Is It Too Late To Consider Buying Bentley Systems, Incorporated (NASDAQ:BSY)?

Bentley Systems, Incorporated (NASDAQ:BSY) has been on a rollercoaster ride in recent months, with its stock price fluctuating significantly. As of February 9, 2025, the stock is trading at $45.77, down from its 52-week high of $57.19 but still up from its 52-week low of $43.82. This raises the question: is it too late to consider buying Bentley Systems, or is there still room for growth?

Bentley Systems is a leading provider of infrastructure engineering software solutions, with a strong track record of growth and innovation. The company's software solutions are used by civil, structural, geotechnical, subsurface, process engineers, architects, geospatial professionals, city and regional planners, contractors, fabricators, and operations and maintenance engineers. Its extensive product portfolio includes open modeling engineering applications, open simulation engineering applications, and geoprofessional applications, as well as infrastructure cloud applications and the iTwin platform.



One of the key indicators of Bentley Systems' growth potential is its revenue growth. The company has consistently shown strong revenue growth, with a CAGR of +8% over more than 20 years. In 2024, its revenue growth was 11.36% compared to the previous year (Benzinga, 2025). This strong revenue growth is driven by the company's expanding customer base and its ability to provide innovative solutions that meet the evolving needs of its clients.



Another important metric is Bentley Systems' operating margin. The company has high and expanding operating and free cash flow margins, indicating strong cash generation and profitability. In 2024, its operating margin was 19.86%, and its free cash flow margin was 20.92% (Benzinga, 2025). These high margins suggest that the company is efficiently managing its costs and generating significant cash flow, which can be reinvested in growth initiatives or returned to shareholders.



Analysts have a positive outlook on Bentley Systems' stock, with an average target price of $57, which predicts an increase of 24.54% from the current stock price of $45.77. The analyst consensus is a "Buy" rating, indicating that analysts believe this stock is likely to outperform the market over the next twelve months.

Despite the recent fluctuations in its stock price, Bentley Systems remains a strong investment opportunity due to its robust financial fundamentals, resilient balance sheet, and exposure to secular tailwinds. The company's investments in new technologies, such as digital twins and AI, also play a crucial role in its future prospects and competitive position. These innovations enable Bentley Systems to enhance its offerings, address growing market demands, and maintain its leadership in the infrastructure engineering software industry.

In conclusion, while Bentley Systems' stock price has been volatile in recent months, the company's strong financial performance, innovative solutions, and positive analyst outlook make it an attractive investment opportunity. It is not too late to consider buying Bentley Systems, as the company's growth prospects remain strong, and its stock price may continue to rise as its fundamentals improve. As always, it is essential to conduct thorough research and consider your risk tolerance before making any investment decisions.