Bentley Systems (BSY) Stock Forecast, Price Target & Predictions
BSY Stock Forecast
Bentley Systems stock forecast is as follows: an average price target of $53.00 (represents a 9.75% upside from BSY’s last price of $48.29) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
BSY Price Target
The average price target for Bentley Systems (BSY) is $53.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $60.00 to $46.00. This represents a potential 9.75% upside from BSY's last price of $48.29.
BSY Analyst Ratings
According to 5 Wall Street analysts, Bentley Systems's rating consensus is 'Buy'. The analyst rating breakdown for BSY stock is 0 'Strong Buy' (0.00%), 4 'Buy' (80.00%), 0 'Hold' (0.00%), 1 'Sell' (20.00%), and 0 'Strong Sell' (0.00%).
Bentley Systems Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 30, 2024 | Jon Vruwink | Robert W. Baird | $60.00 | $48.57 | 23.53% | 24.25% |
| Aug 10, 2022 | - | Mizuho Securities | $46.00 | $41.09 | 11.95% | -4.74% |
| May 11, 2022 | - | Mizuho Securities | $45.00 | $26.81 | 67.85% | -6.81% |
The latest Bentley Systems stock forecast, released on Jul 30, 2024 by Jon Vruwink from Robert W. Baird, set a price target of $60.00, which represents a 23.53% increase from the stock price at the time of the forecast ($48.57), and a 24.25% increase from BSY last price ($48.29).
Bentley Systems Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $60.00 | $60.00 |
| Last Closing Price | $48.29 | $48.29 | $48.29 |
| Upside/Downside | -100.00% | 24.25% | 24.25% |
In the current month, the average price target of Bentley Systems stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Bentley Systems's last price of $48.29. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 30, 2024 | William Blair | Buy | Buy | Hold |
| Apr 30, 2024 | Sandler O'Neill | Underperform | Underperform | Hold |
| Mar 28, 2024 | Sandler O'Neill | Buy | Buy | Hold |
| Mar 28, 2024 | William Blair | - | Outperform | Initialise |
| Feb 28, 2024 | RBC Capital | Buy | Buy | Hold |
| Feb 28, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Nov 09, 2022 | Goldman Sachs | - | Buy | Upgrade |
| Oct 17, 2022 | Prescience Point | - | Buy | Initialise |
| May 11, 2022 | RBC Capital | Outperform | Outperform | Hold |
| Apr 26, 2022 | Zacks Investment Research | - | Sell | Downgrade |
Bentley Systems's last stock rating was published by William Blair on Apr 30, 2024. The company gave BSY a "Buy" rating, the same as its previous rate.
Bentley Systems Financial Forecast
Bentley Systems Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $310.64M | $306.61M | - | $314.41M | $286.95M | $268.33M | $268.29M | $275.52M | $267.73M | $248.48M | $222.93M | $222.00M | $219.57M | $203.00M |
| Avg Forecast | $439.67M | $420.77M | $410.10M | $426.62M | $392.46M | $376.43M | $366.44M | $374.30M | $353.27M | $339.98M | $325.08M | $340.09M | $313.24M | $299.59M | $295.18M | $298.63M | $280.00M | $271.02M | $267.01M | $268.19M | $262.45M | $247.67M | $213.45M | $215.13M | $212.81M | $197.33M |
| High Forecast | $442.61M | $423.57M | $412.83M | $429.47M | $395.08M | $378.94M | $368.88M | $376.80M | $355.63M | $342.55M | $327.24M | $342.36M | $322.13M | $301.59M | $297.15M | $300.63M | $281.87M | $272.83M | $268.91M | $270.10M | $264.32M | $249.44M | $214.97M | $216.66M | $214.32M | $198.73M |
| Low Forecast | $436.28M | $417.52M | $406.93M | $423.33M | $389.43M | $373.52M | $363.60M | $371.41M | $350.54M | $337.75M | $322.56M | $337.46M | $302.06M | $297.28M | $292.90M | $296.33M | $277.84M | $268.93M | $265.10M | $266.27M | $260.57M | $245.91M | $211.93M | $213.60M | $211.29M | $195.92M |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.02% | - | 1.05% | 1.02% | 0.99% | 1.00% | 1.03% | 1.02% | 1.00% | 1.04% | 1.03% | 1.03% | 1.03% |
Bentley Systems's average Quarter revenue forecast for Mar 24 based on 4 analysts is $340.09M, with a low forecast of $337.46M, and a high forecast of $342.36M. BSY's average Quarter revenue forecast represents a 9.48% increase compared to the company's last Quarter revenue of $310.64M (Dec 23).
