Bentley Systems Receives $48 BMO Target; Oppenheimer Trims to $53
BMO Capital initiated an Outperform rating on Bentley Systems with a $48 price target, highlighting growth from data center exposure and lower AI disruption risk. Oppenheimer cut its price target from $65 to $53, citing macro headwinds including U.S.-Venezuela tensions, shifting rate-cut expectations and cooling sentiment on data center–focused stocks.
1. BMO Rating Initiation
On January 22, BMO Capital initiated an Outperform rating on Bentley Systems with a $48 price target, highlighting the company’s exposure to data center verticals and lower near-term AI disruption risk as key drivers for durable growth.
2. Oppenheimer Cuts Target
On January 20, Oppenheimer maintained an Outperform rating but reduced its price target from $65 to $53, attributing the adjustment to macro headwinds such as U.S.-Venezuela military tensions, shifting rate-cut dynamics and cooling investor sentiment on data center–focused stocks ahead of the fiscal Q5 2025 earnings season.
3. Company Profile
Bentley Systems provides software solutions for infrastructure engineering across bridges, roads, water and wastewater, rail and transit, buildings and campuses, public works and utilities, mining and industrial facilities, serving structural, geotechnical, civil and plant engineering practitioners with design, construction and operations tools.