Parsons Corporation (PSN)

NYSE: PSN · Real-Time Price · USD
74.50
-0.50 (-0.67%)
Sep 9, 2025, 4:00 PM - Market closed
-0.67%
Market Cap7.96B
Revenue (ttm)6.68B
Net Income (ttm)247.56M
Shares Out 106.79M
EPS (ttm)2.23
PE Ratio33.45
Forward PE22.64
Dividendn/a
Ex-Dividend Daten/a
Volume879,849
Open74.94
Previous Close75.00
Day's Range73.50 - 74.94
52-Week Range54.56 - 114.68
Beta0.63
AnalystsStrong Buy
Price Target88.18 (+18.36%)
Earnings DateOct 29, 2025

About PSN

Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. It operates through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment offers critical technologies, such as cyber; missile defense; intelligence; electronic warfare; space ground systems; space and weapon system resiliency; geospatial and signals intelligence; environmental remediation; border security and critical infrastructu... [Read more]

Sector Technology
IPO Date May 8, 2019
Employees 19,600
Stock Exchange NYSE
Ticker Symbol PSN
Full Company Profile

Financial Performance

In 2024, Parsons's revenue was $6.75 billion, an increase of 24.03% compared to the previous year's $5.44 billion. Earnings were $235.05 million, an increase of 45.86%.

Financial Statements

Analyst Summary

According to 12 analysts, the average rating for PSN stock is "Strong Buy." The 12-month stock price target is $88.18, which is an increase of 18.36% from the latest price.

Price Target
$88.18
(18.36% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Parsons Expands Huntsville Footprint with Opening of New Redstone Gateway Facility

CHANTILLY, Va., Sept. 08, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has officially opened its newest facility in Redstone Gateway, reinforcing its commitment to national security, missi...

1 day ago - GlobeNewsWire

Parsons Secures $81 Million C5ISR Radar Contract from Army DEVCOM

CHANTILLY, Va., Sept. 04, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded an $81 million Task Order under the Responsive Strategic Sourcing for Services (RS3) contract vehicl...

5 days ago - GlobeNewsWire

New Jersey Department of Transportation Launches Statewide Advanced Traffic Management System Powered by Parsons' Smart Mobility Solution, iNET®

CHANTILLY, Va., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today the successful go-live of the New Jersey Department of Transportation's (NJDOT) Statewide Advanced Tra...

19 days ago - GlobeNewsWire

SealingTech Launches First-Ever AI Hunt Kit Assistant Optimized for Defensive Cyber

Designed to transform how cyber operators respond to threats, Operator X™ represents a leap forward in AI-enabled cyber defense for tactical environments. COLUMBIA, Md.

22 days ago - PRNewsWire

FTSE 100 Housebuilder Persimmon Drops 3% As Revenues And Profits Rise

Shares in FTSE 100-listed Persimmon dropped on Wednesday despite announcing a first-half uptick in sales and profits.

27 days ago - Forbes

Parsons Awarded C5ISR Radar Contract by Army DEVCOM

CHANTILLY, Va., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded a $30 million recompete contract by U.S. Army DEVCOM's (Combat Capabilities Development Command) C5IS...

4 weeks ago - GlobeNewsWire

Top FTSE 100 shares to watch: Persimmon, Antofagasta, Beazley, Entain

The FTSE 100 Index pulled back this week as many British companies like Intercontinental Hotels, Legal & General, BP, and Flutter Entertainment published their earnings.  The Footsie Index also reacte...

4 weeks ago - Invezz

Parsons Corporation (PSN) Q2 2025 Earnings Call Transcript

Parsons Corporation (NYSE:PSN) Q2 2025 Earnings Conference Call August 6, 2025 8:00 AM ET Company Participants Carey A. Smith - President, CEO & Chairwoman David Spille - Senior Vice President of Inv...

4 weeks ago - Seeking Alpha

Parsons Reports Strong Second Quarter 2025 Results

Q2 2025 Financial Highlights Q2 revenue of $1.6 billion decreased 5% year-over-year and 9% on an organic basis Revenue growth of 13% excluding confidential contract; 8% on an organic basis Q2 net inco...

