Market Cap
$9.7B
BSY
BENTLEY SYSTEMS INC
$32.23 ▼ -1.59%
Prev close $32.75Market cap$9.7B
ConsensusBuy
12-mo target$43.93 (+36.3%)
▲ Bullish
Analyst conviction 8/10
High Impact Filing (8/10)22 New Institutional Positions28 Institutional Exits Software & IT
Snapshot
The big-picture read on BSY right now — valuation, ownership and activity at a glance.
Cap Size
Mid Cap
Analyst Consensus
Strong Buy (76%)
Inst. Holders
50 funds
Inst. Value
$3.7B
Inst. Activity
22 buys / 28 sells
SEC Reports
3
Price chart 30d -9.4%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Oct 1, 2026 short_volume
Short Volume: BSY — 61.7% short (0.4M / 0.6M)
Short: 352,900 | Exempt: 112 | TRF Vol: 572,144 | Short Ratio: 61.7% | Off-exchange volume (dark poo
Sep 29, 2026 Insider
Andre Werner was granted 199 shares
Chief Financial Officer
Sep 29, 2026 Insider
Trimback Thomas F was granted 23 shares
Chief Accounting Officer
Sep 29, 2026 Insider
Aug 6, 2026 SEC Cumins Nicholas was granted 737 shares
Chief Executive Officer
Bentley Systems reported Q2 2026 results with total revenue of $410.7M (+12.8% YoY), slightly below the $412.1M consensu
8-K — Impact 5/10
Jun 30, 2026 Inst.
NORGES BANK — NEW
9,480,213 shares ($283.4M)
Jun 30, 2026 Inst.
Apr 10, 2026 SEC WILLIAM BLAIR INVESTMENT MANAGEMENT, — ADD
5,942,507 shares ($177.6M)
Bentley Systems, Inc. filed a definitive proxy statement for its 2026 annual shareholder meeting, which will be held vir
DEFA14A — Impact 2/10
Analyst ratings buy % +16.9%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
76% rate it Buy or better · 21 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Sep 15, 2026 | Cantor Fitzgerald | INITIATE | Overweight | 49% |
| Aug 10, 2026 | Rosenblatt | MAINTAIN | Buy | 54% |
| Aug 7, 2026 | Piper Sandler | MAINTAIN | Overweight | 54% |
| Jun 18, 2026 | BNP Paribas | INITIATE | Outperform | — |
| May 29, 2026 | Barclays | MAINTAIN | Equal-Weight | 54% |
| May 8, 2026 | Mizuho | MAINTAIN | Outperform | 52% |
| May 8, 2026 | Piper Sandler | UPGRADE | Overweight | 54% |
| May 4, 2026 | UBS | MAINTAIN | Neutral | 55% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 6 | 10 | 5 | 0 | 0 | 76% | |
| Aug 1, 2026 | 6 | 10 | 5 | 0 | 0 | 76% | |
| Jul 1, 2026 | 6 | 10 | 5 | 0 | 0 | 76% | |
| Jun 1, 2026 | 6 | 9 | 5 | 0 | 0 | 75% | |
| May 1, 2026 | 5 | 8 | 7 | 0 | 0 | 65% | |
| Apr 1, 2026 | 5 | 8 | 7 | 0 | 0 | 65% | |
| Mar 1, 2026 | 5 | 8 | 7 | 0 | 0 | 65% | |
| Feb 1, 2026 | 5 | 8 | 7 | 0 | 0 | 65% |
Price targets
Where 15 covering analysts think BSY trades over the next 12 months.
