ManpowerGroup Inc.

MAN · NYSE

Market closed$53.12$0.780000 (+1.49%)After hours $53.11 · -0.02%

Key statistics

Previous close$52.34
Open$51.93
Day high$54.05
Day low$51.16
52-week high$55.70
52-week low$25.15
Market cap2.47B
Volume1.45M
Average volume1.19M
P/E ratio17.47
Forward P/E9.29
EPS3.04
Dividend yield+2.70%

Market context

Why it moved

ManpowerGroup (MAN) shares moved higher as rising oil prices driven by escalating U.S.-Iran military conflict and a near-halt in Strait of Hormuz tanker traffic boosted energy sector sentiment, while Wall Street attempted to snap a two-session losing streak amid a broadly mixed market open.

What is happening

Recent company-specific developments and publisher coverage.

July 20, 2026ManpowerGroup is trading modestly higher, continuing to build on its massive post-earnings surge after the global staffing giant delivered a blowout Q2 beat last week. The company swung to a net income of $53.5M from a year-ago loss, with revenues rising 7.5% to $4.86B and adjusted EPS of $0.99 topping estimates by 4 cents. Q3 EPS guidance of $0.96–$1.06 also came in well above the $0.88 consensus, fueling a 32% single-day rally on July 16. Today, Barclays raised its price target from $30 to $47 (maintaining Equal-Weight), adding to a wave of analyst upgrades post-earnings from Baird ($72 target, Outperform), UBS ($55, Neutral), Argus ($60), and Truist ($50, Hold). A Seeking Alpha upgrade to Buy this weekend cited five consecutive quarters of growth and noted the recovery can now support sustained earnings expansion. The industrials sector ETF (XLI) is trading notably softer today, weighed by broader market caution around Middle East tensions and a tech-driven rotation, making ManpowerGroup's relative resilience a standout within the sector.

1.4903

July 17, 2026ManpowerGroup surged over 32% — its largest single-day gain in recent memory — after delivering a decisive Q2 2026 earnings beat, with revenue of $4.86 billion (+7.5% YoY) topping estimates by 2.9% and GAAP EPS of $1.13 crushing the $0.83 consensus by 37%. The company swung from a $67M net loss a year ago to $53.5M in net earnings, while Q3 EPS guidance of $0.96–$1.06 also cleared analyst expectations. The outsized rally was amplified by a short squeeze, as nearly 20% of the public float was sold short heading into results. CEO Jonas Prising cited strong demand across the US, Latin America, and select European markets, ongoing cost discipline, and AI-driven efficiency gains — including partnerships with SoundHound and IBM WatsonX — as key drivers, while a $200M cost-savings transformation program through 2028 added to the bullish tone.

32.368

July 16, 2026ManpowerGroup closed modestly lower ahead of its Q2 earnings report due Thursday before market open, with the stock slipping further in after-hours trading. Investor sentiment was shaped by a busy day of analyst activity: UBS raised its price target to $41 from $33 (maintaining Neutral), citing improving core trends in the U.S. and France and a sustainable return to organic growth, while cautioning that Q3 guidance could fall short of consensus due to FX headwinds and the Jefferson Wells divestiture. Jefferies, meanwhile, cut its H2 2026 estimates, trimming Q3 and Q4 revenue and margin forecasts on ongoing weakness in labor demand data and FX adjustments, maintaining a Hold with a $37 target. Consensus expects Q2 EPS of $0.96 on $4.68B in revenue.

-0.4084

July 15, 2026ManpowerGroup shares fell sharply, underperforming the broader market as investors weighed pre-earnings pressure ahead of the company's upcoming Q2 report. Despite UBS raising its price target to $41 from $33 (while maintaining a Neutral rating), citing improving regional trends, the stock sold off amid skepticism about whether the recent rally was warranted — a concern echoed in a Seeking Alpha piece from July 11. Wall Street consensus expects Q2 EPS of $0.96 and revenue of $4.68B, with the key catalyst being European margin recovery and the key risk being AI-driven erosion of traditional staffing demand.

