Parsons Corporation (PSN)
| Market Cap | 7.02B |
| Revenue (ttm) | 6.49B |
| Net Income (ttm) | 239.74M |
| Shares Out | 106.49M |
| EPS (ttm) | 2.17 |
| PE Ratio | 30.39 |
| Forward PE | 19.82 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,699,970 |
| Open | 66.82 |
| Previous Close | 67.02 |
| Day's Range | 64.65 - 67.00 |
| 52-Week Range | 54.56 - 99.04 |
| Beta | 0.65 |
| Analysts | Strong Buy |
| Price Target | 85.75 (+30.06%) |
| Earnings Date | Nov 5, 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]
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 StatementsAnalyst Summary
According to 13 analysts, the average rating for PSN stock is "Strong Buy." The 12-month stock price target is $85.75, which is an increase of 30.06% from the latest price.
News
Parsons Awarded $88M to Provide Systems Engineering and Integration Solutions for U.S. Air Forces in Europe and Africa Air Base Air Defense
CHANTILLY, Va., Dec. 10, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded an $88 million single-award Task Order contract over three years to support the U.S. Air Forces in Eu...
Parsons Corporation (PSN) Presents at Raymond James TMT & Consumer Conference Transcript
Parsons Corporation (PSN) Presents at Raymond James TMT & Consumer Conference Transcript
Parsons Corporation Celebrates TraCSS Victory with Space News Icon Award for Civil Space Achievement of the Year
CHANTILLY, Va., Dec. 08, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN), the systems integrator for the Office of Space Commerce's (OSC) Traffic Coordination System for Space (TraCSS) program...
Parsons Selected As Lead Designer For $441 Million I-70 Rocheport To Columbia Design-Build Project
CHANTILLY, Va., Dec. 05, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the Missouri Highways and Transportation Commission has selected the Emery Sapp & Sons (ESS)-Pars...
Parsons Selected for $1B Sound Transit MATOC to Support Regional Transit Expansion
CHANTILLY, Va., Dec. 05, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced the company has secured a position on Sound Transit's 2025 $1 billion ceiling Multiple Award Task Order Cont...
Parsons to Present at the Raymond James TMT and Consumer Conference
CHANTILLY, Va., Dec. 05, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that Carey Smith, chair, president, and chief executive officer will participate in a fireside chat qu...
Parsons Positioned to Continue Advancing the Defense Threat Reduction Agency's Efforts to Counter and Mitigate Weapons of Mass Destruction
CHANTILLY, Va., Dec. 05, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was selected by the Defense Threat Reduction Agency (DTRA) as an awardee for the Coop...
Parsons Corporation (PSN) Presents at Goldman Sachs Industrials and Materials Conference 2025 Transcript
Parsons Corporation (PSN) Presents at Goldman Sachs Industrials and Materials Conference 2025 Transcript
Parsons to Present at Goldman Sachs Industrials and Materials Conference
CHANTILLY, Va., Nov. 25, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that Carey Smith, chair, president, and chief executive officer, and Matt Ofilos, chief financial offi...
Artisan Global Discovery Fund: Q3 Delivers Strong Results Amid Trimming And Exits
The portfolio generated a modestly positive absolute return in Q3, but it trailed the MSCI All Country World Small Mid Index. The Q3 underperformance was driven by stock selection in the IT, financial...
Parsons Awarded Position On $15 Billion Pacific Deterrence Initiative Infrastructure Contract
CHANTILLY, Va., Nov. 11, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a position on the $15 billion Pacific Deterrence Initiative Multiple Awar...
Parsons Awarded Contract to Modernize U.S. Coast Guard Biometrics System
CHANTILLY, Va., Nov. 10, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded an indefinite delivery indefinite quantity contract to modernize the U.S....
Parsons Corporation (PSN) Q3 2025 Earnings Call Transcript
Parsons Corporation ( PSN) Q3 2025 Earnings Call November 5, 2025 8:00 AM EST Company Participants David Spille - Senior Vice President of Investor Relations Carey Smith - President, CEO & Chairwoman...
Parsons Reports Third Quarter 2025 Results
Q3 2025 Financial Highlights Q3 revenue of $1.6 billion decreased 10% year-over-year and 14% on an organic basis Revenue growth of 14% excluding confidential contract; 9% on an organic basis Q3 net i...
Newport Trust Dumps 1.1 Million Parsons (PSN) Shares
Newport sold 1,119,023 shares, with an estimated transaction value of $86.5 million based on the quarterly average price. The transaction represented approximately 0.2% of the fund's 13F reportable as...
Parsons Corporation: Why I Am Maintaining My Buy Rating
Parsons Corporation remains a Buy as strong fundamentals and a large backlog offset concerns about federal spending cuts and a confidential contract. PSN's Q2-2025 results were affected by a confident...
Parsons Awarded Two Defense and Security Contracts for Middle East Clients
Awards underpin company's unique position to deliver comprehensive defense and critical infrastructure solutions to global customer base Awards underpin company's unique position to deliver comprehens...
PIF-Backed Diriyah Company Awards Parsons $56 million (SAR 210 million) Contract for Design and Construction Supervision in Saudi Arabia
CHANTILLY, Va., Oct. 29, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a contract for Phase 2 of the Diriyah project by Diriyah Company, a Publi...
Parsons Awarded Seat On $10 Billion Ceiling Value U.S. Navy Integration and Logistics Support Contract
CHANTILLY, Va., Oct. 24, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a seat on the Worldwide Expeditionary Multiple Award Contract (WEXMAC), T...
Parsons to Announce Third Quarter 2025 Financial Results on November 5, 2025
CHANTILLY, Va., Oct. 02, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will release third quarter 2025 financial results before the markets open on Wednesday, November 5, 2025. The company ...
Parsons Acquires Applied Sciences Consulting, Inc.
Strategic acquisition strengthens Parsons' water capabilities across Florida Strategic acquisition strengthens Parsons' water capabilities across Florida
MPA Contract Extended to Continue Delivering the Transformational Hudson Tunnel Project, the Most Urgent Rail Project in United States
Hudson Tunnel Project Proves that America is Building Again NEW YORK , Sept. 30, 2025 /PRNewswire/ -- MPA Delivery Partners, the joint venture of Mace, Parsons Corporation (NYSE: PSN), and Arcadis (AM...
MPA contract extended to continue delivering the transformational Hudson Tunnel Project, the most urgent rail project in United States
Hudson Tunnel Project Proves that America is Building Again NEW YORK , Sept. 30, 2025 /PRNewswire/ -- MPA Delivery Partners, the joint venture of Mace, Parsons Corporation (NYSE: PSN), and Arcadis (EU...
Parsons Awarded Task Order For Indo-Pacific Counter-Nuclear Smuggling System Deployment
CHANTILLY, Va., Sept. 17, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a $13 million task order under the National Nuclear Security Administrat...
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...