
Bentley Systems (BSY) Stock Forecast & Price Target
Bentley Systems (BSY) Analyst Ratings
Bulls say
Bentley Systems is a stable and consistent performer in the vertical software niche, with impressive organic ARR growth driven by pricing, user growth, application mix, and SMB segment traction. However, the company may face some headwinds in 2026 as its ARR growth is expected to slow down to about 10%, and there is a risk of erosion due to macroeconomic fluctuations and competition from larger vendors. Despite these challenges, with over 40% operating leverage and a history of strategically reinvesting cost-savings, Bentley is well-positioned to maintain its leading market position and continue delivering strong financial results.
Bears say
Bentley Systems is making progress towards reducing their debt by repaying $678m in convertible senior notes, but there is still $575m remaining due in 2027. While the company has diversified its growth drivers, market multiples continue to compress, resulting in a negative outlook. The Q4 2025 results showed improvement in profitability and expected growth in services, but these factors are not enough to outweigh the overall market conditions and debt burden.
This aggregate rating is based on analysts' research of Bentley Systems and is not a guaranteed prediction by Public.com or investment advice.
Bentley Systems (BSY) Analyst Forecast & Price Prediction
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