-3.5451

July 10, 2026ManpowerGroup shares rallied, significantly outperforming both the industrials sector (XLI) and the broader S&P 500, as investors positioned ahead of the company's Q2 earnings report due July 16, where analysts expect EPS of $0.95 — up from $0.78 a year ago. Sentiment was further supported by the company's Experis unit launching ExcelerateWorkflow, an AI-powered workflow offering built with IBM watsonx Orchestrate, signaling ManpowerGroup's pivot toward high-value AI workforce solutions amid an industry shift where AI-related job postings surged 95% in H1 2026 while overall postings fell 16%.

3.3093

July 10, 2026ManpowerGroup closed modestly lower as the staffing sector navigated a challenging backdrop of cooling labor demand, geopolitical-driven inflation fears, and AI disruption concerns. With Q2 earnings due July 16, investors are weighing the company's ability to capitalize on surging demand for AI-specialized talent — AI-related job postings rose 95% in H1 2026 while overall postings fell 16% — against macro headwinds including rising oil prices from renewed U.S.-Iran hostilities and a softening broader hiring environment. Experis' July 8 launch of ExcelerateWorkflow, an AI-powered enterprise solution built with IBM watsonx, signals ManpowerGroup's strategic pivot toward high-value AI workflow services, though Zacks maintains a Hold rating with 2026 EPS consensus of $3.66.

-1.0301

July 9, 2026ManpowerGroup fell nearly 4% as a broad risk-off selloff swept markets after President Trump declared the U.S.-Iran ceasefire 'over,' sending oil prices surging over 5% and stoking inflation fears. The decline hit staffing stocks particularly hard given an already fragile labor market backdrop — cooling job creation, rising AI-driven layoffs, and elevated unemployment around 4.3–4.4% all threaten demand for ManpowerGroup's core staffing and recruitment services. Subsidiary Experis launched its AI-powered ExcelerateWorkflow solution with IBM watsonx Orchestrate, though near-term macro headwinds and a valuation debate — shares trade at ~10x forward P/E after a 27% six-month run — have analysts cautious.

-3.7621

July 7, 2026ManpowerGroup rose over 2% as a Zacks analysis highlighted its 18.5% gain over the past month, sharply outpacing the staffing industry's 8.3% growth, while a separate review noted a 27.1% six-month return exceeding the S&P 500 by nearly 20 percentage points. Despite the strong momentum, some analysts are cautioning that shares now trade at a premium 10.1× forward P/E, with cooling labor market conditions—including slowing job creation and AI-driven layoffs—posing headwinds for staffing demand globally.

2.3413

Seeking Alpha · July 18, 2026ManpowerGroup: The Recovery Can Now Support Earnings Growth (Rating Upgrade) (NYSE:MAN)Simply Wall Street · July 18, 2026Is ManpowerGroup (MAN) Expensive On Strong Q2 Earnings And Third Quarter Guidance?The Business Journals · July 17, 2026ManpowerGroup revenue increases 8% as temporary staffing surgesBenzinga · July 17, 2026ManpowerGroup Analysts Boost Their Forecasts After Strong Q2 ResultsStockStory · July 16, 2026ManpowerGroup’s (NYSE:MAN) Q2 CY2026 Sales Top Estimates, Stock Jumps 12.3%PR Newswire · July 16, 2026ManpowerGroup Reports 2nd Quarter 2026 ResultsQuiver Quantitative · July 16, 2026ManpowerGroup Stock Jumps After Q2 Earnings Beat and Signs of Improving Demand
Benzinga · July 20, 2026Barclays Maintains Equal-Weight on ManpowerGroup, Raises Price Target to $47
Benzinga · July 17, 2026BMO Capital Maintains Outperform on ManpowerGroup, Raises Price Target to $63
Benzinga · July 17, 2026Goldman Sachs Maintains Neutral on ManpowerGroup, Raises Price Target to $57
Mt Newswire · July 17, 2026UBS Adjusts Price Target on ManpowerGroup to $55 From $41, Maintains Neutral Rating
Benzinga · July 17, 2026Truist Securities Maintains Hold on ManpowerGroup, Raises Price Target to $50
Benzinga · July 17, 2026ManpowerGroup Analysts Boost Their Forecasts After Strong Q2 Results
Benzinga · July 17, 2026UBS Maintains Neutral on ManpowerGroup, Raises Price Target to $55
Mt Newswire · July 17, 2026Truist Raises Price Target on ManpowerGroup to $50 From $34, Keeps Hold Rating

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