Parsons

PSN · NYSE

$44.65+$0.47 (+1.06%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $44.18

PSN analyst rating

BuyConsensus of 12 analysts over the last 12 months. 75% rate it a buy.

Strong buy0
Buy9
Hold3
Underperform0
Sell0

12-month price target · 15 analysts

Average $64.46 (+44.4% upside)

Low: $50.50
Now: $44.65
High: $101.85

Upgrades and downgrades

The latest rating actions, newest first

PSN analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
TD Cowen	Oct 6, 2026	Maintains	Buy	$72.00 → $62.00	63%
Baird	Aug 21, 2026	Upgrade	Neutral → Outperform	$48.00 → $57.00	66%
Goldman Sachs	Aug 3, 2026	Maintains	Neutral	$69.00 → $60.00	56%
UBS	Jul 30, 2026	Maintains	Buy	$67.00 → $58.00	49%
Citigroup	Jul 30, 2026	Maintains	Buy	$66.00 → $53.00	27%
Stifel	Jul 30, 2026	Maintains	Buy	$79.00 → $66.00	33%
Truist Securities	Jul 30, 2026	Maintains	Buy	$75.00 → $60.00	61%
Barclays	Jul 30, 2026	Maintains	Overweight	$70.00 → $60.00	39%
Citigroup	Jul 1, 2026	Maintains	Buy	$65.00 → $66.00	27%
Citigroup	Apr 30, 2026	Maintains	Buy	$70.00 → $65.00	27%

The case for and against

Updated May 26, 2026

Bull case

Parsons is expected to exceed the industry's growth rate over the next three years due to a strong demand for its Critical Infrastructure segment, improved hiring trends, and Federal Solutions' alignment with key defense and intelligence priorities. Management's efforts to transform the business and potential margin expansion also contribute to our positive outlook. However, our PT of $85 is lowered to $90 due to competition in the FAA ATC prime integrator role, which may pressure the company to win significant OBBBA work. Additionally, Peraton's prime integrator role is expected to contribute 10%-15% of the project's annual sales, potentially yielding $40M-$60M annual EBITDA contribution.

Bear case

Parsons is a reputable company with strong potential for growth in the Federal Solutions segment, thanks to its current exposure to key projects and potential for more deals in the SIGINT/EW and Cyber markets. However, declining revenues and earnings in recent quarters, delayed contracts due to government shutdown, and high leverage ratio may pose risks to the company's financial stability and future performance. With a negative outlook on the stock, I would closely monitor developments in the company's financials and contract awards before considering an investment in Parsons.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.