Bentley Systems (NASDAQ:BSY) Stock Price Target Raised at Royal Bank Of Canada

Key Points

• RBC raised its Bentley Systems price target from $48 to $52 and maintained an “outperform” rating, implying 17.22% upside from the stock’s then-current price. Other analysts also lifted targets, and the consensus rating was “Moderate Buy.”
• Bentley Systems beat quarterly estimates, reporting EPS of $0.36 versus $0.33 expected and revenue of $421.51 million, up 12.2% year over year.
• Director Raymond Bentley sold 344,203 shares for about $13.9 million under a pre-arranged trading plan; he retained more than 14.3 million shares after the sale.

Bentley Systems (NASDAQ:BSY - Get Free Report) had its price objective hoisted by Royal Bank Of Canada from $48.00 to $52.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has an "outperform" rating on the stock. Royal Bank Of Canada's price target indicates a potential upside of 17.22% from the stock's current price.

Other research analysts have also issued research reports about the company. Rosenblatt Securities raised their target price on Bentley Systems from $50.00 to $53.00 and gave the company a "buy" rating in a report on Friday. Oppenheimer increased their price target on Bentley Systems from $43.00 to $52.00 and gave the company an "outperform" rating in a research report on Friday. Cantor Fitzgerald raised their price objective on Bentley Systems from $42.00 to $55.00 and gave the company an "overweight" rating in a research note on Friday. Weiss Ratings upgraded shares of Bentley Systems from a "hold (c-)" rating to a "hold (c)" rating in a research note on Monday, October 19th. Finally, BMO Capital Markets increased their target price on shares of Bentley Systems from $41.00 to $43.00 and gave the company an "outperform" rating in a report on Friday, August 7th. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Bentley Systems currently has an average rating of "Moderate Buy" and a consensus target price of $46.67.

Bentley Systems Trading Down 1.3%

Bentley Systems stock traded down $0.58 during mid-day trading on Friday, hitting $44.36. 1,958,573 shares of the stock were exchanged, compared to its average volume of 2,881,321. The stock has a market capitalization of $12.89 billion, a price-to-earnings ratio of 48.78, a PEG ratio of 2.72 and a beta of 0.98. Bentley Systems has a 12 month low of $28.08 and a 12 month high of $48.17. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.01. The firm's fifty day simple moving average is $35.47 and its two-hundred day simple moving average is $34.48.

Bentley Systems (NASDAQ:BSY - Get Free Report) last posted its quarterly earnings data on Thursday, November 5th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.03. Bentley Systems had a net margin of 18.10% and a return on equity of 28.43%. The company had revenue of $421.51 million during the quarter, compared to analysts' expectations of $420.69 million. During the same period in the prior year, the company posted $0.27 earnings per share. Bentley Systems's revenue for the quarter was up 12.2% compared to the same quarter last year. Analysts forecast that Bentley Systems will post 1.21 EPS for the current year.

Insiders Place Their Bets

In other news, Director Raymond Bentley sold 344,203 shares of the stock in a transaction on Friday, October 30th. The stock was sold at an average price of $40.24, for a total transaction of $13,850,728.72. Following the completion of the transaction, the director owned 14,316,404 shares in the company, valued at approximately $576,092,096.96. This represents a 2.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 500,000 shares of company stock valued at $20,089,565 in the last 90 days. 20.27% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Arrowstreet Capital Limited Partnership grew its position in Bentley Systems by 253.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 4,781,449 shares of the company's stock worth $167,924,000 after acquiring an additional 3,429,087 shares in the last quarter. Pictet Asset Management Holding SA boosted its stake in shares of Bentley Systems by 19.9% in the 3rd quarter. Pictet Asset Management Holding SA now owns 5,235,307 shares of the company's stock valued at $167,260,000 after purchasing an additional 867,821 shares in the last quarter. Bessemer Group Inc. grew its holdings in shares of Bentley Systems by 36.2% during the 1st quarter. Bessemer Group Inc. now owns 2,600,241 shares of the company's stock valued at $91,320,000 after purchasing an additional 691,806 shares during the last quarter. Bank of New York Mellon Corp bought a new position in shares of Bentley Systems during the 2nd quarter valued at $78,738,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Bentley Systems by 12.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,327,900 shares of the company's stock valued at $46,628,000 after purchasing an additional 143,863 shares during the last quarter. 44.16% of the stock is owned by institutional investors.

Trending Headlines about Bentley Systems

Here are the key news stories impacting Bentley Systems this week:

• Positive Sentiment: Q3 results beat estimates. Bentley reported adjusted earnings of $0.36 per share, above the $0.33 consensus, while revenue rose 12.2% year over year to $421.51 million, slightly ahead of estimates. The company also raised its annual recurring revenue outlook, supporting expectations for continued growth in subscription-based revenue. Bentley Systems reports 12.2% revenue growth and raises annual recurring revenue outlook
• Positive Sentiment: Analysts raised their targets. Cantor Fitzgerald increased its price target to $55 from $42 and kept an “overweight” rating. Rosenblatt Securities raised its target to $53 from $50 and maintained a “buy” rating, signaling improved analyst expectations. Cantor Fitzgerald recommendations Rosenblatt Securities recommendations
• Positive Sentiment: Recurring revenue and AI analytics are highlighted as growth drivers. A Q3 deep dive points to recurring revenue and AI-powered analytics as supporting momentum, reinforcing the growth narrative behind the earnings outlook. BSY Q3 2026 deep dive
• Negative Sentiment: An insider sold a substantial number of shares. Raymond Bentley reportedly sold 344,203 shares. Such sales can weigh on sentiment, but the transaction alone does not establish the seller’s motivation or imply weaker business prospects. Insider share sale report

About Bentley Systems

Bentley Systems, Incorporated is a software company that develops solutions for the design, construction, and operation of infrastructure. Its customers include engineers, architects, geospatial professionals, construction firms, and infrastructure owner-operators in sectors such as transportation, water, utilities, industrial facilities, and buildings.

The company's product portfolio includes MicroStation for infrastructure design, ProjectWise for project collaboration, AssetWise for asset performance and operations, and SYNCHRO for construction management.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.