WATCH: Parsons' Candice Frost & Navy's Scott St. Pierre on AI as a Force Multiplier in Cyber & Defense
This video panel features Candice Frost of Parsons Corp. and Scott St. Pierre of the U.S. Navy discussing AI's role as a force multiplier in cyber and defense environments. They highlight AI's application in improving threat detection, managing data, and strengthening zero-trust architectures. The conversation emphasizes the importance of collaboration, responsible implementation, and innovation for leveraging AI in mission-critical contexts.
Parsons (PSN) Secures Contract for Utah's Vehicle-to-Everything System
Parsons Corporation (PSN) has secured a decade-long contract with the Utah Department of Transportation to develop and maintain a statewide Vehicle-to-Everything (V2X) Maintenance and Management System. This agreement leverages Parsons' iNET software solution to build a cloud-based platform for managing Utah's connected vehicle infrastructure, enhancing real-time monitoring and operational efficiency. The company demonstrates strong financial performance with positive revenue growth and expanding operating margins, and its valuation metrics suggest it is fairly valued.
Parsons Expands Connected Vehicle Leadership, Delivering Statewide V2X Management System for the Utah Department of Transportation
Parsons Corporation has been selected by the Utah Department of Transportation (UDOT) to develop and maintain a statewide Vehicle-to-Everything (V2X) Maintenance and Management System. This 10-year agreement involves deploying Parsons' iNET® software to provide UDOT with real-time system health monitoring, performance analytics, and operational insights for its expanding V2X infrastructure. The contract reinforces Parsons' leadership in connected vehicle technologies and intelligent transportation.
Parsons wins 10-year Utah V2X infrastructure contract
Parsons Corporation has secured a 10-year contract with the Utah Department of Transportation to develop and maintain a statewide Vehicle-to-Everything (V2X) Maintenance and Management System. The company will implement its iNET software solution to create a cloud-based platform for monitoring and analyzing Utah's connected vehicle infrastructure. This new contract expands Parsons' transportation portfolio and establishes a significant customer relationship, further highlighting its role in modernizing infrastructure for automated mobility systems.
Utah picks Parsons for 10-year statewide connected-vehicle system
Parsons (NYSE: PSN) has been awarded a 10-year contract by the Utah Department of Transportation (UDOT) to implement and manage a statewide Vehicle-to-Everything (V2X) Maintenance and Management System. The company will deploy its iNET® software solution to provide real-time monitoring and analytics for connected vehicle devices, establishing a new statewide customer relationship for Parsons and reinforcing its leadership in intelligent transportation systems.
Parsons Corp - Selected to develop statewide V2X management system for Utah Department of Transportation
Parsons Corporation has been selected by the Utah Department of Transportation (UDOT) to develop a statewide Vehicle-to-Everything (V2X) management system. This system aims to enhance intelligent transportation services by facilitating secure and efficient communication between vehicles and infrastructure. Parsons will provide a comprehensive suite of services including integration, data management, roadside unit deployment, and V2X application development.
PSN Stock News Today | Earnings, Events & Price Alerts
This article provides news and event updates for PSN (Parsons Corporation), detailing recent contract wins and project management selections. Key announcements include Parsons securing a V2X management contract with the Utah DOT and being chosen as the project management consultant for the Al Ittihad Sports Village in Saudi Arabia. The article also lists recent stock-related news and past earnings analysis.
Parsons Corp (PSN) director granted 718 fully vested restricted stock units
Parsons Corp director Steven F. Leer received an equity award of 718 fully vested restricted stock units (RSUs) on April 1, 2026, as reported in a Form 4 SEC filing. The award, valued at $0.00 per share, increased Leer's direct ownership to 30,454 shares of Parsons common stock. The RSUs are fully vested upon grant, with share delivery subject to the grant notice and any deferral election made by Leer.
[Form 4] PARSONS CORP Insider Trading Activity
Parsons Corp Chief Human Resources Officer Soo Lagasse reported a grant of 3,692 restricted stock units (RSUs) that will vest on April 1, 2029. Following this award, Lagasse directly holds 12,496 shares of Parsons common stock. This transaction is a compensation-related award, not an open-market purchase, granted at no cash price per unit.
Parsons will post quarterly results before markets open April 29
Parsons Corporation (NYSE: PSN) announced it will release its first-quarter 2026 financial results before markets open on April 29, 2026. The company will also host a conference call and Q&A session at 8:00 a.m. ET on the same day, with a live webcast and replay available on its Investor Relations website. This announcement follows a historical pattern where similar earnings date notices have coincided with modest stock gains.
