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Strength Seen in Bentley Systems (BSY): Can Its 6.9% Jump Turn into More Strength?

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Bentley Systems, Incorporated (BSY - Free Report) shares soared 6.9% in the last trading session to close at $55.95. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2% loss over the past four weeks.

Bentley Systems benefits from strong tailwinds including global infrastructure investment, rising digital adoption in engineering, and accelerating AI integration. Recurring revenues remain robust with high retention, while SMB and sectoral growth in utilities, mining, and transportation add momentum. Partnerships, supportive government funding, and expanded 3D geospatial ecosystems further strengthen long-term growth prospects

This company is expected to post quarterly earnings of $0.27 per share in its upcoming report, which represents a year-over-year change of +12.5%. Revenues are expected to be $366.06 million, up 9.2% from the year-ago quarter.

Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.

For Bentley Systems, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on BSY going forward to see if this recent jump can turn into more strength down the road.

 

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Bentley Systems is part of the Zacks Internet - Software industry. Paycom Software (PAYC - Free Report) , another stock in the same industry, closed the last trading session 1.1% higher at $201.38. PAYC has returned -10% in the past month.

Paycom's consensus EPS estimate for the upcoming report has remained unchanged over the past month at $1.95. Compared to the company's year-ago EPS, this represents a change of +16.8%. Paycom currently boasts a Zacks Rank of #3 (Hold).


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