Manhattan Associates partners with Google Cloud

LAS VEGAS - Manhattan Associates Inc. (NASDAQ: MANH), a prominent supply chain commerce company with a market capitalization of $11.58 billion and impressive revenue growth of 9.18% over the last twelve months, has announced an expanded partnership with Google Cloud. According to InvestingPro data, the company maintains a "GREAT" financial health score, positioning it well for this strategic expansion. The collaboration aims to enhance digital transformation for customers by making Manhattan Active® solutions available on Google Cloud Marketplace.

The partnership is designed to provide customers with a more streamlined process for procuring and managing Manhattan’s cloud-native supply chain execution, planning, and omnichannel commerce solutions. According to Eric Clark, President & CEO of Manhattan Associates, this move will offer greater agility, visibility, and resilience to supply chain commerce.

The benefits of this expanded partnership are multifaceted. Customers will experience a simplified billing process and procurement, and they can apply Manhattan spend towards their existing Google Cloud commitments. While the company trades at relatively high valuation multiples, InvestingPro analysis reveals strong operational metrics, including a robust gross profit margin of 55.62% and healthy return on assets of 31.4%. For deeper insights into Manhattan Associates’ valuation and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro. The integration of Manhattan Active solutions with Google Cloud is expected to accelerate digital transformation by promoting agility in supply chain and omnichannel commerce operations. These solutions are optimized to perform on Google Cloud, promising fast deployment and high performance, reliability, and security.

Moreover, customers will gain access to advanced AI-driven insights and automation, which are anticipated to improve productivity and user experience. The Manhattan Active Platform leverages a wide array of Google cloud services, including Google Kubernetes Engine (GKE) and Google Big Query, to transform supply chain capabilities for businesses globally.

The newly announced Manhattan Agent Foundry™ is engineered using Google Agentspace technology and the Vertex AI platform, which allows Manhattan AI Agents to be available in customers’ own Google Agentspace, facilitating seamless execution across enterprise applications.

Michael Clark, President of North America at Google Cloud, highlighted that bringing Manhattan Active to Google Cloud Marketplace will support customers in securely scaling and managing their supply chain commerce solutions on Google Cloud’s infrastructure.

This strategic alliance is based on a long-standing partnership between the two companies, aiming to advance supply chain capabilities with cloud-driven solutions. Despite recent market volatility causing a 28.91% decline over the past six months, the stock has demonstrated resilience with strong long-term performance. The information for this article is based on a press release statement from Manhattan Associates Inc. Discover more detailed financial metrics and 13 additional ProTips about Manhattan Associates with an InvestingPro subscription.

In other recent news, Manhattan Associates reported impressive first-quarter 2025 financial results, exceeding analysts’ expectations. The company achieved an adjusted earnings per share (EPS) of $1.19, surpassing the forecast of $1.03, and reported revenue of $263 million, which was higher than the projected $256.63 million. This performance was bolstered by a 21% increase in cloud revenue, reaching $94 million. Despite a decline in services revenue by 8%, the company’s overall financial health remained robust, with a 16% increase in adjusted EPS.

Additionally, Manhattan Associates underwent significant changes in its leadership structure. Long-standing board members John J. Huntz, Jr., and Deepak Raghavan retired, with Eddie Capel taking on the role of Executive Chairman. Danielle Sheer has joined the board, bringing her expertise in data protection and management software.

Raymond James made a notable adjustment to the company’s stock target, reducing it to $195 from $270, but maintained an Outperform rating. Analyst Brian Peterson highlighted the company’s strong bookings and robust Remaining Performance Obligations (RPO), which rose by 25% to $1.9 billion. These developments underscore Manhattan Associates’ strategic focus on cloud-based solutions and its position in the supply chain software market.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.