Parsons (PSN) Stock Forecast, Price Target & Predictions
PSN Stock Forecast
Parsons stock forecast is as follows: an average price target of $82.83 (represents a -15.67% downside from PSN’s last price of $98.22) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
PSN Price Target
The average price target for Parsons (PSN) is $82.83 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $100.00 to $40.00. This represents a potential -15.67% downside from PSN's last price of $98.22.
PSN Analyst Ratings
According to 9 Wall Street analysts, Parsons's rating consensus is 'Buy'. The analyst rating breakdown for PSN stock is 1 'Strong Buy' (11.11%), 7 'Buy' (77.78%), 0 'Hold' (0.00%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).
Parsons Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 25, 2024 | Bert Subin | Stifel Nicolaus | $97.00 | $79.49 | 22.03% | -1.24% |
| May 01, 2024 | Brian Gesuale | Raymond James | $95.00 | $77.63 | 22.38% | -3.28% |
| Apr 19, 2024 | Sangita Jain | KeyBanc | $90.00 | $77.80 | 15.68% | -8.37% |
| Apr 09, 2024 | Tobey Sommer | Truist Financial | $100.00 | $83.69 | 19.49% | 1.81% |
| Jan 16, 2024 | Andrew Wittman | Robert W. Baird | $75.00 | $64.88 | 15.60% | -23.64% |
| Dec 21, 2022 | Andrew Wittmann | Robert W. Baird | $50.00 | $46.54 | 7.43% | -49.09% |
| Aug 04, 2022 | - | Morgan Stanley | $40.00 | $41.48 | -3.57% | -59.28% |
| Aug 04, 2022 | - | Raymond James | $46.00 | $41.72 | 10.26% | -53.17% |
| Mar 04, 2022 | Brian Gesuale | Raymond James | $43.00 | $35.95 | 19.61% | -56.22% |
The latest Parsons stock forecast, released on Jun 25, 2024 by Bert Subin from Stifel Nicolaus, set a price target of $97.00, which represents a 22.03% increase from the stock price at the time of the forecast ($79.49), and a -1.24% decrease from PSN last price ($98.22).
Parsons Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 5 |
| Avg Price Target | - | $97.00 | $91.40 |
| Last Closing Price | $98.22 | $98.22 | $98.22 |
| Upside/Downside | -100.00% | -1.24% | -6.94% |
In the current month, the average price target of Parsons stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Parsons's last price of $98.22. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 01, 2024 | Benchmark | Buy | Buy | Hold |
| Aug 01, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Jun 25, 2024 | Raymond James | Buy | Buy | Hold |
| Jun 25, 2024 | Goldman Sachs | Underperform | Underperform | Hold |
| May 03, 2024 | Cowen & Co. | - | Buy | Upgrade |
| May 01, 2024 | Raymond James | Underperform | Underperform | Hold |
| May 01, 2024 | Truist Financial | Strong Buy | Strong Buy | Hold |
| May 01, 2024 | Raymond James | Outperform | Strong Buy | Upgrade |
| Apr 19, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Apr 04, 2024 | Benchmark | Underperform | Underperform | Hold |
Parsons's last stock rating was published by Benchmark on Aug 01, 2024. The company gave PSN a "Buy" rating, the same as its previous rate.
Parsons Financial Forecast
Parsons Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $1.49B | $1.42B | $1.36B | $1.17B | $1.10B | $1.13B | - | $949.07M | $950.67M | $956.05M | $879.36M | $874.70M | $964.26M | $1.00B | $979.46M | $970.99M | $1.04B | $1.02B |
| Avg Forecast | $1.92B | $1.90B | $1.94B | $1.80B | $1.80B | $1.78B | $1.80B | $1.66B | $1.68B | $1.64B | $1.56B | $1.38B | $1.32B | $1.27B | $1.13B | $1.06B | $1.07B | $1.05B | $930.97M | $885.54M | $944.21M | $958.95M | $982.25M | $902.68M | $1.04B | $1.02B | $987.97M | $921.57M | $1.02B | $1.03B |
| High Forecast | $2.01B | $1.98B | $2.02B | $1.88B | $1.88B | $1.86B | $1.88B | $1.74B | $1.76B | $1.67B | $1.63B | $1.44B | $1.35B | $1.35B | $1.18B | $1.11B | $1.12B | $1.10B | $930.97M | $903.27M | $963.11M | $978.15M | $1.00B | $920.76M | $1.06B | $1.04B | $1.01B | $940.02M | $1.04B | $1.05B |
| Low Forecast | $1.86B | $1.84B | $1.87B | $1.75B | $1.74B | $1.72B | $1.74B | $1.61B | $1.63B | $1.61B | $1.51B | $1.33B | $1.31B | $1.20B | $1.09B | $1.03B | $1.04B | $1.02B | $930.97M | $859.35M | $916.28M | $930.59M | $953.19M | $875.98M | $1.01B | $989.22M | $958.75M | $894.31M | $986.37M | $999.33M |
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | 1.12% | 1.20% | 1.11% | 1.03% | 1.08% | - | 1.07% | 1.01% | 1.00% | 0.90% | 0.97% | 0.93% | 0.99% | 0.99% | 1.05% | 1.02% | 0.99% |
Parsons's average Quarter revenue forecast for Mar 24 based on 4 analysts is $1.38B, with a low forecast of $1.33B, and a high forecast of $1.44B. PSN's average Quarter revenue forecast represents a -7.87% decrease compared to the company's last Quarter revenue of $1.49B (Dec 23).
