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PSN Overview

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ET
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Intellectia

Loading chart...

High
59.810
Open
59.150
VWAP
58.98
Vol
1.86M
Mkt Cap
6.35B
Low
58.400
Amount
109.61M
EV/EBITDA(TTM)
12.95
Total Shares
107.01M
EV
7.25B
EV/OCF(TTM)
15.17
P/S(TTM)
1.02
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.
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Events Timeline

(ET)
2026-02-18
09:20:00
Parsons Corporation Secures $500 Million Contract from U.S. Cyber Command
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2026-02-11 (ET)
2026-02-11
06:40:00
Sees FY26 Adjusted EBITDA of $615M-$675M
select
2026-02-11
06:40:00
Q4 Revenue at $1.60B, Below Consensus
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2026-02-10 (ET)
2026-02-10
06:50:00
Parsons Awarded $125M Contract to Support U.S. Army
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2026-02-09 (ET)
2026-02-09
16:10:00
Parsons Corporation Secures $91M Contract Extension
select

News

Newsfilter
7.5
03-10Newsfilter
Microgravity Research Market Surpasses $4 Billion
  • Market Acceleration: The microgravity research market has surpassed $4 billion, with an annual growth rate of 15%, indicating a rapid acceleration in commercial satellite launches that is drawing defense contractors into space infrastructure, highlighting the strategic significance of this sector.
  • Strategic Partnership: Starfighters Space has formed a strategic partnership with Mu-G Technologies to pursue microgravity flight missions for NASA and commercial research clients, combining their expertise to significantly enhance the reliability of microgravity testing and meet increasing market demand.
  • Operational Expansion: Starfighters is expanding its operations at Midland International Air & Space Port by relocating aircraft and equipment to increase mission cadence, supporting its collaboration with the Midland Development Corporation on high-speed corridor initiatives focused on safe supersonic flight, thereby enhancing geographic flexibility in the U.S. Southwest.
  • Defense Contract Approval: AST SpaceMobile has secured a $30 million contract from the U.S. Space Development Agency for a low Earth orbit satellite communications project, validating its commercial space capabilities for national security applications and marking a significant step in the company's integration and development within the defense sector.
PRnewswire
8.5
03-06PRnewswire
Global Space Militarization Market to Reach $63.38 Billion
  • Market Growth Potential: The global space militarization market is projected to reach $63.38 billion by 2026, reflecting accelerated investments by nations in satellite surveillance, orbital defense, and AI-integrated space operations, indicating significant business opportunities in the defense sector.
  • Surge in Counter-Drone Market: The counter-drone market is expected to grow from $6.64 billion in 2025 to $20 billion by 2030, with a compound annual growth rate of 25.1%, highlighting the rapid evolution of threats and the increasing demand for related technologies.
  • Increased Defense Budget: The Department of Defense's FY2026 budget request totals $66.1 billion for IT and cyberspace activities, with $14.3 billion dedicated to cyberspace operations, nearly a billion more than the previous year, underscoring the emphasis on cybersecurity.
  • Acquisition and Collaboration: VisionWave Holdings confirmed its acquisition of a 51% controlling stake in C.M. Composite Materials, an Israeli firm crucial to Israel's multi-layer missile defense architecture, which is expected to enhance VisionWave's competitive position in the defense market.
Newsfilter
8.5
03-06Newsfilter
Global Space Militarization Market to Reach $63.38 Billion
  • Market Growth Surge: The global space militarization market is projected to reach $63.38 billion by 2026, reflecting accelerated investments by nations in satellite surveillance and orbital defense, indicating a significant increase in defense demand.
  • Counter-Drone Market Expansion: The counter-drone market is expected to grow from $6.64 billion in 2025 to $20 billion by 2030, with a compound annual growth rate of 25.1%, highlighting the rapid evolution of responses to emerging threats.
  • Increased Defense Budget: The Department of Defense's FY2026 budget request for IT and cyberspace activities totals $66.1 billion, with $14.3 billion allocated specifically for cyberspace operations, up nearly $1 billion from the previous year, underscoring the emphasis on cybersecurity.
  • Acquisition and Tech Investment: VisionWave Holdings has acquired a 51% controlling stake in C.M. Composite Materials, an Israeli firm crucial to Israel's multi-layer missile defense architecture, further solidifying its market position in the defense sector.
CNBC
7.0
03-04CNBC
Anthropic Designated Supply Chain Risk by Trump Administration
  • Supply Chain Risk Declaration: The Trump administration's designation of Anthropic as a supply chain risk has prompted 10 startups working with the Department of Defense to cease using its Claude model and seek alternatives, potentially impacting about 80% of Anthropic's enterprise revenue.
  • Defense Contract Implications: Major defense contractors like Lockheed Martin are expected to remove Anthropic's technology from their supply chains, which could lead to a decline in Anthropic's market share within the defense sector and adversely affect future revenue growth.
  • Legal Response Possibility: Anthropic has indicated it may appeal the supply chain risk designation through legal channels, although no formal action has been taken yet; if the designation becomes official, it would restrict the use of Claude in defense contracts, potentially affecting its business with other clients.
  • Market Reaction and Alternatives: Several defense tech firms are proactively transitioning their workforce away from Claude to other models, and while Anthropic's product is regarded as excellent, the reliance on it for defense contracts is now under scrutiny, posing challenges for its continued use in sensitive environments.
Fool
8.5
02-27Fool
Bastion Asset Management Acquires Stake in Parsons
  • New Investment Position: Bastion Asset Management disclosed a new position in Parsons by acquiring 128,186 shares in Q4 2025, with an estimated transaction value of $8.04 million, indicating a strategic focus on defense and infrastructure sectors.
  • Significant Holding Proportion: Following this transaction, Parsons represents 4.44% of Bastion's $181.13 million reportable U.S. equity assets, highlighting its importance in the portfolio and the firm's preference for stable cash flow investments.
  • Market Performance Analysis: As of February 5, 2026, Parsons shares were priced at $67.52, reflecting a 13% decline over the past year and underperforming the S&P 500 by 25.12 percentage points, suggesting market caution regarding its future growth prospects.
  • Diversified Business Advantage: Parsons operates a dual-segment model in defense and infrastructure, ensuring that when defense spending contracts, infrastructure projects can compensate for revenue shortfalls, demonstrating resilience amid economic fluctuations.
Yahoo Finance
8.5
02-27Yahoo Finance
Bastion Asset Management Acquires $8M Stake in Parsons
  • New Position Disclosure: On February 6, 2026, Bastion Asset Management disclosed a new position in Parsons (NYSE:PSN), acquiring 128,186 shares valued at approximately $8.04 million, indicating a strategic interest in defense and infrastructure sectors.
  • Holding Proportion Analysis: Following this transaction, Parsons represents 4.44% of Bastion's portfolio, which totaled $181.13 million in reportable U.S. equity assets as of December 31, 2025, reflecting Bastion's preference for stable income investments.
  • Market Performance Overview: As of February 5, 2026, Parsons shares were priced at $67.52, down 13% year-over-year, underperforming the S&P 500 by 25.12 percentage points, indicating market caution regarding its future growth prospects.
  • Business Diversification: Parsons generates revenue from various sectors, particularly through contracts with the Pentagon, demonstrating its ability to maintain stable cash flow amidst economic fluctuations, making it suitable for investors seeking steady returns.
Wall Street analysts forecast PSN stock price to rise
14 Analyst Rating
Wall Street analysts forecast PSN stock price to rise
10 Buy
4 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
70.00
Averages
84.00
High
107.00
Current: 0.000
sliders
Low
70.00
Averages
84.00
High
107.00
Jefferies
Hold
downgrade
$80 -> $65
AI Analysis
2026-02-15
Reason
Jefferies
Price Target
$80 -> $65
AI Analysis
2026-02-15
downgrade
Hold
Reason
Jefferies lowered the firm's price target on Parsons to $65 from $80 and keeps a Hold rating on the shares following the earnings report. The firm says that while the company's Critical Infrastructure segment is growing, its Federal segment has been impacted by the Confidential program.
KeyBanc
Sangita Jain
Overweight
downgrade
$80 -> $73
2026-02-12
Reason
KeyBanc
Sangita Jain
Price Target
$80 -> $73
2026-02-12
downgrade
Overweight
Reason
KeyBanc analyst Sangita Jain lowered the firm's price target on Parsons to $73 from $80 and keeps an Overweight rating on the shares. The firm notes shares sold off as it capped a difficult year with results below expectations. Looking ahead, guidance appears achievable with no large projects skewing it, KeyBanc adds.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for PSN
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Valuation Metrics

