Parsons : PSN

Price Target $54 ↑13%

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PSN

Stock Data

$47.55

$0.36 (0.75%)

Asset Type

Common Stock

Exchange

NYSE

Currency

USD

Country

USA

Sector

TECHNOLOGY

Industry

INFORMATION TECHNOLOGY SERVICES

Parsons Corporation is a global leader in delivering integrated solutions and services for the defense, intelligence, and critical infrastructure sectors. With operations in North America, the Middle East, and beyond, Parsons offers a wide range of expertise. This includes cybersecurity, missile defense, space launch systems, environmental remediation, and border security for government agencies like the Department of Defense and Homeland Security. Additionally, it provides innovative management, design, and engineering services for infrastructure projects such as bridges, roads, and water treatment systems, leveraging advanced technologies like AI and digital twins.

Latest Activity

PSNParsons Corporation

Reports Wed Jul 29Before open6:30 AM ETConfirmed

Jul 29, 9:00am ET

Parsons reports Q2 results at 6:30 AM ET with investors hunting for clues on defense and intelligence contract momentum as geopolitical risk reshapes procurement cycles.

PSNParsons

Q2 2026

Jul 29, 6:30am ET

EPS

-$0.06

est $0.76-$0.82

Revenue

$1.58B

est $1.61B-2.0%

Defense contractor Parsons swung to a $0.06 loss per share as $118 million in portfolio charges and contract writedowns overwhelmed underlying operational gains, forcing the company to slash full-year revenue guidance by $300 million at midpoint. Adjusted EBITDA margin still expanded 70 basis points and backlog grew to $9.26 billion, but the reset on profitability underscores execution risk on the company's effort to exit underperforming programs.

Quarterly EPS — reported vs estimate