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Stock impact report

Bentley Systems: Cheaper But Not Cheap [Seeking Alpha]

Bentley Systems, Incorporated - Class B (BSY) 
Company Research Source: Seeking Alpha
Its valuation has compressed significantly, with sales multiples down from 14-15x to 10x and realistic earnings multiples from 70x to 40x. While Bentley maintains stable growth and profitability, competition from Autodesk and potential AI disruption temper enthusiasm for immediate investment. Despite improved valuation, I remain cautious and prefer to watch BSY further before considering a position. Hispanolistic/E+ via Getty Images In the spring of 2024, I concluded that Bentley Systems ( BSY was a premium business that traded at premium valuations. The provider of infrastructure engineering software was competing with industry giant Autodesk ( ADSK and others, yet was awarded a More on my IG service If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we provide cov Show less Read more
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