Positive context积极背景
Stocks股票 / Tech / BSY
Bentley Systems · Tech
BSY US listed · USD美股 · 美元
Bentley Systems, Incorporated is a US-based software development company that develops, manufactures, licenses, sells and supports computer software and services for the design, construction, and operation of infrastructure globally.Bentley Systems, Incorporated是一家总部位于美国的软件开发公司，开发、制造、许可、销售和支持用于全球基础设施设计、建造和运营的计算机软件和服务。
Tech
S&P 400标普400中盘
Secular growth长期成长
$36.56
+$0.83 · +2.32%
52w low52周低 $27.85high高 $57.31
Lagging — relative weakness落后 — 相对弱势
Confirmed cycle low — the entry window is open now, with a clear exit if it closes back below 29.74.周期低点已确认——入场窗口现已开启，若收盘重新跌破 29.74 则明确离场。
Live实时
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-08-14
Momentum (RSI 14)动量（RSI 14）
63
Elevated偏高
vs 50-day average相对50日均线
+12.8% above上方
Uptrend intact趋势完好
vs 200-day average相对200日均线
+0.8% above上方
Long trend up长期向上
Volatility波动率
87th percentile第87百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
Mixed — beat 1 of last 4 quarters表现不稳 — 近 4 季中 1 季超预期
EPS surprise vs consensus, last quarters每股收益相对预期的超预期幅度（近几个季度） · average平均 0.9%
Financials财务数据
fiscal years财年Revenue营业收入
$1.5B2025
20202025
5-yr growth5年复合增速 15.4%
Earnings per share每股收益
$0.852025
20202025
5-yr growth5年复合增速 15.1%
Free cash flow自由现金流
$520.2M2025
20202025
Gross margin毛利率
81.5%
Operating margin营业利润率
24.1%
Net margin净利率
18.5%
FCF margin自由现金流利润率
35.9%
Balance-sheet quality财务体质 8/8
Return on equity股本回报率 23%
Watch关注
Leverage杠杆
Current ratio流动比率0.56
Capital allocation资本配置
Buybacks (TTM)回购（TTM）$125.1M
Stock-based comp股权薪酬$72.6M
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Macro宏观
Rate risk runs through its market / growth beta, not a distinct duration leg.其利率风险通过市场／成长beta体现，并无独立的久期暴露。
Positioning持仓
Short interest changed +12.6%空头仓位变动 +12.6%
Technical技术面
BSY reclaimed its 200-day averageBSY 收复200日均线
Signal history信号历史
engine events引擎事件
NEARING A HIGH → BUY ZONE接近高点 → 买入区
BUY. A new cycle low likely formed 16 day(s) ago (2026-07-22 @ 29.74): swing low in, price back above the 10-day average — and the weekly timeframe agrees买入。新的周期低点可能已在 16 天前形成 （2026-07-22 @ 29.74）：摆动低点已现，价格重新站上 10 日均线——且周线周期也一致确认
Aug 13, 2026
BSY reclaimed its 200-day averageBSY 收复200日均线
Price closed back above the 200-day moving average — the classic bull dividing line. $36.56.收盘重回200日均线 — 经典的多头分界线。$36.56。
Aug 12, 2026
UPTREND → NEARING A HIGH上涨趋势 → 接近高点
TAKE PROFITS止盈
Aug 7, 2026
BUY ZONE → NEARING A LOW买入区 → 接近低点
GET READY准备
Jul 31, 2026
NEARING A HIGH → BUY ZONE接近高点 → 买入区
BUY买入
Jul 30, 2026
BUY ZONE → NEARING A HIGH买入区 → 接近高点
TAKE PROFITS止盈
Jul 29, 2026
BSY RSI reached overboughtBSY RSI进入超买
RSI(14) crossed above 70 — stretched to the upside; context, not a timing trigger alone. $36.96.RSI(14)上穿70 — 上行过度；仅作背景，单独不构成择时。$36.96。
Jul 27, 2026
BOTTOMING → BUY ZONE筑底中 → 买入区
BUY买入
Jul 27, 2026
BSY daily MACD crossed upBSY 日线MACD上穿
The daily MACD histogram turned positive — fast and noisy, context rather than a standalone trigger. $33.71.日线MACD柱状图转正 — 快速且嘈杂，仅作背景。$33.71。
Showing the last 15 of显示最近15条，共 293 signals条信号
Company profile公司档案
Bentley Systems, Incorporated is a US-based software development company that develops, manufactures, licenses, sells and supports computer software and services for the design, construction, and operation of infrastructure globally.Bentley Systems, Incorporated是一家总部位于美国的软件开发公司，开发、制造、许可、销售和支持用于全球基础设施设计、建造和运营的计算机软件和服务。
Style DNA — how it trades vs the market风格基因 — 相对市场的交易特征
Profitability盈利能力
Below market低于市场
Quality质量
Below market低于市场
Investment资本投入
Below market低于市场
Low volatility低波动
Below market低于市场
Low market beta低市场敏感度
Below market低于市场
Earnings quality盈利质量
Below market低于市场
Short interest空头兴趣
Above market高于市场
