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Bentley Systems, Incorporated (BSY) Stock Analysis

SellModerate Confidence

Technology · Software - Application

Sell if holding. Multiple concerning factors at $32.09: Elevated risk factors; Sector modifier (Technology): -0.8.

Bentley Systems provides infrastructure engineering software to ~42,000 accounts in 189 countries across utilities, resources, industrial, and facilities sectors, with ~59% of 2025 revenues from outside the US. Revenue is subscription/license-based with ~94% from direct sales;... Read more

$32.09+25.0% A.UpsideScore 5.4/10#75 of 98 Software - Application
QualityF-score7 / 9FCF yield4.29%
IncomeYield0.87%(5y avg 0.41%)Payout32.18%sustainable
Stop $29.83Target $40.08(analyst − 13%)A.R:R 3.0:1
Analyst target$46.07+43.6%14 analysts
$40.08our TP
$32.09price
$46.07mean
$61

Sell if holding. Multiple concerning factors at $32.09: Elevated risk factors; Sector modifier (Technology): -0.8. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 5.4/10, moderate confidence.

Passes 8/10 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 81d clear, semi cycle peak clear, materials cycle peak clear). Fails on death cross (50MA < 200MA). Suitability: moderate.

Recent Developments — Bentley Systems, Incorporated

Generated 2026-05-20T21:06:21Z.

Thesis

Rewards
V7 quality resilience bonus: +0.2 (Q=7.6 in RISK_OFF)
High-quality business
Wide economic moat
Risks
Sector modifier (Technology): -0.8
Elevated risk factors
Below 200-MA, MA slope -7.2%/30d (confirmed downtrend)

Key Metrics

P/E (TTM)36.9
P/E (Fwd)20.3
Mkt Cap$9.7B
EV/EBITDA24.9
Profit Mgn18.1%
ROE24.3%
Rev Growth14.5%
Beta1.01
Dividend0.87%
Rating analysts20

Quality Signals

Piotroski F7/9MoatWideCompounder

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

1 floor-breaker

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Value Rank
2.8
Growth Rank
4.5
Quality Rank
7.5
GatesDeath cross (50MA < 200MA)Momentum 4.6<5.5 (soft — BUY_NOW allowed but watch)Momentum 4.6>=4.5A.R:R 3.0 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 81d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
46 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $30.52Resistance $36.12

Price Targets

$30
$40
A.Upside+24.9%
A.R:R3.0:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeRisk-Off

Risk Alerts

! Death cross — 50-day MA below 200-day MA

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-08-05 (81d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is BSY stock a buy right now?

Sell if holding. Multiple concerning factors at $32.09: Elevated risk factors; Sector modifier (Technology): -0.8. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $29.83. Score 5.4/10, moderate confidence.

What is the BSY stock price target?

Take-profit target: $40.08 (+25.0% upside). Prior stop was $29.83. Stop-loss: $29.83.

What are the risks of investing in BSY?

Sector modifier (Technology): -0.8; Elevated risk factors; Below 200-MA, MA slope -7.2%/30d (confirmed downtrend).

Is BSY overvalued or undervalued?

Bentley Systems, Incorporated trades at a P/E of 36.9 (forward 20.3). TrendMatrix value score: 5.0/10. Verdict: Sell.

What do analysts say about BSY?

20 analysts cover BSY with a consensus score of 3.9/5. Average price target: $46.

What does Bentley Systems, Incorporated do?Bentley Systems provides infrastructure engineering software to ~42,000 accounts in 189 countries across utilities,...

Bentley Systems provides infrastructure engineering software to ~42,000 accounts in 189 countries across utilities, resources, industrial, and facilities sectors, with ~59% of 2025 revenues from outside the US. Revenue is subscription/license-based with ~94% from direct sales; no account exceeded 2% of total revenues. Software spans design, construction, and asset operations with expanding digital twin and AI capabilities.

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