Is It Too Late to Buy Parsons Corp (PSN) After 3.7% Rally? GF Value Says Undervalued
On May 22, 2026, Parsons Corp (PSN) shares rose 3.7% today, bringing the current price to $53.71. The stock has traded within a 52-week range of $48.23 to $89.5
PSN - Parsons Corporation
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$86.80
DETAILS
HIGH:
$104.00
LOW:
$78.00
MEDIAN:
$82.00
CONSENSUS:
$86.80
UPSIDE:
61.61%
Stock News
A Record Backlog and Rising Margins Haven't Stopped Parsons' Nearly 40% Slide
This engineering firm's stock is getting cheaper even though its business is getting more profitable.
Parsons Celebrates the Opening of D Line Subway Extension Section 1
CHANTILLY, Va., May 19, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the Los Angeles County Transportation Authority (Metro) has opened the D Line Subway Extension Section 1 project.
This AI Stock Keeps Winning Contracts Its Competitors Can't Even Bid On
Parsons may be one of the most overlooked ways to invest in artificial intelligence (AI) because its biggest opportunities happen behind classified doors, not in public headlines.
Is Parsons Corp (PSN) a Bargain After 4.5% Drop? GF Value Says Undervalued
On May 13, 2026, Parsons Corp (PSN) shares experienced a decline of 4.5%, bringing the current price to $50.34. This drop contributes to a challenging performan
Parsons Corporation (PSN) Presents at Bank of America 33rd Annual Industrials, Transportation and Airlines Key Leaders Conference Transcript
Parsons Corporation (PSN) Presents at Bank of America 33rd Annual Industrials, Transportation and Airlines Key Leaders Conference Transcript
Parsons Awarded Position on $136 Million Air Force Contract
CHANTILLY, Va., May 12, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was selected by the United States Air Force (USAF) and its 75th Civil Engineer Group at Hill Air Force Base for a multiple award task order contract (MATOC) to provide architect-engineer services across the installation.
Parsons to Present at the Bank of America 2026 Industrials, Transportation & Airlines Key Leaders Conference
CHANTILLY, Va., May 11, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that Carey Smith, chair, president, and chief executive officer, and Matt Ofilos, chief financial officer, will participate in a fireside chat question and answer session at the Bank of America 2026 Industrials, Transportation & Airlines Key Leaders Conference on Wednesday, May 13, 2026, at approximately 2:55 p.m. Eastern Time.
Artisan Small Cap Fund Q1 2026 Portfolio Activity
During the quarter, we initiated new Garden positions in Onto Innovation, Baldwin Group and Freshpet. In addition to Compass, we added to our positions in Ollie's Bargain Outlet and Flowserve during the quarter. We ended our investment campaigns in Penumbra, JBT Marel and Parsons during the quarter.
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 Assessments task order under the agency's $170 million ceiling value Assessments, Exercises, Modeling and Simulation Support (AEMSS) IDIQ. The option year has a value of $34 million, with a one-year performance period. Originally awarded in 2023, DTRA has now exercised three of the four option years available on the IDIQ.
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 the U. S. Army Corps of Engineers (USACE) to deliver energy resilience and infrastructure modernization projects at military installations nationwide.
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 the U.S. Army Corps of Engineers (USACE) to deliver energy resilience and infrastructure modernization projects at military installations nationwide. The contract supporting the Department of War (DoW) Energy Resilience and Conservation Investment Program (ERCIP) has a three-year base performance period and seven one-year option periods. This award represents new work for the company.
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 capabilities under a Small Business Innovation Research (SBIR) initiative, focused on enabling reliable operations in disconnected and austere environments.
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 project, an underground transportation initiative being developed in Dubai, United Arab Emirates. This 9-month contract represents new work for Parsons.
Parsons Corporation (PSN) Q1 2026 Earnings Call Transcript
Parsons Corporation (PSN) Q1 2026 Earnings Call Transcript
Parsons (PSN) Surpasses Q1 Earnings Estimates
Parsons (PSN) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.7 per share. This compares to earnings of $0.78 per share a year ago.
