Fiscal Constraints And Open-Source Competition Will Erode Margins

Analyst Low Target compiles bearish analysts opinions to create narratives which represent one standard deviation below the consensus price target, using forecasted revenue and earnings figures, as well as the transcripts of earnings calls.

Published

03 Aug 25

Updated

03 Jun 26

Views

Not Invested

Shared on 03 Jun 26

Fair value Decreased 4.76%

BSY: Infrastructure AI And Recurring Revenue Will Support Returns Despite Reset Expectations

Bentley Systems keeps growing its subscription business while pushing new AI tools, including a road-monitoring deal with a government in South Africa. Analysts still turn more cautious on what investors should expect, even as the company lines up more borrowing capacity for deals and shareholder returns.

2 views

Shared on 03 Feb 26

BSY: Agentic AI And Buybacks Will Support Returns Despite Softer Outlook

Narrative Update The analyst price target for Bentley Systems has been reduced by $12, as analysts factor in softer long term growth assumptions, more measured profitability expectations compared with peers, and a series of recent target cuts following updated models across the coverage universe. Analyst Commentary Recent research updates on Bentley Systems point to a more cautious tone, with several bearish analysts trimming price targets and, in at least one case, downgrading the rating as they reassess growth and profitability assumptions for the next few years.

6 views

Shared on 20 Jan 26

Fair value Decreased 8.92%

BSY: Agentic AI And Buybacks Will Offset Softer Outlook Through 2026

Analysts have trimmed their fair value estimate for Bentley Systems from US$46.12 to US$42.00, reflecting a broader reset in price targets as they consider softer organic ARR outlook, more moderate profitability expectations, and updated sector views for 2026. Analyst Commentary Recent Street research on Bentley Systems has tilted more cautious, with several bearish analysts cutting price targets and, in one case, moving to a more neutral stance on the stock.

3 views

Shared on 05 Jan 26

BSY: Agentic AI And Buybacks Will Support Future Upside Potential

Narrative Update The analyst price target for Bentley Systems has shifted modestly lower to reflect a mixed set of recent views, with some firms trimming targets into the low US$50s and others setting objectives in the high US$50s as they weigh solid Q3 results against limited share price appreciation potential, as well as interest in agentic AI initiatives. Analyst Commentary Recent research on Bentley Systems reflects a split view, with some firms highlighting solid Q3 results and interest in agentic AI initiatives, while others are more reserved on valuation and upside from current levels.

20 views

Shared on 22 Dec 25

Fair value Increased 9.80%

BSY: Agentic AI Expansion Will Support Upside Despite Recent Caution

The analyst’s fair value estimate for Bentley Systems has been raised by about $4 to approximately $46 per share, as analysts balance slightly softer growth and margin assumptions against continued solid quarterly results and growing enthusiasm for the company’s AI driven infrastructure software opportunity. Analyst Commentary Recent Street research highlights a more mixed sentiment backdrop, with some incremental caution emerging around valuation and the balance of risk and reward at current levels.

7 views

Fiscal Constraints And Open-Source Competition Will Erode Margins

BSY: Infrastructure AI And Recurring Revenue Will Support Returns Despite Reset Expectations

BSY: Agentic AI And Buybacks Will Support Returns Despite Softer Outlook

BSY: Agentic AI And Buybacks Will Offset Softer Outlook Through 2026

BSY: Agentic AI And Buybacks Will Support Future Upside Potential

BSY: Agentic AI Expansion Will Support Upside Despite Recent Caution

Fair Value vs Share Price

Recent News & Updates

Recent updates

Stay ahead on Bentley Systems

Company analysis

CEO & management