Bentley SystemsBSY
About: Bentley Systems is a software vendor that caters to engineers, architects, constructors, and geospatial professionals by enabling design, modeling, simulation, project management, 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. Bentley's largest end market is the public works and utilities sector, which represents approximately two thirds of revenue.
Employees: 5,500
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
4,835% more call options, than puts
Call options by funds: $28.1M | Put options by funds: $570K
50% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]
48% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 50
4% more funds holding
Funds holding: 406 [Q3] → 424 (+18) [Q4]
0.22% less ownership
Funds ownership: 41.82% [Q3] → 41.6% (-0.22%) [Q4]
8% less capital invested
Capital invested by funds: $6.17B [Q3] → $5.65B (-$519M) [Q4]
28% less repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 173
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Keybanc Jason Celino 41% 1-year accuracy 21 / 51 met price target | 26%upside $54 | Overweight Maintained | 16 Apr 2025 |
Mizuho Matthew Broome 13% 1-year accuracy 1 / 8 met price target | 16%upside $50 | Outperform Maintained | 15 Apr 2025 |
JP Morgan Alexei Gogolev 48% 1-year accuracy 12 / 25 met price target | 5%upside $45 | Neutral Maintained | 9 Apr 2025 |
UBS | 12%upside $48 | Neutral Initiated | 31 Mar 2025 |
Goldman Sachs Kash Rangan 46% 1-year accuracy 13 / 28 met price target | 2%downside $42 | Sell Downgraded | 28 Feb 2025 |
Financial journalist opinion