Saudi club picks Parsons for Jeddah sports village built to FIFA standards
Parsons (NYSE: PSN) has been selected as the project management consultant for the Al Ittihad Sports Village in Jeddah, Saudi Arabia, a development designed to align with FIFA standards. The scope includes club headquarters, academy training pitches, performance centers, administrative buildings, and commercial assets. This project further expands Parsons' nearly 70-year presence in Saudi Arabia and aligns with Saudi Vision 2030's Quality of Life Program.
PSN PE Ratio & Valuation, Is PSN Overvalued
The article analyzes Parsons Corp (PSN) valuation metrics, concluding it is in the "Fair zone" with a forward PE ratio of 18.88 compared to its five-year average of 21.61. Its fair price is estimated between $52.06 and $67.01 using a relative valuation method. The article also details PSN's Price-to-Book ratio, Free Cash Flow yield, and compares its P/S ratio against competitors.
Parsons Corp. Experiences Revision in Its Stock Evaluation Amid Market Fluctuations
Parsons Corp., a small-cap company in the Computers - Software & Consulting sector, has seen its stock valuation adjusted, now showing a P/E ratio of 25 and a price-to-book value of 2.88. The company has a three-year return of 21.8%, outperforming its recent monthly decline but lagging the S&P 500 over the longer term. Its valuation metrics are competitive compared to some peers, while others show more favorable P/E ratios.
Parsons stock falls 2.07% after company highlights future of event security in the sky
Parsons (PSN) stock dropped 2.07% after the company emphasized the importance of integrated airspace security for event and infrastructure protection due to the increasing presence of drones. The stock is currently trading below key moving averages, indicating a bearish trend with low probability of a near-term recovery. Analysts anticipate PSN to consolidate within a narrow range, with potential for further decline if support levels fail.
Parsons (PSN) Announces Expansion of Its iNET Smart Mobility Platform
Parsons Corporation (NYSE: PSN) announced the expansion of its iNET Smart Mobility Platform, designed to modernize transportation agencies in North America. The platform transitions traffic management to proactive, AI-driven operations, enhancing safety and efficiency, with notable deployments in Georgia, Michigan, and New Jersey. This expansion highlights Parsons' progress in integrated, software-enabled operations, maintaining analyst confidence in its transformative technology solutions.
PSN (Parsons) Marketable Securities : $0 Mil (As of Dec. 2025)
This article provides details on Parsons Corp's (NYSE:PSN) marketable securities, reporting them as $0 million as of December 2025. GuruFocus rates PSN with a GF Score of 88/100 and a GF Value of $80.60, classifying it as "Significantly Undervalued" despite two warning signs. The article explains what marketable securities are, offers historical data, and compares PSN's valuation metrics with industry peers.
Parsons unveils new satellite antenna aimed at military market
Parsons Corporation has introduced a new satellite ground antenna called SPARTAN, developed in collaboration with Raven Defense, to target the military market. This hybrid antenna combines a parabolic dish with an electronically steered phased-array feed, aiming to fill a gap left by the Space Force's canceled $1.7 billion SCAR program. The SPARTAN offers a cost-effective solution for increased ground capacity, allowing simultaneous communication with multiple satellites and providing redundancy for military and international customers.
PSN (Parsons) Gross Property, Plant and Equipment : $582 Mil (As of Dec. 2025)
Parsons Corp (PSN) reported its Gross Property, Plant and Equipment at $582 million as of December 2025. GuruFocus rates PSN with a GF Score of 89/100 and considers it "Significantly Undervalued" with a GF Value of $80.58 compared to its current price of $52.51, despite having two warning signs for investors. The company's gross PPE has shown consistent increases both quarterly and annually.
Parsons Named Lead Designer of I-64 Hampton Roads Express Lanes Segment
Parsons Corporation has been selected as the lead designer for the I-64 Hampton Roads Express Lanes (HREL) Norfolk Segment 1B project in Virginia. This $389 million design-build contract, led by Lane Construction Corporation, aims to convert existing lanes into a part-time express shoulder lane and three general-purpose lanes to improve traffic reliability and reduce congestion. The project is a critical part of creating a continuous 45-mile regional Express Lane network in the Hampton Roads area.
Virginia’s I-64 toll lane gap gets $389M redesign led by Parsons
Parsons (NYSE: PSN) has been selected as the lead designer for the $389 million I-64 Hampton Roads Express Lanes (HREL) Norfolk Segment 1B project in Virginia. This project, led by Lane Construction, will convert existing lanes between I-264 and Tidewater Drive to create a continuous 45-mile regional Express Lane network, aiming to reduce congestion and improve travel reliability. Parsons, with a history of delivering over 10,000 miles of road and highway projects globally, will provide comprehensive design services, including bridge replacements, roadway widening, and advanced traffic management systems.
