
Bentley Systems (BSY) Stock Forecast & Price Target
Bentley Systems (BSY) Analyst Ratings
Bulls say
Bentley Systems is poised for robust growth, with services revenue anticipated to increase by 15-20% in constant currency, highlighting a recovery trajectory after several challenging quarters. The company's Annual Recurring Revenue (ARR) reached $1,462 million, reflecting an 11.5% year-over-year growth, along with a notable uptick in quarter-over-quarter growth, marking the highest reacceleration in this metric recorded to date. Furthermore, Bentley is expected to benefit from strong infrastructure project activity in the U.S. and global investments, alongside strategic initiatives like the E365 licensing program and the successful Virtuosity offering, contributing positively to its financial outlook.
Bears say
The financial outlook for Bentley Systems appears negative, primarily due to a 21% decline in share value since October, largely attributed to disappointing net new annual recurring revenue (ARR) results in Q3. Furthermore, there are challenges anticipated in achieving consistent growth, with net new ARR trends suggesting a potential growth rate of only around 10% for 2026, which may not meet market expectations. Additionally, Bentley is perceived as being less capable of swiftly adapting its profitability strategies compared to peers, amid a broader trend of declining valuations and compressed multiples in the vertical software sector.
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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