Manhattan Associates, Inc. (MANH) Down 4.8% — Should I Book It and Bail?
Key Points
Manhattan Associates, Inc. (MANH) is losing ground, closing the latest session under clear selling pressure. The stock fell 4.77%, retreating from a prior close of $173.31 to finish at $165.05, shedding $8.26 in a single day. Trading activity was relatively muted, with only 229,918 shares changing hands, well below the 90-day average volume of 543,134. That lighter-than-usual participation suggests the stock is sliding without strong support from buyers, reinforcing the sense that price momentum is weakening rather than stabilizing.
From a broader perspective, the shares remain sharply below their 52-week peak of $299.27 set on Jan. 28, 2025, leaving MANH trading roughly $134 below that high-water mark. This deep pullback highlights how significantly the stock has retreated from earlier levels, with recent action indicating that recovery efforts are still under pressure. While high-profile technology names such as NVIDIA (NVDA), Apple (AAPL), Microsoft (MSFT), Broadcom (AVGO), and Oracle (ORCL) have generally shown more resilient price trends over the past year, Manhattan Associates has been sliding in relative terms, giving up more ground and lagging behind some of the stronger names in its space. Overall, the current tape paints a picture of a stock still facing meaningful headwinds, with sellers maintaining the upper hand.
Why Manhattan Associates, Inc. Price is Moving Lower
The recent weakness in Manhattan Associates, Inc. reflects growing investor caution in the absence of fresh catalysts to justify aggressive growth expectations. Shares edged lower in the latest session despite trading near prior levels, suggesting sellers are starting to dominate a relatively thin tape as volume lags its 90-day average. With the next earnings report projected for late January 2026, the market is facing a long stretch without company-specific updates, leaving short-term traders little reason to add risk. That void is particularly important given how heavily the stock’s narrative relies on optimistic long‑term forecasts rather than near-term operational surprises.
At the same time, the modest 3.42% revenue growth stands in stark contrast to lofty price targets pointing to a potential doubling or more of the share price by 2026–2027. This disconnect puts pressure on the stock as investors question whether current fundamentals can realistically support such aggressive projections, especially in a highly competitive software and services landscape dominated by large-cap technology peers like NVIDIA, Apple, Microsoft, Broadcom, and Oracle. Manhattan Associates’ solid 20.24% profit margin and current EPS of $3.51 are positives, but those strengths appear already embedded in the valuation, leaving limited margin for error. In this context, even a routine pullback can attract additional selling as holders lock in gains ahead of a long, catalyst-light period, and prospective buyers demand a more attractive entry point before betting on forecasts that extend several years into the future.
What is the Manhattan Associates, Inc. Rating - Should I Sell?
Weiss Ratings assigns MANH a C rating. Current recommendation is Hold. For investors, that means Manhattan Associates, Inc. sits in the middle of the pack on a risk-adjusted basis, despite some standout fundamentals. The C (Hold) rating signals that, overall, the stock’s risk/reward profile is only average and does not presently justify a Buy stance under our methodology.
On the surface, several metrics are impressive. The Excellent Growth Index, Excellent Efficiency Index, and Excellent Solvency Index are backed by positive revenue growth of 3.42%, a solid 20.24% profit margin and an extremely high 73.58% return on equity. However, those strengths have not translated into commensurate benefits for shareholders. The Weak Total Return Index shows that, after adjusting for risk, investors have not been adequately compensated, and the Weak Volatility Index points to a bumpier ride than many would prefer.
Valuation is a central concern. A forward P/E of 49.35 prices in a great deal of future success. At this level, even minor disappointments in growth or profitability can lead to outsized downside. That risk stands out when comparing MANH’s C rating with higher-rated sector peers like NVIDIA Corporation (NVDA, B), Apple Inc. (AAPL, B), and Microsoft Corporation (MSFT, B), all of which earn a Buy recommendation under Weiss Ratings.
Taken together, MANH’s strong operating profile has not been enough to overcome weaker risk-adjusted returns and elevated volatility at a rich valuation. Existing shareholders should recognize that, despite quality fundamentals, the overall C (Hold) rating reflects a more fragile investment proposition than headline metrics alone might imply.
About Manhattan Associates, Inc.
Manhattan Associates, Inc. is an Information Technology company in the Software and Services industry that focuses on supply chain and omnichannel commerce platforms. The company develops and sells software designed to manage complex distribution, transportation, inventory, and order fulfillment operations for retailers, wholesalers, manufacturers, and logistics providers. Its core offerings include warehouse management systems, transportation management solutions, and order management software that seek to coordinate goods movement across distribution centers, stores, and e-commerce channels. The business model is centered on enterprise software licensing, cloud-based subscriptions, and related professional services such as implementation, consulting, and support.
The company positions itself as a provider for organizations with demanding logistics and fulfillment requirements, where integration with legacy systems, third‑party applications, and global operations can be difficult and resource-intensive. Manhattan Associates’ platforms are typically mission‑critical, which can create long deployment cycles, significant customization work, and dependence on ongoing maintenance and upgrades. In an increasingly competitive Software and Services landscape, the company faces pressure from larger, diversified enterprise software vendors as well as more specialized, cloud‑native supply chain providers that may offer lower‑cost or more flexible alternatives. Its focus on complex, enterprise‑grade solutions can limit its appeal to mid‑sized businesses seeking simpler, more standardized technology, and can leave customers exposed to implementation risk, vendor lock‑in, and the operational burden of managing highly tailored systems over time.
Investor Outlook
With Manhattan Associates, Inc. (MANH) carrying a C (Hold) Weiss Rating, investors may want to exercise caution and closely monitor how its risk/reward profile develops relative to the broader Information Technology group. Watch for shifts in sector sentiment, execution on growth initiatives, and any rating changes that could tilt the balance toward higher risk or weaker total return potential. See full rankings of all C-rated Information Technology stocks inside the Weiss Stock Screener.
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