Parsons Corp. Stock Hits Day Low of $49.38 Amid Price Pressure
Parsons Corp. saw its stock price drop significantly, reaching an intraday low of $49.38, reflecting broader market declines. The company's shares are down 7.64% today, with more pronounced declines over the past week, month, and year-to-date. Despite these challenges, Parsons maintains a strong debt servicing capability with a low Debt to EBITDA ratio and a positive return on equity.
Parsons Corporation (PSN) Fell As It Couldn’t Win a New FAA Contract
Parsons Corporation (PSN) saw its stock fall after it failed to secure a new FAA contract. Despite this, Brown Advisory Mid-Cap Growth Strategy, an investment management company, still expects the company to meet its growth targets and potentially gain parts of the new FAA contract. The firm acknowledged the disappointment but maintained that the reason for the stock's underperformance is likely temporary.
One traffic platform cut crashes 34% and saved Ohio about $4.5M
Parsons' iNET® Smart Mobility Platform is gaining global traction by helping agencies modernize traffic operations, leading to improved safety, reliability, and performance. Notable achievements include a statewide license in Georgia, an Ohio DOT pilot project that generated approximately $4.5 million in annual labor savings, and a Michigan US 23 deployment that saw a 34% reduction in overall crashes. The platform unifies data, analytics, and AI/ML-enabled decision support into a single operational environment, facilitating a shift from reactive to proactive traffic management.
Parsons Corp. Stock Hits New 52-Week Low at $49.38
Parsons Corp. (NYSE: PCOR) has dropped to a new 52-week low of $49.38 on March 20, 2026, reflecting a 33.55% decline over the past year, significantly underperforming the S&P 500. Despite its stock performance challenges, the company maintains a solid market capitalization of $7,603 million, a low debt-to-equity ratio of 0.31, and a 31.2% increase in profits. However, its overall performance remains below market averages.
Parsons Corp. Opens Weak with 7.77% Gap Down Amid Market Concerns
Parsons Corp., a small-cap company in the Computers - Software & Consulting sector, opened with a 7.77% loss, continuing a 21.47% decline over the past month. Despite displaying bearish technical indicators across daily, weekly, and monthly charts, the company maintains a stable financial position with a market capitalization of approximately USD 7.6 billion, a P/E ratio of 25.00, and a debt-to-equity ratio of 0.31. The stock's performance highlights ongoing market volatility, while its lack of a dividend yield may be a consideration for investors.
Is Parsons Corporation (PSN) A Good Stock To Buy Now?
This article summarizes a bullish thesis on Parsons Corporation (PSN), highlighting its transition from a traditional engineering contractor to a technology-integrated solutions provider. Despite a recent setback from losing an air traffic control contract, the company has secured new billion-dollar defense contracts and is well-positioned for long-term growth in high-margin technology solutions and national security programs. The author suggests this contract loss is a short-term headline risk and that PSN remains a strategically important government technology partner.
Parsons Corp. Stock Plummets to New 52-Week Low of $49.71
Parsons Corp. stock recently hit a new 52-week low of $49.71, marking a significant 33.39% decline over the past year, contrasting with the S&P 500's 16.41% gain. Despite this drop, the company maintains a market capitalization of $7,603 million, a P/E ratio of 25.00, and a healthy debt-to-equity ratio of 0.31, alongside a 31.2% rise in profits. These financial metrics suggest the company is navigating complex market conditions while demonstrating strong financial management.
Parsons Corp. Stock Plummets to New 52-Week Low of $51.08
Parsons Corp. has reached a new 52-week low of $51.08, with its stock declining by 32.12% over the past year. Despite this drop, the company maintains a solid market capitalization of $7,603 million, a low debt-to-equity ratio of 0.31, and a positive return on equity of 11.69%. The stock is trading at a fair value relative to its peers.
Parsons gets 2 more option years on classified U.S. contract
Parsons (NYSE: PSN) announced a classified contract award worth over $47 million for continued work with the U.S. government. This extension builds on a task the company has performed for more than six years and includes two additional one-year option periods. The classified nature of the work limits public disclosure but provides near-term revenue visibility, complementing other recent contract wins.
Parsons Elevates Soo Lagasse to CHRO
Parsons has promoted Soo Lagasse to Chief Human Resources Officer, effective April 1, 2026. She succeeds Susan Balaguer, who is retiring. Lagasse joined Parsons in 2021 and has been credited with transforming the company's global talent acquisition efforts, leading to multiple record hiring quarters.
