AI BSY Forecast


Price Forecast:


Bearish<->Bullish


Bullish Case: With infrastructure investments and digital transformation accelerating, BSY could see significant growth. Recent unfavorable pricing trends suggest a correction could occur, benefiting long positions ahead of upcoming earnings.


Bearish Case: High valuations and increased competition from Autodesk could suppress BSY's price movement. If earnings disappoint, it may trigger a sell-off, exacerbated by the current volatility in options.


Potential Outcomes:

1) Earnings exceed expectations (40%).

2) Increased competition leads to price decline (30%).

3) A market correction stabilizes BSY post-earnings (30%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


September 18, 2024


Bentley Systems Forecast

BSY      Bentley Systems











Correlated Assets

Assets that tend to move strongly with BSY



DK Forecast + Options Trading Strategies   DK  Delek US (0.46)


EWH Forecast + Options Trading Strategies   EWH  BlackRock Institutional Trust Company N.A. - iShares MSCI Hong Kong (0.46)


CWEB Forecast + Options Trading Strategies   CWEB  Direxion Daily CSI China Internet Index Bu (0.45)


CSGP Forecast + Options Trading Strategies   CSGP  Costar Group (0.45)


MDB Forecast + Options Trading Strategies   MDB  MongoDB (0.44)



Uncorrelated Assets

Assets with little price relationship to BSY



MU Forecast + Options Trading Strategies   MU  Micron Technology (-0.0)


AMAT Forecast + Options Trading Strategies   AMAT  Applied Materials (-0.0)


TSAT Forecast + Options Trading Strategies   TSAT  Telesat Corp (0.0)


DB Forecast + Options Trading Strategies   DB  Deutsche (0.0)


MRVL Forecast + Options Trading Strategies   MRVL  Marvell Technology (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against BSY



BCRX Forecast + Options Trading Strategies   BCRX  Biocryst Pharmaceuticals (-0.37)


BURL Forecast + Options Trading Strategies   BURL  Burlington Stores (-0.37)


AOSL Forecast + Options Trading Strategies   AOSL  Alpha & Omega Semiconductor (-0.37)


MDGL Forecast + Options Trading Strategies   MDGL  Madrigal Pharmaceuticals (-0.38)


INCY Forecast + Options Trading Strategies   INCY  Incyte (-0.45)





Become a more profitable investor with AI optimized trading strategies






×

Chat with BSY


 Ask any question about BSY!