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 of $53 million decreased $13 million year-over-year Adjusted EBITDA increased 1% to $151 million, a Q1 record Adjusted EBITDA margin expanded 50 basis points to a record 10.1% Cash flow used in operating activities of $4 million, a Q1 record Book-to-bill ratio of 1.4x in both segments extends company streak of TTM book-to-bill ratio of 1.0x or greater in every quarter since IPO Total and funded backlog increased to a record $9.3 billion and $6.6 billion, respectively Reiterating fiscal year 2026 guidance ranges CHANTILLY, Va., April 29, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) today announced financial results for the first quarter ended March 31, 2026.
V2X (VVX) Reports Next Week: Wall Street Expects Earnings Growth
V2X (VVX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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, and community leaders to mark the groundbreaking of the State Route 400 (SR 400) Express Lanes Project on April 22.
Parsons (PSN) Projected to Post Earnings on Wednesday
Parsons (NYSE: PSN - Get Free Report) will likely be posting its Q1 2026 results before the market opens on Wednesday, April 29th. Analysts expect Parsons to post earnings of $0.70 per share and revenue of $1.5072 billion for the quarter. Individuals may visit the the company's upcoming Q1 2026 earning results page for the latest
Price Targets
Parsons price target raised to $78 from $70 at Barclays
$78.00
(was $72.67)
Barclays
Parsons Corp. (PSN) PT Raised to $80 at KeyBanc
$80.00
(was $71.59)
Sangita Jain
·
KeyBanc
Parsons price target lowered to $104 from $107 at UBS
$104.00
(was $71.32)
Gavin Parsons
·
UBS
Parsons price target lowered to $76 from $81 at KeyBanc
$76.00
(was $65.89)
KeyBanc
Parsons initiated with an Overweight at Barclays
$70.00
(was $60.55)
Barclays
Parsons price target lowered to $82 from $100 at Baird
$82.00
(was $66.65)
Andrew Wittmann
·
Robert W. Baird
Parsons Corp. (PSN) PT Lowered to $90 at Truist Securities
$90.00
(was $63.31)
Tobey Sommer
·
Truist Financial
UBS Starts Parsons Corp. (PSN) at Buy
$107.00
(was $82.62)
Gavin Parsons
·
UBS
Parsons Corp. (PSN) PT Raised to $93 at KeyBanc
$93.00
(was $84.27)
Sangita Jain
·
KeyBanc
Parsons upgraded to Outperform from Neutral at Baird
$92.00
(was $75.92)
Andrew Wittmann
·
Robert W. Baird
Parsons upgraded to Strong Buy from Market Perform at Raymond James
$90.00
(was $74.34)
Strong Buy
·
Raymond James
Parsons price target lowered to $102 from $122 at KeyBanc
$102.00
(was $90.54)
Sangita Jain
·
KeyBanc
Parsons price target raised to $125 from $103 at Baird
$125.00
(was $110.00)
Andrew Wittmann
·
Robert W. Baird
Parsons Corp. (PSN) PT Raised to $130 at Truist Securities
$130.00
(was $110.00)
Tobey Sommer
·
Truist Financial
Parsons downgraded to Outperform from Strong Buy at Raymond James
$115.00
(was $107.42)
Brian Gesuale
·
Raymond James
Parsons price target raised to $116 from $99 at KeyBanc
$116.00
(was $106.09)
Sangita Jain
·
KeyBanc
Parsons Corp. (PSN) PT Raised to $97 at Stifel
$97.00
(was $79.49)
Bert Subin
·
Stifel Nicolaus
Raymond James Upgrades Parsons Corp. (PSN) to Strong Buy
$95.00
(was $77.63)
Brian Gesuale
·
Raymond James
Parsons Corp. (PSN) PT Raised to $90 at KeyBanc
$90.00
(was $77.80)
Sangita Jain
·
KeyBanc
Parsons price target raised to $100 from $84 at Truist
$100.00
(was $83.69)
Tobey Sommer
·
Truist Financial