Property]- [Commercial Building & Real Estate]### SeequentNASDAQ:BSY---Release SummaryBetter ground investigations with new digitised lab testing in geotechnical data management software OpenGround.Release Versions[English]Hashtags[#Geotechnical][#GeotechnicalEngineering][#GeotechnicalSiteInvestigation]---### ContactsPress Contact: Liz Crawshaw, Director, Brand and External Communications, Seequent, [liz.crawshaw@seequent.com] Sandra Lukey, Shine Group, [sandra@shinegroup.co.nz]Social Media Profiles[Seequen ...

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Core Insights - Bentley Systems, Incorporated (NASDAQ:BSY) specializes in software solutions for infrastructure engineering, competing with companies like Autodesk and Trimble while focusing on infrastructure [1] Performance Summary - BSY's stock has gained approximately 0.64% over the past 30 days, indicating investor confidence and resilience [2][6] - The stock experienced a minor decline of about 1.85% in the last 10 days, which may present a buying opportunity for potential investors [2] Growth Potential - The estimated stock price growth potential for BSY is approximately 25.97%, suggesting the stock is currently undervalued and presents an attractive opportunity for growth-oriented investors [3][6] Fundamental Strength - BSY has a Piotroski Score of 9, the highest possible score, indicating robust financial health based on profitability, leverage, liquidity, and operating efficiency [4][6] - Analysts have set a target price of $49.33 for BSY, reflecting expectations of the stock's potential value and serving as a benchmark for future performance [5]

Core Viewpoint - Bentley Systems, Incorporated (NASDAQ:BSY) is viewed as a promising growth stock, although recent price target reductions by analysts indicate a cautious outlook for the company in the near term [1][2]. Analyst Price Target Adjustments - Barclays analyst Guy Hardwick reduced the price target for Bentley Systems from $57 to $47 while maintaining an 'Equal Weight' rating, reflecting a revised outlook for industrial technology and distribution in 2026 [1]. - RBC Capital's Matthew Hedberg also lowered the price target from $65 to $48, keeping an 'Outperform' rating, indicating a more optimistic view despite the price cut [2]. Industry Outlook - The year 2026 is anticipated to be significant for companies with strong enterprise AI adoption, as AI-related growth drivers are expected to become more apparent, while less-prepared companies may struggle [3]. - Despite conservative management guidance for early 2026, enterprise spending is showing signs of stabilization and improvement in certain sectors, driven by innovations powered by Generative AI [3]. Company Overview - Bentley Systems, Incorporated is a Pennsylvania-based provider of infrastructure engineering software solutions, established in 1984, and is dedicated to delivering innovative software and services [4].

Company Overview - The company identifies itself as an infrastructure engineering software company, focusing on software solutions that support various infrastructure projects such as roads, bridges, tunnels, electric grids, and water networks [1]. - The company provides software for all engineering disciplines involved in infrastructure projects, including civil, structural, and geotechnical engineering [2]. Product Offering - The software covers every phase of the infrastructure life cycle, from design to construction, and through to operations and maintenance [2]. - The company serves a wide range of sectors within the infrastructure domain, ensuring comprehensive support for diverse engineering needs [2].

Summary of Bentley Systems FY Conference Call Company Overview - **Company**: Bentley Systems (NasdaqGS:BSY) - **Industry**: Infrastructure Engineering Software - **Founded**: 1984, went public in 2020 - **CEO**: Nicholas Cumins, in role for 1.5 years, first non-Bentley CEO [9][10] Core Business and Strategy - Bentley Systems focuses on software for infrastructure projects, covering all engineering disciplines and lifecycle phases from design to maintenance [9][10] - The strategy remains consistent with previous leadership, emphasizing AI integration and organizational changes for better product and technology alignment [11][12] Market Demand and Trends - There is unprecedented investment in global infrastructure to support economic growth, address climate change, and ensure energy security [13] - A significant shortage of engineers is creating a backlog in engineering firms, leading to increased demand for productivity-enhancing software [14][15] - In Europe, 50% of the water infrastructure workforce is expected to retire in the next decade, while demand for water services is expected to rise [15] Financial Performance and Outlook - Bentley Systems has over 40,000 accounts with low revenue concentration; approximately 60% of Annual Recurring Revenue (ARR) comes from public works utilities, which are countercyclical [18] - The company expects low double-digit ARR growth, with margin expansion of about 100 basis points annually and robust free cash flow generation [19][46] Growth in Small and Medium Business (SMB) - The SMB segment has been a significant growth driver, contributing approximately 300 basis points to ARR growth over the past five years [20][22] - Bentley has successfully onboarded over 600 new SMB accounts each quarter for 15 consecutive quarters [22] Asset Analytics and AI Integration - Bentley is investing in asset analytics to help owners and operators understand the physical conditions of infrastructure assets using AI and computer vision [25][26] - AI is being integrated into both traditional and next-generation applications to enhance design efficiency and productivity [27][28] Data Center Infrastructure - The company sees substantial opportunities in the data center buildout, likening data centers to mini cities requiring extensive infrastructure [35][36] - Bentley's construction modeling software is becoming the standard for data center design, driven by the demand for electric grid expansion [37] M&A Strategy - Bentley's acquisition strategy has shifted towards focusing on asset analytics startups, while still considering core engineering applications [41][44] - The company has conducted over 120 acquisitions historically, but is now more selective in targeting innovative technologies [41][44] Conclusion - The outlook for Bentley Systems remains positive, with strong demand in the infrastructure sector expected to continue into 2026, supporting the company's long-term financial goals [46]

