Crude Oil Prices Rise; Domo Stock Takes a Dive
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 05 2025
0mins
Source: Benzinga
U.S. Stock Market Performance: U.S. stocks saw gains, with the Dow up 0.17%, Nasdaq rising 0.2%, and S&P 500 increasing by 0.15% on Friday. Communication services led the sectors with a 0.9% increase, while utilities fell by 0.6%.
Notable Stock Movements: Praxis Precision Medicines surged 31% after FDA alignment, DigitalBridge Group rose 32% amid acquisition talks, and Rubrik Inc gained 23% following strong financial results. Conversely, Parsons Corp dropped 25% after losing a bid, and Domo Inc fell 23% due to disappointing guidance.
Economic Indicators: The U.S. PCE price index rose 0.3% month-over-month in September, aligning with market expectations. Personal income and spending also increased by 0.4% and 0.3%, respectively.
Global Market Trends: European shares mostly declined, with the STOXX 600 down 0.01%, while Asian markets closed higher, led by gains in Hong Kong and China, despite Japan's Nikkei falling 1.05%.
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Analyst Views on PSN
Wall Street analysts forecast PSN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PSN is 84.00 USD with a low forecast of 70.00 USD and a high forecast of 107.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
10 Buy
4 Hold
0 Sell
Moderate Buy
Current: 71.710
Low
70.00
Averages
84.00
High
107.00
Current: 71.710
Low
70.00
Averages
84.00
High
107.00
About PSN
Parsons Corporation is a disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Its Federal Solutions segment provides advanced technical solutions to the United States government. This segment provides advanced technologies, supporting national security missions in cyber operations, missile defense, and military facility modernization, logistics support, hazardous material remediation and engineering services. Its Critical Infrastructure segment offers integrated engineering and management services for complex physical and digital infrastructure around the globe. This segment is a technology innovator focused on next-generation digital systems and complex structures. It also develops advanced, warfighter-focused solutions for military and security applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Parsons Secures $593M FAA Contract Extension
- Contract Extension: Parsons has been awarded a $593 million extension under the FAA's Technical Support Services Contract 5 (TSSC 5), highlighting the company's ongoing influence in the aviation sector.
- Total Contract Value: TSSC 5 has a ceiling value of $1.8 billion, with a four-year base period and two three-year option periods; this extension exercises the first option period, ensuring service through 2030.
- Support for Investment Plans: This contract extension will support the FAA's Aviation System Capital Investment Plan (CIP), aiding in the modernization and safety of U.S. aviation infrastructure, thereby reinforcing Parsons' position in the government contracting market.
- Market Outlook: Through this contract, Parsons not only strengthens its partnership with the FAA but also lays the groundwork for future projects and investment opportunities, which is expected to drive long-term growth in the aviation sector.
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