Parsons
About: Parsons Corp is a provider of technology-driven solutions in the defense, intelligence, and critical infrastructure markets. The business activities of the group are carried out through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment is a high-end service and technology provider to the U.S. government, delivering timely, cost-effective solutions for mission-critical projects, whereas the Critical Infrastructure segment provides integrated design and engineering services for complex physical and digital infrastructure around the globe.
Employees: 19,600
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
369% more call options, than puts
Call options by funds: $194M | Put options by funds: $41.5M
100% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 4 (+2) [Q1 2025]
18% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 111
0.31% more ownership
Funds ownership: 100.05% [Q4 2024] → 100.36% (+0.31%) [Q1 2025]
18% less funds holding
Funds holding: 425 [Q4 2024] → 348 (-77) [Q1 2025]
35% less capital invested
Capital invested by funds: $9.8B [Q4 2024] → $6.35B (-$3.45B) [Q1 2025]
55% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 129
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$65
7%
downside
Avg. target
$77
10%
upside
High target
$95
36%
upside
6 analyst ratings
4 positive
67%
2 neutral
33%
0 negative
0%
Goldman Sachs Noah Poponak | 15%upside $80 | Buy Maintained | 4 Jun 2025 |
B of A Securities Ronald Epstein | 36%upside $95 | Buy Maintained | 3 Jun 2025 |
Jefferies Sheila Kahyaoglu | 7%downside $65 | Hold Downgraded | 5 May 2025 |
Truist Securities Tobey Sommer | 15%upside $80 | Buy Reiterated | 1 May 2025 |
Baird Andrew Wittmann | 1%downside $69 | Neutral Downgraded | 1 May 2025 |
Financial journalist opinion
Based on 9 articles about PSN published over the past 30 days
Neutral
GlobeNewsWire
3 days ago
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 Southern California's San Gabriel Valley. The 9.1-mile segment achieved substantial completion in January, and the project has been turned over to the Los Angeles County Metropolitan Transportation Authority (Metro) for final testing, training, and preparation for passenger service, which is anticipated to begin later this year. Once operational, the new extension will be renamed, as it will be part of the 48.5-mile Metro A Line system - the longest light rail line in the country, that will carry passengers between Long Beach and Pomona.
Neutral
GlobeNewsWire
5 days ago
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, indefinite quantity contract. The task order represents new work for the company, and includes a 12-month base year performance period and two 12-month option periods to deliver separable lines of effort related to the integration, test, fielding, and sustainment of command-and-control and early warning capabilities throughout the U.S. Air Forces in Europe and Air Forces in Africa area of operations.
Neutral
GlobeNewsWire
1 week ago
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 Awards (EEA) has awarded the Deer Creek Sanitary Tunnel and Pump Station project a 2025 Honor Award in the Water and Wastewater category. This prestigious recognition highlights Parsons' commitment to delivering transformative engineering solutions that address contemporary challenges and promote a sustainable future.
Neutral
GlobeNewsWire
1 week ago
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 management services in support of the Rolling Capital Improvement Program and the once-in-a-generation Journey With AUS, the expansion and development program for the Austin-Bergstrom International Airport (AUS).
Neutral
GlobeNewsWire
2 weeks ago
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 & Services Conference on Wednesday, June 4, 2025, at approximately 2:35 p.m. Eastern Time.
Neutral
GlobeNewsWire
2 weeks ago
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, California, celebrated during a ribbon-cutting ceremony held on April 28. Hosted by the Alameda County Transportation Commission and the California Department of Transportation, the event marked a significant milestone in delivering long-awaited mobility improvements to the East Bay.
Neutral
GlobeNewsWire
2 weeks ago
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 Conference on Tuesday, June 3, 2025, at approximately 11:20 a.m. Central Time.
Negative
Seeking Alpha
2 weeks ago
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 growth, offsetting Federal Solutions weakness, and the company is executing well on both organic and acquired growth strategies. Shares are fairly valued after a 31% drop, but I expect a 9% price increase over the next year, rating Parsons a Buy.
Neutral
GlobeNewsWire
4 weeks ago
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 Administration priorities 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 Administration priorities
Positive
The Motley Fool
1 month ago
Why Parsons Stock Was a Winner on Wednesday
Investors were playing offense with defense stock Parsons (PSN 2.40%) on Hump Day. They were drawn to the company because of a lucrative deal it's signed in the Middle East, and ultimately pushed its stock more than 2% higher in value that day.
Charts implemented using Lightweight Charts™