
Bentley Systems (BSY) Stock Forecast & Price Target
Bentley Systems (BSY) Analyst Ratings
Bulls say
Bentley Systems reported a robust Q3 performance with subscription revenue reaching $344.3 million, reflecting a 14% year-over-year increase, which underscores the strong demand for engineering software driven by ongoing global infrastructure projects. The company's Annual Recurring Revenue (ARR) stood at $1.405 billion, demonstrating a constant currency growth rate of 10.5% year-over-year, signaling sustained adoption of its solutions in the face of healthy market conditions. Furthermore, Bentley achieved an EBITDA margin of 27.7%, an increase from 26.7% year-over-year, indicating improved operational efficiency alongside solid revenue growth.
Bears say
The financial analysis indicates that Bentley Systems has faced a challenging quarter, with services revenue remaining flat on a quarter-over-quarter basis and falling short of prior guidance by $5 million. Additionally, the company has experienced a significant decline in share value, retreating 21% since October due to disappointing results in new Annual Recurring Revenue (ARR) in Q3, despite expectations that this period would be the lowest point for new ARR. Furthermore, while the outlook for 2026 suggests potential growth, the overall trends in net new ARR and rigidity in profitability adjustments compared to peers raise concerns about the company's financial resilience in the near term.
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