William Blair upgraded Parsons from Mkt Perform to Outperform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/19/2025 | $70.00 | Overweight | Barclays |
| 12/12/2025 | $86.00 | Buy | Citigroup |
| 12/10/2025 | $75.00 | Hold → Buy | TD Cowen |
| 12/5/2025 | Strong Buy → Mkt Perform | Raymond James | |
| 11/20/2025 | Mkt Perform → Outperform | William Blair | |
| 11/19/2025 | $107.00 | Buy | UBS |
| 8/13/2025 | $81.00 | Buy → Neutral | Goldman |
| 8/7/2025 | $92.00 | Neutral → Outperform | Robert W. Baird |
Barclays initiated coverage of Parsons with a rating of Overweight and set a new price target of $70.00
Citigroup initiated coverage of Parsons with a rating of Buy and set a new price target of $86.00
TD Cowen upgraded Parsons from Hold to Buy and set a new price target of $75.00
8-K - PARSONS CORP (0000275880) (Filer)
8-K - PARSONS CORP (0000275880) (Filer)
10-Q - PARSONS CORP (0000275880) (Filer)
CHANTILLY, Va., Dec. 23, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has been selected by VIA Metropolitan Transit Authority (VIA) to complete the final design of the Advanced Rapid Transit (ART) program for the VIA Rapid Silver Line in San Antonio. "Parsons has supported VIA for more than 25 years, and we're proud to continue with a new phase of the ART program," said Sean Tenney, vice president and Texas regional manager for Parsons. "The ART program is a modern public transportation solution that is helping better connect the San Antonio region, driving economic growth as the population continues to expand. This program extends our work with VIA, und
CHANTILLY, Va., Dec. 22, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) is pleased to announce it was awarded a contract for the Missile Defense Agency (MDA) Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) indefinite-delivery/indefinite-quantity (IDIQ) contract with a ceiling of $151B. This contract encompasses a broad range of work areas that allows for the rapid delivery of innovative capabilities to the warfighter with increased speed and agility. About Parsons: Parsons (NYSE:PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile def
CHANTILLY, Va., Dec. 22, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) has been awarded a $30 million contract, along with a novation to the U.S. Space Development Agency (SDA), to enhance a previously awarded $11 million contract from 2021 by the Defense Advanced Research Projects Agency (DARPA) for the Blackjack flight demonstration. This substantial expansion underscores Parsons' dedication to delivering innovative and effective solutions for defense clients in the space sector. "Parsons is a leader in space domain innovation. With this contract, we will build on our established partnerships as we shift from DARPA to SDA, broadening our contributions to the Blackjack program,
4 - PARSONS CORP (0000275880) (Issuer)
4 - PARSONS CORP (0000275880) (Issuer)
4 - PARSONS CORP (0000275880) (Issuer)
4 - PARSONS CORP (0000275880) (Issuer)
CHANTILLY, Va., Oct. 03, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation announced today that it has been recognized by Glassdoor, an online community for workplace conversations, with a mission to build healthier, more transparent work communities for all, as one of the Best-Led Companies. The recognition is based on employee reviews and ratings published on Glassdoor in the previous year. In 2025, 50 honorees were recognized, representing a myriad of industries from food service to software. At #27, Parsons is top ranked among national security and critical infrastructure companies, and the only of its peer group on the list. "Being named one of Glassdoor's Best-Led Companies is a testame
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.
Q3 2025 Financial Highlights Q3 revenue of $1.6 billion decreased 10% year-over-year and 14% on an organic basisRevenue growth of 14% excluding confidential contract; 9% on an organic basisQ3 net income of $64 million decreased $8 million year-over-yearQ3 adjusted EBITDA decreased 5% to $158 million; adjusted EBITDA margin of 9.8% increased 60 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 $8.8 billion; 72% is funded, highest level since IPOModifying fiscal year 2025 revenue and reiterating adjusted EBITDA and cash flow guidance ranges at mid-point CHANTILLY, Va., Nov. 05, 2025
CHANTILLY, Va., Oct. 02, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) will release third quarter 2025 financial results before the markets open on Wednesday, November 5, 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 afte
CHANTILLY, Va., Oct. 02, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) today announced it has acquired Applied Sciences Consulting, Inc., a Florida-based engineering firm that specializes in water and stormwater solutions for cities, counties, and water management districts across the state. Founded in 2005, Applied Sciences is based in Tampa, Florida, and works closely with agencies across Florida to deliver solutions that protect and advance the region's water infrastructure resilience. The acquisition expands Parsons' water expertise, strengthens its presence in Florida, and is consistent with the company's strategy of completing accretive acquisitions with revenue growth and
SC 13G/A - PARSONS CORP (0000275880) (Subject)
SC 13G/A - PARSONS CORP (0000275880) (Subject)
SC 13G/A - PARSONS CORP (0000275880) (Subject)