Parsons Corporation (PSN)
| Market Cap | 4.81B -49.6% |
| Revenue (ttm) | 6.29B -5.8% |
| Net Income | 157.41M -36.4% |
| EPS | 1.45 -34.8% |
| Shares Out | 106.81M |
| PE Ratio | 30.97 |
| Forward PE | 13.68 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 163,123 |
| Open | 45.30 |
| Previous Close | 45.08 |
| Day's Range | 44.64 - 45.56 |
| 52-Week Range | 36.26 - 88.00 |
| Beta | 0.71 |
| Analysts | Buy |
| Price Target | 58.36 (+29.66%) |
| 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 $58.36, which is an increase of 29.66% from the latest price.
News
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...
Parsons Transcript: Jefferies Global Industrials Conference 2026
The conference highlighted robust growth across federal and critical infrastructure markets, driven by strong contract wins, a strategic M&A approach, and expanding product and AI capabilities. Margins and revenue are expected to improve, with continued focus on innovation, Middle East expansion, and PFAS remediation.
Parsons to Present at the 2026 Jefferies Global Industrials Conference
CHANTILLY, Va., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that Carey Smith, chair, president, and chief executive officer, and Matt Ofilos, chief financial off...
Parsons Participates in Trump Administration's Project Watershed 250
Key Takeaways: Today Parsons joined national leaders at the Project Watershed 250 launch in San Antonio, Texas. This scalable water cybersecurity pilot program was initiated by White House National Cy...
Parsons awarded two new NNSA task orders
Parsons (PSN) announced that it was awarded the Middle East 3 Region and Africa 2 Region task orders under the U.S. Department of Energy National Nuclear Security Administration’s, or NNSA,…
Parsons Strengthens Leadership in Global Counter-Nuclear Smuggling Mission with Two New NNSA Task Orders
Key Takeaways: Parsons secured two new NNSA CNSSD task orders for design and deployment of counter-nuclear smuggling systems across the Middle East and Africa. The awards bring Parsons' total CNSSD p...
Parsons awarded position on COMET IDIQ contract with ceiling value of $14B
Parsons (PSN) announced that the company was awarded a position on the Contract Operations for Missile Evaluation and Testing contract supporting the Missile & Space Intelligence Center and its missio...
Parsons Awarded Position on $14B Billion COMET Missile and Space Intelligence Effort
Key Takeaways: Parsons was awarded a position on the COMET IDIQ contract with a combined ceiling value of more than $14 billion. The contract supports the Missile and Space Intelligence Center's missi...
SealingTech, a Parsons Corporation company, receives $750 Million Joint Cyber Hunt Kit (JCHK) Full-Rate Production Award from USCYBERCOM
Key Takeaways SealingTech, a Parsons company, is the sole prime contractor awardee for USCYBERCOM's JCHK. The agreement is for five years with a ceiling value of $750M.
Parsons Secures $514 Million Missile Defense Agency Contract Option
Key Takeaways: Parsons secured a $514 million, two-year contract option of its existing Technical, Engineering, Advisory, and Management Support (TEAMS) – Next Missile Defense System Engineering contr...
Parsons upgraded to Outperform from Neutral at Baird
Baird upgraded Parsons (PSN) to Outperform from Neutral with a price target of $57, up from $48. Investor sentiment is low and the company’s guidance looks conservative, the analyst tells…
Parsons chosen for $350M Seabed to Space ISR program
Parsons (PSN) announced that the company was selected by Naval Information Warfare Center Pacific to provide research, development, test, and evaluation and technical engineering services for the Seab...
Parsons Selected for $350M Seabed to Space ISR Effort
Parsons selected by NIWC Pacific to provide RDT&E & technical engineering services for the Seabed to Space Intelligence Surveillance Reconnaissance program
Parsons chosen for NITE-STAR contract with shared ceiling value of $981M
Parsons (PSN) announced it has been selected by the U.S. Space Force as an awardee on the National Space Test and Training Complex Innovative Technology & Engineering – Space Test…
Parsons Selected for Space Force's NITE-STAR Capability
Key Takeaways: Parsons was selected for the U.S. Space Force's National Space Test and Training Complex (NSTTC) Innovative Technology & Engineering – Space Test and Range (NITE-STAR) Capability Develo...
Parsons selected to help modernize Knoxville’s airport terminal
Parsons (PSN) has been selected by the Metropolitan Knoxville Airport Authority to provide program and construction management services for the McGhee Tyson Airport Terminal Area Development Plan in K...
Parsons Awarded Contract to Help Modernize Knoxville's McGhee Tyson Airport Terminal
Parsons was selected by the Metropolitan Knoxville Airport Authority to provide PM/CM services for the Knoxville Airport Terminal Development Program.
Parsons awarded $664.81M Army contract
Parsons (PSN) was awarded a $664.81M multi-year, indefinite-delivery/indefinite-quantity, time-and-materials contract for technical, logistics, and program management support. Seventeen bids were soli...
Parsons wins task order to support chemical threat reduction in South East Asia
Parsons (PSN) has secured the first task order under the Defense Threat Reduction Agency’s Cooperative Threat Reduction Integration Contract IV. Under the task order, Parsons will support DTRA’s Globa...
Parsons Awarded $70M to Advance Air Base Air Defense Capabilities Across Europe and Africa
Key Takeaways: Parsons was awarded a $70 million task order under the U.S. Air Force's Air Base Air Defense (ABAD) contract to provide integration, testing, deployment, maintenance, and operational tr...
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 ...