Bentley Systems, Incorporated

Bentley Systems, Incorporated

BSYยทNASDAQ

$32.62

-7.4%
TechnologySoftware - Application

Bentley Systems, Incorporated, together with its subsidiaries, provides infrastructure engineering software solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers open modeling and open simulation applications for infrastructure design integration, which include MicroStation, OpenRoads, OpenRail, OpenPlant, OpenBuildings, OpenBridge, OpenSite, OpenFlows, STAAD and RAM, SACS, MOSES, AutoPIPE, SITEOPS, CUBE, DYNAMEQ, EMME, and LEGION; and geoprofessional applications for modeling and simulation of near and deep subsurface conditions, including Leapfrog, AGS Workbench, GeoStudio, Imago, MX Deposit, Oasis montaj, PLAXIS, and OpenGround. It also provides project delivery systems that support collaboration, work-sharing, and 4D construction modeling for infrastructure project delivery enterprises, such as ProjectWise, ProjectWise Design Review Service, and SYNCHRO; and asset and network performance systems, such as AssetWise ALIM, AssetWise Asset Reliability, AssetWise Enterprise Interoperability, AssetWise 4D Analytics, AssetWise Linear, and Seequent Central. In addition, it offers industry solutions comprising AssetWise Linear SUPERLOAD, AssetWise Linear Analytics, AssetWise Inspections, ContextCapture, OpenCities, OpenUtilities, OpenTower, OpenWindPower, Power Line, SPIDA, OrbitGT, sensemetrics, PlantSight, and WaterSight. The company serves civil, structural, geotechnical, geoscience subsurface engineers, architects, geospatial professionals, city and regional planners, contractors, fabricators, and operations and maintenance engineers. Bentley Systems, Incorporated was incorporated in 1984 and is headquartered in Exton, Pennsylvania.

At a Glance

Live Snapshot
Market Cap$9.53B
EPS0.8800
P/E Ratio37.07
Earnings Date08/05/2026
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Bentley Systems, Incorporated Street Expectations Map

BSY ยท NASDAQ

Wall Street analysts project that BSY stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 47.57, with estimates ranging from a low of 40.00 to a high of 55.00.

Lowest Target
40.00
22.62%
Consensus Target
47.57
45.83%
Highest Target
55.00
68.61%

The consensus 1-year price target stands at 47.57, with estimates ranging from a low of 40.00 to a high of 55.00.

Analyst Consensus Analysis

Upside Potential

+45.8%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

31.5% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Bentley Systems, Incorporated Forward Estimates of Revenue

BSY ยท NASDAQ
Latest Revenue
1.50B
FY 2025
Avg Estimate
1.64B
FY 2026
Estimate Range
1.61B - 1.65B
Analyst Spread

Forward Growth Analysis

Projected Growth+9.5%

Moderate growth expected, typical for mature businesses with stable market positions.

Analyst Coverage11 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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Bentley Systems, Incorporated Forward Estimates of Net Income

BSY ยท NASDAQ
Latest Net Income
277.86M
FY 2025
Avg Estimate
453.97M
FY 2026
Estimate Range
430.94M - 477.00M
Analyst Spread

Forward Growth Analysis

Projected Growth+63.4%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage11 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread10%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Bentley Systems, Incorporated Forward Estimates of EPS

BSY ยท NASDAQ
Latest EPS
0.88
FY 2025
Avg Estimate
$1.34
FY 2026
Estimate Range
$1.29 - $1.43
Analyst Spread

Forward Growth Analysis

Projected Growth+52.3%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage8 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread10%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Bentley Systems, Incorporated Forward Estimates of EBIT

BSY ยท NASDAQ
Latest EBIT
363.17M
FY 2025
Avg Estimate
315.61M
FY 2026
Estimate Range
309.84M - 317.54M
Analyst Spread

Forward Growth Analysis

Projected Growth-13.1%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage11 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Bentley Systems, Incorporated Forward Estimates of EBITDA

BSY ยท NASDAQ
Latest EBITDA
429.05M
FY 2025
Avg Estimate
399.88M
FY 2026
Estimate Range
392.57M - 402.32M
Analyst Spread

Forward Growth Analysis

Projected Growth-6.8%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage11 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Bentley Systems, Incorporated Forward Estimates of SG&A Expense

BSY ยท NASDAQ
Latest SG&A Expense
506.88M
FY 2025
Avg Estimate
578.72M
FY 2026
Estimate Range
568.13M - 582.25M
Analyst Spread

Forward Growth Analysis

Projected Growth+14.2%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage11 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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Bentley Systems, Incorporated Insider Positioning

BSY ยท NASDAQ

During the last 12 months, insiders have sold $42.10M worth of BSY shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

100

4.00K

Net Activity

-4K

-$4K

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

560

24.09K

Net Activity

-24K

-$24K

9-12 Months

Bought

0

0.00

Sold

829.8K

42.07M

Net Activity

-42.1M

-$42.07M

Top Buyers

No buying activity

Top Sellers

1
BRB

Bentley Raymond B.

Director, 10 Percent Owner:

752.7K sharesโ€ข4 transactions

$37.79M

2
SDR

Shaman David R.

Officer: Chief Legal Officer

39.9K sharesโ€ข4 transactions

$2.23M

3
BGS

Bentley Gregory S

Director, 10 Percent Owner, Officer: Executive Chair & President

37.3K sharesโ€ข2 transactions

$2.04M

4
TTF

Trimback Thomas F

Officer: Chief Accounting Officer

560 sharesโ€ข1 transactions

$24K

5
BKA

Bentley Keith A.

Director, 10 Percent Owner:

100 sharesโ€ข1 transactions

$6K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $42.10M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$4K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.