Bentley Systems, Incorporated (BSY)
NASDAQ: BSY · IEX Real-Time Price · USD
56.46
+0.38 (0.68%)
May 17, 2024, 4:00 PM EDT - Market closed
Bentley Systems Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Bentley Systems stock have an average target of 59.5, with a low estimate of 47 and a high estimate of 64. The average target predicts an increase of 5.38% from the current stock price of 56.46.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for BSY stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 5 | 5 | 5 | 6 | 6 | 6 |
| Hold | 3 | 3 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Strong Buy Maintains $57 → $60 | Strong Buy | Maintains | $57 → $60 | +6.27% | May 8, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $60 → $63 | Buy | Reiterates | $60 → $63 | +11.58% | May 8, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $60 | Strong Buy | Maintains | $60 | +6.27% | Apr 30, 2024 |
| William Blair | William Blair | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Mar 28, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $60 | Buy | Reiterates | $60 | +6.27% | Mar 11, 2024 |
Financial Forecast
Revenue This Year
1.38B
from 1.23B
Increased by 12.18%
Revenue Next Year
1.52B
from 1.38B
Increased by 10.60%
EPS This Year
1.01
from 1.00
Increased by 1.17%
EPS Next Year
1.15
from 1.01
Increased by 13.73%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.4B | 1.6B | 1.8B | 2.0B | 2.3B |
| Avg | 1.4B | 1.5B | 1.7B | 2.0B | 2.2B |
| Low | 1.3B | 1.4B | 1.6B | 1.9B | 2.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.6% | 19.2% | 20.9% | 18.2% | 14.8% |
| Avg | 12.2% | 10.6% | 13.8% | 13.7% | 10.4% |
| Low | 8.0% | 4.2% | 8.0% | 10.3% | 7.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.11 | 1.28 | 1.42 | 1.52 | 1.75 |
| Avg | 1.01 | 1.15 | 1.26 | 1.46 | 1.69 |
| Low | 0.91 | 0.99 | 1.13 | 1.42 | 1.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.3% | 26.6% | 23.2% | 20.6% | 19.7% |
| Avg | 1.2% | 13.7% | 9.7% | 16.0% | 15.2% |
| Low | -8.9% | -2.2% | -2.0% | 12.6% | 11.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.