Bentley Systems EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $37.77M | $73.68M | - | $84.13M | $60.51M | $74.44M | $75.13M | $84.44M | $49.90M | $-25.38M | $36.90M | $78.76M | $81.78M | $27.70M |
| Avg Forecast | $105.56M | $101.02M | $98.46M | $102.43M | $94.23M | $90.38M | $87.98M | $89.87M | $84.82M | $81.63M | $78.05M | $81.65M | $75.21M | $71.93M | $70.87M | $71.70M | $67.23M | $-23.62M | $64.11M | $71.96M | $63.01M | $59.46M | $51.25M | $59.07M | $51.09M | $19.17M |
| High Forecast | $106.27M | $101.70M | $99.12M | $103.11M | $94.85M | $90.98M | $88.56M | $90.47M | $85.38M | $82.24M | $78.57M | $82.20M | $77.34M | $72.41M | $71.34M | $72.18M | $67.68M | $-18.90M | $64.56M | $86.35M | $63.46M | $59.89M | $51.61M | $70.88M | $51.46M | $23.01M |
| Low Forecast | $104.75M | $100.24M | $97.70M | $101.64M | $93.50M | $89.68M | $87.30M | $89.17M | $84.16M | $81.09M | $77.44M | $81.02M | $72.52M | $71.37M | $70.32M | $71.15M | $66.71M | $-28.35M | $63.65M | $57.57M | $62.56M | $59.04M | $50.88M | $47.25M | $50.73M | $15.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.50% | 1.02% | - | 1.17% | 0.90% | -3.15% | 1.17% | 1.17% | 0.79% | -0.43% | 0.72% | 1.33% | 1.60% | 1.44% |
4 analysts predict BSY's average Quarter EBITDA for Mar 24 to be $81.65M, with a high of $82.20M and a low of $81.02M. This is 116.17% upper than Bentley Systems's previous annual EBITDA (Dec 23) of $37.77M.
Bentley Systems Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $179.59M | $53.03M | - | $45.49M | $25.72M | $37.00M | $55.67M | $56.39M | $42.51M | $-50.13M | $44.91M | $57.01M | $51.93M | $5.84M |
| Avg Forecast | $129.47M | $125.74M | $121.23M | $117.19M | $103.05M | $101.39M | $97.46M | $105.81M | $78.16M | $80.66M | $77.60M | $87.39M | $60.74M | $64.45M | $63.14M | $69.09M | $61.32M | $-46.66M | $57.99M | $48.33M | $57.16M | $54.84M | $48.64M | $42.75M | $51.74M | $4.05M |
| High Forecast | $130.60M | $126.83M | $122.28M | $118.21M | $103.95M | $102.26M | $98.31M | $106.73M | $78.84M | $93.57M | $78.28M | $88.15M | $70.34M | $65.01M | $63.69M | $69.69M | $61.85M | $-37.33M | $58.53M | $58.00M | $57.69M | $55.34M | $49.09M | $51.31M | $52.21M | $4.86M |
| Low Forecast | $128.17M | $124.47M | $120.01M | $116.01M | $102.02M | $100.37M | $96.49M | $104.75M | $77.38M | $77.44M | $76.82M | $86.51M | $54.35M | $63.80M | $62.51M | $68.40M | $60.70M | $-55.99M | $57.46M | $38.67M | $56.63M | $54.33M | $48.18M | $34.20M | $51.26M | $3.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.96% | 0.82% | - | 0.66% | 0.42% | -0.79% | 0.96% | 1.17% | 0.74% | -0.91% | 0.92% | 1.33% | 1.00% | 1.44% |
Bentley Systems's average Quarter net income forecast for Mar 24 is $87.39M, with a range of $86.51M to $88.15M. BSY's average Quarter net income forecast represents a -51.34% decrease compared to the company's last Quarter net income of $179.59M (Dec 23).
