Parsons Corporation (PSN)
| Market Cap | 8.80B |
| Revenue (ttm) | 6.68B |
| Net Income (ttm) | 247.56M |
| Shares Out | 106.79M |
| EPS (ttm) | 2.23 |
| PE Ratio | 37.27 |
| Forward PE | 25.22 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 139,058 |
| Open | 82.90 |
| Previous Close | 82.88 |
| Day's Range | 81.73 - 83.49 |
| 52-Week Range | 54.56 - 114.68 |
| Beta | 0.63 |
| Analysts | Strong Buy |
| Price Target | 88.91 (+7.93%) |
| Earnings Date | Oct 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]
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 12 analysts, the average rating for PSN stock is "Strong Buy." The 12-month stock price target is $88.91, which is an increase of 7.93% from the latest price.
News
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...
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...
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...
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.
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.
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...
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...
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...
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...
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...
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...
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
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 ...
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...
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...
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...
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.
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 ...
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...
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...
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...
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...
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...
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...