
Bentley Systems (BSY) Stock Forecast & Price Target
Bentley Systems (BSY) Analyst Ratings
Bulls say
Bentley Systems is showing a promising financial trajectory with anticipated services revenue growth of 15-20% in constant currency, marking a recovery after challenging prior quarters. The annual recurring revenue (ARR) of $1,462 million reflects an 11.5% year-over-year increase, while the company has maintained approximately 3% sequential growth in ARR over the last 15 quarters. Anticipated organic growth in Q4 is supported by robust infrastructure project activity in the U.S., ongoing digital process adoption, and successful initiatives such as the E365 licensing program and Virtuosity offerings.
Bears say
The financial outlook for Bentley Systems appears negative, primarily due to a disappointing net new annual recurring revenue (ARR) result in Q3, contributing to a 21% decline in shares since October. The company's growth trajectory is concerning as it is projected to achieve only around 10% growth in 2026, and its ARR growth this year is averaging just 2.3%, which complicates the potential for maintaining approximately 12% ARR growth moving forward. Additionally, compared to peers, Bentley is viewed as less capable of swiftly pivoting towards profitability to mitigate the effects of these trends, prompting lower estimates for the company's price target.
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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