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Parsons reaffirmed its 2026 guidance on April 29, 2026. Three months later, the Company cut full-year revenue and adjusted EBITDA targets -- and the stock fell.NEW YORK, July 31, 2026 /PRNewswire/ -- Three months after telling investors it was "reaffirming our 2026 guidance ranges," Parsons Corpora…
Explore more price target data and ratings for Parsons Corporation on the Forecasts tab, and track all previous and future analyst recommendations for Parsons Corporation in the dedicated News Flow.Select reference data provided by FactSet. Copyright © 2026 FactSet Research Systems Inc. This inform…
Shares of Parsons (PSN) crashed 40%, wiping out over $2.6 billion in market capitalisation in the first hour of trade on Wednesday, after the defence firm reported second-quarter earnings that missed estimates and cut its full-year 2026 forecasts.PSN stock also clocked its sharpest single-day slump…
Q2 2026 saw strong core business growth, robust bookings, and margin expansion, despite $118 million in non-recurring charges from portfolio actions and a weather-impacted JV. Guidance was revised lower due to divestitures and timing, but backlog and book-to-bill ratios support confidence in H2 and…
Q2 2026 saw strong contract awards and backlog growth, but reported revenue and net income declined due to portfolio-shaping actions and joint venture charges. Excluding these, adjusted EBITDA and margins improved, with robust performance in the Middle East and significant new contract wins.Origina…
Key Takeaways:CHANTILLY, Va., July 20, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation NYSE:PSN announced today that the company was selected by the New York State Department of Transportation (NYSDOT) to deliver the NYSDOT Statewide TSMO Software System. The $33 million contract includes an enterpris…
Key Takeaways:CHANTILLY, Va., July 08, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation NYSE:PSN today announced the launch of AresNXT™, a next-generation biometrics platform designed to enable secure, scalable identity management across critical infrastructure, national security operations, and large…
CHANTILLY, Va. — Parsons Corporation NYSE:PSN announced today that it has been selected by Lusail Real Estate Development Company (LREDC), to provide program management, construction management, and construction supervision (PMCMCS) to support the delivery of the Lusail City Infrastructure Program…
Parsons Corporation (NYSE:PSN) readies Q2 results and a July 29 call as it expands PFAS remediation across the U.S. and Canada, joins Raft’s Indo‑Pacific AI/data partner program after military trainings, and eyes an $80M consultancy bid for Qatar’s new Foreign Affairs Complex.Previous Week Recap…
Staff WriterQatar is expected to award the consultancy contract for the new Ministry of Foreign Affairs (MoFA) Complex in the New Diplomatic Area of Al Daayen Municipality in the third quarter of 2026, according to a source aware of the details.The tender for the lead, architectural, MEP, quantity…
(15:27 GMT) Parsons Price Target Raised to $66.00/Share From $65.00 by Citigroup
CHANTILLY, Va., July 01, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation NYSE:PSN will release second quarter 2026 financial results before the markets open on Wednesday, July 29, 2026. The company will host a conference call at 8:00 a.m. Eastern Time that day to discuss its earnings results and guida…
MCLEAN, Va., June 30, 2026 /PRNewswire/ -- Raft and Parsons Corporation (NYSE:PSN) today announced Parsons' participation in Raft's Partner Program to accelerate the delivery of data, artificial intelligence, and mission-critical capabilities to military operators across the Indo-Pacific. Together…
