driver in the composite, 7D delta +8.4.

Contradictions & invalidation

  • • Cash declined alongside large share repurchases, reducing balance-sheet flexibility. [#SEC-8K-2026-07-28]
  • • Competition from ERP, supply-chain, planning, and POS vendors could pressure pricing, margins, and market share. [#10-K-2026-02-04]
  • • GAAP diluted EPS and GAAP operating income declined year over year, cash fell to $186.1 million after substantial buybacks, and management continues to flag macro volatility.

Catalyst clock

2026-07-28

Q2 results and raised FY26 outlook

Lead driver: Sentiment · See AI snapshot
Momentum
90
9% active weight
Current posture
7d trendSoftening
Δ7d
-4.4
Δ21d
-1.8
Value
53
28% active weight
Current posture
7d trendFlat
Δ7d
-0.0
Δ21d
-0.1
Sentiment
59
62% active weight
Current posture
7d trendImproving
Δ7d
+8.4
Δ21d
-0.9
Why this grade

Composite grade C. Momentum 90.3 / Value 52.5 / Sentiment 59.2

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-07-31. Scenario method

B+
Bull case
25%
Probability
Target price
$225.00
Analysis reference price unavailable
Analysis 2026-07-31 · RankAlpha Sentiment Codex
Most likely
B
Base case
50%
Probability
Target price
$205.20
Analysis reference price unavailable
Analysis 2026-07-31 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$165.00
Analysis reference price unavailable
Analysis 2026-07-31 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$11.46B
Beta
1.04
Shares Out
58.31M
P/E (TTM)
47.3
P/S (TTM)
9.41
P/FCF (TTM)
30.13
Rev YoY
+9.3%
EPS YoY
-8.2%
Gross Margin
+55.2%
Op Margin
+25.1%
Net Debt
-$267.68M
Current Ratio
0.95
As of 2026-09-10 • Updated nightlySource: Internal modelMethods & Data