
Bentley Systems (BSY) Stock Forecast & Price Target
Bentley Systems (BSY) Analyst Ratings
Bulls say
Bentley Systems demonstrated a strong financial performance in Q4, with subscription revenue reaching $316 million, reflecting a 16% year-over-year increase, amidst a challenging macroeconomic environment. The company reported a net retention rate of 110%, suggesting robust customer satisfaction and loyalty, while achieving an annual recurring revenue (ARR) growth of 12% at constant currency, supported by the successful adoption of its E365 platform and ongoing demand in the SMB segment. Furthermore, Bentley's anticipated revenue growth of 14% for Q4 and projected 10% growth for FY24 indicates a positive outlook, driven by increased traction in the U.S. infrastructure market and strong engagement with their digital offerings.
Bears say
Bentley Systems faces a negative outlook primarily due to sluggish growth in key segments such as commercial real estate and mining, which continue to lag behind global infrastructure demand trends. The company's ongoing transition in the China market, along with a projected year-over-year growth rate of only 14% for Q4 and 10% for FY24, reflects persistent challenges in its business model and overall market conditions. Additionally, macroeconomic fluctuations, intense competition from larger vendors, and potential pricing pressures further contribute to the unfavorable financial landscape surrounding Bentley Systems.
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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