BSY
Bentley Systems, IncorporatedTechnology · $9.3B market cap
Verdict
Share price
$32.23
close of Oct 3, 2026
Fair value
$34.43
Sticker Price
Payback Price
$13.77
buy price
BSY is Fairly Valued: at $32.23 it's within 6% of its fair value of $34.43. Its buy price (Payback Price) is $13.77, 57% below today's price. Business quality is strong: 4 of 5 key numbers clear the 10% bar.
How we valued it
Free Cash Flow. Sales grew 11% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.
Business quality
4 of 5 clear the 10% bar. What are the Big Five?
Follow BSY
Get notified when it reaches its buy price of $13.77. Free.
Create a free accountSuperinvestors
2 of the investors we track hold BSY. In Q2 2026, 2 added. Who we track
Howard Marks
Oaktree Capital Management · as of Q2 2026
$52.2B
54,264,000 shares
Mairs & Power Funds
Mairs & Power Funds · as of Q2 2026
$29.0M
970,114 shares
Moves in Q2 2026
Added: Mairs & Power Funds, Howard Marks
Insider activity
Since Jun 11, 2026: no open-market purchases and 20 other filings (stock awards, tax withholding and similar). Why purchases matter
Other filings
Shaman David R.
Chief Legal Officer · 2026-08-31
Tax withholding
$245K
BENTLEY GREGORY S
Executive Chair & President · 2026-08-27
G-Gift
13,192 shares
BENTLEY GREGORY S
Executive Chair & President · 2026-08-12
G-Gift
281 shares
BENTLEY GREGORY S
Executive Chair & President · 2026-08-12
G-Gift
703 shares
Shaman David R.
Chief Legal Officer · 2026-08-02
Tax withholding
$37K
Show all 20 other filingsShow fewer
BENTLEY GREGORY S
Executive Chair & President · 2026-07-23
Tax withholding
$804K
BENTLEY GREGORY S
Executive Chair & President · 2026-07-23
Award
$1.8M
Shaman David R.
Chief Legal Officer · 2026-07-08
Tax withholding
$22K
Shaman David R.
Chief Legal Officer · 2026-06-11
Award
620 shares
BENTLEY GREGORY S
Executive Chair & President · 2026-06-11
Award
3,749 shares
Bentley Barry J.
director · 2026-06-11
Award
3 shares
Ballard Brock
Chief Revenue Officer · 2026-06-11
Award
202 shares
Bentley Keith A.
director · 2026-06-11
Award
1,050 shares
Griswold Kirk B.
director · 2026-06-11
Award
86 shares
Lee James K
Chief Operating Officer · 2026-06-11
Award
466 shares
Moutte Julien
Chief Technology Officer · 2026-06-11
Award
201 shares
Cumins Nicholas
Chief Executive Officer · 2026-06-11
Award
878 shares
Bentley Raymond B.
director · 2026-06-11
Award
2,076 shares
Trimback Thomas F
Chief Accounting Officer · 2026-06-11
Award
42 shares
Andre Werner
Chief Financial Officer · 2026-06-11
Award
301 shares
About Bentley Systems, Incorporated
Bentley Systems, Inc., along with its affiliated companies, delivers specialized software solutions for infrastructure engineering across a global footprint, encompassing the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. Its offerings encompass open modeling and simulation software for integrated infrastructure design, featuring tools such as MicroStation, OpenRoads, OpenRail, OpenPlant…
Software - Application
Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works