BSY stock icon

Bentley Systems
BSY

$53.29
1.16%
 

About: Bentley Systems is a software vendor that caters to engineers, architects, constructors, and geospatial professionals by enabling design, modeling, simulation and project, and data management of infrastructure assets. The firm delivers solutions via the cloud, desktop, and hybrid environments. While Bentley is relatively small in comparison with peers like Autodesk, it shines in core specialty areas, like bridge or rail design, as opposed to being more broad-based in its applications. As of fiscal 2022, approximately 58% of revenue is derived from outside the U.S. (with 28% of revenue coming from EMEA and 18% coming from APAC as of fiscal 2022). Bentley's largest end market is the public works and utilities sector, which represents approximately two thirds of revenue.

Employees: 5,200

0
Funds holding %
of 6,656 funds
0
Analysts bullish %
of 8 analysts
0
News positive %
of 7 articles

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

189% more call options, than puts

Call options by funds: $6.27M | Put options by funds: $2.17M

115% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 34

26% more repeat investments, than reductions

Existing positions increased: 141 | Existing positions reduced: 112

12% more funds holding

Funds holding: 333 [Q3] → 372 (+39) [Q4]

8% more capital invested

Capital invested by funds: $5.62B [Q3] → $6.05B (+$433M) [Q4]

1.27% more ownership

Funds ownership: 39.55% [Q3] → 40.81% (+1.27%) [Q4]

67% less funds holding in top 10

Funds holding in top 10: 3 [Q3] → 1 (-2) [Q4]

Research analyst outlook

8 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$59
11%
upside
Avg. target
$60
13%
upside
High target
$63
18%
upside

8 analyst ratings

positive
100%
neutral
0%
negative
0%
Mizuho
Matthew Broome
13%upside
$60
Buy
Maintained
8 May 2024
Piper Sandler
Clarke Jeffries
18%upside
$63
Overweight
Reiterated
8 May 2024
Rosenblatt
Blair Abernethy
13%upside
$60
Buy
Maintained
30 Apr 2024
Piper Sandler
Clarke Jeffries
13%upside
$60
Overweight
Reiterated
11 Mar 2024
RBC Capital
Matthew Hedberg
14%upside
$61
Outperform
Reiterated
28 Feb 2024

Financial journalist opinion

Based on 7 articles about BSY published over the past 30 days