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Investing.com - DA Davidson raised its price target on Manhattan Associates, Inc. (NASDAQ:MANH) to $250.00 while maintaining a Buy rating following the company’s second-quarter 2025 results. The stock, currently trading at $202.79 with a market capitalization of $12.31 billion, has shown mixed performance with a -28.84% return over the past six months. According to InvestingPro analysis, the company maintains a GREAT financial health score.
The price target increase comes after Manhattan Associates exceeded top and bottom line expectations in its Q2 2025 financial performance, which was driven by new logo wins and disciplined expense management.
While reiterating its 2025 RPO (Remaining Performance Obligation) guidance of approximately 20% year-over-year constant currency growth, the company raised both its revenue and margin outlook for the full year.
DA Davidson noted that during the second quarter of 2025, Manhattan Associates hired more salespeople than in any other quarter over the past decade, which highlights management’s focus on gaining market share in a growing global market.
The firm also pointed out that Manhattan Associates continues to opportunistically repurchase its shares as part of its capital allocation strategy.
In other recent news, Manhattan Associates Inc. reported its financial results for the second quarter of 2025, exceeding analyst expectations. The company achieved an adjusted earnings per share (EPS) of $1.31, surpassing the projected $1.13. Additionally, Manhattan Associates’ revenue reached $272 million, outpacing the anticipated $263.64 million. These results indicate strong performance and have captured investor attention. Analysts from various firms have taken note of the company’s financial achievements. The earnings and revenue figures are particularly significant for investors evaluating the company’s current standing. As these developments unfold, the market continues to assess the implications of these results.
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