Manhattan Associates stock gains on Zacks upgrade
Published on 09/03/2026 at 12:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSManhattan Associates stock (US5627501092) gained fresh attention after a Zacks upgrade to Buy on September 3, 2026. The same report says the Zacks Consensus Estimate for fiscal 2026 EPS has risen 5.2 percent over three months to USD 5.47.
EPS expectations move higher
That estimate now sits beside the companys most recent reported quarter, where revenue and profit figures remain the key reference point for investors. Zacks also says fiscal 2026 EPS is expected to be USD 5.47, unchanged versus the year-ago reported number.
A first.
What the latest numbers say
The market backdrop is firm as well: MANH-linked quote data in the live search set includes a market value of USD 15.16 billion and a trailing P/E ratio of 58.55, both visible on September 3, 2026. Those are the numbers that matter now because they frame how much growth is already priced in.
For the operating picture, the latest search results tie Manhattan Associates to fiscal 2026 expectations rather than older year-end figures, which keeps the focus on forward earnings. The upgrade matters because a 5.2 percent consensus increase in three months is a concrete shift, not a vague sentiment call.
Supply chain software core
Manhattan Associates builds supply chain and inventory software for retail, distribution and manufacturing customers. That model matters here because recurring software demand is what supports the move from a USD 15.16 billion equity value to higher earnings expectations.
Stock level and valuation
As of September 3, 2026, the stock-related market data in the search set shows a USD 15.16 billion market value and a 58.55 trailing P/E. That combination leaves valuation, not just the upgrade itself, as the central investor question.
Manhattan Associates at a glance
- Company: Manhattan Associates, Inc.
- ISIN: US5627501092
- Ticker: MANH
- Trading venue: NASDAQ
- Market capitalization: USD 15.16 billion
- Sector / Industry: Information Technology / Software
- Index membership: Not stated in the available market data