The current forward P/E ratio for Parsons Corp (PSN.N) is 18.88, compared to its 5-year average forward P/E of 21.63. For a more detailed relative valuation and DCF analysis to assess Parsons Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
21.63
Current PE
18.88
Overvalued PE
24.99
Undervalued PE
18.26

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
14.06
Current EV/EBITDA
11.95
Overvalued EV/EBITDA
16.08
Undervalued EV/EBITDA
12.04

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.11
Current PS
1.00
Overvalued PS
1.30
Undervalued PS
0.91

Financials

AI Analysis
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Whales Holding PSN

N
Needham Investment Management, LLC
Holding
PSN
+27.92%
3M Return
C
Channing Capital Management, LLC
Holding
PSN
+5.39%
3M Return
G
Granite Investment Partners, LLC
Holding
PSN
-1.84%
3M Return
D
Discovery Capital Management, LLC
Holding
PSN
-4.70%
3M Return
P
Parsons Corporation., Employee Stock Ownership Plan
Holding
PSN
-9.96%
3M Return

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Frequently Asked Questions

What is Parsons Corp (PSN) stock price today?

The current price of PSN is 58.72 USD — it has decreased -1.03

What is Parsons Corp (PSN)'s business?

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.

What is the price predicton of PSN Stock?

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 is84.00 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.

What is Parsons Corp (PSN)'s revenue for the last quarter?

Parsons Corp revenue for the last quarter amounts to 1.60B USD, decreased -7.52

What is Parsons Corp (PSN)'s earnings per share (EPS) for the last quarter?

Parsons Corp. EPS for the last quarter amounts to 0.51 USD, decreased -69.09

How many employees does Parsons Corp (PSN). have?

Parsons Corp (PSN) has 21000 emplpoyees as of March 11 2026.

What is Parsons Corp (PSN) market cap?

Today PSN has the market capitalization of 6.35B USD.