Bentley Systems (BSY) Stock Forecast, Price Target & Predictions
BSY Stock Forecast
Bentley Systems stock forecast is as follows: an average price target of $52.33 (represents a 11.91% upside from BSY’s last price of $46.76) 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 $52.33 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 11.91% upside from BSY's last price of $46.76.
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%), 3 'Buy' (60.00%), 1 'Hold' (20.00%), 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 |
|---|---|---|---|---|---|---|
| Nov 07, 2024 | Kash Rangan | Goldman Sachs | $51.00 | $51.09 | -0.18% | 9.07% |
| Jul 30, 2024 | Jon Vruwink | Robert W. Baird | $60.00 | $48.57 | 23.53% | 28.31% |
| Aug 10, 2022 | - | Mizuho Securities | $46.00 | $41.09 | 11.95% | -1.63% |
| May 11, 2022 | - | Mizuho Securities | $45.00 | $26.81 | 67.85% | -3.76% |
The latest Bentley Systems stock forecast, released on Nov 07, 2024 by Kash Rangan from Goldman Sachs, set a price target of $51.00, which represents a -0.18% decrease from the stock price at the time of the forecast ($51.09), and a 9.07% increase from BSY last price ($46.76).
Bentley Systems Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $51.00 | $51.00 | $55.50 |
| Last Closing Price | $46.76 | $46.76 | $46.76 |
| Upside/Downside | 9.07% | 9.07% | 18.69% |
In the current month, the average price target of Bentley Systems stock is $51.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 9.07% increase as opposed to Bentley Systems's last price of $46.76. This month's average price target is down 0.00% compared to last quarter, and down -8.11% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 07, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| Sep 16, 2024 | William Blair | Buy | Buy | Hold |
| Sep 16, 2024 | Rosenblatt Securities | Underperform | Underperform | Hold |
| 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 |
Bentley Systems's last stock rating was published by Goldman Sachs on Nov 07, 2024. The company gave BSY a "Neutral" 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 | $433.00M | $411.62M | $402.95M | $413.40M | $390.34M | $373.11M | $365.62M | $372.77M | $351.30M | $340.36M | $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 | $439.23M | $417.54M | $408.75M | $419.35M | $395.96M | $378.48M | $370.88M | $375.25M | $356.51M | $340.55M | $325.14M | $340.09M | $322.13M | $299.75M | $299.43M | $302.93M | $284.03M | $271.02M | $267.01M | $268.19M | $262.45M | $247.67M | $213.45M | $215.13M | $212.81M | $197.33M |
| Low Forecast | $427.86M | $406.73M | $398.17M | $408.49M | $385.70M | $368.68M | $361.28M | $371.23M | $346.12M | $340.17M | $325.01M | $340.09M | $302.06M | $299.44M | $291.67M | $295.09M | $276.68M | $271.02M | $267.01M | $268.19M | $262.45M | $247.67M | $213.45M | $215.13M | $212.81M | $197.33M |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 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 $340.09M, and a high forecast of $340.09M. 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 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 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 | $99.19M | $94.29M | $92.31M | $94.70M | $89.42M | $85.47M | $83.76M | $85.39M | $80.47M | $77.97M | $74.47M | $77.91M | $71.76M | $68.63M | $67.62M | $68.41M | $64.14M | $65.07M | $64.11M | $71.96M | $63.01M | $59.46M | $51.25M | $59.07M | $51.09M | $19.17M |
| High Forecast | $100.62M | $95.65M | $93.64M | $96.06M | $90.70M | $86.70M | $84.96M | $85.96M | $81.67M | $78.01M | $74.48M | $77.91M | $73.79M | $68.67M | $68.59M | $69.40M | $65.07M | $65.07M | $64.11M | $86.35M | $63.01M | $59.46M | $51.25M | $70.88M | $51.09M | $23.01M |
| Low Forecast | $98.01M | $93.17M | $91.21M | $93.58M | $88.36M | $84.46M | $82.76M | $85.04M | $79.29M | $77.93M | $74.45M | $77.91M | $69.19M | $68.59M | $66.82M | $67.60M | $63.38M | $65.07M | $64.11M | $57.57M | $63.01M | $59.46M | $51.25M | $47.25M | $51.09M | $15.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.53% | 1.07% | - | 1.23% | 0.94% | 1.14% | 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 $77.91M, with a high of $77.91M and a low of $77.91M. This is 106.25% 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 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 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 | $115.17M | $111.20M | $111.51M | $115.89M | $100.97M | $97.80M | $97.13M | $105.14M | $73.16M | $80.94M | $77.61M | $87.39M | $60.75M | $64.45M | $63.14M | $69.09M | $61.32M | $57.48M | $57.99M | $48.33M | $57.16M | $54.84M | $48.64M | $42.75M | $51.74M | $4.05M |
