Bentley Systems stock
BSYNASDAQBentley Systems, Incorporated, TechnologyISIN US08265T2087
73Score 73 out of 100, Strong
Price and trend
81 / 100
Price history
−1.2% in one yearThe chart shows daily closes over 6 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 29% above it.
Since October 2026 the 50-day line has been above the 200-day line; the trend has turned up.
Overheated: the price has risen very quickly lately (RSI 78).
The price is 2.1% below its 52-week high. Largest decline in 6 years: 61% (September 2021 to May 2022).
Chart figures for advanced users
- SMA 50$36.12
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$34.56
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)78
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$28.42
- The lowest closing price of the last twelve months.
- Resistance$45.40
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Bentley Systems, Incorporated belongs to the Software (Application) industry (United States) and, with a market value of $12.91B, is number 41 of 189 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $1.5B (up 11% year on year) and earnings of $277.86M (up 18.3%).
- For fiscal 2026, analysts expect on average revenue of $1.69B (up 12.3%) and adjusted earnings per share of $1.40 (up 15.9%).
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- MEQIRI Score 73 out of 100 (Strong): rank 152 of 857 in Technology, median 61.
- The P/E is 43.6 (Software (Application) median 30.8, own median of recent years 63.6).
- Our model puts fair value at $29.70, with the price 50% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings turn into cashFree cash flow 152% of earnings over the last 12 months.Fundamentals 93
- Consistently profitableProfit in all 8 fiscal years from 2018 to 2025.Fundamentals 93
- High marginNet margin 19.6% over the last 12 months, Software (Application) median 6.8%.Profitability 85
Weaknesses
None of our weakness checks flags anything. Crash risk is measured separately.
Its standout strengths are fundamentals and profitability, while capital allocation and valuation hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 72 to 73.
Fundamentals are strong, with stable profits and strong cash generation.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk low
How well MEQIRI warnsOne of the 30% with the lowest crash risk among smaller stocks.
From 2016 to 2025, 14 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- high growth grade (crashed more often in the backtest)
What lowers it
- solid fundamentals
- price near its 52-week high
Valuation
Valuation signal
Modestly overvaluedIn our model the price counts as cheap below $21.22 and expensive above $49.51 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $28.07 (cash-flow model) and $31.33 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 9.9%. At 10.9% the fair value would be $27.72, at 8.9% it would be $32.47.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (30.8).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 12.9% on the twelve months before. Revenue has grown solidly since 2018, at about 12% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 82%, operating 24%, net 19%.
Debt & balance sheet
latest quarterThe balance sheet is solid, with moderate debt and comfortable interest coverage.
Earnings
- Next earnings
- 25 Feb 2027in 105 days
- Last reported
- 5 Nov 2026EPS reported $0.36 (expected $0.33)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $1.40+0.1%
- Revenue
- $1.69B−0.5%
- Earnings per share
- $1.58+0.3%
- Revenue
- $1.84B−2.0%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: −2.3%Results are in line with expectations and within the full year outlook, with ARR growth steady at about 12% in constant currency.
“On a constant currency basis, our year-over-year ARR growth rate was 12%, and our sequential quarterly growth was 2.9%, all organic and in line with our expectations for the quarter.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 6 Aug 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 2 insiders sold, $43.77M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
Partial trades from one filing are shown in one row, with the average price.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Bentley Systems
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
857 rated companies in Technology
- This company
- 73
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Software (Application)
The next larger and next smaller companies by market value
- iFLYTEK CO.,LTD002230.SZ $13.73B37
- JFrogFROG $13.26B54
- Grab HoldingsGRAB $13.23B55
- Guidewire SoftwareGWRE $13.07B57
- DynatraceDT $12.69B64
- Chime FinancialCHYM $12.49B61
- Procore TechnologiesPCOR $11.6B47
- Paycom SoftwarePAYC $10.93B87
ETFs that hold Bentley Systems
Held by 23 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| L&G Clean Water UCITS ETFXMLC | 2.42% | 0.49% | €588.26M |
| VanEck Morningstar US ESG Wide Moat UCITS ETFGMVM | 1.51% | 0.49% | €368.7M |
| iShares Automation & Robotics UCITS ETF2B76 | 0.52% | 0.40% | €4.49B |
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| Fidelity US Quality Income UCITS ETF INC-USDFUSD | 0.43% | 0.25% | €1.89B |
| Fidelity Global Quality Income UCITS ETF INC-USDFGEQ | 0.29% | 0.40% | €1.03B |
| State Street SPDR S&P 400 U.S. Mid Cap UCITS ETF (Acc)SPY4 | 0.22% | 0.30% | €5.27B |
| Xtrackers Artificial Intelligence & Big Data UCITS ETF 1CXAIX | 0.08% | 0.35% | €7.53B |
| State Street SPDR MSCI World Small Cap UCITS ETF (Acc)ZPRS | 0.07% | 0.45% | €1.53B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 4 Nov 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.