Parsons EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $77.44M | $83.34M | $76.44M | $81.60M | $56.76M | $93.29M | - | $66.41M | $76.09M | $69.81M | $50.09M | $53.63M | $70.95M | $93.10M | $71.43M | $54.49M | $48.06M | $77.30M |
| Avg Forecast | $137.84M | $136.28M | $139.09M | $129.56M | $128.99M | $127.67M | $129.20M | $119.56M | $120.94M | $117.52M | $111.87M | $72.48M | $95.00M | $90.88M | $81.07M | $65.90M | $76.83M | $87.99M | $66.88M | $59.90M | $73.22M | $79.99M | $63.48M | $75.08M | $98.08M | $73.35M | $86.21M | $74.47M | $73.02M | $55.21M |
| High Forecast | $144.05M | $142.42M | $145.36M | $135.39M | $134.80M | $133.42M | $135.01M | $124.94M | $126.39M | $119.69M | $116.91M | $86.98M | $97.18M | $96.82M | $84.72M | $79.07M | $80.29M | $105.58M | $66.88M | $71.89M | $87.87M | $95.98M | $76.17M | $90.10M | $117.69M | $88.02M | $103.45M | $89.36M | $74.48M | $66.25M |
| Low Forecast | $133.48M | $131.96M | $134.69M | $125.45M | $124.90M | $123.63M | $125.11M | $115.77M | $117.11M | $115.34M | $108.33M | $57.99M | $94.28M | $86.20M | $78.50M | $52.72M | $74.39M | $70.39M | $66.88M | $47.92M | $58.58M | $63.99M | $50.78M | $60.06M | $78.46M | $58.68M | $68.97M | $59.57M | $70.86M | $44.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.92% | 0.94% | 1.24% | 0.74% | 1.06% | - | 1.11% | 1.04% | 0.87% | 0.79% | 0.71% | 0.72% | 1.27% | 0.83% | 0.73% | 0.66% | 1.40% |
4 analysts predict PSN's average Quarter EBITDA for Mar 24 to be $72.48M, with a high of $86.98M and a low of $57.99M. This is -6.40% lower than Parsons's previous annual EBITDA (Dec 23) of $77.44M.
Parsons Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $44.91M | $47.45M | $43.24M | $35.28M | $28.13M | $43.59M | - | $20.67M | $36.14M | $19.36M | $6.70M | $9.04M | $21.61M | $40.66M | $23.30M | $12.97M | $13.72M | $56.81M |
| Avg Forecast | $122.75M | $115.76M | $109.29M | $96.29M | $108.19M | $104.56M | $100.97M | $87.92M | $94.98M | $88.74M | $78.91M | $23.69M | $69.43M | $68.03M | $55.93M | $21.54M | $60.13M | $24.40M | $43.59M | $19.58M | $27.88M | $22.18M | $8.49M | $12.65M | $29.87M | $32.03M | $28.12M | $17.73M | $46.90M | $40.58M |
| High Forecast | $129.93M | $122.53M | $115.68M | $101.92M | $114.52M | $110.68M | $106.88M | $93.07M | $100.53M | $94.28M | $83.53M | $28.43M | $83.76M | $77.91M | $59.20M | $25.84M | $63.64M | $29.28M | $43.59M | $23.50M | $33.46M | $26.62M | $10.19M | $15.19M | $35.85M | $38.44M | $33.74M | $21.28M | $48.12M | $48.70M |
| Low Forecast | $117.69M | $110.99M | $104.79M | $92.32M | $103.73M | $100.26M | $96.81M | $84.30M | $91.07M | $84.30M | $75.66M | $18.95M | $63.92M | $58.16M | $53.62M | $17.23M | $57.65M | $19.52M | $43.59M | $15.66M | $22.30M | $17.74M | $6.80M | $10.12M | $23.90M | $25.63M | $22.50M | $14.18M | $45.10M | $32.46M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.65% | 0.70% | 0.77% | 1.64% | 0.47% | 1.79% | - | 1.06% | 1.30% | 0.87% | 0.79% | 0.71% | 0.72% | 1.27% | 0.83% | 0.73% | 0.29% | 1.40% |
Parsons's average Quarter net income forecast for Mar 24 is $23.69M, with a range of $18.95M to $28.43M. PSN's average Quarter net income forecast represents a -47.25% decrease compared to the company's last Quarter net income of $44.91M (Dec 23).