| High Forecast | $117.33M | $113.28M | $113.60M | $118.06M | $102.86M | $99.63M | $98.95M | $115.00M | $85.88M | $81.03M | $77.69M | $87.42M | $70.34M | $64.47M | $64.32M | $70.39M | $62.47M | $57.48M | $57.99M | $58.00M | $57.16M | $54.84M | $48.64M | $51.31M | $51.74M | $4.86M |
| Low Forecast | $113.40M | $109.48M | $109.79M | $114.10M | $99.41M | $96.29M | $95.63M | $95.29M | $66.79M | $80.86M | $77.52M | $87.36M | $54.35M | $64.44M | $62.17M | $68.03M | $60.38M | $57.48M | $57.99M | $38.67M | $57.16M | $54.84M | $48.64M | $34.20M | $51.74M | $3.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.96% | 0.82% | - | 0.66% | 0.42% | 0.64% | 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 $87.36M to $87.42M. 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 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 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 | $150.57M | $143.13M | $140.12M | $143.75M | $135.73M | $129.74M | $127.14M | $129.62M | $122.16M | $118.35M | $113.04M | $118.26M | $108.92M | $104.18M | $102.64M | $103.84M | $97.37M | $94.24M | $92.85M | $78.82M | $91.26M | $86.12M | $74.22M | $49.37M | $74.00M | $51.81M |
| High Forecast | $152.73M | $145.19M | $142.14M | $145.82M | $137.69M | $131.61M | $128.97M | $130.49M | $123.97M | $118.42M | $113.06M | $118.26M | $112.01M | $104.23M | $104.12M | $105.34M | $98.77M | $94.24M | $92.85M | $94.59M | $91.26M | $86.12M | $74.22M | $59.25M | $74.00M | $62.17M |
| Low Forecast | $148.78M | $141.43M | $138.46M | $142.05M | $134.12M | $128.20M | $125.63M | $129.09M | $120.36M | $118.29M | $113.02M | $118.26M | $105.03M | $104.12M | $101.42M | $102.61M | $96.21M | $94.24M | $92.85M | $63.06M | $91.26M | $86.12M | $74.22M | $39.50M | $74.00M | $41.44M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 0.93% | - | 0.99% | 1.09% | 0.84% | 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 $118.26M to $118.26M. 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 | 3 | 3 | 4 | 4 | 4 | 6 | 8 | 4 | 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 | $0.35 | $0.33 | $0.33 | $0.35 | $0.30 | $0.29 | $0.29 | $0.32 | $0.22 | $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 | $0.35 | $0.34 | $0.34 | $0.35 | $0.31 | $0.30 | $0.30 | $0.34 | $0.26 | $0.24 | $0.23 | $0.26 | $0.21 | $0.19 | $0.19 | $0.21 | $0.19 | $0.17 | $0.17 | $0.20 | $0.17 | $0.16 | $0.15 | $0.16 | $0.15 | $0.13 |
| Low Forecast | $0.34 | $0.33 | $0.33 | $0.34 | $0.30 | $0.29 | $0.29 | $0.29 | $0.20 | $0.24 | $0.23 | $0.26 | $0.16 | $0.19 | $0.19 | $0.20 | $0.18 | $0.17 | $0.17 | $0.20 | $0.17 | $0.16 | $0.15 | $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 |
|---|---|---|---|---|---|
| CALX | Calix | $32.35 | $52.14 | 61.17% | Buy |
| BRZE | Braze | $36.20 | $55.77 | 54.06% | Buy |
| ALRM | Alarm.com | $59.76 | $74.40 | 24.50% | Buy |
| APPF | AppFolio | $228.55 | $278.00 | 21.64% | Buy |
| DT | Dynatrace | $51.58 | $61.46 | 19.15% | Buy |
| PCTY | Paylocity | $194.78 | $218.64 | 12.25% | Buy |
| BSY | Bentley Systems | $46.76 | $52.33 | 11.91% | Buy |
| ROP | Roper | $547.96 | $605.11 | 10.43% | Buy |
| ANSS | ANSYS | $339.52 | $359.60 | 5.91% | Buy |
| WK | Workiva | $90.17 | $93.75 | 3.97% | Buy |
| SSNC | SS&C Technologies | $72.90 | $75.50 | 3.57% | Buy |
| AZPN | Aspen | $247.00 | $254.40 | 3.00% | Buy |
| MANH | Manhattan Associates | $270.74 | $276.57 | 2.15% | Buy |
| NCNO | nCino | $40.05 | $39.00 | -2.62% | Buy |
| TYL | Tyler | $599.68 | $558.00 | -6.95% | Buy |
| CDNS | Cadence Design Systems | $299.63 | $276.07 | -7.86% | Buy |
| PTC | PTC | $189.27 | $172.00 | -9.12% | Buy |
| BLKB | Blackbaud | $83.50 | $74.33 | -10.98% | Buy |
| SAP | SAP SE | $233.20 | $173.08 | -25.78% | Buy |
| INTA | Intapp | $57.89 | $41.13 | -28.95% | Buy |