NYSE: MAN

ManpowerGroup (MAN) Stock Analysis & Forecast

Oct 12 close

$51.29−1.49 (−2.8%)

Gekko Brief

AI summaryOct 12 close

ManpowerGroup's week centers on its upcoming Q3 report and ongoing debate over its turnaround story. BMO Capital reiterated a Buy rating with a $63 price target, reflecting continued confidence, while GuruFocus flagged the stock as undervalued following a recent pullback. Coverage also revisited the company's multi-year transformation program targeting $200 million in annual cost savings by 2028, alongside a dissenting view calling the hiring recovery insufficient given gross profit growth of only 2.2% between 2025 and 2026. One mention noted the stock's inclusion in a fund's quarterly letter as a top contributor amid a broader staffing sector rebound.

MAN closed at $51.29, down 2.8%, with its close sitting below the 50-day average of $57.55 but well above the 200-day average of $38.77. The stock's one-month return is -9.2%, while three- and six-month returns remain strongly positive at 30.9% and 75.7%. The GekkoIndex reads 67.1, placing the stock in the Accumulation zone, and price sits 35.8% below Gekko Fair Value of $79.86.

Earnings are due 15 October 2026, just 3 days away and inside a typical 20-trading-day holding window; the prior quarter saw a 34.1% reaction with EPS of $0.99 against a $0.96 estimate. Seasonality over the next 20 trading days has averaged -4.7% across 5 years, rising in just 1 of them. No insider, Congress, or unusual options activity appears in the respective 90-day and 30-day windows. Analyst consensus stands at 3 buys and 5 holds among 8 firms, with a consensus target of $57.33.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

ManpowerGroup price vs fair value

▲$79.86$51.29Oct ’25Apr ’26Oct ’26
Close $51.29200-day averageGekko Fair Value $79.86

ManpowerGroup quick facts

Market cap
$2.39B
P/E ratio
24.6
Forward P/E
11.8
EPS, TTM
$2.21
Revenue, TTM
$18.72B
Profit margin
0.6%
Dividend yield
2.72%
Beta
0.67
Volume
868,660 avg 856,968
1-year return
+31.1%
Typical daily move
±4.6%
Typical 20-day move
±5.8%
50-day average
$57.55
200-day average
$38.77
Next earnings
Oct 15 before open
Shares outstanding
46.51M
52-week range
$25.15$63.88

ManpowerGroup swing-trade checklist

ManpowerGroup scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive1 mixed2 headwinds

  • Trendmixed

    Averages disagree

    Close $51.29 sits between the 50-day ($57.55) and 200-day ($38.77) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    67.1, Accumulation

    Reading 67.1 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    35.8% below

    Price is 35.8% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 3 days

    Reports on Oct 15, 2026, 3 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −4.7% on average

    From this point in the calendar, the next 20 trading days averaged −4.7% over 5 years, rising in 1 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

ManpowerGroup stock chart and price history

ManpowerGroup closed at $51.29 on Oct 12, 2026, +31.1% over the past year, inside a 52-week range of $25.15 to $63.88.

Close50-day average200-day averageVolume
ManpowerGroup share price, past year, with 50-day and 200-day moving averages and volume$30$40$60NovDecJan 2026FebMarAprMayJunJulAugSepOct51.29

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−9.2%
3 months
+30.9%
6 months
+75.7%
1 year
+31.1%
The full MAN chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open MAN in Gekko

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About ManpowerGroup

ManpowerGroup connects employers with workers across a wide range of jobs, placing people into permanent, temporary, and contract roles spanning professional, administrative, and industrial positions. It is widely recognized for its staffing work under the Manpower and Experis names, serving businesses that need help finding and placing talent at every level.

The company's work goes beyond matching candidates to openings. It offers assessment tools, training and career development programs, and support for employees navigating career transitions. For organizations handling large hiring efforts, it provides outsourced HR functions, recruitment process outsourcing, and managed staffing programs through its TAPFIN services, along with consulting on workforce strategy and staffing for specialized fields such as IT, engineering, and finance. Its Proservia brand adds digital and IT infrastructure support to this mix. Together these services aim to help businesses run more efficiently while supporting workers' career growth and mobility. ManpowerGroup serves clients across the Americas, Southern and Northern Europe, and the Asia Pacific Middle East region, operating through a large network of offices spanning dozens of countries and territories.

Founded in 1948, ManpowerGroup is based in Milwaukee, Wisconsin. Its shares are listed on the NYSE under the ticker MAN.

Listed
NYSE
Sector
Commercial services
Industry
Personnel services
Website
manpowergroup.com

ManpowerGroup GekkoIndex: the smart money zone

ManpowerGroup’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 67.1, in the Accumulation zone, unchanged over five sessions.

