Parsons Corporation (PSN)
| Market Cap | 5.26B -26.8% |
| Revenue (ttm) | 6.30B -6.9% |
| Net Income | 227.86M -12.9% |
| EPS | 2.09 -11.0% |
| Shares Out | 106.98M |
| PE Ratio | 23.51 |
| Forward PE | 14.55 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,128,556 |
| Open | 51.25 |
| Previous Close | 51.22 |
| Day's Range | 48.80 - 51.76 |
| 52-Week Range | 48.80 - 89.50 |
| Beta | 0.59 |
| Analysts | Strong Buy |
| Price Target | 78.73 (+60.09%) |
| Earnings Date | Apr 29, 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 13 analysts, the average rating for PSN stock is "Strong Buy." The 12-month stock price target is $78.73, which is an increase of 60.09% from the latest price.
News
Parsons secures $34M DTRA award
Parsons (PSN) announced that the Defense Threat Reduction Agency has exercised Option Year 3 on the Vulnerability Assessments task order under the agency’s $170M ceiling value Assessments, Exercises, ...
Parsons Secures $34 Million DTRA Award to Continue Nuclear Enterprise Mission Assurance Support
CHANTILLY, Va., May 07, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the Defense Threat Reduction Agency (DTRA) has exercised Option Year 3 on the Vulnerability Assess...
Parsons awarded position on $2B multiple award task order contract by U.S. Army
Parsons (PSN) announced that the company was awarded a position on a $2B multiple award task order contract by the U.S. Army Corps of Engineers to deliver energy resilience and
Parsons Awarded Position on $2B Military Energy Resilience Program
CHANTILLY, Va., May 05, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a position on a $2 billion multiple award task order contract (MATOC) by t...
BofA cuts Parsons target, says growth concerns overdone
BofA lowered the firm’s price target on Parsons (PSN) to $80 from $90 and keeps a Buy rating on the shares. The firm says investors remain concerned about the company’s
Parsons partners with Everywhere Communications for autonomous drone operations
Parsons (PSN) announced a strategic partnership with Everywhere Communications to advance next-generation autonomous drone capabilities under a Small Business Innovation Research, or SBIR, initiative,...
EVERYWHERE Communications Partners with Parsons to Enable Resilient, Beyond-Line-of-Sight Autonomous Drone Operations Under SBIR Initiative
ANNAPOLIS, Md., May 4, 2026 /PRNewswire/ -- EVERYWHERE Communications today announced a strategic partnership with Parsons Corporation (NYSE: PSN) to advance next-generation autonomous drone capabilit...
Parsons selected for Dubai Loop underground transportation project
Parsons (PSN) has been awarded a contract by The Boring Company, or TBC, to provide professional services in support of the Dubai Loop project, an underground transportation initiative being developed
Parsons Awarded Contract To Support The Boring Company's Innovative Dubai Loop Program
CHANTILLY, Va., May 04, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded a contract by The Boring Company (TBC) to provide professional services in support of the Dubai Loop p...
Parsons price target lowered to $55 from $65 at Jefferies
Jefferies analyst Sheila Kahyaoglu lowered the firm’s price target on Parsons (PSN) to $55 from $65 and keeps a Hold rating on the shares. The firm updated the company’s model
Parsons price target lowered to $79 from $89 at Stifel
Stifel lowered the firm’s price target on Parsons (PSN) to $79 from $89 and keeps a Buy rating on the shares.
Parsons price target lowered to $65 from $70 at Citi
Citi lowered the firm’s price target on Parsons (PSN) to $65 from $70 and keeps a Buy rating on the shares.
Parsons price target lowered to $58 from $60 at Baird
Baird lowered the firm’s price target on Parsons (PSN) to $58 from $60 and keeps a Neutral rating on the shares. The firm updated its model following Q1 results where
Parsons Earnings Call Transcript: Q1 2026
Achieved record Q1 adjusted EBITDA margin, strong revenue growth, and robust backlog, driven by strategic contract wins and acquisitions. Middle East operations remained resilient, and 2026 guidance was reaffirmed, with both segments expected to ramp in the second half.
Parsons reports Q1 adjusted EPS 79c, consensus 68c
Reports Q1 revenue $1.5B, consensus $1.5B. “Our first quarter results highlighted the resilience of our business and our team’s high level of execution, as we delivered our highest adjusted EBITDA
Parsons backs FY26 revenue view $6.5B-$6.8B, consensus $6.66B
Backs FY26 adjusted EBITDA view $615M-$675M.
Parsons Reports First Quarter 2026 Results
Q1 2026 Financial Highlights Q1 revenue of $1.5 billion decreased 4% year-over-year and 8% on an organic basis Revenue growth of 8% excluding confidential contract; 3% on an organic basis Net income ...
Parsons Marks Groundbreaking of SR 400 Express Lanes Project in Georgia
CHANTILLY, Va., April 27, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) joined the Georgia Department of Transportation (GDOT), the State Road and Tollway Authority (SRTA), project partners...
Parsons price target raised to $85 from $75 at Truist
Truist raised the firm’s price target on Parsons (PSN) to $85 from $75 and keeps a Buy rating on the shares as part of a broader research note previewing Q1
Parsons Demand Response Technology to Optimize and Enable Los Angeles Department of Water & Power's Operations and Strategic Plan
CHANTILLY, Va., April 20, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company has been selected by the Los Angeles Department of Water & Power (LADWP) to provide ...
Parsons’ JV with GSIA awarded $25M U.S. Coast Guard contract
Parsons’s (PSN) joint venture, or JV, with GSI Americas, or GSIA, was awarded a $25M contract by the U.S. Coast Guard, or USCG, for program management services. This new work
GSIA-Parsons Joint Venture Awarded $25 Million US Coast Guard Program Management Contract
CHANTILLY, Va., April 15, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company's joint venture (JV) with GSI Americas Inc. (GSIA) was awarded a $25 million contrac...
KeyBanc downgrades Parsons on lack of 2026 guidance upside
KeyBanc last night downgraded Parsons (PSN) to Sector Weight from Overweight without a price target The company is unlikely to upgrade its 2026 revenue growth outlook beyond 6%, the analyst
Parsons downgraded to Sector Weight from Overweight at KeyBanc
KeyBanc downgraded Parsons (PSN) to Sector Weight from Overweight.
Parsons Transcript: AGM 2026
The meeting covered strong 2025 financial results, strategic acquisitions, and expansion plans in digital and infrastructure sectors. All voting items passed, and leadership addressed stockholder concerns about stock price and external challenges, reaffirming long-term growth strategy.