Manhattan Associates

Manhattan Associates announced at the Citi conference that it will focus on cloud software, AI agents and a three-tier editions model to broaden its market and boost growth. Cloud revenue grew by over 20% in the first half, and the second quarter delivered record bookings, with 40% of orders coming from migrations and around 50% of new cloud bookings from new customers. AI products reached pilot or subscription status with 10% of the installed base by the end of Q2, with a 100% conversion rate from pilot to subscription. The company is targeting long-term double-digit revenue growth and operating margins in the upper quartile of the SaaS peer group. » Altro su de.investing.com

Manhattan Associates shares closed at a 52-week high of $220.61, driven by a 59% price rise over six months while the year-to-date gain is 0.73%. The company reported better-than-expected Q2 results (adjusted earnings $1.39 per share, revenue $297.8 million), recorded record order intake and saw cloud subscription growth of 26% year-over-year. Truist confirmed a buy rating with a $240 price target and Stifel raised its target to $225, while InvestingPro rates the stock as overvalued versus its fair value. Market capitalization is $12.83 billion and the P/E ratio is 61.92; investors are watching whether the uptrend will continue. » Altro su de.investing.com

Manhattan Associates reports significantly better-than-expected revenue and earnings, driven by continued strong demand in the cloud segment. Management raises full-year 2026 targets for both revenue and earnings. The operational success sparks heavy institutional buying and pushes the stock higher on strong trading volume. » Altro su finanzen.net

Exol is partnering with Manhattan Associates to implement Manhattan Active Warehouse Management and Manhattan Active Transportation Management across its network of automated logistics centers. The cloud-native platform is intended to unify distribution planning and execution as well as transport planning, optimization and tracking. Exol is supported by a $7.5 billion financing commitment from SoftBank Group and Symbotic and is further expanding its fulfillment-as-a-service network in the U.S. » Altro su de.investing.com

Manhattan Associates reported Q1 2026 EPS of $1.24 (expectation $1.11) and revenue of $282.2m (expectation $273.69m). Cloud revenue rose 24% year over year and drove growth, while adjusted operating margin remained at 32.4%. Operating cash flow was $84m; the stock rose 0.82% in after-hours trading. Management gave a conservative outlook due to macroeconomic uncertainty but expects continued cloud growth and cited EPS targets of $5.30 for 2026 and $5.92 for 2027. » Altro su de.investing.com