Bentley Systems SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $116.07M | $96.44M | - | $103.09M | $105.70M | $79.33M | $77.49M | $91.96M | $87.28M | $168.69M | $79.89M | $65.83M | $64.42M | $74.83M |
| Avg Forecast | $152.89M | $146.31M | $142.60M | $148.35M | $136.47M | $130.90M | $127.42M | $130.16M | $122.84M | $118.22M | $113.04M | $118.26M | $108.92M | $104.18M | $102.64M | $103.84M | $97.37M | $157.01M | $92.85M | $78.82M | $91.26M | $86.12M | $74.22M | $49.37M | $74.00M | $51.81M |
| High Forecast | $153.91M | $147.29M | $143.55M | $149.34M | $137.38M | $131.77M | $128.27M | $131.02M | $123.66M | $119.11M | $113.79M | $119.05M | $112.01M | $104.87M | $103.33M | $104.54M | $98.02M | $188.41M | $93.51M | $94.59M | $91.91M | $86.74M | $74.75M | $59.25M | $74.53M | $62.17M |
| Low Forecast | $151.71M | $145.18M | $141.50M | $147.20M | $135.41M | $129.89M | $126.44M | $129.15M | $121.89M | $117.45M | $112.16M | $117.35M | $105.03M | $103.37M | $101.85M | $103.04M | $96.61M | $125.61M | $92.18M | $63.06M | $90.61M | $85.51M | $73.69M | $39.50M | $73.47M | $41.44M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 0.93% | - | 0.99% | 1.09% | 0.51% | 0.83% | 1.17% | 0.96% | 1.96% | 1.08% | 1.33% | 0.87% | 1.44% |
Bentley Systems's average Quarter SG&A projection for Mar 24 is $118.26M, based on 4 Wall Street analysts, with a range of $117.35M to $119.05M. The forecast indicates a 1.89% rise compared to BSY last annual SG&A of $116.07M (Dec 23).
Bentley Systems EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.54 | $0.17 | - | $0.15 | $0.08 | $0.12 | $0.18 | $0.18 | $0.14 | $-0.16 | $0.15 | $0.19 | $0.17 | $0.02 |
| Avg Forecast | $0.39 | $0.38 | $0.36 | $0.35 | $0.31 | $0.30 | $0.29 | $0.32 | $0.23 | $0.24 | $0.23 | $0.26 | $0.18 | $0.19 | $0.19 | $0.21 | $0.18 | $0.17 | $0.17 | $0.20 | $0.17 | $0.16 | $0.15 | $0.16 | $0.15 | $0.13 |
| High Forecast | $0.39 | $0.38 | $0.37 | $0.35 | $0.31 | $0.31 | $0.29 | $0.32 | $0.24 | $0.28 | $0.23 | $0.26 | $0.21 | $0.19 | $0.19 | $0.21 | $0.19 | $0.17 | $0.18 | $0.20 | $0.17 | $0.17 | $0.15 | $0.16 | $0.16 | $0.13 |
| Low Forecast | $0.38 | $0.37 | $0.36 | $0.35 | $0.31 | $0.30 | $0.29 | $0.31 | $0.23 | $0.23 | $0.23 | $0.26 | $0.16 | $0.19 | $0.19 | $0.20 | $0.18 | $0.17 | $0.17 | $0.20 | $0.17 | $0.16 | $0.14 | $0.16 | $0.15 | $0.13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.97% | 0.88% | - | 0.72% | 0.44% | 0.70% | 1.04% | 0.89% | 0.82% | -0.97% | 1.03% | 1.20% | 1.10% | 0.16% |
According to 4 Wall Street analysts, Bentley Systems's projected average Quarter EPS for Mar 24 is $0.26, with a low estimate of $0.26 and a high estimate of $0.26. This represents a -51.51% decrease compared to BSY previous annual EPS of $0.54 (Dec 23).
