Parsons Corporation (PSN)
| Market Cap | 6.25B -22.0% |
| Revenue (ttm) | 6.30B -6.9% |
| Net Income | 227.86M -12.9% |
| EPS | 2.09 -11.0% |
| Shares Out | 106.98M |
| PE Ratio | 27.94 |
| Forward PE | 17.33 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,419,497 |
| Open | 57.45 |
| Previous Close | 57.58 |
| Day's Range | 57.45 - 60.06 |
| 52-Week Range | 46.88 - 89.50 |
| Beta | 0.66 |
| Analysts | Buy |
| Price Target | 69.18 (+18.34%) |
| 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 $69.18, which is an increase of 18.34% from the latest price.
News
Parsons Expands Mission-Focused Product Portfolio Across Defense, Intelligence, and Infrastructure
Key Takeaways Parsons' expanding portfolio of mission-focused products – underpinned by artificial intelligence – complements and enhances the company's broader global solutions offerings across natio...
Parsons Accelerates Industrial Base Modernization and Advanced Manufacturing to Deliver Mission Readiness at Speed and Scale
Key Takeaways: Parsons delivers integrated industrial base modernization and advanced manufacturing solutions that accelerate mission readiness across defense and infrastructure markets worldwide. Par...
Parsons awarded $33M contract by New York State DOT
Parsons (PSN) announced that the company was selected by the New York State Department of Transportation, or NYSDOT, to deliver the NYSDOT Statewide TSMO Software System. The $33M contract includes…
Parsons To Modernize New York's Intelligent Transportation System
Key Takeaways: Parsons was awarded a $33 million contract to deploy its iNET® smart mobility system statewide to support design, development, integration, testing, operations, and maintenance for NYSD...
Parsons awarded $245M Naval Research Laboratory contract
Parsons (PSN)’ wholly owned Space Ground System Solutions subsidiary has been awarded a $245M indefinite delivery, indefinite quantity contract from the U.S. Naval Research Laboratory – NRL – to provi...
Parsons Awarded $245 Million Naval Research Laboratory Satellite Ground Systems Contract
Key Takeaways: Space Ground System Solutions, Inc., a wholly owned Parsons' subsidiary, secured a five-year, $245 million contract with the U.S. Naval Research Laboratory to advance mission-critical ...
Parsons price target raised to $60 from $55 at Jefferies
Jefferies raised the firm’s price target on Parsons (PSN) to $60 from $55 and keeps a Hold rating on the shares. The firm expects sustained growth through 2028 driven by…
Parsons Launches AresNXT™ Biometrics Platform
Key Takeaways: Parsons announces the launch of AresNXT™, a next-generation biometrics platform that enables secure, scalable identity management across critical infrastructure, national security oper...
Parsons Awarded Program and Construction Management Contract for Lusail Development in Qatar
Key Takeaways: Parsons has been awarded a three-year contract to provide program management, construction management, and construction supervision for the Lusail City Infrastructure Program in Qatar, ...
Parsons Pioneering Integrated Technology Solutions for PFAS Remediation
Key Takeaways: Parsons is a leading PFAS solutions provider in North America. The company combines science-based strategies, in-house R&D, and an advanced contaminants elimination program to develop ...
Parsons price target raised to $66 from $65 at Citi
Citi analyst John Godyn raised the firm’s price target on Parsons (PSN) to $66 from $65 and keeps a Buy rating on the shares. The firm updated estimates and price…
Parsons to Announce Second Quarter 2026 Financial Results on July 29, 2026
CHANTILLY, Va., July 01, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will release second quarter 2026 financial results before the markets open on Wednesday, July 29, 2026.
Raft and Parsons Highlight Participation in Strategic Partner Program to Accelerate Modernization and Operational Advantage Across the Indo-Pacific
MCLEAN, Va., June 30, 2026 /PRNewswire/ -- Raft and Parsons Corporation (NYSE:PSN) today announced Parsons' participation in Raft's Partner Program to accelerate the delivery of data, artificial intel...
Parsons' Differentiated Cyber and Electromagnetic Capabilities Deliver Dominance by Design to Department of War
Key Takeaways: Parsons provides full-spectrum cyber and electromagnetic solutions that enhance spectrum superiority, cyber resilience, and multi-domain operations. Artificial intelligence and machine ...
Parsons awarded multiple contracts for $1.4B bridge replacement
Parsons (PSN) has been selected for the design oversight and construction oversight contracts on the estimated $1.1B-$1.4B design-build John A. Blatnik Bridge Project by the Minnesota and Wisconsin De...
Parsons Awarded Multiple Contracts for $1.4B John A. Blatnik Bridge Replacement
Parsons was selected for design and construction oversight on the John A. Blatnik Bridge Project by the Minnesota and Wisconsin Dpts of Transportation.
Parsons awarded $184M Navy Intelligence carry-on program contract
Parsons (PSN) announced it has been awarded a $184M ceiling value single-award, indefinite-The contract supports a broad range of work areas focused on the rapid delivery of innovative capabilities th...
Parsons Awarded $184 Million Navy Intelligence Carry-On Program Contract
CHANTILLY, Va., June 15, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN), today announced it has been awarded a $184 million ceiling value single-award, indefinite-delivery/indefinite-quantit...
Parsons awarded $22M contract by LA County MTA
Parsons (PSN) announced that Los Angeles County Metropolitan Transportation Authority has awarded a $22M contract amendment for multimodal improvements along the I-605 corridor in Los Angeles, which e...
Parsons Awarded $22M Contract for Los Angeles' I-605 Multimodal Corridor Improvements
CHANTILLY, Va., June 11, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that Los Angeles County Metropolitan Transportation Authority (Metro) has awarded a $22 million contra...
Parsons' CUAS Solutions Strengthen National Security and Protect Critical Infrastructure
Key Takeaways: Parsons recently demonstrated AI-enabled CUAS solutions which integrated sensor and kinetic effectors. Parsons' expertise in non-kinetic effects (NKE) detect, disrupt, and mitigate sin...
Parsons secures additional $73M contract in support of GARDEM mission
Parsons (PSN) announced it has secured an additional $73M contract in support of the Air Force Research Laboratory’s Global Application Research, Development, Engineering and Maintenance mission. The ...
Parsons Secures a Total of $218 Million on AFRL GARDEM Contracts
CHANTILLY, Va., June 09, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN), today announced it has secured an additional $73 million contract in support of the Air Force Research Laboratory's (...
Parsons Marks Groundbreaking of Major Interchange Improvements Project in Connecticut
CHANTILLY, Va., June 08, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) recently joined the Connecticut Department of Transportation (CTDOT), federal partners, and community leaders to mark ...
Parsons Accelerates Mission Success with Advanced AI
Key Takeaways: Parsons is a proven AI leader with 20+ years of operational experience. Parsons delivers scalable, real‑world AI applications across national security and infrastructure.