BNP Paribas Reiterates Buy Rating for Bentley Systems
BNP Paribas maintains its buy rating on Bentley Systems with a $40 price target.
Key Points
- BNP Paribas reiterated its buy rating for Bentley Systems, setting a $40 price target on June 18, 2026.
- 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.
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 Stock Snapshot
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.
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.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.