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ATLANTA - Manhattan Associates Inc. (NASDAQ:MANH), an $11.4 billion supply chain technology company with strong financial health according to InvestingPro metrics, announced Tuesday that the Federal Emergency Management Agency (FEMA) has authorized its Warehouse Management System (WMS) for FedRAMP compliance, making it the only supply chain commerce provider with this federal authorization.
The FedRAMP (Federal Risk and Authorization Management Program) authorization allows U.S. government agencies and federal contractors to use Manhattan’s cloud-based solutions for supply chain and retail operations while meeting government security standards.
Manhattan began pursuing FedRAMP authorization in partnership with the Defense Commissary Agency in 2022, achieving initial authorization in early 2023 before receiving the FEMA authorization. The company has demonstrated strong operational efficiency with a 56% gross profit margin and generates over $1 billion in annual revenue.
"Earning and maintaining FedRAMP authorization represents years of rigorous work across our R&D, cloud operations, and government teams," said Stewart Gantt, executive vice president of Professional Services at Manhattan Associates.
FedRAMP provides a standardized framework for assessing, authorizing, and monitoring cloud products and services to protect federal information. The authorization is required before federal agencies can use cloud-based services.
The company noted that commercial customers will also benefit from the enhanced security measures developed through its federal initiatives.
Manhattan Associates specializes in supply chain and omnichannel commerce technologies that connect front-end sales with back-end supply chain execution, according to the press release statement.
In other recent news, Manhattan Associates reported strong third-quarter 2025 earnings, surpassing Wall Street expectations. The company achieved an adjusted earnings per share of $1.36, exceeding the forecast of $1.19, and reported revenue of $276 million, slightly above the anticipated $271.82 million. Following these results, DA Davidson reiterated its Buy rating with a $250 price target, highlighting the company’s solid quarterly performance and positive guidance revisions. Truist Securities also maintained a Buy rating with a $230 price target, emphasizing Manhattan Associates’ robust cloud subscription revenue growth and strong earnings performance. Meanwhile, Stifel adjusted its price target to $240 from $250, citing strong cloud and services revenue as key factors in the company’s better-than-expected results. Morgan Stanley upgraded the stock from Underweight to Equalweight, raising its price target to $200, despite concerns over slower RPO-based bookings and a preliminary fiscal year 2026 outlook that fell below investor expectations. These developments reflect a mixed but generally positive sentiment among analysts regarding Manhattan Associates’ recent performance.
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