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.
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.
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 |
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
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 - 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.
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.
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.
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.
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.
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.