One dish, multiple satellites: Parsons deploys new control antenna
Parsons has operationally integrated its first Raven Defense S-Band Phased Array Receive and Transmit Antenna Node (SPARTAN) into its OrbitXchange™ global antenna network. This 6-meter parabolic dish, featuring a phased-array feed, enables eight electronically steerable downlink beams and a dedicated uplink beam, allowing simultaneous support for multiple spacecraft. The system enhances operational capabilities for national security and commercial missions, offering expanded command, telemetry, and mission data collection.
Parsons Announces New Chief Human Resources Officer
Parsons Corporation has announced that Soo Lagasse will take over as Chief Human Resources Officer, effective April 1, 2026. Lagasse, currently SVP of global talent acquisition and mobility, succeeds Susan Balaguer, who is retiring. Balaguer is credited with transforming Parsons' HR function and achieving significant recruiting and retention success during her tenure.
Parsons among only four engineering services firms on 2026 ethics list
Parsons (NYSE:PSN) has been recognized by Ethisphere as one of the 2026 World’s Most Ethical Companies for the 17th consecutive year. This honor places Parsons among only four honorees in the Engineering Services category out of 138 companies spanning 17 countries and 40 industries. The recognition highlights Parsons' sustained commitment to ethics, compliance, and corporate governance, which is reflected in its business practices and employee engagement.
Parsons Promotes Soo Lagasse to Chief HR Officer
Parsons has promoted Soo Lagasse to Chief Human Resources Officer, effective April 1, 2026. Lagasse, previously Senior Vice President of global talent acquisition, will succeed Susan Balaguer, who is retiring. Lagasse has a 30-year career in government contracting and has been credited with enhancing Parsons' talent acquisition and university programs since joining in 2021.
Parsons Honored as One of the World’s Most Ethical Companies for the 17th Consecutive Year
Parsons Corporation has been recognized by Ethisphere as one of the 2026 World’s Most Ethical Companies for the seventeenth consecutive year. This honor, shared by only four companies in the Engineering Services category, highlights Parsons' commitment to integrity, ethical decision-making, and transparency. The selection process involves a rigorous assessment of companies' ethics and compliance practices, corporate governance, and social impact.
Susan Balaguer to Retire as CHRO of Parsons; Advisory Role Through May
Susan Balaguer will retire as Chief Human Resources Officer of Parsons (PSN) on April 1, 2026, and will continue in an advisory role through the end of May 2026. She will receive a one-time cash bonus of $250,000. This information was announced in an 8-K SEC filing by Parsons.
HR leadership transition at Parsons (NYSE: PSN) after retirement
Parsons Corporation (NYSE: PSN) announced a planned leadership transition in its human resources department. Susan Balaguer will retire as Chief Human Resources Officer on April 1, 2026, and will be succeeded by Soo Lagasse, currently Senior Vice President of Global Talent Acquisition and Mobility. Balaguer will remain in an advisory role through May 2026 and will receive a one-time $250,000 cash bonus.
Parsons Corp. Stock Plummets to New 52-Week Low of $52.37
Parsons Corp.'s stock has fallen to a new 52-week low of $52.37, representing a significant 30.15% decline over the past year. Despite this downturn and contrasting with the S&P 500's gain, the company exhibits strong financial health with a low debt-to-equity ratio of 0.31 and a 31.2% increase in profits over the past year. Its market capitalization is $9,548 million with a P/E ratio of 41.00.
Lombard Odier Asset Management USA Corp Acquires Shares of 23,162 Parsons Corporation $PSN
Lombard Odier Asset Management USA Corp acquired a new stake of 23,162 Parsons Corporation (NYSE:PSN) shares, valued at $1.92 million, during the third quarter. Institutional investors now own approximately 98.02% of Parsons' stock. Analysts provide a "Moderate Buy" consensus rating for Parsons with an average price target of $83.42, despite the company recently missing its quarterly earnings estimates with an EPS of $0.75 versus expectations of $0.81 and a 7.5% year-over-year revenue decline.
Junto Capital Management LP Sells 355,225 Shares of Parsons Corporation $PSN
Junto Capital Management LP significantly reduced its stake in Parsons Corporation (NYSE:PSN) by 46.6%, selling 355,225 shares and now holding 407,391 shares valued at $33.78 million. This comes after Parsons missed its latest quarterly earnings and revenue estimates, causing its stock to drop and trade near its 52-week low. Despite mixed analyst ratings, the company maintains a "Moderate Buy" consensus with a target price of $83.42.
