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ManpowerGroup Inc.

MAN · NYSE

Market closed$52.34$0.690000 (+1.34%)After hours $52.13 · -0.40%

Key statistics

Previous close$51.65
Open$53.43
Day high$55.62
Day low$51.30
52-week high$55.70
52-week low$25.15
Market cap2.43B
Volume2.83M
Average volume1.19M
P/E ratio17.22
Forward P/E9.15
EPS3.04
Dividend yield+2.75%

Market context

Why it moved

ManpowerGroup's stock moved higher after the company reported better-than-expected Q2 earnings and revenue, issued an optimistic Q3 guidance, and received multiple analyst price target upgrades, including BMO Capital Markets raising its target to $63 with an "outperform" rating.

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What is happening

Recent company-specific developments and publisher coverage.

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

July 6, 2026ManpowerGroup edged lower as a cooling U.S. labor market cast a shadow over staffing and employment services stocks. June nonfarm payrolls came in at just 57,000—well below expectations—alongside upward revisions to prior months that still reflected decelerating hiring, putting pressure on companies tied closely to workforce demand. A StockStory analysis highlighted ManpowerGroup's vulnerability to AI-driven layoffs and softer hiring trends, even as the stock's 27% six-month rally has significantly outpaced the S&P 500; the Industrials ETF (XLI) also dipped roughly 1% on the session amid a broader rotation away from industrials into tech.

-0.9023

Seeking Alpha · July 19, 2026ManpowerGroup: The Recovery Can Now Support Earnings Growth (Rating Upgrade) (NYSE:MAN)The Business Journals · July 18, 2026ManpowerGroup revenue increases 8% as temporary staffing surgesSimply Wall Street · July 18, 2026Is ManpowerGroup (MAN) Expensive On Strong Q2 Earnings And Third Quarter Guidance?Benzinga · 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 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
Benzinga · July 17, 2026Baird Maintains Outperform on ManpowerGroup, Raises Price Target to $72

Peers

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