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Bentley Systems Inc

Bentley Systems Inc Stock Forecast & Price Prediction

Live Bentley Systems Inc Stock (BSY) Price
$49.58

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$49.58

P/E Ratio

45.17

Volume Traded Today

$900,304

Dividend

$0.06

52 Week High/low

57.19/43.82

Bentley Systems Inc Market Cap

$15.70B

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BSY Summary

The Bentley Systems Inc (BSY) share price is expected to increase by 21.78% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered BSY. Price targets range from $50 at the low end to $64 at the high end. The current analyst consensus for BSY is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

BSY Analyst Ratings

About 0 Wall Street analysts have assigned BSY 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Bentley Systems Inc to perform worse than 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.

BSY stock forecast by analyst

These are the latest 20 analyst ratings of BSY.

Analyst/Firm

Rating

Price Target

Change

Date

Clarke Jeffries
Piper Sandler

Overweight

$63

Reiterates

Aug 7, 2024
Kash Rangan
Goldman Sachs

Neutral

$50

Maintains

Aug 7, 2024
Blair Abernethy
Rosenblatt

Buy

$62

Maintains

Aug 7, 2024
Matthew Hedberg
RBC Capital

Outperform

$61

Reiterates

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
Clarke Jeffries
Piper Sandler

Overweight

$60

Reiterates

Aug 10, 2023
Gal Munda
Wolfe Research

Peer Perform


Downgrade

Aug 9, 2023
Kristen Owen
Oppenheimer

Outperform

$64

Maintains

Aug 9, 2023
Blair Abernethy
Rosenblatt

Neutral

$50

Maintains

Aug 9, 2023

BSY Company Information

  • Business Model: The company operates on a subscription-based model, offering tiered pricing plans to cater to different customer needs.
  • Products/Services: The company provides cloud-based software solutions designed to streamline business operations and enhance productivity.
  • Target Market: Small to medium-sized enterprises (SMEs) looking for scalable and cost-effective business management tools.
  • Unique Selling Proposition: The software is known for its user-friendly interface and seamless integration with other popular business applications.
  • Customer Support: Offers 24/7 customer support through multiple channels including chat, email, and phone.
  • Additional Features: Regular updates and enhancements based on customer feedback and technological advancements.
  • Growth Strategy: Focused on expanding its market reach through strategic partnerships and continuous innovation.
BSY
Bentley Systems Inc (BSY)

When did it IPO

2020

Staff Count

5,200

Country

United States

Sector/Industry

Technology/Software—Application

CEO

Mr. Gregory S. Bentley

Market Cap

$15.70B

Bentley Systems Inc (BSY) Financial Data

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

$801.5M

Revenue From 2021

$965.0M

20.40 %
From Previous Year

Revenue From 2022

$1.10B

13.89 %
From Previous Year

Revenue From 2023

$1.23B

11.77 %
From Previous Year
  • Revenue TTM $1.29B
  • Operating Margin TTM 25.1%
  • Gross profit TTM $962.3M
  • Return on assets TTM 5.8%
  • Return on equity TTM 46.1%
  • Profit Margin 29.2%
  • Book Value Per Share 3.13%
  • Market capitalisation $15.70B
  • Revenue for 2021 $965.0M
  • Revenue for 2022 $1.10B
  • Revenue for 2023 $1.23B
  • EPS this year (TTM) $1.15

Bentley Systems Inc (BSY) Latest News

News Image

Thu, 05 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Bentley Systems, Incorporated has declared a dividend for the third quarter of 2024.

Why It Matters - Bentley Systems' dividend declaration signals financial stability and profitability, potentially boosting investor confidence and indicating a commitment to returning value to shareholders.

News Image

Fri, 06 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Bentley Systems has acquired 3D geospatial company Cesium, enhancing its capabilities in geospatial data and technology.

Why It Matters - Bentley Systems' acquisition of Cesium enhances its geospatial capabilities, potentially driving growth and innovation, which could positively impact its stock value and market position.

News Image

Thu, 15 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Bentley Systems announced the finalists for the 2024 Going Digital Awards, recognizing the exceptional contributions of its global users.

Why It Matters - The Going Digital Awards highlight Bentley Systems' innovative user base, showcasing potential growth and industry leadership, which can positively impact the company's stock performance.

News Image

Tue, 06 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Bentley Systems, Inc. (Nasdaq: BSY) reported its second-quarter results for the period ending June 30, 2024. Further details on performance are forthcoming.

Why It Matters - Quarterly results indicate Bentley Systems' financial health and growth potential, influencing stock performance and investor sentiment.

News Image

Tue, 06 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Bentley Systems (BSY) reported Q3 earnings of $0.31 per share, surpassing the Zacks estimate of $0.24 and up from $0.24 per share year-over-year.

Why It Matters - Bentley Systems' earnings beat expectations and showed year-over-year growth, indicating strong performance and potential for future profitability, which can positively influence stock prices.

News Image

Tue, 06 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Bentley Systems (BSY) reported revenue and EPS for Q2 2024, with key metrics to be compared against Wall Street estimates and year-ago figures for a comprehensive performance assessment.

Why It Matters - Comparing Bentley Systems' revenue and EPS with Wall Street estimates and prior year figures helps gauge performance trends, impacting stock valuation and investor sentiment.

...

BSY Frequently asked questions

The highest forecasted price for BSY is $64 from Kristen Owen at Oppenheimer.

The lowest forecasted price for BSY is $50 from Joe Vruwink from Baird

The BSY analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.