Bentley Systems Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BRZE | Braze | $35.57 | $58.92 | 65.65% | Buy |
| CALX | Calix | $34.48 | $56.86 | 64.91% | Buy |
| ALRM | Alarm.com | $54.75 | $78.75 | 43.84% | Buy |
| PCTY | Paylocity | $153.70 | $215.00 | 39.88% | Buy |
| NCNO | nCino | $30.05 | $41.89 | 39.40% | Buy |
| WK | Workiva | $73.09 | $93.75 | 28.27% | Buy |
| DT | Dynatrace | $50.18 | $59.21 | 18.00% | Buy |
| ANSS | ANSYS | $305.04 | $359.60 | 17.89% | Buy |
| BSY | Bentley Systems | $48.29 | $53.00 | 9.75% | Buy |
| ROP | Roper | $547.76 | $582.88 | 6.41% | Buy |
| SSNC | SS&C Technologies | $72.10 | $74.50 | 3.33% | Buy |
| APPF | AppFolio | $222.92 | $225.00 | 0.93% | Buy |
| CDNS | Cadence Design Systems | $247.52 | $248.90 | 0.56% | Buy |
| AZPN | Aspen | $225.10 | $220.00 | -2.27% | Buy |
| PTC | PTC | $164.76 | $154.00 | -6.53% | Buy |
| TYL | Tyler | $581.16 | $538.60 | -7.32% | Buy |
| MANH | Manhattan Associates | $250.66 | $229.33 | -8.51% | Buy |
| INTA | Intapp | $43.16 | $38.43 | -10.96% | Buy |
| SAP | SAP SE | $211.33 | $163.73 | -22.52% | Buy |
| BLKB | Blackbaud | $81.47 | $48.00 | -41.08% | Buy |
BSY Forecast FAQ
Is Bentley Systems a good buy?
Yes, according to 5 Wall Street analysts, Bentley Systems (BSY) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 80.00% of BSY's total ratings.
What is BSY's price target?
Bentley Systems (BSY) average price target is $53 with a range of $46 to $60, implying a 9.75% from its last price of $48.29. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Bentley Systems stock go up soon?
According to Wall Street analysts' prediction for BSY stock, the company can go up by 9.75% (from the last price of $48.29 to the average price target of $53), up by 24.25% based on the highest stock price target, and down by -4.74% based on the lowest stock price target.
Can Bentley Systems stock reach $70?
BSY's average twelve months analyst stock price target of $53 does not support the claim that Bentley Systems can reach $70 in the near future.
What are Bentley Systems's analysts' financial forecasts?
Bentley Systems's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.51B (high $1.52B, low $1.5B), average EBITDA is $362.45M (high $364.87M, low $359.65M), average net income is $407.71M (high $411.25M, low $403.62M), average SG&A $524.94M (high $528.45M, low $520.89M), and average EPS is $1.22 (high $1.23, low $1.21). BSY's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.7B (high $1.71B, low $1.68B), average EBITDA is $407.47M (high $410.19M, low $404.33M), average net income is $493.63M (high $497.91M, low $488.67M), average SG&A $590.15M (high $594.09M, low $585.59M), and average EPS is $1.48 (high $1.49, low $1.46).
Did the BSY's actual financial results beat the analysts' financial forecasts?
Based on Bentley Systems's last annual report (Dec 2023), the company's revenue was $1.23B, beating the average analysts forecast of $1.21B by 1.80%. Apple's EBITDA was $230.54M, missing the average prediction of $289.7M by -20.42%. The company's net income was $326.79M, beating the average estimation of $257.43M by 26.94%. Apple's SG&A was $405.07M, missing the average forecast of $419.59M by -3.46%. Lastly, the company's EPS was $0.98, beating the average prediction of $0.771 by 27.07%. In terms of the last quarterly report (Dec 2023), Bentley Systems's revenue was $310.64M, missing the average analysts' forecast of $313.24M by -0.83%. The company's EBITDA was $37.77M, missing the average prediction of $75.21M by -49.77%. Bentley Systems's net income was $179.58M, beating the average estimation of $60.74M by 195.64%. The company's SG&A was $116.07M, beating the average forecast of $108.92M by 6.56%. Lastly, the company's EPS was $0.54, beating the average prediction of $0.182 by 196.72%