Parsons SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $237.51M | $221.19M | $211.90M | $199.31M | $195.43M | $196.96M | - | $185.08M | $190.25M | $191.23M | $188.24M | $187.52M | $191.75M | $165.94M | $187.64M | $183.77M | $199.98M | $178.55M |
| Avg Forecast | $359.06M | $354.99M | $362.33M | $337.49M | $336.00M | $332.58M | $336.55M | $311.44M | $315.04M | $306.12M | $291.42M | $212.16M | $247.47M | $236.73M | $211.18M | $192.87M | $200.13M | $241.03M | $174.21M | $175.34M | $183.07M | $219.12M | $238.56M | $262.53M | $265.07M | $130.74M | $226.46M | $251.16M | $190.20M | $127.54M |
| High Forecast | $375.23M | $370.98M | $378.64M | $352.68M | $351.13M | $347.55M | $351.70M | $325.46M | $329.22M | $311.79M | $304.54M | $254.59M | $253.13M | $252.21M | $220.68M | $231.44M | $209.14M | $289.24M | $174.21M | $210.40M | $219.68M | $262.94M | $286.28M | $315.04M | $318.08M | $156.89M | $271.75M | $301.39M | $194.01M | $153.04M |
| Low Forecast | $347.69M | $343.75M | $350.85M | $326.80M | $325.36M | $322.04M | $325.89M | $301.58M | $305.06M | $300.45M | $282.19M | $169.73M | $245.58M | $224.55M | $204.49M | $154.30M | $193.79M | $192.82M | $174.21M | $140.27M | $146.45M | $175.30M | $190.85M | $210.02M | $212.06M | $104.59M | $181.17M | $200.93M | $184.57M | $102.03M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.93% | 1.00% | 1.03% | 0.98% | 0.82% | - | 1.06% | 1.04% | 0.87% | 0.79% | 0.71% | 0.72% | 1.27% | 0.83% | 0.73% | 1.05% | 1.40% |
Parsons's average Quarter SG&A projection for Mar 24 is $212.16M, based on 4 Wall Street analysts, with a range of $169.73M to $254.59M. The forecast indicates a -10.68% fall compared to PSN last annual SG&A of $237.51M (Dec 23).
Parsons EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.43 | $0.45 | $0.41 | $0.34 | $0.27 | $0.42 | - | $0.20 | $0.35 | $0.19 | $0.07 | $0.09 | $0.21 | $0.40 | $0.23 | $0.13 | $0.14 | $0.57 |
| Avg Forecast | $1.11 | $1.05 | $0.99 | $0.87 | $0.98 | $0.95 | $0.91 | $0.80 | $0.86 | $0.80 | $0.71 | $0.63 | $0.63 | $0.62 | $0.51 | $0.43 | $0.54 | $0.51 | $0.41 | $0.37 | $0.53 | $0.49 | $0.51 | $0.29 | $0.57 | $0.52 | $0.43 | $0.43 | $0.41 | $0.33 |
| High Forecast | $1.18 | $1.11 | $1.05 | $0.92 | $1.04 | $1.00 | $0.97 | $0.84 | $0.91 | $0.85 | $0.76 | $0.66 | $0.76 | $0.70 | $0.54 | $0.45 | $0.58 | $0.54 | $0.41 | $0.38 | $0.55 | $0.50 | $0.52 | $0.30 | $0.58 | $0.53 | $0.44 | $0.44 | $0.42 | $0.34 |
| Low Forecast | $1.06 | $1.00 | $0.95 | $0.84 | $0.94 | $0.91 | $0.88 | $0.76 | $0.82 | $0.76 | $0.68 | $0.60 | $0.58 | $0.53 | $0.49 | $0.41 | $0.52 | $0.48 | $0.41 | $0.36 | $0.51 | $0.47 | $0.49 | $0.28 | $0.55 | $0.50 | $0.41 | $0.41 | $0.39 | $0.32 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.68% | 0.73% | 0.81% | 0.80% | 0.50% | 0.83% | - | 0.54% | 0.66% | 0.39% | 0.14% | 0.31% | 0.37% | 0.77% | 0.54% | 0.30% | 0.35% | 1.71% |
According to 4 Wall Street analysts, Parsons's projected average Quarter EPS for Mar 24 is $0.63, with a low estimate of $0.60 and a high estimate of $0.66. This represents a 45.74% increase compared to PSN previous annual EPS of $0.43 (Dec 23).
