Curious about today's AI digest?ai-tldr.dev

Daily Digest

BriefMarket · bullishMedium impact
Esc

Manhattan Associates Stock Jumps 11% After Earnings Beat

SEC / Manhattan Associates1 min read4 sources

Why is Manhattan Associates stock up today?

Manhattan Associates (MANH) stock jumped about 11% to roughly $260 in after-hours trading on Tuesday after the company beat third-quarter estimates and raised its 2026 outlook, with cloud sales up 28%.

Key numbers

Q3 revenue$306.2M+11% YoY
Cloud subscription revenue$134.4M+28% YoY
Adjusted EPS$1.55vs $1.46 expected
Contracted future revenue (RPO)$2.59B+25% YoY
2026 revenue outlook$1.176B–$1.178B+9% YoY
After-hours share price~$260+11% vs $233.98 close

What happened

Manhattan Associates (MANH) stock jumped about 11% to roughly $260 in after-hours trading on Tuesday after the company beat third-quarter estimates and raised its 2026 outlook, with cloud sales up 28%. Sales rose 11% from a year ago to $306.2 million, above the $297 million analysts expected. Adjusted profit per share was $1.55 versus $1.46 expected. The company now forecasts 2026 sales of $1.176 billion to $1.178 billion, above analysts' $1.17 billion. Cloud sales (software rented over the internet) passed services revenue for the first time.

Why it matters

Manhattan Associates makes software that helps retailers and manufacturers run warehouses and deliveries, so strong results hint that companies are still spending on supply chain technology. The company is also moving customers to cloud software, which brings repeat revenue. Raising its own forecast (guidance) signals management expects demand to stay strong, which is why investors pushed the shares higher.

Who this affects

Marketbullish
Medium impact
Software investors cheer; supply chain tech demand looks strong.
Companybullish
High impact
Shareholders gain as shares jump and forecasts rise.
Competitorsmixed
Low impact
Rivals face a stronger competitor; read-across for them unclear.
Industrybullish
Medium impact
Supply chain software demand and cloud shift look healthy.

Manhattan Associates vs Descartes Systems, SPS Commerce

Manhattan AssociatesMANH$13.8B+11.3%+28%
Descartes SystemsDSGX———
SPS CommerceSPSC———

As of 2026-10-27

How we got here

  1. Shares close the regular session at $233.98 before the report.

  2. Company reports Q3 sales of $306.2M, adjusted EPS of $1.55 and a higher 2026 outlook.

  3. Shares jump about 11% in after-hours trading to roughly $260.

What to watch

  • Whether the after-hours gain holds when regular trading opens on Wednesday.2026-10-28
  • Fourth-quarter results and whether cloud growth stays near 28%.Q1 2027

Educational content only. Not investment advice.

More briefsAll briefs →