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Bentley Systems Inc has a consensus price target of $60.38 based on the ratings of 10 analysts. The high is $65 issued by Piper Sandler on November 8, 2024. The low is $50 issued by Goldman Sachs on August 7, 2024. The 3 most-recent analyst ratings were released by Rosenblatt, Piper Sandler, and Rosenblatt on November 8, 2024, November 8, 2024, and September 16, 2024, respectively. With an average price target of $63 between Rosenblatt, Piper Sandler, and Rosenblatt, there's an implied 31.00% upside for Bentley Systems Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Bentley Systems (NASDAQ:BSY) was reported by Rosenblatt on November 8, 2024. The analyst firm set a price target for $62.00 expecting BSY to rise to within 12 months (a possible 28.92% upside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for Bentley Systems (NASDAQ:BSY) was provided by Rosenblatt, and Bentley Systems maintained their buy rating.
The last upgrade for Bentley Systems Inc happened on February 26, 2024 when Rosenblatt raised their price target to $60. Rosenblatt previously had a neutral for Bentley Systems Inc.
The last downgrade for Bentley Systems Inc happened on August 9, 2023 when Wolfe Research changed their price target from N/A to N/A for Bentley Systems Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bentley Systems, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Bentley Systems was filed on November 8, 2024 so you should expect the next rating to be made available sometime around November 8, 2025.
While ratings are subjective and will change, the latest Bentley Systems (BSY) rating was a maintained with a price target of $62.00 to $62.00. The current price Bentley Systems (BSY) is trading at is $48.09, which is out of the analyst’s predicted range.
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