Bentley Systems, Incorporated (NASDAQ:BSY) is one of the most oversold NASDAQ stocks to invest in. Bentley Systems, Incorporated (NASDAQ:BSY) was initiated with an Outperform rating and $48 price target by BMO Capital on January 22. According to the firm, Bentley Systems, Incorporated (NASDAQ:BSY) offers an “intriguing mix” of durable growth opportunities, with exposure to data centers and lower relative near-term AI disruption risk. It added that the company holds potential near-term catalysts from “reasonable” construction read-through data exiting 2025, along with possible U.S. permitting reform.
In another development, Oppenheimer also adjusted the price target on Bentley Systems, Incorporated (NASDAQ:BSY) to $53 from $65 on January 20, maintaining an Outperform rating on the shares. The firm told investors that a number of macro factors have affected stocks in its Industrial Efficiency coverage in the run-up to the fiscal Q5 2025 earnings season, including the Venezuela-U.S. military confrontation, rate cut dynamics, and the Nvidia Vera Rubin platform launch. While short-cycle and equipment-focused names have seen investor sentiment improve materially, it is cooling on data center-exposed stocks.
Bentley Systems, Incorporated (NASDAQ:BSY) provides software solutions for infrastructure engineering, enabling the work of structural, geotechnical, civil, and plant engineering practitioners, project delivery enterprises, and owner-operators of infrastructure assets. The company offers the construction, design, and operations of bridges and roads, water and wastewater, rail and transit, buildings and campuses, public works and utilities, mining, and industrial facilities.
While we acknowledge the potential of BSY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: finance.yahoo.com
