BNP Paribas Rates Bentley Systems (BSY) buy, $40 Price Target

BNP Paribas maintains its buy rating on Bentley Systems with a $40 price target, a 39.57% upside from the current price.

By EarningsIQ Research Desk · Published Jun 18, 2026, 2:01 PM EDT · Updated Jun 25, 2026, 5:01 AM EDT

Reviewed by automated data checks against the source data. How we make and check alerts

BNP Paribas rated Bentley Systems, Incorporated ($BSY) "buy" with a $40 price target on June 18, 2026.

Since the rating, $BSY is down 2.3% after 1 week, up 10.1% after 1 month and up 20.6% to date (from the $29.32 close on Jun 18, 2026).

BSY Bentley Systems, Incorporated

$35.37 -6.72% year to date

Daily close · Oct 16, 2026

Key Points

BNP Paribas reiterated its buy rating for Bentley Systems, setting a $40 price target on June 18, 2026.
BNP Paribas's $40 price target implies 39.57% upside from Bentley Systems, Incorporated's ($BSY) current $28.66 share price.
Bentley Systems, traded as BSY on NasdaqGS, is priced at $29.34 with a market cap of $8.91 billion and a P/E ratio of 33.7.
Insiders, including key executives, recently bought shares, and analysts largely maintain positive ratings with a mean target of $45.43.

Get $BSY trade alerts by text

We text you when insiders, Congress or big funds trade $BSY. Free.

Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Bentley Systems, Incorporated alert may contain errors. Disclosures

BNP Paribas reiterated its buy rating on Bentley Systems, Incorporated (NasdaqGS: BSY) on June 18, 2026. Analyst Andrew DeGasperi set a price target of $40 for the company, suggesting potential upside from its current trading price of $29.34.

Other Institutional Activity in Bentley Systems

BlackRock, Inc. reduced its holdings in Bentley Systems by about 4.07 million shares, leaving it with 16.8 million shares valued at approximately $590.2 million. Swedbank AB added 410,799 shares, increasing its total to 9 million shares worth about $316.1 million. Vanguard Portfolio Management LLC established a new position with 8.99 million shares valued at $315.6 million. T. Rowe Price Investment Management, Inc. significantly boosted its stake by 7.08 million shares, holding 7.99 million shares worth $280.6 million. Conversely, Kayne Anderson Rudnick Investment Management LLC cut its position by 5.81 million shares, retaining 7.06 million shares valued at $247.9 million.

Bentley Systems, Incorporated Stock Down 12.0%

Shares of Bentley Systems trade around $29.34 on the NasdaqGS. The company has a market cap of about $8.91 billion and a P/E ratio of 33.7. Its forward P/E is 18.6, indicating expectations of earnings growth. The stock's 52-week range spans from $29.23 to $59.25, with a beta of 0.988, suggesting it moves in line with the market. The 50-day moving average stands at $32.89, while the 200-day is $40.26.

12-month forecast

$BSY price target

Bentley Systems, Incorporated daily closes and this analyst's $40 target. Not advice.

Recent Earnings

Bentley Systems reported revenue of $1.56 billion, reflecting a growth rate of 14.5%. The company's net margin is 18.1%, with a return on equity of 24.3%. Earnings per share (EPS) are $0.87. The next earnings announcement is anticipated on August 5, 2026.

Dividend

Bentley Systems offers an annual dividend rate of $0.28, resulting in a yield of 0.93%. The company's dividend payout ratio is 32.2%, which indicates a sustainable payout relative to its earnings.

Insider Buying and Selling at Bentley Systems, Incorporated

On June 11, 2026, several insiders, including Chief Legal Officer David Shaman and Executive Chair & President Gregory Bentley, purchased shares of the company. These transactions were not part of a pre-planned trading program.

Analysts Set New Price Targets

On June 18, 2026, BNP Paribas reiterated its buy rating on Bentley Systems with a $40 price target. Barclays maintained its hold rating with a $40 target on May 29, 2026. Mizuho and Piper Sandler both maintained buy ratings with targets of $45 on May 8, 2026. The consensus among analysts is a buy rating, with an average target price of $45.43 based on 14 opinions.

About Bentley Systems

Bentley Systems, Incorporated, headquartered in Exton, Pennsylvania, provides software solutions for infrastructure engineering. The company develops applications like MicroStation and ProjectWise, serving engineers, architects, and planners worldwide. Led by CEO Nicholas H. Cumins, Bentley Systems employs approximately 5,800 people.

Bottom Line

BNP Paribas' reaffirmation of a buy rating for Bentley Systems highlights continued confidence in the company's growth potential. With its robust market presence in infrastructure software, investors closely watch Bentley's performance. As a reminder, analyst ratings and targets are based on past performance and projections, and actual results may vary.