Parsons Corporation (PSN)

NYSE: PSN · Real-Time Price · USD
81.85
+1.84 (2.30%)
At close: Aug 13, 2025, 4:00 PM
81.01
-0.84 (-1.03%)
After-hours: Aug 13, 2025, 7:28 PM EDT
2.30%
Market Cap 8.74B
Revenue (ttm) 6.68B
Net Income (ttm) 247.56M
Shares Out 106.79M
EPS (ttm) 2.23
PE Ratio 36.75
Forward PE 24.65
Dividend n/a
Ex-Dividend Date n/a
Volume 1,219,998
Open 79.87
Previous Close 80.01
Day's Range 79.74 - 82.14
52-Week Range 54.56 - 114.68
Beta 0.58
Analysts Strong Buy
Price Target 88.18 (+7.73%)
Earnings Date Aug 6, 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 target is $88.18, which is an increase of 7.73% from the latest price.

Price Target
$88.18
(7.73% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

FTSE 100 Housebuilder Persimmon Drops 3% As Revenues And Profits Rise

Shares in FTSE 100-listed Persimmon dropped on Wednesday despite announcing a first-half uptick in sales and profits.

20 hours ago - Forbes

Parsons Awarded C5ISR Radar Contract by Army DEVCOM

CHANTILLY, Va., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded a $30 million recompete contract by U.S. Army DEVCOM's (Combat Capabilities Development Command) C5IS...

2 days ago - GlobeNewsWire

Top FTSE 100 shares to watch: Persimmon, Antofagasta, Beazley, Entain

The FTSE 100 Index pulled back this week as many British companies like Intercontinental Hotels, Legal & General, BP, and Flutter Entertainment published their earnings.  The Footsie Index also reacte...

6 days ago - Invezz

Parsons Corporation (PSN) Q2 2025 Earnings Call Transcript

Parsons Corporation (NYSE:PSN) Q2 2025 Earnings Conference Call August 6, 2025 8:00 AM ET Company Participants Carey A. Smith - President, CEO & Chairwoman David Spille - Senior Vice President of Inv...

7 days ago - Seeking Alpha

Parsons Reports Strong Second Quarter 2025 Results

Q2 2025 Financial Highlights Q2 revenue of $1.6 billion decreased 5% year-over-year and 9% on an organic basis Revenue growth of 13% excluding confidential contract; 8% on an organic basis Q2 net inco...

7 days ago - GlobeNewsWire

Parsons and Globalstar Pave Way for Commercial Satellite Solutions after Completing Successful Proof of Concept

COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, and Parsons Corporation, a global leader in national security a...

Other symbols: GSAT
8 days ago - Business Wire

Parsons-Versar Joint Venture Awarded $75 Million U.S. Army Corps of Engineers Construction Management Contract

CHANTILLY, Va., July 24, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company's joint venture (JV) with Versar was awarded a $75 million single award delivery orde...

20 days ago - GlobeNewsWire

Parsons Corporation Launches BlueFly™

A Game-Changing Search and Rescue Tool Revolutionizing Emergency Response Operations A Game-Changing Search and Rescue Tool Revolutionizing Emergency Response Operations

23 days ago - GlobeNewsWire

Parsons Wins ACEC New York Diamond Award for Brooklyn Bridge Rehabilitation Project

CHANTILLY, Va., July 17, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is proud to announce that its leadership as prime design consultant on the Brooklyn Bridge Rehabilitation Project has ...

27 days ago - GlobeNewsWire

SealingTech Launches Its Largest Storage-Focused High-Performance Server

COLUMBIA, Md. , July 16, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE: PSN), and leading defensive cyber operations solution provider, has developed a n...

4 weeks ago - PRNewsWire

Parsons Celebrates Infrastructure Excellence in Missouri with Award on I-270 Project

CHANTILLY, Va., July 10, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is proud to announce that its role as lead designer for the I-270 North Design-Build Project has been honored with the...

4 weeks ago - GlobeNewsWire

SealingTech Boosts Production of DoD Cyber Hunt Kits with NCS Technologies

New agreement enables 5x production increase to support growing defense demand COLUMBIA, Md. , July 9, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE: PSN...

5 weeks ago - PRNewsWire

Top 2 Industrials Stocks You May Want To Dump This Quarter

As of July 8, 2025, two stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: SYM
5 weeks ago - Benzinga

Dubai's RTA Selects Parsons As Project Management Consultant For Dubai Metro Blue Line Project

CHANTILLY, Va., July 08, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company has been appointed as the Project Management Consultant on the Dubai Metro Blue Line ...

5 weeks ago - GlobeNewsWire

Parsons to Announce Second Quarter 2025 Financial Results on August 6, 2025

CHANTILLY, Va., July 03, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will release second quarter 2025 financial results before the markets open on Wednesday, August 6, 2025. The company w...

5 weeks ago - GlobeNewsWire

Parsons Acquires Chesapeake Technologies International

Acquisition bolsters Parsons' electromagnetic warfare and all-domain solutions for the U.S. defense market Acquisition bolsters Parsons' electromagnetic warfare and all-domain solutions for the U.S. d...

6 weeks ago - GlobeNewsWire

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...

7 weeks 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...

7 weeks 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...

7 weeks 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...

2 months 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...

2 months 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...

2 months 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 ...

2 months 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...

2 months 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 & ...

2 months ago - GlobeNewsWire