010067.1Accumulation

Unchanged over five sessions.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying57−0.1%−2.8%−3.6%−1.0%
Accumulation (current zone)271+0.1%+0.6%+0.5%−1.7%
Neutral340−0.1%0.0%0.0%+3.2%
Distribution12−0.7%−5.3%+1.8%−0.6%
Selling2Too few readings yet

Average MAN share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.2% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the MAN price, zone by zone.Track MAN in Gekko

Is ManpowerGroup stock overvalued? Gekko Fair Value

ManpowerGroup trades 35.8% below Gekko Fair Value of $79.86, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what ManpowerGroup shares are worth, recalculated every trading day.

$79.86

Gekko Fair Value, Oct 10, 2026

35.8% Undervalued

At the end of Aug 2026 the price was 26.3% below the estimate.

Gekko Fair ValueShare price, month end
$80$53Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open MAN in Gekko

ManpowerGroup insider and Congress trading

No open-market insider purchases were filed for ManpowerGroup, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for MAN in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every MAN insider filing, plotted on the chart in Gekko.Open MAN in Gekko

Congress trades last 90 days

No trades in MAN were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for MAN, plotted on the chart in Gekko.Open MAN in Gekko

Buybacks

ManpowerGroup has been buying back its own shares.

Bought back, quarter ended Mar 31, 2026
$300K
As a share of market cap
0.01%

From company filings.

ManpowerGroup earnings: next date and track record

ManpowerGroup reports on Oct 15, 2026, before the open (3 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±13%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

−12.2%Oct ’24−0.3%Jan ’25−19.3%Apr ’25+0.3%Jul ’25−11.3%Oct ’25+25.4%Jan ’26+1.3%Apr ’26+34.1%Jul ’26

Last earnings call, Jul 16, 2026 AI summary

What they said
ManpowerGroup reported solid Q2 2026 results with reported revenues of $4.9 billion (system-wide $5.3 billion) and constant currency revenue growth of 6%. Adjusted EBITDA was $103 million (2.1% margin), adjusted EPS $0.99 (above guidance midpoint). Manpower brand showed particularly strong performance (5th consecutive quarter of growth; Manpower up 8% cc; U.S. Manpower up 16%), Experis improved to -2% (from -9% in Q1) and Talent Solutions was flat. Management emphasized execution against verticals (manufacturing, automotive, aerospace, logistics, retail), continued cost discipline, and portfolio/transformational actions. The company is scaling AI across the organization (targeting ~70% of revenues by year-end) to improve sales targeting, candidate experience and create new partnership-driven revenue streams (SoundHound, IBM Watsonx). Transformation program targets $200 million of permanent savings by 2028 with staged benefits ($20M back-office this year; $80M in 2027; front-office savings in 2027-2028) and program costs of ~$10-15M per quarter. Management described early signs of broader market recovery (Manpower from stabilization to recovery) and expects momentum to continue into Q3, while remaining cautious on macro/geopolitical uncertainties. The call highlighted improved operating leverage, stable staffing gross margins (~16.0%-16.1% guidance for the first nine months), RPO/Perm stabilization, and partnership-driven revenue expected $50M-$100M this year with ~100 qualified partnership leads in pipeline. The Jefferson Wells U.S. disposition created a one-time gain that impacted results and cash position and reduced net debt.
Guidance
Management provided qualitative forward-looking guidance: continued improvement expected into Q3 2026; gross profit margin expected to be roughly stable at ~16.0%-16.1% for the first nine months; transformation program timing and benefits: $20M back-office profit improvement this year, $80M in 2027, and $200M of permanent savings by 2028. No explicit numeric revenue or EPS guidance for Q3 was transcribed beyond the qualitative expectation of continued improvement and operational leverage.
Risks flagged
Management cited economic and geopolitical uncertainty in the Safe Harbor. Other risks discussed or implied include early-cycle dynamics causing margin mix pressure, impact from the Jefferson Wells disposition on comparables/margins (~5-10 bps or ~10 bps in Q2), ongoing transformation costs (~$10-15M per quarter), and the need to convert AI and partnership pipeline into scalable revenue. Experis and Talent Solutions continue to be in stabilization phases, so demand recovery there is not yet fully secured.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 16, 2026$0.99
est $0.96
+3.1%$4.86B
est $4.72B
+2.9%+34.1%
Apr 16, 2026$0.51
est $0.49
+4.9%$4.51B
est $4.41B
+2.2%+1.3%
Jan 29, 2026$0.92
est $0.83
+10.8%$4.71B
est $4.62B
+1.9%+25.4%
Oct 16, 2025$0.83
est $0.82
+1.2%$4.63B
est $4.64B
−0.1%−11.3%
Jul 17, 2025$0.78
est $0.69
+13.0%$4.52B
est $4.34B
+4.0%+0.3%
Apr 17, 2025$0.44
est $0.52
−15.4%$698.3M
est $4.26B
−83.6%−19.3%
Jan 30, 2025$1.02
est $1.01
+1.0%$755.1M
est $4.00B
−81.1%−0.3%
Oct 17, 2024$1.29
est $1.28
+0.8%$4.53B
est $4.51B
+0.4%−12.2%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

