Parsons Corporation (PSN)

Parsons Stock Forecast

Stock Price Forecast

According to 9 professional analysts, the 12-month price target for Parsons stock ranges from a low of $65 to a high of $110. The average analyst price target of $87.44 forecasts a 28.12% increase in the stock price over the next year.

Price Target: $87.44 (+28.12%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$65	$87.44	$90	$110
Change	-4.76%	+28.12%	+31.87%	+61.17%

Analyst Ratings

The average analyst rating for Parsons stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	5	7	7	7	8	6
Buy	3	2	2	2	2	1
Hold	1	3	3	3	3	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	12	12	12	13	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sheila Kahyaoglu Jefferies	Jefferies	Strong Buy → Hold Downgrades $75 → $65	Strong Buy → Hold	Downgrades	$75 → $65	-4.76%	May 5, 2025
Tobey Sommer Truist Securities	Truist Securities	Strong Buy Reiterates $70 → $80	Strong Buy	Reiterates	$70 → $80	+17.22%	May 1, 2025
Andrew Wittmann Baird	Baird	Buy → Hold Downgrades $72 → $69	Buy → Hold	Downgrades	$72 → $69	+1.10%	May 1, 2025
Sangita Jain Keybanc	Keybanc	Buy Maintains $76 → $73	Buy	Maintains	$76 → $73	+6.96%	Apr 16, 2025
Tobey Sommer Truist Securities	Truist Securities	Strong Buy Maintains $85 → $70	Strong Buy	Maintains	$85 → $70	+2.56%	Apr 14, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

7.09B

Increased by 5.09%

from 6.75B

Revenue Next Year

7.41B

Increased by 4.47%

from 7.09B

EPS This Year

3.68

Increased by 73.29%

from 2.12

EPS Next Year

4.05

Increased by 10.04%

from 3.68

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	3.92B	3.66B	4.20B	5.44B	6.75B	7.09B	7.41B	7.96B
Revenue Growth	-0.91%	-6.59%	14.60%	29.74%	24.03%	5.09%	4.47%	7.38%
EPS	0.97	0.59	0.87	1.42	2.12	3.68	4.05	4.61
EPS Growth	-25.39%	-39.13%	47.52%	63.06%	49.39%	73.29%	10.04%	13.97%
Forward PE	-	-	-	-	-	18.56	16.87	14.80
No. Analysts	-	-	-	-	-	12	11	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	7.4B	8.1B	8.7B
Avg	7.1B	7.4B	8.0B
Low	6.8B	7.0B	7.5B

Revenue Growth

Revenue Growth	2025	2026	2027
High	10.2%	13.5%	16.8%
Avg	5.1%	4.5%	7.4%
Low	1.4%	-1.8%	0.9%

EPS Forecast

EPS	2025	2026	2027
High	4.57	4.90	5.07
Avg	3.68	4.05	4.61
Low	3.20	3.47	4.21

EPS Growth

EPS Growth	2025	2026	2027
High	115.3%	33.4%	25.4%
Avg	73.3%	10.0%	14.0%
Low	51.0%	-5.6%	4.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.