Goldman downgraded Parsons from Buy to Neutral and set a new price target of $81.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/13/2025 | $81.00 | Buy → Neutral | Goldman |
| 8/7/2025 | $92.00 | Neutral → Outperform | Robert W. Baird |
| 7/8/2025 | $90.00 | Mkt Perform → Strong Buy | Raymond James |
| 6/24/2025 | $81.00 | Buy | Stifel |
| 5/5/2025 | $65.00 | Buy → Hold | Jefferies |
| 5/1/2025 | $69.00 | Outperform → Neutral | Robert W. Baird |
| 2/21/2025 | Outperform → Mkt Perform | William Blair | |
| 2/21/2025 | $105.00 | Buy → Hold | TD Cowen |
10-Q - PARSONS CORP (0000275880) (Filer)
8-K - PARSONS CORP (0000275880) (Filer)
8-K - PARSONS CORP (0000275880) (Filer)
Designed to transform how cyber operators respond to threats, Operator X™ represents a leap forward in AI-enabled cyber defense for tactical environments. COLUMBIA, Md., Aug. 18, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE:PSN) and leading defensive cyber operations solution provider introduces Operator X, the first AI Hunt Kit Assistant built for defensive cyber at the Edge. "Designed for any offline environment, Operator X can be deployed across SealingTech's Cyber-Fly-Away Kits and cyber hunt programs, delivering value to our
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) C5ISR Center. The contract, which Parsons has held for three years, includes a 12-month base performance period and four 12-month option periods to deliver critical radar development engineering efforts necessary for C5ISR Radar to meet its mission needs. "This mission-critical program enables the U.S. Army to anticipate and prepare for threats from near-peer adversaries and provides cutting-edge radar solutions that advance Department of Defense priorities and protect national security," said Mik
Q2 2025 Financial Highlights Q2 revenue of $1.6 billion decreased 5% year-over-year and 9% on an organic basisRevenue growth of 13% excluding confidential contract; 8% on an organic basisQ2 net income of $55 million decreased $14 million year-over-year, includes $2 million of M&A transaction-related expenses associated with the CTI acquisitionQ2 adjusted EBITDA decreased 1% to $149 million; adjusted EBITDA margin of 9.4% increased 40 basis pointsBook-to-bill ratio of 1.0x and continued streak of TTM book-to-bill ratio of 1.0x or greater in every quarter since IPOTotal backlog increased to $8.9 billion; 70% is funded, highest level since IPOIncreasing fiscal year 2025 guidance ranges for
4 - PARSONS CORP (0000275880) (Issuer)
4 - PARSONS CORP (0000275880) (Issuer)
4 - PARSONS CORP (0000275880) (Issuer)
4 - PARSONS CORP (0000275880) (Issuer)
Goldman downgraded Parsons from Buy to Neutral and set a new price target of $81.00
Robert W. Baird upgraded Parsons from Neutral to Outperform and set a new price target of $92.00
Raymond James upgraded Parsons from Mkt Perform to Strong Buy and set a new price target of $90.00
Q2 2025 Financial Highlights Q2 revenue of $1.6 billion decreased 5% year-over-year and 9% on an organic basisRevenue growth of 13% excluding confidential contract; 8% on an organic basisQ2 net income of $55 million decreased $14 million year-over-year, includes $2 million of M&A transaction-related expenses associated with the CTI acquisitionQ2 adjusted EBITDA decreased 1% to $149 million; adjusted EBITDA margin of 9.4% increased 40 basis pointsBook-to-bill ratio of 1.0x and continued streak of TTM book-to-bill ratio of 1.0x or greater in every quarter since IPOTotal backlog increased to $8.9 billion; 70% is funded, highest level since IPOIncreasing fiscal year 2025 guidance ranges for
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 will host a conference call at 8:00 a.m. Eastern Time that day to discuss its earnings results and strategic corporate initiatives. Access to a webcast of the live conference call can be obtained through the Investor Relations section of the company's website (https://investors.parsons.com). Those parties interested in participating via telephone may register on the Investor Relations website or by clicking here. A replay will be available on the company's website approximately two hours after
Q1 2025 Financial Highlights Record Q1 revenue of $1.6 billion increases 1% year-over-year; decreases 2% on an organic basis11% revenue growth excluding confidential contract; increases 7% on an organic basisRecord Q1 net income of $66 million increases $26 million year-over-yearRecord Q1 earnings per share increases 61% to $0.60Record Q1 adjusted EBITDA increases by 5% to $149 million; record adjusted EBITDA margin of 9.6% increases 40 basis pointsStrong book-to-bill ratio of 1.1x supported by a 1.4x ratio in the company's Critical Infrastructure segmentTotal backlog increases to $9.1 billion, a company recordReiterating fiscal year 2025 guidance ranges for all financial metrics CHANTILLY
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 project by the government of Dubai's Roads and Transport Authority (RTA). The contract represents new work for Parsons and spans five years. Under the contract, Parsons will provide comprehensive project management services including design review, procurement support, construction supervision, testing and commissioning oversight, and project handover management. The Dubai Metro Blue Line, expected to commence operations in 2029, is a key component of Dubai's D33 Economic Agenda, which
CHANTILLY, Va., July 01, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has acquired Maryland-based Chesapeake Technologies International, Corp (CTI), a portfolio company of Bluestone Investment Partners, in a transaction valued at $89 million. Founded in 2000, CTI strengthens Parsons' defense customer posture with the Special Operations forces and enhances Parsons' position in the Indo-Pacific Command (INDOPACOM) area of operations. CTI brings extensive capabilities as an all-domain technology solutions provider, powered by cutting-edge products that enhance the warfighters' ability to sense, evaluate and deliver effects within the invisible battlespaces.
CHANTILLY, Va., May 13, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today, on the sidelines of the Saudi-US Investment Forum in Riyadh, that the company has been awarded two Delivery Partner (DP) contracts by the King Salman International Airport Development Company (KSIADC) which is owned by the Public Investment Fund. These significant contracts represent new work for the company and span the initial four years of the airport's multi-year development. The first contract is for airfield assets and includes the runways, taxiways, aircraft parking areas, and air traffic control towers. The second contract is for landside infrastructure packages including roads,
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SC 13G/A - PARSONS CORP (0000275880) (Subject)
SC 13G/A - PARSONS CORP (0000275880) (Subject)