Barclays initiated coverage of Parsons with a rating of Overweight and set a new price target of $70.00
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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 |
CHANTILLY, Va., Dec. 19, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that the company was awarded a task order exceeding $100 million by Nammo to provide design and program and construction management (PM/CM) for a new rocket motor manufacturing facility in Perry, Florida. This project directly supports the Department of War's (DOW's) Acquisition Transformation Strategy by expanding the United States' munitions production capacity, strengthening supply chain resilience, and accelerating delivery of critical capabilities to the warfighter. The contract comprises a two-year construction period and represents new work for the company. "Parsons is committed to fu
CHANTILLY, Va., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) has named proven executive and legal expert John Martinez as the company's next chief legal officer (CLO), effective February 16, 2026. The announcement follows the notification by current CLO Mike Kolloway to Parsons' CEO and board of directors of his intent to retire in the second quarter of 2026; Kolloway will remain with the company as an advisor until his retirement to ensure a seamless transition. "John Martinez is one of the most proven and skilled legal officers in our industry, bringing a unique depth of experience in the public and private sectors and a mission-focused approach to Parsons," said Car
CHANTILLY, Va., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that the company was awarded a seat on the U.S. Air Force Comprehensive Construction & Engineering Multiple Award Task Order Contract (MATOC). Managed by the Air Force Civil Engineering Center (AFCEC), this $15 billion ceiling value contract will ensure the readiness and resilience of U.S. Air Force and Department of War facilities. Work will be performed globally, with an initial five-year ordering period and five one-year options. Under this contract, Parsons will compete for task orders to deliver a wide range of services to support the design and construction management of new facilities,
8-K - PARSONS CORP (0000275880) (Filer)
8-K - PARSONS CORP (0000275880) (Filer)
10-Q - PARSONS CORP (0000275880) (Filer)
4 - PARSONS CORP (0000275880) (Issuer)
4 - PARSONS CORP (0000275880) (Issuer)
3 - PARSONS CORP (0000275880) (Issuer)
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
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.
SC 13G/A - PARSONS CORP (0000275880) (Subject)
SC 13G/A - PARSONS CORP (0000275880) (Subject)
SC 13G/A - PARSONS CORP (0000275880) (Subject)
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