Parsons Corporation (PSN)

NYSE: PSN · Real-Time Price · USD
70.57
-0.68 (-0.95%)
At close: Jun 27, 2025, 4:00 PM
70.57
0.00 (0.00%)
After-hours: Jun 27, 2025, 5:12 PM EDT
-0.95%
Market Cap 7.54B
Revenue (ttm) 6.77B
Net Income (ttm) 261.51M
Shares Out 106.87M
EPS (ttm) 2.35
PE Ratio 30.02
Forward PE 21.86
Dividend n/a
Ex-Dividend Date n/a
Volume 1,619,946
Open 71.00
Previous Close 71.25
Day's Range 70.13 - 71.68
52-Week Range 54.56 - 114.68
Beta 0.53
Analysts Strong Buy
Price Target 83.50 (+18.32%)
Earnings Date Jul 30, 2025

About PSN

Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. It operates through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment offers critical technologies, such as cyber; missile defense; intelligence; electronic warfare; space ground systems; space and weapon system resiliency; geospatial and signals intelligence; environmental remediation; border security and critical infrastructu... [Read more]

Sector Technology
IPO Date May 8, 2019
Employees 19,600
Stock Exchange NYSE
Ticker Symbol PSN
Full Company Profile

Financial Performance

In 2024, Parsons's revenue was $6.75 billion, an increase of 24.03% compared to the previous year's $5.44 billion. Earnings were $235.05 million, an increase of 45.86%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for PSN stock is "Strong Buy." The 12-month stock price forecast is $83.5, which is an increase of 18.32% from the latest price.

Price Target
$83.5
(18.32% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Parsons Corporation is Ready Now to Build America's Brand New, State Of-The-Art Air Traffic Control System

Parsons and IBM join forces to design solutions for a national airspace system with enhanced safety and efficiency Parsons and IBM join forces to design solutions for a national airspace system with e...

3 days ago - GlobeNewsWire

Parsons Named #1 Program Management Firm by Engineering News-Record

Recognition is underpinned by Parsons' focus on innovation, collaboration, program delivery, and accountability to its clients Recognition is underpinned by Parsons' focus on innovation, collaboration...

4 days ago - GlobeNewsWire

Parsons Awarded $137M Defense Threat Reduction Agency Task Order For Cyber Operations

CHANTILLY, Va., June 19, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a $137 million ceiling value contract by the Defense Threat Reduction Age...

8 days ago - GlobeNewsWire

Parsons Grows U.S. Army Organic Industrial Base Modernization Portfolio with $169.5 Million Award

CHANTILLY, Va., June 16, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a $169.5 million single award contract by the United States Army Corps of...

11 days ago - GlobeNewsWire

Parsons Celebrates the Completion of 9.1-Mile Light Rail Segment

CHANTILLY, Va., June 12, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) celebrated two station dedications on the new Foothill Gold Line light rail segment between Glendora and Pomona in Sou...

15 days ago - GlobeNewsWire

Parsons Awarded Air Base Air Defense Early Warning Capability Task Order

CHANTILLY, Va., June 10, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded a $94.5 million ceiling value task order under the Air Base Air Defense (ABAD) indefinite delivery, i...

17 days ago - GlobeNewsWire

Parsons Receives 2025 Engineering Excellence Honor Award for Deer Creek Sanitary Tunnel and Pump Station Project

CHANTILLY, Va., June 05, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is proud to announce that the American Council of Engineering Companies (ACEC) at the national Engineering Excellence ...

22 days ago - GlobeNewsWire

Parsons Selected for the Austin-Bergstrom International Airport Program Management Contract

CHANTILLY, Va., June 03, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was one of seven lead consultants selected by the City of Austin to provide program m...

24 days ago - GlobeNewsWire

Parsons to Present at Baird's 2025 Global Consumer, Technology & Services Conference

CHANTILLY, Va., May 30, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) chair, president, and chief executive officer, Carey Smith, will present at Baird's 2025 Global Consumer, Technology & ...

4 weeks ago - GlobeNewsWire

Parsons Celebrates Engineering Excellence Award and Ribbon Cutting for I-80/Gilman Street Interchange Project

CHANTILLY, Va., May 29, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) proudly announced the official completion of the I-80/Gilman Street Interchange Improvement Project in Berkeley, Califo...