ManpowerGroup stock forecast and analyst price targets

Analysts’ average 12-month price target for ManpowerGroup is $57.33, +11.8% from the last close, from 8 firms rating the stock in the last 90 days.

$57.33consensus 12-month target, +11.8% from the last close
Low $30High $72
Buy3
Hold5
Sell0

Each firm’s latest rating in the last 90 days: 8 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 9BMO CapitalBuy, maintained$63+22.8%
Sep 22William BlairHold, maintained——
Jul 17Truist FinancialHold, reiterated$50−2.5%
Jul 17BMO CapitalBuy, maintained$63+22.8%
Jul 17Goldman SachsHold, maintained$57+11.1%
+0.5%average 20-day move after past Accumulation readings
−4.7%average move over the next 20 trading days in the last 5 years
±4.6%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

ManpowerGroup seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, ManpowerGroup averaged −4.7% across the last 5 years, rising in 1 of them.

Next 20 trading days, by year

−7.8%2021+17.1%2022−1.5%2023−6.9%2024−24.5%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+0.5%3 of 5
Next 10 trading days−5.9%1 of 5
Next 15 trading days−5.9%1 of 5
Next 20 trading days−4.7%1 of 5
Next 30 trading days−4.0%2 of 5

For scale, MAN’s typical 20-trading-day move in either direction is about 5.8%.

ManpowerGroup market cap and key statistics

ManpowerGroup’s market cap is $2.39B, with a P/E ratio of 24.6 and revenue of $18.72B over the last twelve months.

Valuation

Market cap
$2.39B
P/E ratio
24.6
Forward P/E
11.8
EPS, TTM
$2.21
Gekko Fair Value
$79.86

Trading

Volume
868,660
Avg volume, 20 days
856,968
52-week high
$63.88
52-week low
$25.15
Shares outstanding
46.51M

Financials

Revenue, TTM
$18.72B
Profit margin
0.6%
Return on equity
5.1%
Quarterly earnings growth, YoY
−58.2%

Risk and income

Beta
0.67
Typical daily move
±4.6%
Typical 20-day move
±5.8%
Dividend yield
2.72%

ManpowerGroup peers

ManpowerGroup’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
KFYKorn Ferry−0.8%Accumulation21.2% below
RHIRobert Half+2.3%Accumulation10.6% below
AMNAMN Healthcare Services−1.6%Neutral33.5% below
UPWKUpwork−0.1%Neutral43.3% below
KFRCKforce−1.0%Accumulation4.5% above
BBSIBarrett Business Services−0.6%Accumulation3.7% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

ManpowerGroup stock FAQ

What is ManpowerGroup’s market cap?

ManpowerGroup’s market cap is $2.39B at the Oct 12, 2026 close of $51.29, with 46.51M shares outstanding. The shares trade on a P/E ratio of 24.6.

What is the ManpowerGroup stock forecast?

The consensus analyst 12-month price target for ManpowerGroup is $57.33, +11.8% from the last close. Of the 8 firms that rated the stock in the last 90 days, 3 rate it a buy, 5 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is ManpowerGroup stock overvalued or undervalued?

On Gekko’s estimate ManpowerGroup is undervalued: the Oct 12, 2026 close of $51.29 is 35.8% below Gekko Fair Value of $79.86. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does ManpowerGroup report earnings next?

ManpowerGroup is expected to report on Oct 15, 2026, before the market opens (3 days away). Analysts expect earnings of $1.01 per share on revenue of $4.85B. ManpowerGroup beat the earnings estimate in 7 of its last 8 reports, moving 13% on average across the report.

What is ManpowerGroup’s 52-week high and low?

ManpowerGroup’s 52-week high is $63.88 and its 52-week low is $25.15; it closed at $51.29 on Oct 12, 2026, +31.1% over the past year. Over the last five years the shares peaked at $115.54 on Feb 16, 2022.

Is ManpowerGroup stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and fair value), 1 as mixed (trend) and 2 as headwinds (earnings risk and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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