$43.93 +36.3% upside Strong Buy
Current$32.23 Low$37.00 Median$43.00 High$59.00 15 analysts
$37.00$59.00
Analyst rating Buy· 1.6/5 as of Oct 2, 2026
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
3 SEC filing reports analyzed · 1 bullish, 0 bearish, 0 mixed, 2 neutral · avg impact 5.0/10.
NEUTRAL8-K5/10
Bentley Systems reported Q2 2026 results with total revenue of $410.7M (+12.8% YoY), slightly below
Aug 6, 2026
NEUTRALDEFA14A2/10
Bentley Systems, Inc. filed a definitive proxy statement for its 2026 annual shareholder meeting, wh
Apr 10, 2026
BULLISH8-K8/10
Bentley Systems reported strong 2025 financial results with double-digit revenue and earnings growth
Feb 26, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Oct 1, 2026
short_volume
Short Volume: BSY — 61.7% short (0.4M / 0.6M)
Short: 352,900 | Exempt: 112 | TRF Vol: 572,144 | Short Ratio: 61.7% | Off-exchange volume (dark pool + OTC)
Sep 30, 2026
short_volume
Short Volume: BSY — 77.6% short (0.4M / 0.5M)
Short: 392,778 | Exempt: 11 | TRF Vol: 506,157 | Short Ratio: 77.6% | Off-exchange volume (dark pool + OTC)
Sep 29, 2026
short_volume
Short Volume: BSY — 76.5% short (0.7M / 1.0M)
Short: 728,831 | Exempt: 134 | TRF Vol: 952,894 | Short Ratio: 76.5% | Off-exchange volume (dark pool + OTC)
Sep 28, 2026
short_volume
Short Volume: BSY — 63.9% short (0.4M / 0.6M)
Short: 382,517 | Exempt: 1,543 | TRF Vol: 599,084 | Short Ratio: 63.9% | Off-exchange volume (dark pool + OTC)
Sep 25, 2026
short_volume
Short Volume: BSY — 73.1% short (0.6M / 0.8M)
Short: 554,862 | Exempt: 633 | TRF Vol: 759,172 | Short Ratio: 73.1% | Off-exchange volume (dark pool + OTC)
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $0.33 | $0.27–$0.35 | 20.9% | -0.6% | 1↑ 7↓ | $0.4B | 15 |
| Next Q | $0.34 | $0.31–$0.36 | 24.7% | -0.8% | 2↑ 4↓ | $0.4B | 15 |
| Current FY | $1.38 | $1.16–$1.44 | 14.1% | -0.7% | 9↑ 3↓ | $1.7B | 17 |
| Next FY | $1.56 | $1.32–$1.70 | 13.3% | -0.4% | 2↑ 8↓ | $1.9B | 17 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $0.326 | — |
| 7d ago | $0.330 | -0.003 |
| 30d ago | $0.328 | -0.002 |
| 60d ago | $0.338 | -0.012 |
| 90d ago | $0.338 | -0.012 |
Institutional ownership
Which big funds own BSY (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $3.7B total value (123,268,554 shares) as of 2026-Q2. Top holders: NOMURA, BlackRock,, VANGUARD. Net selling activity: 28 institutions trimmed/exited vs 22 added.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| NOMURA ASSET MANAGEMENT CO LTD | 0 | $0.00 | 0.0% | — |
| BlackRock, Inc. | 16,067,886 | $480.3M | 13.0% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 9,501,795 | $284.0M | 7.7% | — |
| NORGES BANK | 9,480,213 | $283.4M | 7.7% | NEW |
| Swedbank AB | 9,000,000 | $269.0M | 7.3% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 7,116,220 | $212.7M | 5.8% | — |
| MORGAN STANLEY | 6,027,027 | $180.1M | 4.9% | — |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 5,942,507 | $177.6M | 4.8% | ADD +78.8% |
| STATE STREET CORP | 5,036,633 | $150.5M | 4.1% | — |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 4,937,116 | $147.6M | 4.0% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| NORGES BANK | NEW | — | 9,480,213 | — | $283.4M |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | ADD | 3,322,723 | 5,942,507 | +78.8% | $177.6M |
| MILLENNIUM MANAGEMENT LLC | DOUBLED | 1,274,386 | 3,517,855 | +176.0% | $105.1M |
| DIMENSIONAL FUND ADVISORS LP | ADD | 1,327,900 | 2,002,104 | +50.8% | $59.8M |
| UBS Group AG | TRIM | 2,460,150 | 1,813,266 | -26.3% | $54.2M |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | TRIM | 7,059,346 | 1,798,251 | -74.5% | $53.7M |
| GOLDMAN SACHS GROUP INC | TRIM | 3,110,165 | 1,768,231 | -43.1% | $52.9M |
| MACKENZIE FINANCIAL CORP | DOUBLED | 418,875 | 1,698,728 | +305.5% | $50.8M |
| CITIGROUP INC | DOUBLED | 213,176 | 1,193,860 | +460.0% | $35.7M |
| MAIRS & POWER INC | DOUBLED | 236,158 | 970,114 | +310.8% | $29.0M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
15 insiders, 50 transactions. Net $0.00 — $0.00 bought, $0.00 sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 29, 2026 | Andre Werner | Chief Financial Officer | AWARD | 199 | — | — |
| Sep 29, 2026 | Trimback Thomas F | Chief Accounting Officer | AWARD | 23 | — | — |
| Sep 29, 2026 | Cumins Nicholas | Chief Executive Officer | AWARD | 737 | — | — |
| Sep 29, 2026 | Bentley Raymond B. | Director | AWARD | 2,044 | — | — |
| Sep 29, 2026 | Rahden Andrew | Chief Revenue Officer | AWARD | 174 | — | — |
| Sep 29, 2026 | Moutte Julien | Chief Technology Officer | AWARD | 106 | — | — |
| Sep 29, 2026 | Lee James K | Chief Operating Officer | AWARD | 402 | — | — |
| Sep 29, 2026 | Griswold Kirk B. | Director | AWARD | 85 | — | — |
| Sep 29, 2026 | Bentley Keith A. | Director | AWARD | 1,033 | — | — |
| Sep 29, 2026 | Shaman David R. | Chief Legal Officer | AWARD | 469 | — | — |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for BSY.
Shares short
17,832,774
Settlement Sep 15, 2026
Change vs prior
+5.8%
Semi-monthly cycle
Days to cover
8.0
At avg daily volume
Of shares outstanding
≈5.9%
Estimate — not % of float
All BSY filing & press-release reports (3)
- 8-K reportAug 6, 2026
- DEFA14A reportApr 10, 2026
- 8-K reportFeb 26, 2026