Parsons Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CLVT | Clarivate | $6.57 | $14.33 | 118.11% | Buy |
| WNS | WNS | $57.50 | $87.17 | 51.60% | Buy |
| NABL | N-able | $12.51 | $17.00 | 35.89% | Buy |
| PRFT | Perficient | $75.50 | $81.00 | 7.28% | Hold |
| ASGN | ASGN | $92.72 | $99.00 | 6.77% | Hold |
| G | Genpact | $39.29 | $41.67 | 6.06% | Hold |
| CACI | CACI | $476.24 | $447.50 | -6.03% | Buy |
| SAIC | Science Applications | $136.62 | $123.50 | -9.60% | Buy |
| LDOS | Leidos | $155.50 | $136.22 | -12.40% | Buy |
| PSN | Parsons | $98.22 | $82.83 | -15.67% | Buy |
| EXLS | ExlService | $36.38 | $28.30 | -22.21% | Buy |
PSN Forecast FAQ
Is Parsons a good buy?
Yes, according to 9 Wall Street analysts, Parsons (PSN) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 7 'Buy' recommendations, accounting for 88.89% of PSN's total ratings.
What is PSN's price target?
Parsons (PSN) average price target is $82.83 with a range of $40 to $100, implying a -15.67% from its last price of $98.22. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Parsons stock go up soon?
According to Wall Street analysts' prediction for PSN stock, the company can go down by -15.67% (from the last price of $98.22 to the average price target of $82.83), up by 1.81% based on the highest stock price target, and down by -59.28% based on the lowest stock price target.
Can Parsons stock reach $150?
PSN's average twelve months analyst stock price target of $82.83 does not support the claim that Parsons can reach $150 in the near future.
What are Parsons's analysts' financial forecasts?
Parsons's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $7.04B (high $7.35B, low $6.81B), average EBITDA is $505.42M (high $528.18M, low $489.41M), average net income is $401.64M (high $425.15M, low $385.1M), average SG&A $1.32B (high $1.38B, low $1.27B), and average EPS is $3.63 (high $3.85, low $3.48). PSN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $7.56B (high $7.9B, low $7.32B), average EBITDA is $542.77M (high $567.21M, low $525.58M), average net income is $444.08M (high $470.07M, low $425.79M), average SG&A $1.41B (high $1.48B, low $1.37B), and average EPS is $4.02 (high $4.25, low $3.85).
Did the PSN's actual financial results beat the analysts' financial forecasts?
Based on Parsons's last annual report (Dec 2023), the company's revenue was $100K, which missed the average analysts forecast of $4.78B by -100.00%. Apple's EBITDA was $5.3K, missing the average prediction of $332.85M by -100.00%. The company's net income was $3K, missing the average estimation of $214.93M by -100.00%. Apple's SG&A was $16K, missing the average forecast of $888.25M by -100.00%. Lastly, the company's EPS was $0, missing the average prediction of $2.18 by -100.00%. In terms of the last quarterly report (Dec 2023), Parsons's revenue was $1.49B, beating the average analysts' forecast of $1.32B by 12.99%. The company's EBITDA was $77.44M, missing the average prediction of $95M by -18.48%. Parsons's net income was $44.91M, missing the average estimation of $69.43M by -35.32%. The company's SG&A was $237.51M, missing the average forecast of $247.47M by -4.02%. Lastly, the company's EPS was $0.43, missing the average prediction of $0.628 by -31.55%