Bentley Systems' Going Digital Awards 2024: Bentley Systems announced the winners of the Going Digital Awards 2024, recognizing innovative infrastructure projects from 250 submissions across 36 countries, showcasing advancements in design, construction, and management using Bentley software.
Founders' Honors Recognition: The event also awarded 16 projects with Founders' Honors, highlighting exemplary initiatives that reflect Bentley's mission to enhance global infrastructure for improved quality of life.
BSY
$40.25+Infinity%1D
Analyst Views on BSY
Wall Street analysts forecast BSY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BSY is 59.71 USD with a low forecast of 51.00 USD and a high forecast of 65.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
Wall Street analysts forecast BSY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BSY is 59.71 USD with a low forecast of 51.00 USD and a high forecast of 65.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 40.580
Low
51.00
Averages
59.71
High
65.00
Current: 40.580
Low
51.00
Averages
59.71
High
65.00
Baird
Outperform -> Outperform
downgrade
$64 -> $62
2025-11-06
Reason
Baird
Price Target
$64 -> $62
2025-11-06
downgrade
Outperform -> Outperform
Reason
Baird lowered the firm's price target on Bentley Systems to $62 from $64 and keeps an Outperform rating on the shares. The firm updated its model following Q3 results and where AAR strength is set to strengthen in Q4.
JPMorgan
Alexei Gogolev
Neutral
downgrade
$56 -> $51
2025-11-06
Reason
JPMorgan
Alexei Gogolev
Price Target
$56 -> $51
2025-11-06
downgrade
Neutral
Reason
JPMorgan analyst Alexei Gogolev lowered the firm's price target on Bentley Systems to $51 from $56 and keeps a Neutral rating on the shares. The company reported solid Q3 results, the analyst tells investors in a research note.
Piper Sandler
Clarke Jeffries
Overweight
downgrade
$63 -> $60
2025-11-06
Reason
Piper Sandler
Clarke Jeffries
Price Target
$63 -> $60
2025-11-06
downgrade
Overweight
Reason
Piper Sandler analyst Clarke Jeffries lowered the firm's price target on Bentley Systems to $60 from $63 and keeps an Overweight rating on the shares. The firm notes Bentley Systems reported solid Q3 results with 10.5% constant currency ARR growth and 16% growth in adjusted operating income less SBC. Q3 was anticipated to be the low point of ARR growth during 2025, so attention now shifts to the Q4 renewal cohort to see how Bentley's track record of highly reliable double-digit ARR compounding flows into 2026, Piper adds.
Rosenblatt
Blair Abernethy
Neutral -> Buy
upgrade
$58
2025-10-17
Reason
Rosenblatt
Blair Abernethy
Price Target
$58
2025-10-17
upgrade
Neutral -> Buy
Reason
Rosenblatt analyst Blair Abernethy upgraded Bentley Systems to Buy from Neutral with a $58 price target.
About BSY
Bentley Systems, Inc is an infrastructure engineering software company. It focuses on developing and supporting a portfolio of integrated software offerings across professional disciplines, infrastructure sectors, geographies, and the infrastructure lifecycle. It serves enterprises and professionals across the infrastructure lifecycle by enabling project delivery and asset performance. Its portfolio of integrated software offerings includes engineering applications, geo-professional applications, Bentley Infrastructure Cloud, Bentley Asset Analytics, and Cesium and iTwin Platform. Its geo-professional applications include GeoStudio, for integrated geotechnical analysis of slope stability, groundwater flow, and heat and mass transfer in soil and rock, and Imago, for the capture and management of drilling core images. Bentley Asset Analytics solutions include Blyncsy, for inspecting and detecting roadway conditions, and Bridge Monitoring, for identifying and classifying bridge defects.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
