SAN DIEGO, April 03, 2025 (GLOBE NEWSWIRE) -- A class action lawsuit has been filed on behalf of all persons and entities that purchased or otherwise acquired Manhattan Associates, Inc. (NASDAQ: MANH) (“Manhattan” or the “Company”) securities between October 22, 2024 and January 28, 2025 (the “Class Period”), charging the Company and certain senior executives with violations of the federal securities laws (collectively, “Defendants”). Manhattan investors have until April 28, 2025 to seek appointment as lead ...

Shares of Manhattan Associates (MANH) have gained 2% over the past four weeks to close the last trading session at $174.76, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $247.38 indicates a potential upside of 41.6%.The average comprises eight short-term price targets ranging from a low of $184 to a high of $285, with a standard deviation of $38.69. While the lowest estimate i ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Manhattan Associates To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in Manhattan Associates between October 22, 2024 and January 28, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NE ...

NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of Georgia on behalf of those who acquired Manhattan Associates, Inc. (“Manhattan” or the “Company”) (NASDAQ:MANH) securities during the period from October 22, 2024, through January 28, 2025 (“the Class Period”). Investors have until April 28, 2025, to apply to the Court to be appointed as lead plaintiff in the law ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Manhattan Associates To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Manhattan Associates between October 22, 2024 and January 28, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, March 15, 202 ...

SAN DIEGO, March 11, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired Manhattan Associates, Inc. (NASDAQ: MANH) securities between October 22, 2024 and January 28, 2025. Manhattan Associates is a global company that develops, sells, deploys, services, and maintains software solutions for the purpose of assisting in the management of supply chains, inventory, and omnichannel operations for its customers. For mor ...

Core Viewpoint - A class action has been filed against Manhattan Associates, Inc. for allegedly misleading investors about its growth potential and revenue forecasts during a specified period [1][2]. Group 1: Allegations and Financial Performance - The complaint alleges that during the class period, Manhattan Associates provided optimistic statements regarding its expected revenue for fiscal year 2025, including confidence in its forecasting ability and growth potential of professional services [2]. - Despite these positive assertions, the company purportedly failed to disclose its actual capability to deliver responsible growth targets, indicating a lack of preparedness to meet such expectations [2]. - On January 28, 2025, Manhattan Associates reported its fourth-quarter and full-year 2024 financial results, announcing a reduction in revenue guidance for fiscal year 2025, attributing this to a shift in professional services work and other operational challenges [3]. - Following the announcement, the stock price of Manhattan Associates fell from $295.10 per share to $222.84 per share, marking a decline of over 24% [3]. Group 2: Class Action Participation - Shareholders may be eligible to participate in the class action against Manhattan Associates, with a deadline to file as lead plaintiff by April 28, 2025 [4]. - A lead plaintiff represents the interests of other class members in the litigation, although participation is not required to be eligible for recovery [4]. Group 3: Company Background - Manhattan Associates, Inc. is a global company specializing in software solutions for supply chain management, inventory, and omnichannel operations [1].

LOS ANGELES, Feb. 28, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Manhattan Associates, Inc. ("Manhattan" or "the Company") (NASDAQ: MANH) for violations of the federal securities laws.Shareholders who purchased the Company's securities between October 22, 2024 and January 28, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before April 28, 2025.CASE DETAILS: The Company allegedly made false and misleading statements to the market conce ...

Core Viewpoint - A class action lawsuit has been filed against Manhattan Associates, alleging securities fraud and unlawful business practices [2][3]. Financial Performance - For Q4 2024, Manhattan Associates reported services revenue of $119.5 million, a growth of only 0.3% year-over-year, and approximately $2 million below the guidance provided in October 2024 [3]. - The company anticipates that services revenue will reach a low point in Q1 2025, with solid revenue growth expected to resume by mid-year [3]. - Manhattan Associates projects modest revenue growth of 2% to 3% for 2025, while GAAP EPS is expected to decline by 10% to 13% [3]. Market Reaction - Following the financial results announcement, Manhattan Associates' stock price fell by $72.26 per share, or 24.49%, closing at $222.84 per share on January 29, 2025 [4]. Customer Challenges - Approximately 10% of customers with ongoing implementations have scaled back their planned services work for the upcoming calendar and fiscal year, indicating emerging challenges in the services business [3].

Core Viewpoint - A class action lawsuit has been filed against Manhattan Associates, Inc. for failing to disclose the true state of its forecasting ability for professional services, leading to a significant drop in share price following the release of disappointing financial results and lowered revenue guidance for 2025 [1][3][4]. Financial Performance - On January 28, 2025, Manhattan Associates reported its financial results for Q4 and the full fiscal year 2024, along with a reduced revenue guidance for the full fiscal year 2025 [3]. - The company attributed its results and lowered guidance to a shift in professional services work to future periods and reduced customization, alongside higher partner utilization [3]. - Following this announcement, Manhattan's share price fell by $72.26, approximately 24%, from $295.10 to $222.84 per share [3]. Legal Proceedings - The class action lawsuit was filed in the U.S. District Court for the Northern District of Georgia on behalf of investors who acquired Manhattan securities during the Class Period from October 22, 2024, to January 28, 2025 [1]. - Investors have until April 28, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit [1].