Parsons Corporation (PSN)
| Market Cap | 6.07B -13.9% |
| Revenue (ttm) | 6.30B -6.9% |
| Net Income | 227.86M -12.9% |
| EPS | 2.09 -11.0% |
| Shares Out | 106.98M |
| PE Ratio | 27.10 |
| Forward PE | 16.77 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 807,329 |
| Open | 57.32 |
| Previous Close | 57.28 |
| Day's Range | 56.28 - 58.33 |
| 52-Week Range | 48.23 - 89.50 |
| Beta | 0.64 |
| Analysts | Buy |
| Price Target | 69.64 (+22.82%) |
| Earnings Date | Apr 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 $69.64, which is an increase of 22.82% from the latest price.
News
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.
Parsons awarded $28M task order by U.S. Air Force
Parsons (PSN) announced it has been awarded a $28M task order from the U.S. Air Force to provide comprehensive Field Site Support under the Global Application Research, Development, Engineering, and…
Parsons Secures $28 Million U.S. Air Force Task Order Supporting AFRL's GARDEM Mission
CHANTILLY, Va., June 03, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN), a leading disruptive technology provider supporting national security missions across all domains, announced today it...
SealingTech, a Parsons' company, Amplifies Operator Performance and Automation at the Edge with Zepharis™ Software Suite and AI
Highlights Zepharis Software Suite advances SealingTech's approach to delivering "deployable anywhere" solutions by bringing a unified software line to our high-performance edge compute products. With...
Parsons awarded $99M single-award task order from AFRL
Parsons (PSN) announced that the company was awarded a $99M single-award task order to provide research, development, engineering, prototyping, integration, testing, and demonstration of technologies ...
Parsons Advances U.S. Air Force Innovation With $99 Million Task Order
CHANTILLY, Va., June 01, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a $99 million single-award task order to provide research, development, e...
Parsons initiated with an Outperform at BNP Paribas
BNP Paribas analyst Matthew Akers initiated coverage of Parsons (PSN) with an Outperform rating and $65 price target
Parsons Celebrates the Opening of D Line Subway Extension Section 1
CHANTILLY, Va., May 19, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the Los Angeles County Transportation Authority (Metro) has opened the D Line Subway Extension Sec...
Parsons Transcript: Bank of America’s 33th Annual Industrials, Transportation and Airlines Key Leaders Conference
The company is positioned for strong growth across six end markets, with cyber and transportation leading revenue contributions. Robust backlog, resilient Middle East operations, and a focus on AI-driven efficiency support margin expansion. M&A and capital deployment remain priorities, with continued investment in technology and key regions.
Parsons awarded position on $136M Air Force contract
Parsons (PSN) announced that the company was selected by the United States Air Force and its 75th Civil Engineer Group at Hill Air Force Base for a multiple award task…
Parsons Awarded Position on $136 Million Air Force Contract
CHANTILLY, Va., May 12, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was selected by the United States Air Force (USAF) and its 75th Civil Engineer Group a...
Parsons CEO buys $624.6K in common stock
In a regulatory filing, Parsons (PSN) Disclosed that its CEO, Carey Smith, bought 12,500 shares of common stock on May 8th in a total transaction size of $624.6K. Shares are…
Parsons to Present at the Bank of America 2026 Industrials, Transportation & Airlines Key Leaders Conference
CHANTILLY, Va., May 11, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that Carey Smith, chair, president, and chief executive officer, and Matt Ofilos, chief financial offic...
Parsons Secures $34 Million DTRA Award to Continue Nuclear Enterprise Mission Assurance Support
CHANTILLY, Va., May 07, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the Defense Threat Reduction Agency (DTRA) has exercised Option Year 3 on the Vulnerability Assess...
Parsons awarded position on $2B multiple award task order contract by U.S. Army
Parsons (PSN) announced that the company was awarded a position on a $2B multiple award task order contract by the U.S. Army Corps of Engineers to deliver energy resilience and…
Parsons Awarded Position on $2B Military Energy Resilience Program
CHANTILLY, Va., May 05, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a position on a $2 billion multiple award task order contract (MATOC) by t...
BofA cuts Parsons target, says growth concerns overdone
BofA lowered the firm’s price target on Parsons (PSN) to $80 from $90 and keeps a Buy rating on the shares. The firm says investors remain concerned about the company’s…
Parsons partners with Everywhere Communications for autonomous drone operations
Parsons (PSN) announced a strategic partnership with Everywhere Communications to advance next-generation autonomous drone capabilities under a Small Business Innovation Research, or SBIR, initiative,...
EVERYWHERE Communications Partners with Parsons to Enable Resilient, Beyond-Line-of-Sight Autonomous Drone Operations Under SBIR Initiative
ANNAPOLIS, Md., May 4, 2026 /PRNewswire/ -- EVERYWHERE Communications today announced a strategic partnership with Parsons Corporation (NYSE: PSN) to advance next-generation autonomous drone capabilit...