Parsons Corporation (PSN)
| Market Cap | 8.04B |
| Revenue (ttm) | 6.77B |
| Net Income (ttm) | 261.51M |
| Shares Out | 106.87M |
| EPS (ttm) | 2.35 |
| PE Ratio | 32.02 |
| Forward PE | 23.50 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,158,458 |
| Open | 75.47 |
| Previous Close | 75.68 |
| Day's Range | 74.59 - 76.43 |
| 52-Week Range | 54.56 - 114.68 |
| Beta | 0.55 |
| Analysts | Strong Buy |
| Price Target | 84.30 (+12.0%) |
| Earnings Date | Aug 6, 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 11 analysts, the average rating for PSN stock is "Strong Buy." The 12-month stock price target is $84.3, which is an increase of 12.00% from the latest price.
News
Parsons Celebrates Infrastructure Excellence in Missouri with Award on I-270 Project
CHANTILLY, Va., July 10, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is proud to announce that its role as lead designer for the I-270 North Design-Build Project has been honored with the...
SealingTech Boosts Production of DoD Cyber Hunt Kits with NCS Technologies
New agreement enables 5x production increase to support growing defense demand COLUMBIA, Md. , July 9, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE: PSN...
Top 2 Industrials Stocks You May Want To Dump This Quarter
As of July 8, 2025, two stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Dubai's RTA Selects Parsons As Project Management Consultant For Dubai Metro Blue Line Project
CHANTILLY, Va., July 08, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company has been appointed as the Project Management Consultant on the Dubai Metro Blue Line ...
Parsons to Announce Second Quarter 2025 Financial Results on August 6, 2025
CHANTILLY, Va., July 03, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will release second quarter 2025 financial results before the markets open on Wednesday, August 6, 2025. The company w...
Parsons Acquires Chesapeake Technologies International
Acquisition bolsters Parsons' electromagnetic warfare and all-domain solutions for the U.S. defense market Acquisition bolsters Parsons' electromagnetic warfare and all-domain solutions for the U.S. d...
Parsons Corporation is Ready Now to Build America's Brand New, State Of-The-Art Air Traffic Control System
Parsons and IBM join forces to design solutions for a national airspace system with enhanced safety and efficiency Parsons and IBM join forces to design solutions for a national airspace system with e...
Parsons Named #1 Program Management Firm by Engineering News-Record
Recognition is underpinned by Parsons' focus on innovation, collaboration, program delivery, and accountability to its clients Recognition is underpinned by Parsons' focus on innovation, collaboration...
Parsons Awarded $137M Defense Threat Reduction Agency Task Order For Cyber Operations
CHANTILLY, Va., June 19, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a $137 million ceiling value contract by the Defense Threat Reduction Age...
Parsons Grows U.S. Army Organic Industrial Base Modernization Portfolio with $169.5 Million Award
CHANTILLY, Va., June 16, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a $169.5 million single award contract by the United States Army Corps of...
Parsons Celebrates the Completion of 9.1-Mile Light Rail Segment
CHANTILLY, Va., June 12, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) celebrated two station dedications on the new Foothill Gold Line light rail segment between Glendora and Pomona in Sou...
Parsons Awarded Air Base Air Defense Early Warning Capability Task Order
CHANTILLY, Va., June 10, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded a $94.5 million ceiling value task order under the Air Base Air Defense (ABAD) indefinite delivery, i...
Parsons Receives 2025 Engineering Excellence Honor Award for Deer Creek Sanitary Tunnel and Pump Station Project
CHANTILLY, Va., June 05, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is proud to announce that the American Council of Engineering Companies (ACEC) at the national Engineering Excellence ...
Parsons Selected for the Austin-Bergstrom International Airport Program Management Contract
CHANTILLY, Va., June 03, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was one of seven lead consultants selected by the City of Austin to provide program m...
Parsons to Present at Baird's 2025 Global Consumer, Technology & Services Conference
CHANTILLY, Va., May 30, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) chair, president, and chief executive officer, Carey Smith, will present at Baird's 2025 Global Consumer, Technology & ...
Parsons Celebrates Engineering Excellence Award and Ribbon Cutting for I-80/Gilman Street Interchange Project
CHANTILLY, Va., May 29, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) proudly announced the official completion of the I-80/Gilman Street Interchange Improvement Project in Berkeley, Califo...
Parsons to Present at the William Blair 45th Annual Growth Stock Conference
CHANTILLY, Va., May 28, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) chair, president, and chief executive officer, Carey Smith, will present at the William Blair 45th Annual Growth Stock ...
Parsons: Share Price Sluggish, Although Earnings Grow Briskly
Parsons has maintained strong net income and earnings growth, with a $9B+ backlog and successful acquisitions, despite sagging share prices over the past 6 months. Critical Infrastructure is driving g...
Parsons' Portfolio, Experience, and Strength as a Global Infrastructure Leader Shines as U.S. President Visits Middle East
Visits to Parsons' three major countries in the Middle East and leadership engagements with the President and the Delegation highlight the company's regional strengths and alignment with Administratio...
Parsons Selected As Delivery Partner For King Salman International Airport
CHANTILLY, Va., May 13, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today, on the sidelines of the Saudi-US Investment Forum in Riyadh, that the company has been awarded two Del...
SealingTech Introduces Critical Infrastructure Protection and Enterprise Networks Solution
COLUMBIA, Md. , May 5, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE: PSN), and leading defensive cyber operations solution provider for US national secu...
Parsons To Showcase Innovative All-Domain Technology Solutions At Special Operations Forces Week 2025
CHANTILLY, Va., May 02, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will showcase its latest innovations supporting the operational imperatives of United States Special Operations Forces ...
Parsons Corporation (PSN) Q1 2025 Earnings Call Transcript
Parsons Corporation (NYSE:PSN) Q1 2025 Earnings Conference Call April 30, 2025 8:00 AM ET Company Participants David Spille - SVP, IR Carey Smith - Chair, President & CEO Matt Ofilos - CFO Conference...
Parsons Reports Record First Quarter 2025 Results
Q1 2025 Financial Highlights Record Q1 revenue of $1.6 billion increases 1% year-over-year; decreases 2% on an organic basis 11% revenue growth excluding confidential contract; increases 7% on an orga...
King Salman Park Foundation Selects Parsons for Project Management Office Services
CHANTILLY, Va., April 23, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it has been awarded a contract for Project Management Office (PMO) services by the King Salman P...