
Bentley Systems (BSY) Stock Forecast & Price Target
Bentley Systems (BSY) Analyst Ratings
Bulls say
Bentley Systems reported substantial growth in its Q3 Subscription revenue, reaching $344.3 million, which marks a 14% year-over-year increase and signifies robust activity in global infrastructure projects and a rising adoption of engineering tools. The company's Annualized Recurring Revenue (ARR) stood at $1.405 billion, reflecting a 10.5% increase year-over-year, driven by strong demand for subscriptions, particularly within the core U.S. market. Additionally, Bentley achieved an improved EBITDA margin of 27.7%, up from 26.7% last year, alongside a notable dollar growth of 16.2% year-over-year, showcasing its effective cost management and operational efficiency.
Bears say
The financial analysis of Bentley Systems indicates a negative outlook primarily due to a stagnation in services revenue, which has been revised downward by $5 million compared to previous guidance, signaling ongoing operational challenges. Additionally, the company has experienced a significant 21% decline in share value since October, largely attributed to disappointing net new Annual Recurring Revenue (ARR) results in Q3, suggesting difficulties in attracting new business. Furthermore, despite a projected rebound in 2026 growth, the overall trend indicates that Bentley may struggle to adapt profitability strategies as effectively as its competitors in the vertical software sector.
This aggregate rating is based on analysts' research of Bentley Systems and is not a guaranteed prediction by Public.com or investment advice.
Bentley Systems (BSY) Analyst Forecast & Price Prediction
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