Parsons Corporation (PSN)
| Market Cap | 8.73B |
| Revenue (ttm) | 6.49B |
| Net Income (ttm) | 239.74M |
| Shares Out | 106.49M |
| EPS (ttm) | 2.17 |
| PE Ratio | 37.79 |
| Forward PE | 24.23 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,009,234 |
| Open | 84.76 |
| Previous Close | 83.29 |
| Day's Range | 81.63 - 85.87 |
| 52-Week Range | 54.56 - 101.92 |
| Beta | 0.65 |
| Analysts | Strong Buy |
| Price Target | 92.00 (+12.2%) |
| 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 $92.0, which is an increase of 12.20% from the latest price.
News
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...
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...
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...