4 weeks ago - GlobeNewsWire

Parsons to Present at the William Blair 45th Annual Growth Stock Conference

CHANTILLY, Va., May 28, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) chair, president, and chief executive officer, Carey Smith, will present at the William Blair 45th Annual Growth Stock ...

4 weeks ago - GlobeNewsWire

Parsons: Share Price Sluggish, Although Earnings Grow Briskly

Parsons has maintained strong net income and earnings growth, with a $9B+ backlog and successful acquisitions, despite sagging share prices over the past 6 months. Critical Infrastructure is driving g...

4 weeks ago - Seeking Alpha

Parsons' Portfolio, Experience, and Strength as a Global Infrastructure Leader Shines as U.S. President Visits Middle East

Visits to Parsons' three major countries in the Middle East and leadership engagements with the President and the Delegation highlight the company's regional strengths and alignment with Administratio...

6 weeks ago - GlobeNewsWire

Parsons Selected As Delivery Partner For King Salman International Airport

CHANTILLY, Va., May 13, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today, on the sidelines of the Saudi-US Investment Forum in Riyadh, that the company has been awarded two Del...

6 weeks ago - GlobeNewsWire

SealingTech Introduces Critical Infrastructure Protection and Enterprise Networks Solution

COLUMBIA, Md. , May 5, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE: PSN), and leading defensive cyber operations solution provider for US national secu...

7 weeks ago - PRNewsWire

Parsons To Showcase Innovative All-Domain Technology Solutions At Special Operations Forces Week 2025

CHANTILLY, Va., May 02, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will showcase its latest innovations supporting the operational imperatives of United States Special Operations Forces ...

2 months ago - GlobeNewsWire

Parsons Corporation (PSN) Q1 2025 Earnings Call Transcript

Parsons Corporation (NYSE:PSN) Q1 2025 Earnings Conference Call April 30, 2025 8:00 AM ET Company Participants David Spille - SVP, IR Carey Smith - Chair, President & CEO Matt Ofilos - CFO Conference...

2 months ago - Seeking Alpha

Parsons Reports Record First Quarter 2025 Results

Q1 2025 Financial Highlights Record Q1 revenue of $1.6 billion increases 1% year-over-year; decreases 2% on an organic basis 11% revenue growth excluding confidential contract; increases 7% on an orga...

2 months ago - GlobeNewsWire

King Salman Park Foundation Selects Parsons for Project Management Office Services

CHANTILLY, Va., April 23, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it has been awarded a contract for Project Management Office (PMO) services by the King Salman P...

2 months ago - GlobeNewsWire

Parsons Selected for Southwest Florida International Airport Terminal Expansion

CHANTILLY, Va., April 16, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today it was selected by the Lee County Port Authority to provide project management services for Phase 1 o...

2 months ago - GlobeNewsWire

SealingTech Advances Customers' Missions with Next-Gen Defensive Cyber Solutions

COLUMBIA, Md. , April 15, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE: PSN), and leading defensive cyber operations solution provider for U.S. national...

2 months ago - PRNewsWire

Parsons Wins Seat on $1.5 Billion Air Force Civil Engineering Center Environmental Services Contract Addressing PFAS

CHANTILLY, Va., April 14, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a seat on a $1.5 billion indefinite-delivery, indefinite-quantity multip...

2 months ago - GlobeNewsWire

Parsons Awarded $24 Million Naval Medical Research Command Biodefense Contract

CHANTILLY, Va., April 07, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a biological defense research contract to advance the Naval Medical Rese...

2 months ago - GlobeNewsWire

Parsons to Announce First Quarter 2025 Financial Results on April 30, 2025

CHANTILLY, Va., April 03, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will release first quarter 2025 financial results before the markets open on Wednesday, April 30, 2025. The company w...

3 months ago - GlobeNewsWire

Parsons Selected for PFAS Investigation and Remedy Development at Tucson International Airport

CHANTILLY, Va., April 02, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced that the company was selected by Tucson Airport Authority (TAA), operator of Tucson International Airport (...

3 months ago - GlobeNewsWire