ManpowerGroup Analysts Boost Their Forecasts After Strong Q2 Results

Benzinga07-17

ManpowerGroup Inc. (NYSE:MAN) on Thursday reported upbeat second-quarter results and issued third-quarter earnings guidance above expectations.

Adjusted earnings were 99 cents per share, topping analysts’ consensus estimate of 95 cents. Revenue rose 8% year over year to $4.86 billion, or 6% in constant currency, exceeding estimates of $4.72 billion.

For the third quarter, ManpowerGroup forecast diluted earnings of 96 cents to $1.06 per share, including an estimated 2-cent unfavorable currency impact. The guidance compares with analysts’ consensus estimate of 88 cents per share. The company expects approximately 6% organic, days-adjusted constant-currency revenue growth and an effective tax rate of about 44%.

ManpowerGroup shares jumped 32.4% to close at $51.65 on Thursday.

These analysts made changes to their price targets on ManpowerGroup following earnings announcement.

Baird analyst Mark Marcon maintained the stock with an Outperform rating and raised the price target from $45 to $72.
UBS analyst Joshua Chan maintained the stock with a Neutral and raised the price target from $41 to $55.

Considering buying MAN stock? Here’s what analysts think:

Photo via Shutterstock

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Revenue rose 8% year over year to $4.86 billion, or 6% in constant currency, exceeding estimates of $4.72 billion.</p>\n<p>For the third quarter, ManpowerGroup forecast diluted earnings of 96 cents to $1.06 per share, including an estimated 2-cent unfavorable currency impact. The guidance compares with analysts’ consensus estimate of 88 cents per share. The company expects approximately 6% organic, days-adjusted constant-currency revenue growth and an effective tax rate of about 44%.</p>\n<p>ManpowerGroup shares jumped 32.4% to close at $51.65 on Thursday.</p>\n<p>These analysts made changes to their price targets on ManpowerGroup following earnings announcement.</p>\n<ul>\n<li>Baird analyst Mark Marcon maintained the stock with an Outperform rating and raised the price target from $45 to $72.</li>\n<li>UBS analyst Joshua Chan maintained the stock with a Neutral and raised the price target from $41 to $55.</li>\n</ul>\n<p><strong>Considering buying MAN stock? Here’s what analysts think:</strong></p>\n<figure><img decoding=\"async\" height=\"449\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/17080841/image-497-1024x449.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/17080841/image-497-1024x449.png 1024w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/17080841/image-497-300x132.png 300w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/17080841/image-497-768x337.png 768w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/17080841/image-497.png 1201w\" width=\"1024\"/></figure>\n<p><em>Photo via Shutterstock</em></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2517655291.USD","symbol_name":"WELLINGTON NEXT GENERATION EDUCATION \"A\" (USD) ACC","start_time":0,"source_url":"https://www.benzinga.com/analyst-stock-ratings/price-target/26/07/60520262/manpowergroup-analysts-boost-their-forecasts-after-strong-q2-results","article_id":"2652528814","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2652528814","pubTimestamp":1784290204,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"\nManpowerGroup Inc. 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(NYSE:MAN) on Thursday reported upbeat second-quarter results and issued third-quarter earnings guidance above expectations.\nAdjusted earnings were 99 cents per share, topping analysts’ consensus estimate of 95 cents. Revenue rose 8% year over year to $4.86 billion, or 6% in constant currency, exceeding estimates of $4.72 billion.\nFor the third quarter, ManpowerGroup forecast diluted earnings of 96 cents to $1.06 per share, including an estimated 2-cent unfavorable currency impact. The guidance compares with analysts’ consensus estimate of 88 cents per share. 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