Bentley Systems (BSY)
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
$44.94+2.98%
Close 2026-11-05 · 1-day change
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
QuarterlyIQ Insights · BSY
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 59.5% |
| Our one-year growth estimate | diamond | 14.4% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 45.1 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 36 industry peers · Company calendar date is not available
BSY — dividend update
Dated 2026-09-11
Other Events. On September 11, 2026, Bentley Systems, Incorporated (the “Company”) announced that its Board of Directors (the “Board”) declared a $0.07 per share dividend for the third quarter of 2026. The cash dividend will be payable on September 29, 2026 to all stockholders of record of Class A and Class B common stock as of the close of business on September 22, 2026. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Why it matters: The sector is still growing, but its trend is easing. A fall below median growth could add pressure to Bentley's growth story.
Worry ifSector revenue growth falls below its median, as flagged in the sector outlook.
Less concerning ifSector revenue growth stays at or above its median in the next sector update.
Why it matters: Bentley says customers are using AI tools on live work. Paid use would show that this effort can add revenue.
Supportive ifBentley names a paid AI feature or reports revenue from AI use on customer projects.
Worry ifBentley reports no paid AI feature or AI revenue in its next two earnings updates.
Why it matters: Q2 adjusted margin was 28.3%, below 29.3% a year earlier. A recovery would ease concern about added costs.
Supportive ifQ3 AOI less Operating SBC margin is above 29.3%.
Worry ifQ3 AOI less Operating SBC margin stays at or below 28.3%.
Why it matters: ARR growth held near 12% in Q2. A higher rate would show that demand remains firm.
Supportive ifOn November 5, Bentley reports Q3 ARR growth above 12% in constant currency.
Worry ifQ3 constant-currency ARR growth falls below 11.5%, the Q1 rate.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$180 on $10,000 · ±1.8% | How much price usually moves either way. |
| Bad day | $427 loss on $10,000 · 4.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,174 loss on $10,000 · 41.7% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.