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Relative strength相对强度
vs market, 1 month相对大盘（1个月）
5/100 — weaker than most弱于多数
vs market, 3 months相对大盘（3个月）
69/100 — middle of the pack居中
vs market, 6 months相对大盘（6个月）
56/100 — middle of the pack居中
vs market, 12 months相对大盘（12个月）
7/100 — weaker than most弱于多数
Rank in sector行业内排名
#215 / 222
0–100 percentile of total return vs all covered stocks.总回报在全部覆盖股票中的百分位（0–100）。
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | +3.4% | +1.2% |
| 1 Month近1月 | +17.4% | +3.5% |
| 3 Months近3月 | +14.2% | +5.2% |
| 6 Months近6月 | +7.6% | +14.4% |
| Year to date年初至今 | -3.8% | +14.2% |
| 1 Year近1年 | -29.3% | +21.6% |
| 3 Years近3年 | -21.3% | +79.7% |
Trading information交易信息
Beta vs market贝塔
0.45
Volatility rank波动率分位
87th pctile
Off 52-week high距52周高点
-35.3%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $735M | $965M | $1.1B | $1.2B | $1.4B | $1.5B |
| EPS每股收益 | $0.42 | $0.30 | $0.55 | $1.00 | $0.72 | $0.85 |
| Free cash flow自由现金流 | $243M | $270M | $256M | $392M | $421M | $520M |
| Gross margin毛利率 | 86.3% | 77.6% | 78.4% | 78.3% | 80.9% | 81.5% |
| Net margin净利率 | 17.2% | 9.7% | 15.9% | 26.6% | 17.4% | 18.5% |
| FCF margin自由现金流利润率 | 33.0% | 28.0% | 23.3% | 31.9% | 31.1% | 34.6% |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$1.5B
Gross profit毛利润
$1.2B
Net income净利润
$278M
Operating cash flow经营现金流
$538M
Total assets总资产
$3.6B
Shareholder equity股东权益
$1.2B
Long-term debt长期负债
$1.2B
Buybacks股票回购
$125M
Returns & growth回报与增长
Return on equity股本回报率
23.4%
Return on assets资产回报率
7.8%
Debt / assets负债/资产
35.1%
Profit growth利润增速
+18.4%
Asset growth资产增速
+4.6%
Accounting quality checks会计质量检查
- Earnings quality: accruals trending up over 6 fiscal years — earnings increasingly not cash-backed盈利质量：应计利润在 6 个财年间走高——盈利的现金支撑减弱
- Pricing power: gross margin −4.8pts over 6 years定价能力：毛利率 6 年下降 4.8 个百分点
- Capital discipline: investment near the peer median资本纪律：投资力度接近同业中位
- Balance sheet: leverage unremarkable资产负债表：杠杆水平一般
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
63
RSI (2-day)RSI（2日）
79
vs 20-day average相对20日均线
+6.5%
vs 50-day average相对50日均线
+12.8%
vs 200-day average相对200日均线
+0.8%
Golden cross (50>200)金叉（50>200）
not in effect未生效
MACDMACD
above signal位于信号线上方
Timeframe alignment多周期共振
Daily日线
momentum up动能向上
3-day3日线
momentum up动能向上
Weekly周线
momentum up动能向上
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range state波幅状态
expanding — range opening up扩张中 — 波幅放大
Range width percentile波幅宽度分位
86/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Surprise history超预期历史
| Quarter季度 | Reported实际 | Expected预期 | Surprise超预期 |
|---|---|---|---|
| Mar 2026 | $0.33 | $0.33 | 0.0% |
| Dec 2025 | $0.22 | $0.22 | 0.0% |
| Sep 2025 | $0.22 | $0.23 | -4.3% |
| Jun 2025 | $0.27 | $0.25 | +8.0% |
Estimate revisions预期修正
Estimate change, 90 days预期变化（90天）
-0.3%
Net upgrades, 30 days净上调（30天）
+0
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Insiders & shorts内部人与空头
Days to cover回补天数
6.9
Short interest change空头变化
+12.6%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Seasonality — full detail季节性 — 完整明细
Strongest month最强月份
Jul · 75%
Weakest month最弱月份
Jan · 0%
Month by month逐月统计
| Month月份 | Closed higher收涨占比 | Median move中位涨跌 | Years年数 |
|---|---|---|---|
| Jan1月 | 0% | -3.0% | 3 |
| Feb2月 | 67% | +2.4% | 3 |
| Mar3月 | 33% | -3.2% | 3 |
| Apr4月 | 67% | +1.0% | 3 |
| May5月 | 67% | +0.6% | 3 |
| Jun6月 | 33% | -1.4% | 3 |
| Jul7月 | 75% | +7.2% | 4 |
| Aug8月 | 50% | +3.2% | 4 |
| Sep9月 | 33% | -0.8% | 3 |
| Oct10月 | 0% | -2.7% | 3 |
| Nov11月 | 67% | +2.9% | 3 |
| Dec12月 | 33% | -5.4% | 3 |
History is a tendency, not a promise — small samples wobble.历史规律只是倾向而非保证 — 样本少时波动大。
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。