Parsons Corporation (PSN)
NYSE: PSN · Real-Time Price · USD
59.49
-2.46 (-3.97%)
Feb 21, 2025, 4:00 PM EST - Market closed
Parsons Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Parsons stock have an average target of 97.5, with a low estimate of 78 and a high estimate of 111. The average target predicts an increase of 63.89% from the current stock price of 59.49.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Parsons stock from 12 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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 5 | 4 | 5 | 7 | 7 |
| Buy | 2 | 3 | 3 | 3 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 9 | 8 | 9 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| William Blair | William Blair | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Feb 21, 2025 |
| Baird | Baird | Buy Maintains $125 → $78 | Buy | Maintains | $125 → $78 | +31.11% | Feb 20, 2025 |
| William Blair | William Blair | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Feb 18, 2025 |
| Jefferies | Jefferies | Strong Buy Maintains $110 → $100 | Strong Buy | Maintains | $110 → $100 | +68.10% | Jan 24, 2025 |
| William Blair | William Blair | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jan 23, 2025 |
Financial Forecast
Revenue This Year
6.84B
from 5.44B
Increased by 25.71%
Revenue Next Year
7.45B
from 6.84B
Increased by 8.83%
EPS This Year
3.44
from 1.42
Increased by 141.94%
EPS Next Year
3.96
from 3.44
Increased by 15.11%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.2B | 8.0B | 8.8B |
| Avg | 6.8B | 7.4B | 8.0B |
| Low | 6.6B | 7.0B | 7.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 31.5% | 16.6% | 17.9% |
| Avg | 25.7% | 8.8% | 7.8% |
| Low | 21.3% | 2.3% | 0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.69 | 4.54 | 5.16 |
| Avg | 3.44 | 3.96 | 4.46 |
| Low | 3.20 | 3.58 | 4.10 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 159.5% | 32.0% | 30.3% |
| Avg | 141.9% | 15.1% | 12.7% |
| Low | 125.6% | 4.1% | 3.6% |
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.