Parsons Corporation (PSN)
| Market Cap | 5.26B -42.5% |
| Revenue (ttm) | 6.32B -2.7% |
| Net Income | 147.44M -38.5% |
| EPS | 1.36 -37.2% |
| Shares Out | 105.54M |
| PE Ratio | 36.57 |
| Forward PE | 14.86 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 585,321 |
| Open | 51.32 |
| Previous Close | 50.57 |
| Day's Range | 48.99 - 51.32 |
| 52-Week Range | 36.26 - 88.00 |
| Beta | 0.68 |
| Analysts | Buy |
| Price Target | 61.36 (+23.07%) |
| Earnings Date | Oct 28, 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 $61.36, which is an increase of 23.07% from the latest price.
News
Parsons awarded contract amendment valued up to $100M
Parsons (PSN) announced that the company was selected to continue providing environmental engineering services for site remediation on the west coast of the United States. The amendment to an existing...
Parsons Awarded Contract Amendment Valued Up To $100M For Environmental Engineering Services
Key Takeaways: Parsons was awarded a new $100 million ceiling-value amendment to an existing confidential contract to provide environmental engineering services. The scope includes sampling, waste cha...
Parsons Introduces iNET® Convergent Response, Combining Its iNET® and Team Awareness Kit Capabilities for Faster Operational Decision-Making
Parsons launches iNET Convergent Response, technology for transportation, emergency management, public safety, and critical infrastructure operations.
Parsons’ Altamira awarded $63M contract from NASIC
Parsons (PSN) announced that Altamira, a Parsons company, was awarded a task order supporting the National Air & Space Intelligence Center to support the development, delivery, maintenance, sustainmen...
Parsons price target raised to $63 from $53 at Citi
Citi analyst John Godyn raised the firm’s price target on Parsons (PSN) to $63 from $53 and keeps a Buy rating on the shares.
Altamira, a Parsons Company, Awarded $63 Million NOVASTAR Contract
Key Takeaways: Parsons' subsidiary Altamira was awarded a $63 million, four-year task order from the National Air & Space Intelligence Center (NASIC) to support and enhance the Collaboration Collectio...
Royal Commission for Riyadh City selects Parsons-Led Joint Venture for Riyadh Metro Red Line Extension
CHANTILLY, Va., Nov. 03, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN), shared that the Parsons-led joint venture, Riyadh Metro Transit Consultants (RMTC), in partnership with Systra and Eg...
Parsons price target raised to $58 from $52 at Jefferies
Jefferies raised the firm’s price target on Parsons (PSN) to $58 from $52 and keeps a Buy rating on the shares. The firm views the company’s earnings report as solid.
Parsons price target raised to $64 from $61 at UBS
UBS raised the firm’s price target on Parsons (PSN) to $64 from $61 and keeps a Buy rating on the shares.
Parsons price target raised to $63 from $57 at Baird
Baird raised the firm’s price target on Parsons (PSN) to $63 from $57 and keeps an Outperform rating on the shares. The firm updated its model following results with better…
Parsons Earnings Call Transcript: Q3 2026
Q3 delivered record adjusted EBITDA margin, strong cash flow and growing backlog, with FY 2026 guidance narrowed. Federal awards and funded backlog underpin growth prospects, while protests, geopolitical uncertainty and JV execution remain key risks.
Parsons Slides: Q3 2026
Parsons has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on October 28, 2026.
Parsons Quarterly report: Q3 2026
Parsons has published its Q3 2026 quarterly earnings report on October 28, 2026.
Parsons CFO Matt Ofilos to resign, George Ball named interim CFO
Parsons (PSN) announced that Matt Ofilos will resign as Executive Vice President and CFO, effective November 6, 2026, to pursue another professional opportunity. Ofilos’ resignation is not the result ...
Parsons Announces Chief Financial Officer Transition
CHANTILLY, Va., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) today announced that Matt Ofilos will resign as Executive Vice President and Chief Financial Officer, effective Novemb...
Parsons reports Q3 adjusted EPS 89c, consensus 78c
Reports Q3 revenue $1.65B, consensus $1.57B. “We delivered a strong Q3, exceeding our commitments with record adjusted EBITDA and adjusted EBITDA margin, and robust operating cash flow and bookings ac...
Parsons narrows FY26 revenue view to $6.25B-$6.45B from $6.20B-$6.50B
Consensus is for FY26 revenue $6.31B. Narrows FY26 Adjusted EBITDA view including non-controlling interest to $510M-$550M from $500M-$560M; and reaffirms Cash Flow from Operating Activities view $430M...
Parsons Reports Third Quarter 2026 Results
Q3 2026 Key Takeaways Revenue, profitability, and cash flow exceeded commitments, with adjusted EBITDA and margin reaching record levels Continued strong demand across both segments, with contract awa...
Parsons receives approval for patented remediation of PFAS impacted soil
Parsons (PSN) announced that it received federal approval from the U.S. Department of War’s, or DOW, Environmental Security Technology Certification Program, or ESTCP, and Defense Innovation Unit, or ...
Parsons Receives Defense Innovation Unit Success Memo For PFAS Remediation
Parsons receives a success memo for PFAS remediation, making it easier for DOW buyers to secure Parsons' patented thermal conduction heating technology.
Parsons price target lowered to $62 from $72 at TD Cowen
TD Cowen lowered the firm’s price target on Parsons (PSN) to $62 from $72 and keeps a Buy rating on the shares. The firm adjusted targets in the government services…
Parsons to Announce Third-Quarter 2026 Financial Results on October 28, 2026
CHANTILLY, Va., Oct. 06, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will release third-quarter 2026 financial results before the market opens on Wednesday, October 28, 2026. The company ...
Parsons awarded $85M contract deliver U.S. Space Command’s new headquarters
Parsons (PSN) announced that the company was selected by Army Contracting Command – Rock Island, in coordination with Air Force Civil Engineering Center to provide comprehensive Owner’s Advisor suppor...
Parsons Awarded $85M Agreement to Deliver New U.S. Space Command Headquarters
Key Takeaways: Parsons awarded $85 million Other Transaction Authority (OTA) Agreement to deliver U.S. Space Command's new purpose-built Command and Control Facility at Redstone Arsenal in Alabama, fu...
Parsons Operational, Agile, Defense Solutions Ready Now on Department of War's Digital Marketplaces
Key Takeaways: Parsons secured nine “Awardable” designations across two leading Department of War digital marketplaces designed to rapidly deploy operational capabilities to warfighters at the edge. T...