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Bentley Systems Inc (BSY)

Upturn stock ratingUpturn stock rating
$56.98
Last Close (24-hour delay)
Profit since last BUY23.41%
upturn advisory
Consider higher Upturn Star rating
BUY since 46 days
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Upturn Advisory Summary

07/14/2025: BSY (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

rating

16 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $51.4

1 Year Target Price $51.4

Analysts Price Target For last 52 week
$51.4 Target price
52w Low $36.46
Current$56.98
52w High $57.42

Analysis of Past Performance

Type Stock
Historic Profit 10.15%
Avg. Invested days 36
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/14/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 17.10B USD
Price to earnings Ratio 72.24
1Y Target Price 51.4
Price to earnings Ratio 72.24
1Y Target Price 51.4
Volume (30-day avg) 16
Beta 1.07
52 Weeks Range 36.46 - 57.42
Updated Date 07/14/2025
52 Weeks Range 36.46 - 57.42
Updated Date 07/14/2025
Dividends yield (FY) 0.52%
Basic EPS (TTM) 0.78

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 18.46%
Operating Margin (TTM) 31.31%

Management Effectiveness

Return on Assets (TTM) 6.2%
Return on Equity (TTM) 25.17%

Valuation

Trailing PE 72.24
Forward PE 47.62
Enterprise Value 18294051030
Price to Sales(TTM) 12.34
Enterprise Value 18294051030
Price to Sales(TTM) 12.34
Enterprise Value to Revenue 13.2
Enterprise Value to EBITDA 45.96
Shares Outstanding 291844000
Shares Floating 147365001
Shares Outstanding 291844000
Shares Floating 147365001
Percent Insiders 45.56
Percent Institutions 43.22

ai summary icon Upturn AI SWOT

Bentley Systems Inc

stock logo

Company Overview

overview logo History and Background

Bentley Systems, founded in 1984, provides software solutions for infrastructure engineering. It started by developing software for engineers and has evolved through acquisitions and organic growth to offer a comprehensive suite of solutions.

business area logo Core Business Areas

  • Engineering Design: Software for 3D modeling, analysis, and simulation of infrastructure projects, including OpenBuildings Designer and OpenRoads Designer.
  • Project Delivery: Solutions for managing and controlling infrastructure projects, covering collaboration, document management, and construction management, including ProjectWise.
  • Asset and Network Performance: Software for managing and optimizing the performance of infrastructure assets, including asset management, network management, and operational analytics, including AssetWise.

leadership logo Leadership and Structure

The company is led by Greg Bentley (CEO). Bentley Systems has a hierarchical organizational structure with various departments focusing on product development, sales, marketing, and customer support.

Top Products and Market Share

overview logo Key Offerings

  • MicroStation: A CAD software platform used for 2D and 3D design and drafting. Market share is significant in transportation and infrastructure. Competitors include Autodesk's AutoCAD and Dassault Systu00e8mes' CATIA. Revenue data not publicly specified.
  • OpenRoads: 3D modeling software for civil engineering projects. Competitors include Autodesk Civil 3D. Revenue data not publicly specified.
  • ProjectWise: Project collaboration and information management for infrastructure projects. Competitors include Autodesk BIM 360 and Oracle Aconex. Revenue data not publicly specified.

Market Dynamics

industry overview logo Industry Overview

The infrastructure engineering software market is growing due to increasing infrastructure investments, urbanization, and the adoption of digital technologies like BIM. The market is shifting towards cloud-based solutions and integrated platforms.

Positioning

Bentley Systems is a major player in the infrastructure engineering software market, with a strong presence in various sectors like transportation, utilities, and buildings. Its competitive advantage lies in its comprehensive product portfolio and deep domain expertise.

Total Addressable Market (TAM)

The global engineering software market size was valued at $36.87 billion in 2023 and is projected to grow to $66.55 billion by 2032. Bentley Systems is well-positioned to capture a significant share of this growing market.

Upturn SWOT Analysis

Strengths

  • Strong brand reputation
  • Comprehensive product portfolio
  • Deep domain expertise
  • Global presence
  • Recurring revenue model

Weaknesses

  • High product complexity
  • Integration challenges with legacy systems
  • Dependence on large infrastructure projects
  • Relatively high price point

Opportunities

  • Growing demand for BIM
  • Increasing infrastructure investments
  • Adoption of cloud-based solutions
  • Expansion into new markets
  • Acquisitions of complementary technologies

Threats

  • Intense competition
  • Economic downturns
  • Disruptive technologies
  • Cybersecurity risks
  • Changing regulatory environment

Competitors and Market Share

competitor logo Key Competitors

  • ADSK
  • AVEVA
  • TRMB
  • SNPS

Competitive Landscape

Bentley Systems competes with a mix of large software vendors and niche players. Its advantages include a comprehensive product portfolio and deep domain expertise. Disadvantages include higher price point and complexity.

Major Acquisitions

Seequent

  • Year: 2021
  • Acquisition Price (USD millions): 900
  • Strategic Rationale: Expanded Bentley's reach into subsurface modeling and analysis, enhancing its infrastructure digital twin offerings.

Growth Trajectory and Initiatives

Historical Growth: Bentley Systems has achieved consistent revenue and earnings growth through organic expansion and strategic acquisitions.

Future Projections: Analysts project continued growth for Bentley Systems, driven by increasing demand for infrastructure software and the company's strong market position. Expected growth rates are in the high single digits.

Recent Initiatives: Recent initiatives include expanding cloud offerings, investing in AI and machine learning, and making strategic acquisitions to broaden its product portfolio.

Summary

Bentley Systems is a strong company with a leading position in the infrastructure engineering software market. Its comprehensive product portfolio, recurring revenue model, and strategic acquisitions contribute to its success. However, the company faces competition and must address challenges related to product complexity and integration. The strong revenue growth shows that the company is headed in the right direction.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (10-K, 10-Q)
  • Analyst Reports
  • Market Research Reports
  • Company Website

Disclaimers:

This analysis is based on publicly available information and analyst estimates. It is not financial advice. Investment decisions should be based on your own due diligence.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Bentley Systems Inc

Exchange NASDAQ
Headquaters Exton, PA, United States
IPO Launch date 2020-09-23
CEO & Director Mr. Nicholas H. Cumins
Sector Technology
Industry Software - Application
Full time employees 5500
Full time employees 5500

Bentley Systems, Incorporated, together with its subsidiaries, provides infrastructure engineering software solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers open modeling applications, such as MicroStation, OpenBridge, OpenBuildings, OpenFlows, OpenPlant, OpenRail, OpenRoads, OpenSite and OpenSite+, OpenTower, OpenTunnel, OpenUtilities, and OpenWindowPower; and open simulation applications, including ADINA, AutoPIPE, LEGION, OpenPaths, Power Line Systems, RAM, SACS, SPIDA, and STAAD; and geoprofessional applications for modeling and simulation of near and deep subsurface conditions, including AGS, Central, GeoStudio, Imago, Leapfrog, MX Deposit, Oasis montaj, OpenGround, and PLAXIS. It also provides infrastructure cloud applications, such as ProjectWise, SYNCHRO, and AssetWise, as well as Cesim and iTwin platform that enables users to create and curate cloud native 4D/5D digital representations of physical infrastructure assets consisting of iTwin Capture, iTwin Experience, and iTwin IoT platforms. The company serves civil, structural, geotechnical, subsurface, process engineers, architects, geospatial professionals, city and regional planners, contractors, fabricators, and operations and maintenance engineers. Bentley Systems, Incorporated was incorporated in 1984 and is headquartered in Exton, Pennsylvania.