Bentley Systems, Class B (BSY)
NASDAQ:BSY
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BSY Stock Chart & Stats
$35.08
$0.18(0.39%)
At close: 4:00 PM EST
$35.08
$0.18(0.39%)
Day’s Range― - ―
52-Week Range$29.45 - $59.25
Previous CloseN/A
Volume244.54K
Average Volume (3M)2.76M
Market Cap
$9.32B
Enterprise Value$10.60B
Total Cash (Recent Filing)$105.16M
Total Debt (Recent Filing)$1.17B
Price to Earnings (P/E)33.9
Beta0.70
Next Earnings
Aug 11, 2026EPS Estimate
0.32Next Dividend Ex-DateN/A
Dividend Yield0.72%
Share Statistics
EPS (TTM)0.89
Shares Outstanding292,281,560
10 Day Avg. Volume2,911,429
30 Day Avg. Volume2,763,400
Financial Highlights & Ratios
PEG Ratio2.49
Price to Book (P/B)10.10
Price to Sales (P/S)8.00
P/FCF Ratio23.09
Enterprise Value/Market Cap1.14
Enterprise Value/Revenue6.82
Enterprise Value/Gross Profit8.35
Enterprise Value/Ebitda21.77
Forecast
1Y Price Target
$44.00Price Target Upside25.43% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)1.38
Revenue Forecast (FY)$1.70B
Bulls Say, Bears Say
Bulls Say
High Gross And Net MarginsHigh TTM gross and net margins reflect durable software economics and low incremental costs. This margin profile supports strong EBITDA conversion, funds R&D and strategic investments, and sustains free cash flow resilience across multi‑year cycles, enhancing long‑term optionality.
Strong Recurring Revenue And RetentionA very high subscription mix plus double‑digit ARR growth, 109% net revenue retention and 99% account retention create predictable, sticky revenue. This durable recurring base reduces volatility, enables multi‑year planning, and supports up‑sell/cross‑sell expansion inside large accounts.
Robust Free Cash Flow And DeleveragingStrong FCF generation coupled with active capital actions (convertible repayment, share buybacks, dividend payments, higher credit capacity) measurably improves balance sheet flexibility. Reliable cash conversion underpins capital returns, M&A optionality and continued product investment.
Bears Say
Decelerating TTM Revenue GrowthRevenue growth has slowed meaningfully versus prior years, reducing operating leverage and the pace at which scale benefits margins. Sustained lower top‑line momentum increases reliance on acquisitions, sector concentration wins, and new product monetization to restore multi‑year growth trajectories.
Sizeable Debt And New Amortizing Term LoanThe incremental term loan improves liquidity but creates scheduled amortization and added near‑to‑medium term cash commitments. Given the company's still‑meaningful outstanding debt, the amortizing facility tightens financial flexibility and heightens sensitivity to weaker free cash flow or cyclical disruptions.
Early-stage AI Monetization And Margin RiskAI initiatives could become strategic growth drivers but are commercially unproven and may carry higher variable costs. If compute and engineering expenses scale faster than pricing power or API monetization, the company could face structural margin pressure and delayed returns on AI investments.
Bentley Systems News
BSY FAQ
What was Bentley Systems, Class B’s price range in the past 12 months?
Bentley Systems, Class B lowest stock price was $29.45 and its highest was $59.25 in the past 12 months.
What is Bentley Systems, Class B’s market cap?
Bentley Systems, Class B’s market cap is $9.32B.
When is Bentley Systems, Class B’s upcoming earnings report date?
Bentley Systems, Class B’s upcoming earnings report date is Aug 11, 2026 which is in 56 days.
How were Bentley Systems, Class B’s earnings last quarter?
Bentley Systems, Class B released its earnings results on May 07, 2026. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.355 by $0.025.
Is Bentley Systems, Class B overvalued?
According to Wall Street analysts Bentley Systems, Class B’s price is currently Undervalued.
Does Bentley Systems, Class B pay dividends?
Bentley Systems, Class B pays a Quarterly dividend of $0.07 which represents an annual dividend yield of 0.72%. See more information on Bentley Systems, Class B dividends here
What is Bentley Systems, Class B’s EPS estimate?
Bentley Systems, Class B’s EPS estimate is 0.32.
How many shares outstanding does Bentley Systems, Class B have?
Bentley Systems, Class B has 292,281,560 shares outstanding.
What happened to Bentley Systems, Class B’s price movement after its last earnings report?
Bentley Systems, Class B reported an EPS of $0.38 in its last earnings report, beating expectations of $0.355. Following the earnings report the stock price went up 4.833%.
Which hedge fund is a major shareholder of Bentley Systems, Class B?
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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Analyst Consensus
Strong Buy
Average Price Target:
$44.00 (25.43% Upside)
$44.00 (25.43% Upside)
Blogger Sentiment
Bullish
BSY Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 707.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 13.5%
Last 30 Days ▲ 13.5%
News Sentiment
Very Bearish
Bullish news 19%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-37.70%
12-Months-Change
Fundamentals
Return on Equity
23.62%
Trailing 12-Months
Asset Growth
3.55%
Trailing 12-Months
Company Description
Bentley Systems, Class B
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a broadly positive operational and financial picture: solid revenue and ARR growth, high recurring revenue mix, strong retention metrics, healthy profitability (AOI less operating SBC margin 33.2%), robust free cash flow and active capital returns, and clear progress on AI and product instrumentation (STAAD MCP server, Asset Analytics scale). Notable growth in the resources/Seequent business and strong new-logo momentum (Virtuoso) further support upside. Risks highlighted include limited access to Chinese accounts, persistent FX headwinds, a decline in perpetual license revenue, early-stage AI monetization and potential margin/compute pressures, and churn math around the large SMB base. Management expects continued investment in the first half and has contingent drivers required to reach the higher end of guidance. Overall, positives outweigh the challenges, but several execution and macro factors warrant monitoring.View all BSY earnings summariesBSY Stock 12 Month Forecast
Average Price Target
$44.00
▲(25.43% Upside)
Technical Analysis
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Ownership Overview
18.57% Insiders
11.36% Mutual Funds
16.61% Other Institutional Investors
40.71% Public Companies and
Individual Investors