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Parsons Corp (PSN)
NYSE:PSN
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Parsons (PSN) Price & Analysis

681 Followers

PSN Stock Chart & Stats

$58.73
$0.95(1.62%)
At close: 4:00 PM EDT
$58.73
$0.95(1.62%)

Bulls Say, Bears Say

Bulls Say
Backlog VisibilityStrong bookings and a large funded backlog provide multi-quarter revenue visibility. Sustained demand across Federal Solutions and Critical Infrastructure can support workload conversion and reduce reliance on isolated contract awards.
AI And Technology DifferentiationGrowing AI-enabled products and cyber capabilities can improve Parsons’ competitive position in technically complex government work. Product expansion may also support larger awards and better margins than labor-only services.
Strategic Government DemandParticipation in a long-duration Space Force contracting vehicle expands access to a strategically important market. It aligns Parsons with recurring modernization needs in space test, training, and ground-system integration.
Bears Say
Revenue And Earnings ContractionRecent revenue and earnings declines indicate weaker volume or cost absorption after several years of expansion. If the contraction persists, it could limit operating leverage and make backlog conversion less profitable.
Reduced Financial OutlookLower guidance reflects federal funding and protest delays, infrastructure timing, divestitures, and significant contract charges. These factors reduce near-term earnings visibility and show that execution and procurement timing remain material risks.
Cash Flow And Execution RiskSolid cash conversion is being pressured by working capital, slower collections, and inventory investment. Residual legacy JV exposure and recent contract losses also highlight execution risks that could continue affecting cash generation.

Parsons News

PSN FAQ

What was Parsons Corp’s price range in the past 12 months?
Parsons Corp lowest stock price was $36.26 and its highest was $89.50 in the past 12 months.
    What is Parsons Corp’s market cap?
    Parsons Corp’s market cap is $5.03B.
      When is Parsons Corp’s upcoming earnings report date?
      Parsons Corp’s upcoming earnings report date is Nov 04, 2026 which is in 75 days.
        How were Parsons Corp’s earnings last quarter?
        Parsons Corp released its earnings results on Jul 29, 2026. The company reported -$0.06 earnings per share for the quarter, missing the consensus estimate of $0.756 by -$0.816.
          Is Parsons Corp overvalued?
          According to Wall Street analysts Parsons Corp’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Parsons Corp pay dividends?
            Parsons Corp does not currently pay dividends.
            What is Parsons Corp’s EPS estimate?
            Parsons Corp’s EPS estimate is 0.78.
              How many shares outstanding does Parsons Corp have?
              Parsons Corp has 106,805,400 shares outstanding.
                What happened to Parsons Corp’s price movement after its last earnings report?
                Parsons Corp reported an EPS of -$0.06 in its last earnings report, missing expectations of $0.756. Following the earnings report the stock price went down -34.999%.
                  Which hedge fund is a major shareholder of Parsons Corp?
                  Currently, no hedge funds are holding shares in PSN
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Parsons Corp

                    Parsons Corporation is a global provider of comprehensive solutions and services, primarily operating in the defense, intelligence, and critical infrastructure sectors. Its reach extends across North America, the Middle East, and other international regions. The company organizes its operations into two main divisions: Federal Solutions and Critical Infrastructure. Within its Federal Solutions segment, Parsons delivers advanced cybersecurity and intelligence capabilities. This includes developing and deploying offensive and defensive cyber platforms, tools, and operational support for clients like the U.S. Department of Defense and the wider U.S. intelligence community. It also specializes in space and geospatial technologies, offering expertise in areas such as geospatial intelligence, threat assessment, space situational awareness, small satellite deployment and integration, ground control systems, flight dynamics, and command and control solutions. Key beneficiaries of these services include the National Geospatial-Intelligence Agency, the National Reconnaissance Office, and various branches of the U.S. DoD. Furthermore, Parsons provides sophisticated missile defense and C5ISR (Command, Control, Computers, Communications, Cyber, Intelligence, Surveillance, and Reconnaissance) solutions, encompassing integrated air and missile defense, data fusion, analytics, platform system integration, directed energy, joint all-domain operations, and command and control systems, serving entities like the Defense Intelligence Agency and the DoD. The company's technology services in this segment also cover critical infrastructure components such as energy production, aviation, healthcare, bio-surveillance, and environmental systems, alongside associated infrastructure. This extends to specialized areas like nuclear waste processing, WMD elimination, program/project management, infectious disease analytics, and data protection. The Critical Infrastructure segment focuses on enhancing urban and public systems. Offerings here include intelligent transportation system management, aviation, rail, and transit system solutions, smart city software development, and robust cybersecurity for critical infrastructure assets. These services are provided to transportation authorities and rail/transit operators. Parsons also delivers essential engineering, program management, and environmental solutions to private industrial clients and public utility providers. Established in 1944, Parsons Corporation maintains its headquarters in Centreville, Virginia.

                    Parsons (PSN) Earnings & Revenues

                    PSN Company Deck

                    PSN Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call conveyed strong underlying demand and operational momentum—marked by robust bookings (24% YoY), a solid backlog ($9.3B, 71% funded), margin expansion (normalized adjusted EBITDA margin 10.1%, Critical Infrastructure margin 11.9%) and sizable strategic contract wins and AI-enabled product traction. Offsetting these positives were meaningful one-time charges totaling $118M (a $77M remote contract loss and a $41M weather-related JV charge), a $300M reduction in revenue guidance (with adjusted EBITDA and operating cash flow lowered), federal timing/protest-driven delays, and some working capital pressure. Management characterized the charges as portfolio-shaping, strategic, and largely nonrecurring while reaffirming confidence in the core business and future growth; overall, the highlights and durable demand signals outweigh the transitory and one-time setbacks.View all PSN earnings summaries

                    PSN Stock 12 Month Forecast

                    Average Price Target

                    $59.00
                    ▲(0.46% Upside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 17,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 9, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":80.66,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":85.24,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n           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16,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":61.8,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 23,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":68.34,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 28,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n     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","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":50.87,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 15,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 7, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":60.66,"date":1780272000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 16,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 7, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      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                    Ownership Overview

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