Morgan Stanley Upgrades Manhattan Associates on Cloud, AI Momentum

By EC Assets · Published 12 October 2026

Morgan Stanley upgraded Manhattan Associates. The upgrade stems from the company's cloud acceleration and artificial intelligence traction. Manhattan Associates delivered a fourth quarter that exceeded Wall Street's expectations. This performance was driven by robust cloud revenue growth and a resurgence in its services segment. Manhattan Associates CEO Eddie Capel announced the release of a new supply chain planning solution. This solution is on the company's Active platform. The announcement occurred during the keynote of the first day of the Manhattan Momentum user conference. The company was also named SupplyTech Breakthrough’s Overall Innovation of the Year for 2024. This award was granted amongst thousands of nominations. Chris Quintero, a back-office software analyst at Morgan Stanley, participated in the Morgan Stanley Technology, Media & Telecom Conference 2026. Separately, 11 analysts have shared insights on Manhattan Associates across the recent three months. Their opinions range from bullish to bearish. Manhattan Associates announced a planned transition for its Chief Financial Officer. The company reported management attributed its strong Q4 results to cloud growth and services segment resurgence. A stronger dollar, higher bond market yields, and elevated gas prices are tightening financial conditions in the U.S. according to a Morgan Stanley strategist. This article is intended for informational purposes only. It does not constitute investment advice.