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BSY Stock Chart & Stats
$36.94
$2.31(7.36%)
At close: 4:00 PM EDT
$36.94
$2.31(7.36%)
Day’s Range― - ―
52-Week Range$28.08 - $52.85
Previous Close$34
Volume3.34M
Average Volume (3M)2.55M
Market Cap
$11.10B
Enterprise Value$10.65B
Total Cash (Recent Filing)$146.98M
Total Debt (Recent Filing)$1.27B
Price to Earnings (P/E)38.4
Beta0.62
Next Earnings
Nov 05, 2026EPS Estimate
0.33Next Dividend Ex-DateN/A
Dividend Yield0.76%
Share Statistics
EPS (TTM)0.92
Shares Outstanding290,577,760
10 Day Avg. Volume2,357,603
30 Day Avg. Volume2,551,151
Financial Highlights & Ratios
PEG Ratio2.50
Price to Book (P/B)10.10
Price to Sales (P/S)8.00
P/FCF Ratio23.09
Enterprise Value/Market Cap0.96
Enterprise Value/Revenue6.65
Enterprise Value/Gross Profit8.13
Enterprise Value/Ebitda22.21
Forecast
1Y Price Target
$44.33Price Target Upside20.01% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)1.4
Revenue Forecast (FY)$1.70B
Bulls Say, Bears Say
Bulls Say
Recurring Revenue GrowthBentley’s recurring revenue model is expanding at a healthy double-digit rate, while subscriptions dominate the revenue base. This improves visibility, supports durable customer relationships, and gives the company a strong foundation for continued cross-selling and compounding growth.
Retention And Customer ExpansionVery high account retention indicates that Bentley’s software is embedded in important infrastructure workflows, while net revenue retention above 100% shows expansion within the installed base. This combination supports predictable revenue and lowers dependence on constant new-customer acquisition.
Profitability And Cash GenerationThe company converts strong software economics into substantial cash generation, with free cash flow close to net income and high gross margins. This provides capacity to fund product investment, reduce debt, repurchase shares, and maintain resilience across infrastructure spending cycles.
Bears Say
Meaningful LeverageAlthough leverage has improved, debt remains material relative to equity for a software company. This reduces financial flexibility if growth slows or financing conditions tighten, and it competes with product investment, acquisitions, shareholder returns, and other capital allocation priorities.
Delayed AI MonetizationBentley is advancing its infrastructure AI initiative, but management is deliberately prioritizing adoption and validation before charging customers. The delayed monetization timeline means AI may require continued investment without contributing meaningful revenue in the next several quarters.
Investment-Driven Margin PressureFront-loaded investments in enterprise finance and Quote-to-Cash platforms have already reduced first-half margins versus the prior year. While these initiatives may improve scalability later, they create near-term execution demands and could limit margin expansion over the next few quarters.
Bentley Systems News
BSY FAQ
What was Bentley Systems’s price range in the past 12 months?
Bentley Systems lowest stock price was $28.08 and its highest was $52.85 in the past 12 months.
What is Bentley Systems’s market cap?
Bentley Systems’s market cap is $11.10B.
When is Bentley Systems’s upcoming earnings report date?
Bentley Systems’s upcoming earnings report date is Nov 05, 2026 which is in 16 days.
How were Bentley Systems’s earnings last quarter?
Bentley Systems released its earnings results on Aug 06, 2026. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.316 by $0.034.
Is Bentley Systems overvalued?
According to Wall Street analysts Bentley Systems’s price is currently Undervalued.
Does Bentley Systems pay dividends?
Bentley Systems pays a Quarterly dividend of $0.07 which represents an annual dividend yield of 0.76%. See more information on Bentley Systems dividends here
What is Bentley Systems’s EPS estimate?
Bentley Systems’s EPS estimate is 0.33.
How many shares outstanding does Bentley Systems have?
Bentley Systems has 290,577,760 shares outstanding.
What happened to Bentley Systems’s price movement after its last earnings report?
Bentley Systems reported an EPS of $0.35 in its last earnings report, beating expectations of $0.316. Following the earnings report the stock price went down -1.888%.
Which hedge fund is a major shareholder of Bentley Systems?
Currently, no hedge funds are holding shares in BSY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Bentley Systems Stock Smart Score
Neutral
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10
Analyst Consensus
Strong Buy
Average Price Target:
$44.33 (20.01% Upside)
$44.33 (20.01% Upside)
Blogger Sentiment
Bullish
BSY Sentiment 80%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 765.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 0.8%
Last 30 Days ▼ 0.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-27.85%
12-Months-Change
Fundamentals
Return on Equity
24.10%
Trailing 12-Months
Asset Growth
4.66%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Bentley Systems
Bentley Systems, Inc., along with its affiliated companies, delivers specialized software solutions for infrastructure engineering across a global footprint, encompassing the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. Its offerings encompass open modeling and simulation software for integrated infrastructure design, featuring tools such as MicroStation, OpenRoads, OpenRail, OpenPlant, OpenBuildings, OpenBridge, OpenSite, OpenFlows, STAAD and RAM, SACS, MOSES, AutoPIPE, SITEOPS, CUBE, DYNAMEQ, EMME, and LEGION. Additionally, it provides geoprofessional applications specifically for modeling and simulating near and deep subsurface environments, including Leapfrog, AGS Workbench, GeoStudio, Imago, MX Deposit, Oasis montaj, PLAXIS, and OpenGround. Bentley Systems further supplies project delivery platforms engineered to foster collaboration, facilitate work-sharing, and enable 4D construction modeling for entities managing infrastructure projects; these include ProjectWise, ProjectWise Design Review Service, and SYNCHRO. The firm also furnishes systems for optimizing asset and network performance, such as AssetWise ALIM, AssetWise Asset Reliability, AssetWise Enterprise Interoperability, AssetWise 4D Analytics, AssetWise Linear, and Seequent Central. Moreover, a range of specialized industry solutions is available, consisting of AssetWise Linear SUPERLOAD, AssetWise Linear Analytics, AssetWise Inspections, ContextCapture, OpenCities, OpenUtilities, OpenTower, OpenWindPower, Power Line, SPIDA, OrbitGT, sensemetrics, PlantSight, and WaterSight. Its diverse clientele spans a broad spectrum of professionals, including civil, structural, geotechnical, and geoscience engineers, architects, geospatial experts, urban and regional planners, as well as contractors, fabricators, and operations and maintenance personnel. Established in 1984, Bentley Systems, Inc. maintains its primary corporate office in Exton, Pennsylvania.
BSY Company Deck
BSY Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial story: solid recurring revenue and ARR growth (ARR +12% YoY CC), high retention (NRR 109%), improving free cash flow (LTM FCF $498M), and strong momentum in strategic areas like PLS and resources. Management emphasized disciplined capital allocation (share repurchases, debt reduction) and significant progress on the infrastructure AI initiative (multiple MCP servers released, open model strategy). Lowlights were largely timing, macro and execution-related (China/geopolitics, FX headwinds, front-loaded investments, lumpy Asset Analytics monetization and the deliberate delay to monetize AI until validated). Overall, positive fundamentals and clear strategic initiatives outweigh near-term risks and timing effects.View all BSY earnings summariesBSY Stock 12 Month Forecast
Average Price Target
$44.33
▲(20.01% Upside)
Technical Analysis
Ownership Overview
18.72% Insiders
12.32% Mutual Funds
0.32% Other Institutional Investors
53.60% Public Companies and
Individual Investors