4 weeks ago - GlobeNewsWire

Parsons and Globalstar Pave Way for Commercial Satellite Solutions after Completing Successful Proof of Concept

COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, and Parsons Corporation, a global leader in national security a...

Other symbols: GSAT
5 weeks ago - Business Wire

Parsons-Versar Joint Venture Awarded $75 Million U.S. Army Corps of Engineers Construction Management Contract

CHANTILLY, Va., July 24, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company's joint venture (JV) with Versar was awarded a $75 million single award delivery orde...

6 weeks ago - GlobeNewsWire

Parsons Corporation Launches BlueFly™

A Game-Changing Search and Rescue Tool Revolutionizing Emergency Response Operations A Game-Changing Search and Rescue Tool Revolutionizing Emergency Response Operations

7 weeks ago - GlobeNewsWire

Parsons Wins ACEC New York Diamond Award for Brooklyn Bridge Rehabilitation Project

CHANTILLY, Va., July 17, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is proud to announce that its leadership as prime design consultant on the Brooklyn Bridge Rehabilitation Project has ...

7 weeks ago - GlobeNewsWire

SealingTech Launches Its Largest Storage-Focused High-Performance Server

COLUMBIA, Md. , July 16, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE: PSN), and leading defensive cyber operations solution provider, has developed a n...

7 weeks ago - PRNewsWire

Parsons Celebrates Infrastructure Excellence in Missouri with Award on I-270 Project

CHANTILLY, Va., July 10, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is proud to announce that its role as lead designer for the I-270 North Design-Build Project has been honored with the...

2 months ago - GlobeNewsWire

SealingTech Boosts Production of DoD Cyber Hunt Kits with NCS Technologies

New agreement enables 5x production increase to support growing defense demand COLUMBIA, Md. , July 9, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE: PSN...

2 months ago - PRNewsWire

Top 2 Industrials Stocks You May Want To Dump This Quarter

As of July 8, 2025, two stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: SYM
2 months ago - Benzinga

Dubai's RTA Selects Parsons As Project Management Consultant For Dubai Metro Blue Line Project

CHANTILLY, Va., July 08, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company has been appointed as the Project Management Consultant on the Dubai Metro Blue Line ...

2 months ago - GlobeNewsWire

Parsons to Announce Second Quarter 2025 Financial Results on August 6, 2025

CHANTILLY, Va., July 03, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will release second quarter 2025 financial results before the markets open on Wednesday, August 6, 2025. The company w...

2 months ago - GlobeNewsWire

Parsons Acquires Chesapeake Technologies International

Acquisition bolsters Parsons' electromagnetic warfare and all-domain solutions for the U.S. defense market Acquisition bolsters Parsons' electromagnetic warfare and all-domain solutions for the U.S. d...

2 months ago - GlobeNewsWire

Parsons Corporation is Ready Now to Build America's Brand New, State Of-The-Art Air Traffic Control System

Parsons and IBM join forces to design solutions for a national airspace system with enhanced safety and efficiency Parsons and IBM join forces to design solutions for a national airspace system with e...

2 months ago - GlobeNewsWire

Parsons Named #1 Program Management Firm by Engineering News-Record

Recognition is underpinned by Parsons' focus on innovation, collaboration, program delivery, and accountability to its clients Recognition is underpinned by Parsons' focus on innovation, collaboration...

2 months ago - GlobeNewsWire

Parsons Awarded $137M Defense Threat Reduction Agency Task Order For Cyber Operations

CHANTILLY, Va., June 19, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a $137 million ceiling value contract by the Defense Threat Reduction Age...

2 months ago - GlobeNewsWire

Parsons Grows U.S. Army Organic Industrial Base Modernization Portfolio with $169.5 Million Award

CHANTILLY, Va., June 16, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a $169.5 million single award contract by the United States Army Corps of...

3 months ago - GlobeNewsWire

Parsons Celebrates the Completion of 9.1-Mile Light Rail Segment

CHANTILLY, Va., June 12, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) celebrated two station dedications on the new Foothill Gold Line light rail segment between Glendora and Pomona in Sou...

3 months ago - GlobeNewsWire