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55

BSY

💻 Technology

Bentley Systems, Incorporated

Conservative #443Aggressive #606Moderate RiskLow 37ML↑ 31pt
$32.48+0.43%
Day High$33.07
Day Low$32.00
Volume4.2M
Mkt Cap$9.5B
52W Low $3152W High $59
Market Cap
$10.4B
P/E Ratio
41.6
Sector avg: 87.8
Rev Growth
10.1%
Sector avg: 14.8%
Earnings Growth
-28.2%
Profit Margin
17.4%
Sector avg: -110.0%
Debt/Equity
1.37

Why This Score

BSY scores 54.6 on the Conservative profile, blending a fundamental score (80% weight, emphasizing quality and stability (84% of fundamental weight)) with a machine-learning signal (20% weight) trained on 82 features across 30 years of data.

Strengths
  • Strong profitability: ROE of 22.6% exceeds the 15% quality threshold.
Risk Factors
  • Signal divergence: Fundamental and ML signals disagree by a significant margin, reducing confidence.
  • Elevated valuation at 41.6x earnings — requires sustained growth to justify the premium.
  • Elevated leverage (D/E 1.37) increases financial risk in a rising-rate environment.

Minor adjustments (-1.6 points) applied. BSY's rank of #443 primarily reflects its factor profile relative to the conservative weight vector.

Score Breakdown

Overall Score54.6
Fundamental Score47.1
ML Score73.0

Score by Horizon

3 Month
74.5
6 Month
83.2
Primary
1 Year
87.6

Quality Assessment

A
Earnings Grade
Strong fundamentals, high earnings quality

Position Sizing

Suggested Allocation
5%
Confidence
high

Score Composition Waterfall

How each component affects the final score
Backtested Scoring Levers (IC-calibrated from 30y ElasticNet)
Weinstein (12.1%)
0
Declining
Sentiment (2.5%)
52
Neutral
Analyst (6.4%)
60
Favorable
Tradability (post-hoc)
97
Grade A
Base
52.2
SHAP
+2.4
Factors
+1.6
Divergence
-1.6
Final
54.6
Positive adjustment
Negative adjustment
Base blend
Final score

Factor Breakdown

63AVG
Value55
Quality85
Growth45
Stability60
Investment70

Signal SegmentsComputed from ML features

Fundamental (Valuation, Quality, Growth)46.0
Technical (Momentum, Weinstein, Volatility)38.0
External (Sentiment, Analyst, Macro)78.0
Scores below 50 indicate weakness in that segment relative to the universe.

Data Quality

Score
Features
Confidence
Feature Coverage96%

Growth Estimates

Short-term
+1.5% to +6.0%
Medium-term
+2.8% to +9.8%
Long-term
+4.2% to +13.5%

ML Model Core Features100 trained inputs → ML Score: 73

These features are direct inputs to the machine learning model. The model was trained on these signals alongside 100 features (including 12 momentum/technical indicators) to produce the ML percentile score.

Analyst Intelligence
Consensus Score60.4/100
Target Upside+47.0%
Coverage12 analysts
Market Sentiment
Sentiment Score52.4/100
News Volume1 articles
Technical Stage
Weinstein Stage4 — Declining
12M Momentum-0.2%
6M Momentum-0.4%
Volatility+0.1%
Momentum & Technical
Momentum Acceleration+16.7%
Momentum ConsistencyModerate (0.57)
Relative Strength vs Sector-25.4%
Trend Strength (ADX Proxy)Moderate (2.3)
Momentum Quality-0.129
Momentum BreadthNarrow
Macro Regime
Bull RegimeYes
High Vol RegimeNo
S&P 500 Return+25.0%
Yield Curve-0.1bp

Sector-Relative AnalysisIn-model features

Value Trap Signal
8%
Low risk
Sector RevGr Rank
P49
Revenue growth vs Technology peers
Sector PE Rank
P31
Valuation vs Technology peers
Sector FCF Rank
P53
Free cash flow vs Technology peers
Growth Deviation
-0.0σ
Z-score vs sector median
Stagnation Flag
NO
Not flagged

Analysis Signals

Scoring Factors
Fundamental score of 58 relative to sector peers58/100
Machine learning model ranks this stock at the 89th percentileP89
ML model weight reduced to 9% due to macro conditions: market in extended rally phase; yield curve inverted (recession indicator); late-cycle economic indicators detected9% ML weight
SHAP feature alignment: +2.5pt (features align with model priorities)—
Blend: 91% fund (57.5) + 9% ML (89.0) + SHAP(+2.5) = 62.9—
Factor quality: +1.6pt (multi-factor composite)—
Risk assessment: moderate. Annualized volatility 9.3%. Max drawdown 41% (-12.0 pts). Price momentum -22% (-3.4 pts)Moderate
Market cap adjustment: +2.0 points ($10.4B market cap)+2.0 pts
Conviction penalty: -1.2pt (conviction=37)—
Divergence penalty: -3.2pt (ML 31pt higher)—
Risk Factors

No risk factors identified.

