Parsons Corporation (PSN)
| Market Cap | 5.04B -39.9% |
| Revenue (ttm) | 6.29B -5.8% |
| Net Income | 157.41M -36.4% |
| EPS | 1.45 -34.8% |
| Shares Out | 106.81M |
| PE Ratio | 32.55 |
| Forward PE | 14.42 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 270,608 |
| Open | 48.28 |
| Previous Close | 48.28 |
| Day's Range | 47.17 - 48.95 |
| 52-Week Range | 36.26 - 89.50 |
| Beta | 0.69 |
| Analysts | Buy |
| Price Target | 58.55 (+24.15%) |
| 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 $58.55, which is an increase of 24.15% from the latest price.
News
Parsons Awarded First Task Order Under DTRA CTRIC IV to Support Chemical Threat Reduction Efforts in Southeast Asia
Key Takeaways: Parsons secured the first task order issued under DTRA's CTRIC IV contract, reinforcing the company's position as a trusted partner in delivering integrated threat reduction solutions ...
PSN Investors Have Opportunity to Join Parsons Corporation Fraud Investigation with SBS Law
LOS ANGELES, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of ...
Parsons selected as lead design for South Carolina Interstate 526 project
Parsons (PSN) Corporation announced that the company was selected by the South Carolina Department of Transportation, or SCDOT, as part of the Ames Construction design-build team, to provide lead desi...
Parsons price target lowered to $60 from $69 at Goldman Sachs
Goldman Sachs analyst Noah Poponak lowered the firm’s price target on Parsons (PSN) to $60 from $69 and keeps a Neutral rating on the shares. Parsons’ weaker-than-expected quarter and lowered…
Parsons Selected to Lead Design of South Carolina's I-526 Long Point Road Interchange Improvements Project
Parsons named lead designer for the Interstate 526 Long Point Road Interchange Improvements project as part of the Ames Construction design-build team.
Parsons upgraded to Buy from Hold at Jefferies
Jefferies upgraded Parsons (PSN) to Buy from Hold with a price target of $52, down from $60. The post-earnings selloff reflects high expectations into a reduced 2026 EBITDA outlook, the…
Parsons price target lowered to $48 from $58 at Baird
Baird analyst Andrew Wittmann lowered the firm’s price target on Parsons (PSN) to $48 from $58 and keeps a Neutral rating on the shares. The firm updated its model following…
Parsons price target lowered to $58 from $67 at UBS
UBS analyst Gavin Parsons (PSN) lowered the firm’s price target on Parsons to $58 from $67 and keeps a Buy rating on the shares. Despite prior estimate reductions and justified…
Parsons price target lowered to $66 from $79 at Stifel
Stifel lowered the firm’s price target on Parsons (PSN) to $66 from $79 and keeps a Buy rating on the shares. The report was “dominated” by the total $118M in…
Parsons price target lowered to $53 from $66 at Citi
Citi lowered the firm’s price target on Parsons (PSN) to $53 from $66 and keeps a Buy rating on the shares. The firm views the company’s guidance cut as surprising…
Parsons price target lowered to $60 from $70 at Barclays
Barclays lowered the firm’s price target on Parsons (PSN) to $60 from $70 and keeps an Overweight rating on the shares post the Q2 report. The company reset expectations with…
Parsons trading halted, volatility trading pause
09:40 EDT Parsons (PSN) trading halted, volatility trading pause
Parsons reports Q2 adjusted EPS 86c, consensus 76c
Reports Q2 revenue $1.60B, consensus $1.61B. The company said, “Our second quarter results highlight the demand for our solutions and the effectiveness of our strategy in a dynamic macro environment.
Parsons sinks 23% to $48.00 after cutting revenue outlook
08:50 EDT Parsons (PSN) sinks 23% to $48.00 after cutting revenue outlook
Parsons Earnings Call Transcript: Q2 2026
Q2 2026 saw strong core business growth, robust bookings, and margin expansion, despite $118 million in non-recurring charges from portfolio actions and a weather-impacted JV. Guidance was revised lower due to divestitures and timing, but backlog and book-to-bill ratios support confidence in H2 and 2027.
Parsons Earnings release: Q2 2026
Parsons released its Q2 2026 earnings on July 29, 2026, summarizing the period's financial results.
Parsons Slides: Q2 2026
Parsons has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 29, 2026.
Parsons Quarterly report: Q2 2026
Parsons has published its Q2 2026 quarterly earnings report on July 29, 2026.
Parsons lowers FY26 revenue view to $6.2B-$6.5B from $6.5B-$6.8B
Consensus is for FY26 revenue $6.65B. Lowers FY26 Adjusted EBITDA view including non-controlling interest to $500M-$560M from $615M-$675M and Cash Flow from Operating Activities to $430M-$490M from $4...
Parsons Reports Second Quarter 2026 Results
Key Takeaways Continued strong demand with 24% year-over-year increase in contract awards and a 1.2x book-to-bill ratio for the quarter, positioning the company for continued success Middle East resil...
Parsons Celebrates the Opening of the Gordie Howe International Bridge
Key Takeaways: The Gordie Howe International Bridge connects the cities of Detroit, Michigan and Windsor, Ontario, Canada through a 2,800-foot-long cable-stayed main span bridge. The new bridge will p...
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...