Manhattan Associates Raises FY2026 Revenue Outlook Amid Cloud Growth

Apr 22, 2026 09:37 UTC

MANH

Short term

Shares of Manhattan Associates climbed 9% after-hours as the company lifted its fiscal 2026 guidance. The update highlights strong momentum in cloud services and a healthy order backlog.

FY2026 revenue forecast increased to $1.147B–$1.157B
Stock price rose 9% in after-hours trading
Cloud-led business model driving growth
Strong order backlog signals future revenue stability

Manhattan Associates (MANH) saw its share price climb approximately 9% during Tuesday's after-hours session after the software provider increased its financial projections for the 2026 fiscal year. The guidance hike reflects the company's successful transition toward a cloud-led business model, which continues to gain traction among enterprise clients seeking supply chain optimization and digital transformation. According to the updated outlook, the company now expects FY2026 revenue to fall within the range of $1.147 billion to $1.157 billion. This revised forecast is supported by a strong backlog of orders, indicating sustained demand for the company's software suite. Investors reacted positively to the increased visibility into future growth, viewing the cloud transition as a key driver for long-term recurring revenue. The immediate price action suggests strong market confidence in the company's ability to execute its current growth strategy.