Manhattan Associates beats Q3 revenue expectations on strong cloud demand

Manhattan Associates

21/10/2025 21:17

Overview

Manhattan Associates Q3 revenue beats analyst expectations, reaching $275.8 mln

Adjusted EPS for Q3 2025 beats consensus, reaching $1.36

Company repurchased 233,425 shares, replenished buyback authority to $100 mln

Outlook

Manhattan Associates sees full-year revenue between $1,073 mln and $1,077 mln

Company expects full-year GAAP EPS between $3.43 and $3.45

Manhattan Associates anticipates full-year adjusted EPS between $4.95 and $4.97

Co is investing in personnel and solutions to capitalize on expanding market opportunities

Result Drivers

CLOUD REVENUE GROWTH - Driven by solid demand, cloud revenue increased by 21% in Q3 2025

SERVICES REVENUE - Better than expected services revenue generation contributed to Q3 results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$275.80 mln
$271.76 mln (8 Analysts)
Q3 Adjusted EPS
Beat
$1.36
$1.17 (9 Analysts)
Q3 EPS
$0.96


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for Manhattan Associates Inc is $232.11, about 13.8% above its October 20 closing price of $200.02

The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 41 three months ago

Press Release: ID:nBw1Hp0vQa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)