Manhattan Associates Inc Stock Price, News & Analysis

Manhattan Associates (NASDAQ: MANH) has announced an expanded partnership with Google Cloud, making all Manhattan Active® solutions available on Google Cloud Marketplace. This strategic alliance aims to streamline the procurement, deployment, and management of Manhattan's cloud-native supply chain solutions.

The partnership offers three key benefits: Speed to Value through simplified billing and leveraging existing Google Cloud commitments; Accelerated Digital Transformation with native integration into Google Cloud; and AI Innovation at Scale providing advanced AI-driven insights and automation.

Manhattan Active Platform utilizes various Google cloud services, including Google Kubernetes Engine, Cloud SQL, PubSub, Interconnect, and Big Query. The newly announced Manhattan Agent Foundry™ is built using Google Agentspace technology and Vertex AI platform.

Manhattan Associates (NASDAQ: MANH) has announced a major advancement in supply chain technology with the introduction of Agentic AI support within Manhattan Active® solutions at Momentum 2025. The company unveiled intelligent, autonomous digital agents powered by large language models (LLMs) that will transform supply chain commerce execution and optimization.

Key innovations include the launch of several AI agents: Intelligent Store Manager, Labor Optimizer Agent, Wave Inventory Research Agent, Contextual Data Assistant, and Virtual Configuration Consultant. Additionally, Manhattan introduced Manhattan Agent Foundry™, a platform enabling customers and partners to create and deploy custom AI agents within the Manhattan ecosystem.

The technology will be generally available in Fall 2025 and is compatible with industry standards including A2A and MCP protocols, ensuring interoperability with third-party platforms like Google Agentspace.

Manhattan Associates (NASDAQ: MANH) announced significant changes to its Board of Directors. John J. Huntz, Jr. and co-founder Deepak Raghavan are retiring from the Board effective May 13. Huntz served for over 26 years, including 22 years as Chairman, while Raghavan, who co-founded Manhattan in 1990, served as head of technology and product strategy until 2002.

Eddie Capel, former President and CEO (2013-2025), has been appointed as Executive Chairman. Thomas E. Noonan, a board member since 1999, becomes Lead Independent Director. Additionally, Danielle Sheer, Chief Trust Officer at Commvault Systems, joins as a new director.

Manhattan Associates (NASDAQ: MANH) has been recognized as a Leader in the Gartner Magic Quadrant for Warehouse Management Systems for the 17th consecutive year. The company's flagship product, Manhattan Active Warehouse Management, is highlighted as the industry's first cloud-native WMS built entirely on microservices.

The solution features advanced capabilities including automation integration, real-time inventory visibility, scalable architecture, and labor optimization with gamification elements. The platform now incorporates Manhattan Active Assist, a GenAI-powered tool providing natural language assistance and real-time support across multiple organizational roles.

Key features include seamless integration with material handling equipment, robotics solutions, and built-in Yard Management and Labor Management functionalities. The system is designed to support various warehouse complexities, from medium operations to sophisticated Level 4 and 5 distribution centers.

Pet Supplies Plus has selected Manhattan Active® Supply Chain Planning (SCP) to unify its supply chain operations. The implementation will integrate with existing Manhattan Active® Warehouse Management and Transportation Management systems, creating a comprehensive supply chain ecosystem. The cloud-native platform leverages AI-driven insights for enhanced forecasting accuracy and real-time decision making. Key features include: - Unified planning and execution systems - 52-week forecast capabilities - Real-time adjustments based on sales and supply data - Labor projections and transportation optimization - Intra Day Replenishing to prevent lost sales This implementation represents an expansion of the existing partnership between Manhattan Associates (NASDAQ: MANH) and Pet Supplies Plus, aiming to improve operational efficiency and responsiveness to market changes.

Manhattan Associates (NASDAQ: MANH) announced that Staples has successfully implemented Manhattan Active® Warehouse Management (WM) across nine U.S.-based B2B fulfillment centers in 18 months, with plans to complete implementation across remaining facilities by 2026. Staples' extensive network includes 6,000 associates managing 2.5 million units daily across 36 fulfillment centers and 220 delivery locations, spanning 12 million square feet of space.

The implementation aims to streamline warehouse processes, reduce errors, and improve inventory management. Notably, Staples currently services over 98% of the U.S. with next-day delivery. The new cloud-native system features seamless integration with autonomous mobile robots (AMRs) and will ultimately include 14 locations with over 2,000 autonomous guided vehicles and robotics technologies.

Manhattan Associates (NASDAQ: MANH) has been awarded the 2025 Google Cloud Business Applications Partner of the Year Award for Supply Chain and Logistics, recognizing their innovative contributions within the Google Cloud ecosystem.

The company's achievements center around two key AI innovations: Manhattan Active® Assist, a GenAI assistant included with all Manhattan Active subscriptions that provides natural language summaries and instant responses about product functionality, and Manhattan Active® Maven, an Agentic AI-powered customer service solution built on Google Gemini models.

The partnership between Manhattan and Google Cloud recently produced the second edition of the Unified Commerce Benchmark, analyzing unified commerce in specialty retail based on real-world transactions and interactions across digital and physical channels. The 2025 edition highlights successful retailer attributes and best practices for modernized operations.

Manhattan Associates (NASDAQ: MANH) reported Q1 2025 results with total revenue of $262.8 million, up from $254.6 million in Q1 2024. Cloud subscription revenue grew to $94.3 million from $78.0 million year-over-year, while license revenue increased to $9.3 million from $2.8 million.

The company's GAAP diluted EPS slightly decreased to $0.85 from $0.86, while non-GAAP adjusted EPS improved to $1.19 from $1.03. Operating income rose to $63.2 million from $57.6 million. During Q1, MANH repurchased 539,328 shares for $100.0 million, and the Board approved replenishing the share repurchase authority to $100.0 million in April 2025.

For full-year 2025, Manhattan Associates projects revenue between $1,060-$1,070 million, representing 2-3% growth. The company expects GAAP EPS of $3.06-$3.16 and adjusted EPS of $4.54-$4.64.

Manhattan Associates (NASDAQ: MANH) has been awarded the 2025 Google Cloud Business Applications Partner of the Year Award for Supply Chain and Logistics, recognizing their innovative contributions within the Google Cloud ecosystem.

The company's AI-powered innovations include Manhattan Active® Assist, a GenAI assistant that provides natural language summaries of application configurations and instant responses about product functionality, and Manhattan Active® Maven, an Agentic AI solution built on Google Gemini models that delivers personalized customer service.

The partnership between Manhattan and Google Cloud has led to significant developments, including the second edition of the Unified Commerce Benchmark, analyzing unified commerce in specialty retail across digital and physical channels. This collaboration demonstrates their commitment to delivering scalable, resilient solutions for modern supply chain challenges.