Bentley Systems, Incorporated (BSY) fair value analysis
Nasdaq · Updated 2026-10-19
BSY price how computed
Forward Fair Value verdict
UndervaluedBSY is trading at more than a 25% discount to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $35.37
- Sector
- Technology
- 12-month range
- $28.42–$52.20
- Market cap
- $10.3B
- From 52-week high
- -32.2%
- Shares outstanding
- 291M
- Rank in Technology by discount to fair value
- #18 of 181
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Bentley Systems, Incorporated is a software company that develops and provides infrastructure engineering applications used for designing, constructing, and operating infrastructure projects. The company operates globally, serving customers across the transportation, utilities, government, and construction industries worldwide.
BSY currently ranks #18 of 181 Technology stocks by discount to fair value. It has screened as Undervalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $10.3B
- P/E (trailing)
- 32x
- Revenue (TTM)
- $1.6B
- Net margin
- 18.1%
- EPS (TTM)
- $1.10
- Gross margin
- 82.0%
- Debt / equity
- 1.05
- Revenue growth (3-yr avg)
- 11.3%
- Shares outstanding
- 291M
Derived indicators how computed
- Quality grade
- C
- Margin trend
- Stable
- 52-week position
- The lower-middle quarter of its range
- DCF cross-check
- Overvalued
Technicals how computed
- RSI (14-day)
- 64 · neutral
- 50-day average
- $34.29
- 200-day average
- $34.34
- Moving-average state
- 50-day below 200-day (death cross state); price between the averages
Dividends how computed
- Paid, last 12 months
- $0.28 per share (4 payments)
- Yield on last price
- 0.79%
- Consecutive years of increases
- 3
- Last ex-dividend date
- 2026-09-22
- Last payment date
- 2026-09-29
Earnings how computed
- Next earnings report
- 2026-11-05 (pre-market)
- Last 8 quarters vs consensus
- 3 beat, 2 missed
- Quarter by quarter
- 2026-06 ▬ met (0.0%)
2026-03 ▲ beat (+5.6%)
2025-12 ▬ met (0.0%)
2025-09 ▼ miss (-4.3%)
2025-06 ▲ beat (+10.3%)
2025-03 ▲ beat (+16.7%)
2024-12 ▼ miss (-4.2%)
2024-09 ▬ met (0.0%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 13 buy · 4 hold · 0 sell (17 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $44.3
- Target vs last price
- +25.2%
What our data shows for BSY
- Our model validated 17 trailing price-to-earnings windows for BSY, built from quarterly earnings records.
- Shares are trading in the lower third of their 12-month price range of $28.42–$52.20.
- The 14-day relative strength index sits at a neutral 64.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for BSY
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent BSY news
TickrTrends' derived news-sentiment signal for BSY is currently leaning positive, computed from recent coverage.
- Bentley Systems: Deterministic Engineering Makes It An AI Beneficiary (NASDAQ:BSY) (seekingalpha.com, 2026-10-01)
TickrTrends take: Bentley Systems operates in the Technology sector and is currently assessed as undervalued according to TickrTrends valuation analysis. The company's positioning around deterministic engineering and AI applications suggests potential operational advantages that could influence future earnings power and justify valuation expansion. Investors focused on valuation metrics should monitor whether the market eventually recognizes the revenue or margin potential embedded in these technological capabilities. - Naviam Announces Definitive Agreement to Acquire Cohesive from Bentley Systems, Alongside Significant Growth Investment from Norwest (prweb.com, 2026-09-07)
TickrTrends take: Bentley Systems is divesting Cohesive through this transaction, which could streamline its portfolio and potentially improve capital efficiency for the parent company. Given TickrTrends' current undervalued assessment of BSY, investors should monitor whether this strategic asset sale generates proceeds that management deploys toward shareholder returns, debt reduction, or high-return growth initiatives. The divestiture may also provide clarity on Bentley's core business performance and profitability metrics that could influence how the market values the company going forward.
What people are saying
Follow the BSY conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — TickrTrends' derived indicators for BSY show a shift in the 50/200-day trend state from mixed to uptrend this week. The current valuation verdict for the Technology sector stock remains Undervalued.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — TickrTrends' derived indicators for BSY show that the 50/200-day trend state has shifted from downtrend to mixed this week. Despite this technical change, the current valuation verdict remains Undervalued for the Technology sector company. The mixed trend state suggests reduced downward momentum compared to the previous week's downtrend positioning.
- 2026-10-05 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — TickrTrends' derived indicators for BSY show a shift in technical momentum this week. The 50/200-day trend state moved from mixed to downtrend, while the sector discount rank improved from number 33 to number 28 among Technology sector peers. Despite the downtrend signal, TickrTrends' current valuation verdict remains Undervalued.
- 2026-09-21 — # BSY - Technology Sector TickrTrends' derived indicators for BSY showed a change in momentum assessment this week, with the previous C rating moving to none. The stock maintains an undervalued valuation verdict based on current analysis.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is BSY stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), BSY is trading at more than a 25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.
What is BSY's TickrTrends verdict?
BSY's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.
How does BSY compare to other Technology stocks?
BSY ranks #18 of 181 Technology stocks in TickrTrends' coverage by discount to fair value.
Is BSY overbought or oversold?
BSY's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does BSY pay a dividend?
Yes. BSY paid $0.28 per share over the last twelve months (4 payments), a 0.79% yield on TickrTrends' last price, and has raised the annual total for 3 consecutive years. The last ex-dividend date was 2026-09-22.
When does BSY report earnings next?
BSY's next earnings report is scheduled for 2026-11-05 (pre-market), per the published earnings calendar.
Does BSY usually beat earnings estimates?
Over its last 8 reported quarters BSY beat the consensus estimate 3 times and missed 2 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about BSY?
Of 17 analysts covering BSY, 13 rate it a buy, 4 a hold and 0 a sell - buy-leaning, with a consensus price target of $44.3 (+25.2% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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