Bentley Systems (NASDAQ:BSY) Shares Gap Up – Here’s What Happened

Bentley Systems, Incorporated (NASDAQ:BSY)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $32.48, but opened at $35.62. Bentley Systems shares last traded at $35.8450, with a volume of 812,211 shares changing hands.

Key Stories Impacting Bentley Systems

Here are the key news stories impacting Bentley Systems this week:

• Positive Sentiment: Q4 outperformance and above‑consensus FY26 guide — Management reported stronger enterprise subscription mix and SMB penetration, 4Q25 EPS +28.6% YoY, and issued FY26 revenue guidance of ~$1.7B (≈12% constant‑currency growth), which underpins the bullish thesis on reaccelerating service revenue and upgrades. Article Title
• Positive Sentiment: Top‑line beat with margin strength — Q4 revenue of $391.6M topped consensus (~$381.8M); EPS matched estimates at $0.27 and revenue was up ~11.9% YoY, supporting the company’s growth narrative. Article Title
• Positive Sentiment: Board approved quarterly dividend — BSY declared a $0.07 quarterly dividend (yield ~0.8%), which may modestly support investor demand for the shares. (Ex‑dividend March 10)
• Neutral Sentiment: Conference materials and call available — Earnings call transcript and slide deck were published for deeper diligence; investors can review management remarks for cadence on enterprise upgrades and margin assumptions. Article Title
• Negative Sentiment: Analysts trimmed price targets — Several firms cut PTs after the print (Mizuho $62→$50, Oppenheimer $53→$43, Rosenblatt to $50). Ratings largely stayed as “outperform,” but lower PTs reduce upside expectations and can drive near‑term selling. Article Title Article Title
• Negative Sentiment: Elevated short interest — Short interest rose in February to ~17.7M shares (≈7.6% of float) with a ~4.7 days‑to‑cover figure, increasing downside pressure and volatility if bearish flows persist.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. UBS Group reduced their target price on Bentley Systems from $60.00 to $40.00 and set a “neutral” rating on the stock in a report on Monday. Robert W. Baird set a $55.00 price objective on shares of Bentley Systems in a research note on Wednesday, January 7th. Oppenheimer dropped their price objective on Bentley Systems from $53.00 to $43.00 and set an “outperform” rating on the stock in a research note on Friday. Royal Bank Of Canada dropped their target price on shares of Bentley Systems from $65.00 to $48.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Finally, Barclays reduced their price target on shares of Bentley Systems from $57.00 to $47.00 and set an “equal weight” rating for the company in a report on Monday, January 12th. Eight analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Bentley Systems presently has an average rating of “Moderate Buy” and an average price target of $49.83.

Bentley Systems Price Performance

The business has a 50 day simple moving average of $36.70 and a two-hundred day simple moving average of $44.71. The firm has a market capitalization of $10.67 billion, a P/E ratio of 42.50, a price-to-earnings-growth ratio of 2.56 and a beta of 1.21. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.61 and a current ratio of 0.61.

Bentley Systems (NASDAQ:BSY) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. The business had revenue of $391.58 million during the quarter, compared to analysts’ expectations of $381.79 million. Bentley Systems had a return on equity of 29.05% and a net margin of 18.50%.The business’s revenue was up 11.9% on a year-over-year basis. During the same quarter last year, the business posted $0.21 EPS. On average, sell-side analysts expect that Bentley Systems, Incorporated will post 0.88 EPS for the current fiscal year.

Bentley Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Tuesday, March 10th will be issued a $0.07 dividend. The ex-dividend date is Tuesday, March 10th. This represents a $0.28 annualized dividend and a yield of 0.8%. Bentley Systems’s dividend payout ratio is 32.56%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. National Pension Service bought a new position in Bentley Systems in the 3rd quarter valued at approximately $28,000. Baillie Gifford & Co. bought a new position in shares of Bentley Systems during the 3rd quarter valued at $28,000. Los Angeles Capital Management LLC purchased a new position in shares of Bentley Systems in the 4th quarter worth $25,000. Geneos Wealth Management Inc. grew its holdings in shares of Bentley Systems by 1,529.3% in the first quarter. Geneos Wealth Management Inc. now owns 668 shares of the company’s stock worth $26,000 after acquiring an additional 627 shares during the period. Finally, Allworth Financial LP lifted its holdings in Bentley Systems by 37.6% in the second quarter. Allworth Financial LP now owns 702 shares of the company’s stock valued at $38,000 after acquiring an additional 192 shares during the period. Hedge funds and other institutional investors own 44.16% of the company’s stock.

About Bentley Systems

Bentley Systems, Inc is a global software provider specializing in infrastructure engineering applications for the design, construction, and operations of roads, bridges, rail and transit systems, water and wastewater networks, power plants and grids, industrial facilities, and communications infrastructure. Founded in 1984 by brothers Keith and Barry Bentley, the company is headquartered in Exton, Pennsylvania, and maintains offices and development centers across North America, Europe, Asia, and Australia.