Manhattan Associates (MANH)
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
$213.77-3.86%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
QuarterlyIQ Insights · MANH
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $214 MANH trades at 45× p/e — 1.6× the 27× p/e peer median. The market is re-rating it beyond its own range; our $199 fair value is medium-confidence here. Analysts target $180–$260. Even valued only for durable growth at sustainable margins, it's worth about $238 — above today's price, so the premium reflects that growth case, not pure multiple expansion. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| analyst target | 12M | $212.50 | — | — | Analyst | high |
| dcf fcfe | 12M | $458.34 | — | — | Hist. CAGR | high |
| dcf fcff | 12M | $461.49 | — | — | Hist. CAGR | high |
| Peer EV/EBITDA | 12M | $69.55 | 13.6 | 4.87 | TTM | high |
| Peer P/FCF |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 10% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
$180.00 – $260.00 (median $212.50) · 6 analysts · as of 2026-08-26
Only weak execution quality — not the full expensive x weak x turbulent stack. Regime (Mania) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
At today's price you pay about 116% over what the business is worth with no growth; closing that gap needs roughly 15.0 years of the forecast growth to come through. These describe the expectations embedded in the price, not a forecast of the move. Reverse-DCF base: $3.73/sh owner earnings.
Looks more expensive than peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q2, 2025-Q3, 2026-Q1, 2026-Q2
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| 12M |
| $125.68 |
| 18.6 |
| 6.77 |
| TTM |
| high |
| Peer P/E | 12M | $103.64 | 17.5 | 5.93 | ntm analyst | high |
| Peer P/S | 12M | $71.97 | 3.8 | 19.09 | TTM | high |
| PEG | 12M | $87.37 | 18.3 | 4.77 | TTM | high |
| residual income | 12M | $21.91 | — | — | TTM | high |
| triangulated | 12M | $139.65 | 27.4 | 5.09 | Triangulated | high |
| Peer P/FCF | 3Y | $191.14 | 18.6 | 10.29 | Hist. CAGR(prov.) | medium |
| Peer P/E | 3Y | $111.56 | 17.5 | 6.38 | Analyst | medium |
| Peer P/S | 3Y | $84.11 | 3.8 | 22.31 | guidance | medium |
| PEG | 3Y | $116.93 | 18.3 | 6.38 | Analyst | medium |
| Peer P/FCF | 5Y | $252.79 | 18.6 | 13.61 | Hist. CAGR(prov.) | medium |
| Peer P/E | 5Y | $116.73 | 17.5 | 6.68 | Analyst | medium |
| Peer P/S | 5Y | $88.01 | 3.8 | 23.34 | guidance | medium |
| PEG | 5Y | $122.35 | 18.3 | 6.68 | Analyst | medium |