Bentley Systems (BSY) News Today

Bentley Systems, Incorporated (NASDAQ:BSY) has moved higher today as investors react to a mix of strong quarterly results and a flurry of analyst target revisions. Here’s what’s driving the stock’s upward momentum:

• Positive Sentiment: Piper Sandler increased its price target on BSY stock to $63.00 and assigned an “overweight” rating, signaling confidence in further upside potential. Piper Sandler Issues Positive Forecast
• Positive Sentiment: An Oppenheimer analyst lifted its price target on BSY shares to $65.00 and maintained an “outperform” rating, highlighting optimism around the company’s growth prospects. Oppenheimer Analyst Says Stock Price Expected to Rise
• Positive Sentiment: Bentley reported Q2 earnings that topped estimates with EPS of $0.32 (vs. $0.29 expected) and saw year-over-year revenue growth, demonstrating continued demand for its software offerings. Q2 Earnings Beat Estimates
• Neutral Sentiment: UBS Group raised its price target to $60.00 while maintaining a “neutral” rating on the shares, reflecting a balanced view after upward guidance. UBS Group Raises Price Target
• Neutral Sentiment: The Goldman Sachs Group lifted its price target to $47.00 but kept a “sell” rating, indicating it still sees limited near-term upside. Price Target Raised to $47 by Goldman Sachs Group
• Neutral Sentiment: InsiderMonkey published the transcript of Bentley’s Q2 2025 earnings call, providing insights into management’s outlook and strategy execution. Q2 2025 Earnings Call Transcript
• Neutral Sentiment: A roundup article highlighted opinions from six analysts on BSY, offering a composite view of market sentiment. 6 Analysts on Bentley Systems
• Negative Sentiment: Rosenblatt Securities downgraded the stock from “buy” to “neutral” and set a price objective of $58.00, signaling reduced conviction in the near-term rally. Rosenblatt Lowers Rating to Neutral