Parsons Corporation (PSN)
NYSEIndustrialsInformation Technology ServicesSnapshot 2026-09-04
NYSEIndustrialsInformation Technology ServicesSnapshot 2026-09-04
Research Workspace
Put PSN beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Aerospace & Defense is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar broken — Generate free cash flow near $500 million in fiscal 2026: FCF guidance $430M-$490M vs ~$500M target.
View ThesisRevenue is contracting — down about 6% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 2% on a typical day and fell roughly 55% in its worst 12-month stretch.
View RiskPSN's growth potential hinges on maintaining strong contract wins and backlog growth. Recent performance has weakened, dropping from the 65th to the 42nd percentile in its sector. Revenue grew 4% year over year, but the last quarter missed expectations. PSN trades at 22× P/E versus a peer median of 30×, indicating the price reflects less growth than anticipated. The primary risk is the broken pillar of generating free cash flow near $500 million, with guidance now at $430 million to $490 million. Peer multiples imply a price about 34% above where it trades. This read is provisional.
Trailing returns as of 2026-09-04. PSN is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 14 analysts currently covering PSN (as of Sep 2026).
Based on 4 Wall Street analysts offering 12-month price targets for PSN in the last 4 months.
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Compare PSN with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| PSN Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 11 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Aerospace & Defense — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put PSN next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Drive profitable growth through portfolio-shaping initiatives
Strengthens portfolio through cybersecurity initiative in water infrastructure.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $47.58
The last 12 months of price, then the range of analyst 12-month targets from today’s $47.58.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.

Advances: Maintain strong contract wins and backlog growth
New contract enhances backlog and supports growth objectives.

Advances: Maintain strong contract wins and backlog growth
Securing a large contract enhances backlog growth.

Advances: Maintain strong contract wins and backlog growth
Winning a significant contract supports backlog growth.

Advances: Maintain strong contract wins and backlog growth
Significant contract win enhances backlog and growth potential.

Advances: Maintain strong contract wins and backlog growth
New contract enhances backlog and supports growth objectives.

Advances: Drive profitable growth through portfolio-shaping initiatives
Positive report supports growth initiatives and market perception.
Advances: Reiterate fiscal year 2026 revenue guidance
New contract supports revenue growth and guidance.
