Manhattan Associates (MANH)
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
$260.41+2.07%
Close 2026-11-04 · 1-day change
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
QuarterlyIQ Insights · MANH
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 41.7% |
| Our one-year growth estimate | diamond | 8.6% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 33.1 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 35 industry peers · Company calendar date is not available
MANH — capital allocation — Material Modification to Rights of Security Holders
Dated 2026-10-27
Material Modification to Rights of Security Holders. The disclosure set forth below under
Why it matters: RPO rose 25% year over year in Q3. It tracks contracted work not yet counted as revenue.
Supportive ifQ4 RPO is more than 20% above the year-ago level.
Worry ifQ4 RPO growth falls below 15% year over year.
Why it matters: Cash from operations fell to $68.6 million from $93.1 million a year earlier. A rebound would ease that concern.
Watch forQ4 cash from operations is above $93.1 million.
Also watch forQ4 cash from operations is below $68.6 million.
Why it matters: Cloud revenue was up 28% in Q3. Continued growth would support the shift to cloud sales.
Supportive ifA later quarter reports cloud subscription revenue growth above 25% year over year.
Worry ifA later quarter reports cloud subscription revenue growth below 20% year over year.
Why it matters: Nine-month operating income was nearly flat year over year despite higher revenue. A rise would show the cost cuts are helping.
Supportive ifFull-year 2026 GAAP operating income is above the 2025 level of $285.0 million.
Worry ifFull-year 2026 GAAP operating income is at or below the 2025 level of $285.0 million.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$146 on $10,000 · ±1.5% | How much price usually moves either way. |
| Bad day | $420 loss on $10,000 · 4.2% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,289 loss on $10,000 · 32.9% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Q3 revenue rose 11% year over year. Meeting the raised floor would keep full-year growth on track.
Supportive ifFull-year 2026 revenue is at least $1.176 billion, the low end of the latest range.
Worry ifFull-year 2026 revenue falls below $1.176 billion or the company cuts its range.