TD Cowen upgraded Parsons from Hold to Buy and set a new price target of $75.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/26/2026 | Underperform | BNP Paribas Exane | |
| 4/15/2026 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 4/13/2026 | $60.00 | Outperform → Neutral | Robert W. Baird |
| 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 |
Key Takeaways: Parsons provides full-spectrum cyber and electromagnetic solutions that enhance spectrum superiority, cyber resilience, and multi-domain operations.Artificial intelligence and machine learning are foundational across the company's portfolio, powering automation, decision support, offensive and defensive cyber operations, and advanced signal/data analysis to improve speed, precision, and mission effectiveness.Parsons delivers scalable, mission-ready solutions that strengthen warfighter lethality, situational awareness, and readiness in complex, high-threat environments. CHANTILLY, Va., June 17, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) delivers full-spectrum c
CHANTILLY, Va., June 16, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has been selected for the design oversight and construction oversight contracts on the estimated $1.1 to $1.4 billion design-build John A. Blatnik Bridge Project by the Minnesota and Wisconsin Departments of Transportation. The John A. Blatnik Bridge connects the City of Duluth, Minnesota and Superior, Wisconsin over the Port of Duluth/Superior, which is the most inland ocean vessel harbor in the world and the terminus of the St Lawrence Seaway. Parsons previously provided preliminary engineering design for replacement of the Blatnik Bridge and with this contract will continue their ser
CHANTILLY, Va., June 15, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN), today announced it has been awarded a $184 million ceiling value single-award, indefinite-delivery/indefinite-quantity (IDIQ) contract to support the Department of the Navy's Intelligence Carry-On Program (ICOP). "This award reflects the trust our customer places in Parsons to deliver adaptable, mission-focused solutions," said Mike Kushin, President of Defense and Intelligence for Parsons. "We are proud to support capabilities that help operators perform more effectively at the tactical edge." The contract supports a broad range of work areas focused on the rapid delivery of innovative capabilities that en
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4 - PARSONS CORP (0000275880) (Issuer)
4 - PARSONS CORP (0000275880) (Issuer)
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8-K - PARSONS CORP (0000275880) (Filer)
10-Q - PARSONS CORP (0000275880) (Filer)
BNP Paribas Exane initiated coverage of Parsons with a rating of Underperform
KeyBanc Capital Markets downgraded Parsons from Overweight to Sector Weight
Robert W. Baird downgraded Parsons from Outperform to Neutral and set a new price target of $60.00
4 - PARSONS CORP (0000275880) (Issuer)
4 - PARSONS CORP (0000275880) (Issuer)
4 - PARSONS CORP (0000275880) (Issuer)
Q1 2026 Financial Highlights Q1 revenue of $1.5 billion decreased 4% year-over-year and 8% on an organic basisRevenue growth of 8% excluding confidential contract; 3% on an organic basisNet income of $53 million decreased $13 million year-over-yearAdjusted EBITDA increased 1% to $151 million, a Q1 recordAdjusted EBITDA margin expanded 50 basis points to a record 10.1%Cash flow used in operating activities of $4 million, a Q1 recordBook-to-bill ratio of 1.4x in both segments extends company streak of TTM book-to-bill ratio of 1.0x or greater in every quarter since IPOTotal and funded backlog increased to a record $9.3 billion and $6.6 billion, respectivelyReiterating fiscal year 2026 guid
Issued on behalf of VisionWave Holdings, Inc.VisionWave Holdings (NASDAQ:VWAV) signs a non-binding term sheet to acquire up to 51% of Foresight Autonomous Holdings (NASDAQ:FRSX), adding camera-based stereo vision and thermal perception to its existing RF sensing core and the xClibre™ AI video intelligence platform — building toward a three-layer counter-UAS architecture targeting its Argus™ platform and intended to reduce false-positive engagement rates.Companies mentioned in this article:VisionWave Holdings, Inc. (NASDAQ:VWAV), Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX), L3Harris Technologies, Inc. (NYSE:LHX), Teledyne Technologies Incorporated (NYSE:TDY), Elbit Systems Ltd. (NASDAQ:E
CHANTILLY, Va., April 01, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) will release first quarter 2026 financial results before the markets open on Wednesday, April 29, 2026. The company will host a conference call at 8:00 a.m. Eastern Time that day to discuss its earnings results and guidance, followed by a question-and-answer session. 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 approxima
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SC 13G/A - PARSONS CORP (0000275880) (Subject)
Spire Global, Inc. (NYSE:SPIR) ("Spire" or "the Company"), a global provider of satellite data, analytics and intelligence, today announced John Martinez has been appointed to Spire's board of directors, effective March 9th, 2026. Mr. Martinez currently serves as the Chief Legal Officer at Parsons Corporation (NYSE:PSN), a leading disruptive technology provider in the national security and global infrastructure markets with more than 21,000 employees around the world. Prior to Parsons, he was the Chief Legal Officer at Maximus (NYSE:MMS). "I'm thrilled to welcome John to our board," said Theresa Condor, Spire Global's CEO. "He brings more than two decades of the deep government and comm
CHANTILLY, Va., Jan. 15, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has acquired Northern Virginia-based Altamira Technologies Corporation in a transaction valued up to $375 million. Founded in 1999, Altamira enhances Parsons' defense and intelligence portfolio by delivering advanced analytics, signals intelligence (SIGINT), cyber, missile warning, and space capabilities, complementing the company's strengths in all‑domain technology integration and Indo‑Pacific operations, and expanding with Intelligence Community (IC) customers. "Acquiring Altamira is a strategic accelerator for our national security growth strategy, strengthening Parsons' ability to
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