Parsons Corporation (PSN)
| Market Cap | 5.23B -39.0% |
| Revenue (ttm) | 6.29B -5.8% |
| Net Income | 157.41M -36.4% |
| EPS | 1.45 -34.8% |
| Shares Out | 106.81M |
| PE Ratio | 33.72 |
| Forward PE | 14.92 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 964,923 |
| Open | 49.50 |
| Previous Close | 49.28 |
| Day's Range | 48.32 - 49.75 |
| 52-Week Range | 36.26 - 89.50 |
| Beta | 0.69 |
| Analysts | Buy |
| Price Target | 59.36 (+21.14%) |
| Earnings Date | Jul 29, 2026 |
About PSN
Parsons Corporation provides design, engineering and technical services, and smart and agile software for the United States federal government and critical infrastructure customers worldwide. It operates through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment offers critical technologies, such as cyber; air and missile defense; intelligence; aviation modernization; electronic warfare; space ground systems, cislunar, A-PNT, and classified sensors; geospatial and signals intelligence; environmental remediatio... [Read more]
Financial Performance
In 2025, Parsons's revenue was $6.36 billion, a decrease of -5.72% compared to the previous year's $6.75 billion. Earnings were $241.14 million, an increase of 2.59%.
Financial StatementsAnalyst Summary
According to 14 analysts, the average rating for PSN stock is "Buy." The 12-month stock price target is $59.36, which is an increase of 21.14% from the latest price.
News
Parsons awarded two new NNSA task orders
Parsons (PSN) announced that it was awarded the Middle East 3 Region and Africa 2 Region task orders under the U.S. Department of Energy National Nuclear Security Administration’s, or NNSA,…
Parsons Strengthens Leadership in Global Counter-Nuclear Smuggling Mission with Two New NNSA Task Orders
Key Takeaways: Parsons secured two new NNSA CNSSD task orders for design and deployment of counter-nuclear smuggling systems across the Middle East and Africa. The awards bring Parsons' total CNSSD p...
Parsons awarded position on COMET IDIQ contract with ceiling value of $14B
Parsons (PSN) announced that the company was awarded a position on the Contract Operations for Missile Evaluation and Testing contract supporting the Missile & Space Intelligence Center and its missio...
Parsons Awarded Position on $14B Billion COMET Missile and Space Intelligence Effort
Key Takeaways: Parsons was awarded a position on the COMET IDIQ contract with a combined ceiling value of more than $14 billion. The contract supports the Missile and Space Intelligence Center's missi...
SealingTech, a Parsons Corporation company, receives $750 Million Joint Cyber Hunt Kit (JCHK) Full-Rate Production Award from USCYBERCOM
Key Takeaways SealingTech, a Parsons company, is the sole prime contractor awardee for USCYBERCOM's JCHK. The agreement is for five years with a ceiling value of $750M.
Parsons Secures $514 Million Missile Defense Agency Contract Option
Key Takeaways: Parsons secured a $514 million, two-year contract option of its existing Technical, Engineering, Advisory, and Management Support (TEAMS) – Next Missile Defense System Engineering contr...
Parsons upgraded to Outperform from Neutral at Baird
Baird upgraded Parsons (PSN) to Outperform from Neutral with a price target of $57, up from $48. Investor sentiment is low and the company’s guidance looks conservative, the analyst tells…
Parsons chosen for $350M Seabed to Space ISR program
Parsons (PSN) announced that the company was selected by Naval Information Warfare Center Pacific to provide research, development, test, and evaluation and technical engineering services for the Seab...
Parsons Selected for $350M Seabed to Space ISR Effort
Parsons selected by NIWC Pacific to provide RDT&E & technical engineering services for the Seabed to Space Intelligence Surveillance Reconnaissance program
Parsons chosen for NITE-STAR contract with shared ceiling value of $981M
Parsons (PSN) announced it has been selected by the U.S. Space Force as an awardee on the National Space Test and Training Complex Innovative Technology & Engineering – Space Test…
Parsons Selected for Space Force's NITE-STAR Capability
Key Takeaways: Parsons was selected for the U.S. Space Force's National Space Test and Training Complex (NSTTC) Innovative Technology & Engineering – Space Test and Range (NITE-STAR) Capability Develo...
Parsons selected to help modernize Knoxville’s airport terminal
Parsons (PSN) has been selected by the Metropolitan Knoxville Airport Authority to provide program and construction management services for the McGhee Tyson Airport Terminal Area Development Plan in K...
Parsons Awarded Contract to Help Modernize Knoxville's McGhee Tyson Airport Terminal
Parsons was selected by the Metropolitan Knoxville Airport Authority to provide PM/CM services for the Knoxville Airport Terminal Development Program.
Parsons awarded $664.81M Army contract
Parsons (PSN) was awarded a $664.81M multi-year, indefinite-delivery/indefinite-quantity, time-and-materials contract for technical, logistics, and program management support. Seventeen bids were soli...
Parsons wins task order to support chemical threat reduction in South East Asia
Parsons (PSN) has secured the first task order under the Defense Threat Reduction Agency’s Cooperative Threat Reduction Integration Contract IV. Under the task order, Parsons will support DTRA’s Globa...
Parsons Awarded $70M to Advance Air Base Air Defense Capabilities Across Europe and Africa
Key Takeaways: Parsons was awarded a $70 million task order under the U.S. Air Force's Air Base Air Defense (ABAD) contract to provide integration, testing, deployment, maintenance, and operational tr...
Parsons Awarded First Task Order Under DTRA CTRIC IV to Support Chemical Threat Reduction Efforts in Southeast Asia
Key Takeaways: Parsons secured the first task order issued under DTRA's CTRIC IV contract, reinforcing the company's position as a trusted partner in delivering integrated threat reduction solutions ...
PSN Investors Have Opportunity to Join Parsons Corporation Fraud Investigation with SBS Law
LOS ANGELES, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of ...
Parsons selected as lead design for South Carolina Interstate 526 project
Parsons (PSN) Corporation announced that the company was selected by the South Carolina Department of Transportation, or SCDOT, as part of the Ames Construction design-build team, to provide lead desi...
Parsons price target lowered to $60 from $69 at Goldman Sachs
Goldman Sachs analyst Noah Poponak lowered the firm’s price target on Parsons (PSN) to $60 from $69 and keeps a Neutral rating on the shares. Parsons’ weaker-than-expected quarter and lowered…
Parsons Selected to Lead Design of South Carolina's I-526 Long Point Road Interchange Improvements Project
Parsons named lead designer for the Interstate 526 Long Point Road Interchange Improvements project as part of the Ames Construction design-build team.
Parsons upgraded to Buy from Hold at Jefferies
Jefferies upgraded Parsons (PSN) to Buy from Hold with a price target of $52, down from $60. The post-earnings selloff reflects high expectations into a reduced 2026 EBITDA outlook, the…
Parsons price target lowered to $48 from $58 at Baird
Baird analyst Andrew Wittmann lowered the firm’s price target on Parsons (PSN) to $48 from $58 and keeps a Neutral rating on the shares. The firm updated its model following…
Parsons price target lowered to $58 from $67 at UBS
UBS analyst Gavin Parsons (PSN) lowered the firm’s price target on Parsons to $58 from $67 and keeps a Buy rating on the shares. Despite prior estimate reductions and justified…
Parsons price target lowered to $66 from $79 at Stifel
Stifel lowered the firm’s price target on Parsons (PSN) to $66 from $79 and keeps a Buy rating on the shares. The report was “dominated” by the total $118M in…