Piper Sandler Cuts Bentley Systems Price Target

Analysts lower price target on infrastructure software company

Mar. 2, 2026 at 4:23pm

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Piper Sandler, an investment firm, has lowered its price target on Bentley Systems (NASDAQ:BSY) from $45.00 to $42.00 and maintained a "neutral" rating on the stock. The analysts cited the company's recent financial performance and market conditions as reasons for the reduced target.

Why it matters

Bentley Systems is a major provider of infrastructure engineering software, serving clients in industries like construction, transportation, and utilities. Analyst price targets and ratings can influence investor sentiment and trading activity around the company's stock.

The details

In a research report, Piper Sandler analysts cited Bentley Systems' recent financial results and the current market environment as factors behind the reduced price target. The new $42.00 target still represents a potential upside of nearly 15% from the stock's current trading price.

  • Piper Sandler issued the updated price target and rating on March 2, 2026.

The players

Piper Sandler

An investment banking and institutional securities firm that provides research coverage on Bentley Systems.

Bentley Systems

A global software provider specializing in infrastructure engineering applications for industries like construction, transportation, and utilities.

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The takeaway

This price target reduction by Piper Sandler reflects the analysts' cautious outlook on Bentley Systems' near-term prospects, despite the company's leading position in infrastructure engineering software. Investors will be watching closely to see if the stock can regain momentum and justify a higher valuation.