
Bentley Systems (BSY) Stock Forecast & Price Target
Bentley Systems (BSY) Analyst Ratings
Bulls say
Bentley Systems is projected to witness a significant recovery in its services revenue, with expectations for growth of 15-20% in constant currency, marking an essential turnaround after a challenging period. The company's Annual Recurring Revenue (ARR) demonstrated a robust year-over-year growth of 11.5% in constant currency, with a noteworthy reacceleration in quarter-over-quarter growth, signaling strong demand dynamics and improved market conditions. Additionally, the expected organic growth in Q4 is supported by ongoing infrastructure project activity, strategic initiatives, and a favorable response to the E365 subscription program, which collectively position Bentley Systems for continued financial strength and market leadership in its specialty areas.
Bears say
Bentley Systems has experienced a 21% decline in shares since October, primarily driven by disappointing results in net new annual recurring revenue (ARR) for the third quarter, which the company had initially anticipated as a low point. The company's growth outlook for 2026 appears constrained, with projections indicating growth closer to 10%, while its current ARR growth is averaging around 2.3%, making it increasingly challenging to achieve the previously targeted 12% growth rate. Additionally, compared to its peers, Bentley is perceived to be less capable of quickly adjusting to profitability pressures, leading to a downward revision of future estimates and terminal multiples.
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
Start investing in Bentley Systems (BSY)
Order type
Buy in
Order amount
Est. shares
0 shares