Bentley Systems (NASDAQ:BSY) and IREN (NASDAQ:IREN) Financial Survey

IREN (NASDAQ:IREN) and Bentley Systems (NASDAQ:BSY) are both technology companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, profitability, risk, analyst recommendations, dividends, institutional ownership and valuation.

Insider and Institutional Ownership

41.1% of IREN shares are owned by institutional investors. Comparatively, 44.2% of Bentley Systems shares are owned by institutional investors. 6.8% of IREN shares are owned by company insiders. Comparatively, 20.3% of Bentley Systems shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Profitability

This table compares IREN and Bentley Systems’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
IREN	-194.36%	-16.36%	-4.67%
Bentley Systems	19.57%	29.99%	10.33%

Risk and Volatility

IREN has a beta of 4.33, indicating that its stock price is 333% more volatile than the S&P 500. Comparatively, Bentley Systems has a beta of 0.98, indicating that its stock price is 2% less volatile than the S&P 500.

Valuation & Earnings

This table compares IREN and Bentley Systems”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
IREN	$707.01 million	10.10	-$702.62 million	($4.08)	-4.44
Bentley Systems	$1.50 billion	8.59	$277.86 million	$1.02	43.46

Bentley Systems has higher revenue and earnings than IREN. IREN is trading at a lower price-to-earnings ratio than Bentley Systems, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a summary of current ratings and recommmendations for IREN and Bentley Systems, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
IREN	1	5	15	1	2.73
Bentley Systems	0	4	9	0	2.69

IREN currently has a consensus target price of $64.57, suggesting a potential upside of 256.33%. Bentley Systems has a consensus target price of $46.67, suggesting a potential upside of 5.27%. Given IREN’s stronger consensus rating and higher possible upside, equities research analysts plainly believe IREN is more favorable than Bentley Systems.

Summary

Bentley Systems beats IREN on 9 of the 15 factors compared between the two stocks.

About IREN

IREN Limited, formerly known as Iris Energy, develops and operates data centers for bitcoin mining and artificial intelligence cloud services. Its AI business provides access to high-performance computing infrastructure, including GPU-based services, for customers with demanding computing needs. Founded in Australia in 2018 by brothers Daniel and Will Roberts, the company has expanded its data-center operations into North America, including locations in British Columbia, Canada, and Texas. IREN has emphasized developing facilities with access to renewable energy.

About Bentley Systems

Bentley Systems develops software for professionals who design, build, and operate infrastructure. Its customers include engineering firms, architects, construction companies, and infrastructure owners and operators working on projects such as roads, railways, buildings, utilities, and industrial facilities. The company’s products support computer-aided design, project collaboration, infrastructure asset management, and digital twin development. Its software portfolio includes MicroStation for design and modeling, ProjectWise for project information management, and the iTwin platform for creating and working with digital representations of infrastructure assets.