
Parsons Corp (PSN) Stock Forecast & Price Target
Parsons Corp (PSN) Analyst Ratings
Bulls say
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.
Bears say
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.
This aggregate rating is based on analysts' research of Parsons Corp and is not a guaranteed prediction by Public.com or investment advice.
Parsons Corp (PSN) Analyst Forecast & Price Prediction
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