Bentley Systems (NASDAQ:BSY) Given New $52.00 Price Target at Royal Bank Of Canada

Bentley Systems (NASDAQ:BSY) had its price objective upped by stock analysts at Royal Bank Of Canada from $48.00 to $52.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada‘s price target indicates a potential upside of 17.22% from the company’s previous close.

Several other research firms have also recently weighed in on BSY. Piper Sandler reaffirmed an “overweight” rating and set a $45.00 price objective on shares of Bentley Systems in a research report on Friday, August 7th. BMO Capital Markets increased their target price on Bentley Systems from $41.00 to $43.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. Oppenheimer raised their price target on Bentley Systems from $43.00 to $52.00 and gave the company an “outperform” rating in a report on Friday. Cantor Fitzgerald raised their price target on Bentley Systems from $42.00 to $55.00 and gave the company an “overweight” rating in a report on Friday. Finally, 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. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Bentley Systems currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.67.

Bentley Systems Trading Down 1.3%

BSY traded down $0.58 during trading on Friday, hitting $44.36. 1,958,573 shares of the stock traded hands, compared to its average volume of 2,881,321. The firm has a market capitalization of $12.89 billion, a P/E ratio of 48.78, a price-to-earnings-growth 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 debt-to-equity ratio of 1.01, a current ratio of 0.59 and a quick ratio of 0.59. The firm has a 50-day moving average of $35.47 and a 200 day moving average of $34.48.

Bentley Systems (NASDAQ:BSY) last announced its earnings results on Thursday, November 5th. The company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.03. Bentley Systems had a return on equity of 28.43% and a net margin of 18.10%. The company had revenue of $421.51 million during the quarter, compared to the consensus estimate of $420.69 million. During the same quarter in the prior year, the company earned $0.27 earnings per share. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. Equities research analysts anticipate that Bentley Systems will post 1.21 EPS for the current year.

Insider Activity at Bentley Systems

In related news, Director Raymond Bentley sold 344,203 shares of Bentley Systems stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $40.24, for a total value of $13,850,728.72. Following the completion of the sale, the director directly owned 14,316,404 shares in the company, valued at approximately $576,092,096.96. This trade represents a 2.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 500,000 shares of company stock worth $20,089,565 over the last 90 days. Company insiders own 20.27% of the company’s stock.

Hedge Funds Weigh In On Bentley Systems

Institutional investors have recently made changes to their positions in the business. Pictet Asset Management Holding SA grew its position in Bentley Systems by 19.9% during the third quarter. Pictet Asset Management Holding SA now owns 5,235,307 shares of the company’s stock valued at $167,260,000 after buying an additional 867,821 shares during the period. Arrowstreet Capital Limited Partnership raised 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 during the period. Bank of New York Mellon Corp bought a new stake in shares of Bentley Systems during the 2nd quarter valued at $78,738,000. Bessemer Group Inc. grew its position 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 acquiring an additional 691,806 shares during the period. Finally, Madison Asset Management LLC bought a new position in Bentley Systems in the 2nd quarter worth $40,807,000. Institutional investors own 44.16% of the company’s stock.

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.