Core Insights - The article highlights the expertise of Donovan Jones, an IPO research specialist with 15 years of experience in identifying high-quality IPO opportunities [1] - Jones leads the investing group IPO Edge, which provides actionable information on growth stocks, including first-look IPO filings and an IPO calendar [1] Group 1 - IPO Edge offers a comprehensive database of U.S. IPOs and a guide to IPO investing, covering the entire IPO lifecycle from filing to listing [1] - The platform aims to assist investors in tracking upcoming IPOs and understanding key dates such as quiet period and lockup expiration [1]

Core Insights - Bentley Systems, Incorporated (NASDAQ:BSY) demonstrated steady growth and shareholder returns, supported by solid Q3 2025 results and new capital-allocation commitments [2]. Financial Performance - In Q3 2025, Bentley Systems reported a revenue increase of 12% year-over-year, reaching $375.5 million, driven by a 13.5% growth in subscription revenues and a 10.5% increase in Annual Recurring Revenue (ARR) on a constant-currency basis [4]. - The company achieved an operating margin of 22.5% and generated free cash flow of $110.7 million during the same quarter [4]. Shareholder Returns - On November 21, 2025, Bentley Systems declared a quarterly dividend of $0.07 per share for Q4 2025, payable on December 11 [3]. - The company expanded its stock repurchase program, authorizing the repurchase of up to $500 million in Class B shares and convertible notes, replacing the previous authorization set to expire in mid-2026 [3]. Strategic Initiatives - Management emphasized the increasing role of AI in Bentley's long-term strategy, highlighting new Infrastructure AI capabilities introduced at the Year in Infrastructure Conference [5]. - The company remains optimistic about future growth, citing strong pipelines, diversified demand, and expanding AI-driven consumption models as key growth drivers [5]. Business Overview - Bentley Systems provides engineering software and digital twin solutions, aiding global infrastructure professionals in designing, building, and managing resilient assets across various sectors [6].

Group 1 - The presentation features Greg Bentley, the Executive Chair and Co-Founder of Bentley, who has held the position for a little over a year [1]

Summary of Bentley Systems Conference Call Company Overview - **Company**: Bentley Systems (NasdaqGS:BSY) - **Event**: 2025 Conference on November 18, 2025 Key Points Company Leadership and Ownership - Greg Bentley serves as Executive Chair and remains actively involved in capital allocation and investor relations [3][4] - Family ownership has decreased by approximately 1% per year since the company went public, but the Bentley family still holds a majority [4] Business Performance and Market Demand - Bentley Systems has shown consistent results since its IPO, with a strong demand environment for infrastructure engineering tools [7][9] - There is a significant shortage of engineers in the U.S., with one in nine positions unfilled, leading to increased backlogs for engineering firms [9] - The company is well-positioned to benefit from global infrastructure spending commitments, particularly in public works and utilities [21][22] Revenue Model and Growth Strategy - The majority of Bentley's Annual Recurring Revenue (ARR) comes from the E365 Pure Consumption Program, which relies on consumption-based billing [11][13] - The company aims for double-digit ARR growth, with negotiations for multi-year escalated floors and ceilings becoming standard [12][13] - Approximately two-thirds of enterprise accounts are in the process of transitioning to the E365 consumption model [15][16] Future Growth Opportunities - Bentley anticipates growth from asset analytics, which allows for immediate digital twin creation and optimization of maintenance costs [39][40] - The company is focused on acquisitions that enhance its asset analytics capabilities, with plans to consolidate in this space [41][42] Infrastructure Spending and Regulatory Environment - The successor to the Infrastructure Investment and Jobs Act (IIJA) is expected to focus primarily on surface transportation funding, with less emphasis on broadband and grid funding [27][28] - There is a strong belief that private investment will fill gaps in public infrastructure funding, particularly in public-private partnerships [28] AI and Digital Twin Integration - Bentley has been integrating AI into its products for years, enhancing capabilities such as reality modeling and predictive maintenance [29][30] - The company emphasizes that user data remains proprietary, allowing clients to train AI models on their own data for competitive advantage [33][34] Financial Outlook and Capital Allocation - Bentley aims for 100 basis points of margin expansion annually, driven by efficiency improvements and scale leverage [52] - The company has compounded free cash flow per share at over 14% since going public and plans to continue this trend [53] Conclusion - Bentley Systems is positioned for sustained growth through its focus on infrastructure engineering, digital transformation, and strategic acquisitions, while maintaining a commitment to shareholder value and operational efficiency [44][50]