Sector Peer Comparison(Technology — Rank #100 of 289 stocks)

StockScoreP/ERev GrowthMarginMkt Cap
BSY54.641.610.1%17.4%$10.4B
MPWR84.891.721.2%81.0%$57.1B
ZM84.218.03.1%21.7%$27.7B
NVDA80.645.2114.2%55.8%$4.5T
CRUS79.719.16.0%17.5%$7.4B
ASML77.848.115.6%29.4%$546.0B
IDCC77.431.8-4.0%48.8%$9.7B
CSCO77.127.65.3%18.0%$303.6B
RMBS75.548.320.7%32.3%$11.0B
DBX75.313.91.9%17.7%$6.4B
FSLR75.017.326.7%30.7%$24.2B
SIMO74.79.210.2%13.8%$4.5B
ADI74.374.116.9%20.6%$165.1B
AAPL72.533.16.4%27.0%$3.9T
OLED72.527.012.4%34.3%$5.9B
AMAT72.336.44.4%24.7%$281.7B
Sector Average47.487.814.8%-110.0%—

Market Sentimentvia FMP

Analyst Consensus
Buy12 analysts
Buy: 6Hold: 5Sell: 1
Price Target
$48consensus
Low $40Median $48High $55
+47.8% to consensus target

Company Overviewvia FMP

Bentley Systems, Incorporated, together with its subsidiaries, provides infrastructure engineering software solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers open modeling and open simulation applications for infrastructure design integration, which include MicroStation, OpenRoads, OpenRail, OpenPlant, OpenBuildings, OpenBridge, OpenSite, OpenFlows, STAAD and RAM, SACS, MOSES, AutoPIPE, SITEOPS, CUBE, DYNAMEQ, EMME, and LEGION; and geoprofessional applications for modeling and simulation of near and deep subsurface conditions, including Leapfrog, AGS Workbench, GeoStudio, Imago, MX Deposit, Oasis montaj, PLAXIS, and OpenGround. It also provides project delivery systems that support collaboration, work-sharing, and 4D construction modeling for infrastructure project delivery enterprises, such as ProjectWise, ProjectWise Design Review Service, and SYNCHRO; and asset and network performance systems, such as AssetWise ALIM, AssetWise Asset Reliability, AssetWise Enterprise Interoperability, AssetWise 4D Analytics, AssetWise Linear, and Seequent Central. In addition, it offers industry solutions comprising AssetWise Linear SUPERLOAD, AssetWise Linear Analytics, AssetWise Inspections, ContextCapture, OpenCities, OpenUtilities, OpenTower, OpenWindPower, Power Line, SPIDA, OrbitGT, sensemetrics, PlantSight, and WaterSight. The company serves civil, structural, geotechnical, geoscience subsurface engineers, architects, geospatial professionals, city and regional planners, contractors, fabricators, and operations and maintenance engineers. Bentley Systems, Incorporated was incorporated in 1984 and is headquartered in Exton, Pennsylvania.

CEO
Nicholas H. Cumins
Employees
5,500
Beta
1.20
Industry
Software - Application
FMP-Identified Peers

Technical Picturecomputed from daily prices

RSI (14)
48.4
Neutral
Trend
Bearish
10-day vs 50-day MA
From 52W High
-45.2%
High: $59.25
From 52W Low
+4.9%
Low: $30.97
Moving Averages
10-Day
$33.50
Below
20-Day
$33.80
Below
50-Day
$37.00
Below
200-Day
$47.40
Below
60-Day Support
$30.97
60-Day Resistance
$43.37
Weinstein Stage Analysisbased on 200-day SMA framework
Stage 4 — DecliningScore: 15/100

Stock is in a downtrend below the 200-day moving average. Price is below both the 50-day and 200-day SMAs, indicating sustained selling pressure.

Unfavorable technical position; wait for Stage 1 basing
Price vs 200 SMA
-31.5%
200 SMA Slope (60d)
-3.12%
Falling
Volume Ratio
1.53x
10d avg vs 50d avg
Days in Stage
77
Confidence: 90%

Financial Statementslast 4 quarters via FMP

MetricQ3 2025Q2 2025Q1 2025Q4 2024
Revenue$376M$364M$371M$350M
Gross Profit$303M$295M$305M$282M
Operating Income$84M$84M$115M$61M
Net Income$57M$70M$91M$50M
EPS (Diluted)$0.17$0.22$0.28$0.16
Gross Margin80.8%81.1%82.3%80.6%
Operating Margin22.5%23.2%31.1%17.6%
Net Margin15.3%19.4%24.7%14.3%

Why This Stock

TechnologyRevenue growth 10.1%Profit margin 17.4%

Tradability FilterGrade A — 97/100Score impact: -3.9pt

Volume
100
2.5M avg/day
Dollar Vol
100
$79M/day
Float
100
120M shares
Mkt Cap
79
$10.4B
Range
100
91% spread
Composite Liquidity Score97/100
FDCBA

Multi-Year Range Analysis

Sideways: 10/100
YearLowHighRangeStatus
2021$38.63$71.9260.2%Wide
2022$26.32$48.9160.1%Wide
2023$33.75$55.3748.5%Wide
2024$43.82$57.1926.5%Moderate
2025$36.51$59.2547.5%Wide
3-Year Range
54.8%
Narrow Years
1 / 5
Sideways Penalty
None

Growth Projection Adjustment

0.7x dampening
weinstein basing

Growth estimates have been dampened based on technical and fundamental signals. This is a post-hoc adjustment to prevent overly optimistic projections for stocks showing declining momentum or deteriorating fundamentals.

Free Float
41.1%
Outstanding Shares
292M
Bid-Ask Spread
91.0%
Institutional Tradable
Yes

Scores are generated by a multi-stage ML pipeline combining fundamental analysis, ensemble predictions, and structural risk signals. All data is for research purposes only and does not constitute financial advice. Past performance does not guarantee future results.