Parsons Corporation (PSN)
NYSE: PSN · Real-Time Price · USD
96.44
+1.21 (1.27%)
Jan 21, 2025, 4:00 PM EST - Market closed
Parsons Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Parsons stock have an average target of 102.44, with a low estimate of 81 and a high estimate of 125. The average target predicts an increase of 6.22% from the current stock price of 96.44.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Parsons stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 5 | 4 | 5 | 6 |
| Buy | 2 | 2 | 3 | 3 | 3 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 9 | 8 | 9 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $122 → $102 | Buy | Maintains | $122 → $102 | +5.77% | Jan 8, 2025 |
| TD Cowen | TD Cowen | Strong Buy Maintains $117 → $105 | Strong Buy | Maintains | $117 → $105 | +8.88% | Jan 8, 2025 |
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jan 2, 2025 |
| Goldman Sachs | Goldman Sachs | Hold → Strong Buy Upgrades $103 → $111 | Hold → Strong Buy | Upgrades | $103 → $111 | +15.10% | Dec 12, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $130 → $110 | Strong Buy | Maintains | $130 → $110 | +14.06% | Nov 22, 2024 |
Financial Forecast
Revenue This Year
6.84B
from 5.44B
Increased by 25.71%
Revenue Next Year
7.47B
from 6.84B
Increased by 9.12%
EPS This Year
3.43
from 1.42
Increased by 141.51%
EPS Next Year
3.94
from 3.43
Increased by 14.87%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.2B | 8.0B | 8.8B |
| Avg | 6.8B | 7.5B | 8.1B |
| Low | 6.6B | 7.0B | 7.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 31.5% | 16.6% | 17.6% |
| Avg | 25.7% | 9.1% | 7.9% |
| Low | 21.3% | 2.3% | 0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.69 | 4.54 | 5.16 |
| Avg | 3.43 | 3.94 | 4.55 |
| Low | 3.20 | 3.52 | 4.10 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 159.5% | 32.2% | 30.8% |
| Avg | 141.5% | 14.9% | 15.4% |
| Low | 125.6% | 2.6% | 4.0% |
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.