The Bentley Systems Inc (BSY) share price is expected to increase by 21.96% over the next year. This is based on calculating the average 12-month share price estimate provided by 15 stock analysts who have covered BSY. Price targets range from $45 at the low end to $65 at the high end. The current analyst consensus for BSY is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 15 Wall Street analysts have assigned BSY 10 buy ratings, 4 hold ratings, and 1 sell ratings. This means that analysts expect Bentley Systems Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BSY. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of BSY.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Alexei Gogolev JP Morgan | Neutral | $52 | Initiates | Dec 9, 2024 |
Blair Abernethy Rosenblatt | Buy | $62 | Maintains | Nov 8, 2024 |
Clarke Jeffries Piper Sandler | Overweight | $65 | Maintains | Nov 8, 2024 |
Blair Abernethy Rosenblatt | Buy | $62 | Maintains | Sep 16, 2024 |
Blair Abernethy Rosenblatt | Buy | $62 | Maintains | Aug 7, 2024 |
Matthew Hedberg RBC Capital | Outperform | $61 | Reiterates | Aug 7, 2024 |
Clarke Jeffries Piper Sandler | Overweight | $63 | Reiterates | Aug 7, 2024 |
Kash Rangan Goldman Sachs | Neutral | $50 | Maintains | Aug 7, 2024 |
Matthew Broome Mizuho | Buy | $60 | Maintains | May 8, 2024 |
Clarke Jeffries Piper Sandler | Overweight | $63 | Reiterates | May 8, 2024 |
Blair Abernethy Rosenblatt | Buy | $60 | Maintains | Apr 30, 2024 |
Dylan Becker William Blair | Outperform | Initiates | Mar 28, 2024 | |
Clarke Jeffries Piper Sandler | Overweight | $60 | Reiterates | Mar 11, 2024 |
Matthew Hedberg RBC Capital | Outperform | $61 | Reiterates | Feb 28, 2024 |
Clarke Jeffries Piper Sandler | Overweight | $60 | Reiterates | Feb 28, 2024 |
Blair Abernethy Rosenblatt | Buy | $60 | Upgrade | Feb 26, 2024 |
Joe Vruwink Baird | Outperform | $59 | Maintains | Feb 6, 2024 |
Jason Celino Keybanc | Overweight | $62 | Maintains | Nov 8, 2023 |
Clarke Jeffries Piper Sandler | Overweight | $60 | Reiterates | Nov 8, 2023 |
Matthew Hedberg RBC Capital | Outperform | $61 | Maintains | Nov 8, 2023 |
When did it IPO
2020
Staff Count
5,200
Country
United States
Sector/Industry
Technology/Software - Application
CEO
Mr. Nicholas H. Cumins
Market Cap
$14.70B
In 2023, BSY generated $1.23B in revenue, which was a increase of 11.77% from the previous year. This can be seen as a signal that BSY's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Investors should monitor Bentley Systems (BSY) stock due to recent activity in the options market.
Why It Matters - Increased activity in Bentley Systems' options market may signal potential volatility or significant price movement, prompting investors to reassess their positions and strategies.
Summary - Bentley Systems declared a $0.06 per share dividend for Q4 2024, payable on December 12, 2024, to shareholders of record as of December 3, 2024.
Why It Matters - The declaration of a dividend signals financial stability and profitability, enhancing shareholder value and attracting income-focused investors to Bentley Systems.
Summary - Bentley Systems (NASDAQ: BSY) will hold its Q3 2024 earnings conference call on November 7, 2024, at 8:15 AM ET, featuring key executives and analysts from various firms.
Why It Matters - The earnings call provides insights into Bentley Systems' financial performance and future outlook, influencing stock valuation and investor sentiment.
Summary - Bentley Systems, Inc. reported its third-quarter results for the period ending September 30, 2024. Further details on performance are available in the full report.
Why It Matters - Bentley Systems' Q3 results can impact stock performance, reflecting financial health and growth potential, influencing investor sentiment and future valuation.
Summary - Bentley Systems (BSY) reported its revenue and EPS for Q3 2024, which should be evaluated against Wall Street estimates and year-over-year performance for a comprehensive analysis.
Why It Matters - Comparing Bentley Systems' revenue and EPS to Wall Street estimates and previous year figures provides insights into growth trends and market expectations, impacting stock valuation and investment decisions.
Summary - Bentley Systems (BSY) reported Q3 earnings of $0.24 per share, missing the $0.25 estimate but up from $0.22 a year earlier.
Why It Matters - Bentley Systems' earnings miss signals potential weakness in performance, which may affect investor confidence and stock valuation. Year-over-year growth is positive but below expectations.