Equity Profile

MANH

Manhattan Associates, Inc.

Information TechnologyApplication Software$8.9B

Jul21Tue

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Manhattan Associates, Inc. is a technology company that specializes in supply chain and inventory management software....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well the company has performed compared to expectations.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its business and capture market share, which is crucial for investor confidence.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

MANH Q2-2026 Earnings Preview

Context

Company Snapshot

Manhattan Associates, Inc. is a technology company that specializes in supply chain and inventory management software. As a player in the Information Technology sector, it is positioned to benefit from trends in e-commerce and digital transformation, which are increasingly important in today's retail landscape.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+70.23%

Avg Stock Reaction

+0.39%

Last Quarter Recap

In Q1-2026, Manhattan Associates reported an EPS of $1.24, significantly surpassing estimates by 63.59%. This positive surprise contributed to a slight increase in stock price the following day.

Management Promises & Guidance

Continued focus on enhancing software capabilities.
Commitment to expanding customer base in e-commerce sectors.
Plans to invest in new technologies to improve supply chain solutions.

Expectations

Wall Street Expectations

Overall, expectations are high as the company has consistently beaten earnings estimates in recent quarters. Investors are looking for continued strong performance and growth indicators.

Bull Case

If Manhattan Associates continues its trend of beating earnings estimates, it could signal robust demand for its software solutions, leading to a significant stock price increase.

Bear Case

Conversely, if the company fails to meet expectations or shows signs of slowing growth, it could lead to a sharp decline in stock price, especially given the high implied volatility.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be this quarter, and how does it compare to previous quarters?

Given the company's history of beating EPS estimates, this number will be crucial for investor sentiment and stock performance.

How is the company addressing customer retention and growth in the e-commerce sector?

With increasing competition in the software space, insights into customer retention strategies will be key to understanding future revenue stability.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for revenue growth driven by e-commerce expansion, as Manhattan Associates has a unique position in the market that could lead to higher demand than anticipated.

Supporting Evidence

The company has consistently beaten EPS estimates, indicating stronger operational performance than expected.

Options pricing suggests a significant move, which may not align with the company's historical performance patterns.

Key Risk

If customer retention rates show a significant decline, it could undermine the bullish outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it will either reinforce the company's growth trajectory or signal potential challenges ahead.

Bull Confirmed If

An EPS of $1.30 or higher would confirm strong operational performance and investor confidence.

Bear Confirmed If

An EPS below $1.00 would raise concerns about growth and profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±26.1%

Historical Avg

±1.7%

Pricing rich

The options market is pricing in a significant potential move in either direction, indicating uncertainty about the upcoming earnings report.

Options are pricing ±26.1% while MANH has averaged ±1.7% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

47.5%

Calls (5K)P/C Ratio: 2.27Puts (7K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Information Technology

n=30

Fade rate: 4 of 9 (44%)

This setup has occurred 30 times across Information Technology in the last 2 years. 4 of 9 faded and 5 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 4.4%, with a raw directional average of -0.5% (modestly negative historical bias).

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$1.0M

7,300 sh

1 insider

Net

$1.0M

Net selling

Most Active Insiders· 1 open-market trade

EVP, Professional ServicesGantt James Stewart
$1.0M
Net selling

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Manhattan Associates beats expectations, history suggests a potential stock increase of around +0.39%, confirming strong demand for its products.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further guidance from management.

Miss

A miss could lead to a decline, with historical patterns indicating a potential drop of about -0.5% in stock price.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new customer acquisitions in the e-commerce sector.
2Details on software enhancements and their expected impact on revenue.
3Management's outlook on market trends and competitive landscape.
4Insights into customer retention strategies and their effectiveness.
5Any commentary on potential challenges or risks in the upcoming quarters.

See the full picture

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Company Snapshot

Manhattan Associates, Inc. is a technology company that specializes in supply chain and inventory management software....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well the company has performed compared to expectations.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its business and capture market share, which is crucial for investor confidence.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

MANH Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+70.23%

Avg Stock Reaction

+0.39%

Last Quarter Recap

In Q1-2026, Manhattan Associates reported an EPS of $1.24, significantly surpassing estimates by 63.59%. This positive surprise contributed to a slight increase in stock price the following day.

Management Promises & Guidance

Continued focus on enhancing software capabilities.
Commitment to expanding customer base in e-commerce sectors.
Plans to invest in new technologies to improve supply chain solutions.

Expectations

Wall Street Expectations

Overall, expectations are high as the company has consistently beaten earnings estimates in recent quarters. Investors are looking for continued strong performance and growth indicators.

Bull Case

If Manhattan Associates continues its trend of beating earnings estimates, it could signal robust demand for its software solutions, leading to a significant stock price increase.

Bear Case

Conversely, if the company fails to meet expectations or shows signs of slowing growth, it could lead to a sharp decline in stock price, especially given the high implied volatility.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be this quarter, and how does it compare to previous quarters?

Given the company's history of beating EPS estimates, this number will be crucial for investor sentiment and stock performance.

How is the company addressing customer retention and growth in the e-commerce sector?

With increasing competition in the software space, insights into customer retention strategies will be key to understanding future revenue stability.

Edge

What the Street Is Missing

Why consensus could be wrong

Supporting Evidence

The company has consistently beaten EPS estimates, indicating stronger operational performance than expected.

Options pricing suggests a significant move, which may not align with the company's historical performance patterns.

Key Risk

If customer retention rates show a significant decline, it could undermine the bullish outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it will either reinforce the company's growth trajectory or signal potential challenges ahead.

Bull Confirmed If

An EPS of $1.30 or higher would confirm strong operational performance and investor confidence.

Bear Confirmed If

An EPS below $1.00 would raise concerns about growth and profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±26.1%

Historical Avg

±1.7%

Pricing rich

The options market is pricing in a significant potential move in either direction, indicating uncertainty about the upcoming earnings report.

Options are pricing ±26.1% while MANH has averaged ±1.7% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

47.5%

Calls (5K)P/C Ratio: 2.27Puts (7K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Information Technology

n=30

Fade rate: 4 of 9 (44%)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$1.0M

7,300 sh

1 insider

Net

$1.0M

Net selling

Most Active Insiders· 1 open-market trade

EVP, Professional ServicesGantt James Stewart
$1.0M
Net selling

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Manhattan Associates beats expectations, history suggests a potential stock increase of around +0.39%, confirming strong demand for its products.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further guidance from management.

Miss

A miss could lead to a decline, with historical patterns indicating a potential drop of about -0.5% in stock price.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new customer acquisitions in the e-commerce sector.
2Details on software enhancements and their expected impact on revenue.
3Management's outlook on market trends and competitive landscape.
4Insights into customer retention strategies and their effectiveness.
5Any commentary on potential challenges or risks in the upcoming quarters.