Parsons Corporation $PSN Stake Lowered by Mackenzie Financial Corp
Mackenzie Financial Corp reduced its stake in Parsons Corporation ($PSN) by 5% in the third quarter of 2025, now holding 1,032,184 shares valued at $85.6 million. Despite this, institutional ownership in Parsons remains very high at 98.02%, with significant increases from other funds like AQR Capital Management and Frontier Capital Management, and new stakes from Cooper Creek Partners and Norges Bank. Parsons recently missed quarterly earnings and revenue expectations and is trading near its 52-week low.
Parsons Corp. Experiences Revision in Its Stock Evaluation Amid Competitive Landscape
Parsons Corp., a small-cap company in the Computers - Software & Consulting sector, has adjusted its stock valuation to $58.72, showing a 1.98% return over the past year, significantly underperforming the S&P 500's 21.60%. Key financial metrics include a P/E ratio of 41 and a ROCE of 12.33%. The company's valuation is lower than CACI International but higher than Guidewire Software, indicating it must strategically enhance its market standing among competitors.
Parsons Corporation (NYSE:PSN) Receives Consensus Rating of "Moderate Buy" from Brokerages
Parsons Corporation (NYSE:PSN) has received a consensus "Moderate Buy" rating from fifteen brokerage firms, with an average 12-month price objective of $83.4167. The company recently reported Q4 earnings per share of $0.75, missing analyst estimates, and revenues of $1.60 billion, which were also below consensus. Despite this, institutional investors hold a significant 98.02% of the company's stock.
Parsons Corp. Experiences Revision in Stock Evaluation Amid Mixed Market Signals
Parsons Corp., a small-cap company in the Computers - Software & Consulting sector, has had its stock evaluation revised due to mixed market signals and fluctuations. While the company shows resilience with a 5.91% year-to-date return, its yearly performance lags behind the S&P 500. Technical indicators present a mixed outlook, with both bearish and bullish signals across different timeframes.
Segall Bryant & Hamill LLC Boosts Stock Position in Parsons Corporation $PSN
Segall Bryant & Hamill LLC significantly increased its stake in Parsons Corporation (NYSE:PSN) by 65.8% in the third quarter, bringing its total ownership to 167,370 shares valued at $13.88 million. This move is part of broader institutional investor activity, with hedge funds now owning approximately 98.02% of Parsons. Despite missing Q3 earnings expectations with an EPS of $0.75 against an anticipated $0.81 and a 7.5% year-over-year revenue decline, analysts maintain a "Moderate Buy" consensus rating with a target price of $83.42 for the company.
Parsons (NYSE: PSN) CEO reports tax-withholding disposition of 7,132 shares
Parsons Corp's President & CEO, Carey A. Smith, reported a tax-related disposition of 7,132 common shares on February 26, 2026. These shares were withheld at $66.31 each to satisfy tax obligations, not representing a market sale. Following this transaction, Smith directly owned 573,350 shares and held an additional 5,476.2481 shares indirectly through an ESOP.
Bastion’s Parsons Bet Highlights Tension Between Volatile Trading And Long Term Themes
Bastion Asset Management has purchased a significant stake in Parsons (NYSE:PSN), a company focused on government and critical infrastructure projects. This investment, valued at approximately US$8.04m, represents a concentrated bet for Bastion and signals a long-term commitment despite the current "choppy" trading signals for Parsons' stock. The move highlights the tension between short-term market volatility and the company's strong alignment with long-term government spending themes.
Parsons Iconic Hexagon Towers in Old Pasadena Could Be Demolished, Replaced With 975 Housing Units
The iconic 50-year-old hexagon-shaped former Parsons Corporate Headquarters in Old Pasadena may be demolished to make way for 975 housing units, including 170 affordable units. This dramatic shift from the property's original office use reflects changes in the market since COVID-19, with decreased office demand and increased housing needs, especially after Parsons Corporation relocated in 2019. The plan is currently in pre-development review and will be presented to the City Council, exploring various state housing bills for approval.
William Blair Investment Management LLC Sells 124,662 Shares of Parsons Corporation $PSN
William Blair Investment Management LLC has reduced its stake in Parsons Corporation (NYSE:PSN) by 6.6%, selling 124,662 shares. Despite this, analysts maintain a "Moderate Buy" consensus with an average target price of $83.42, even as Parsons recently missed Q3 earnings and revenue estimates. The stock is currently trading around $65.93 with a market capitalization near $7.0 billion.
Ameritas Investment Partners Inc. Lowers Holdings in Parsons Corporation $PSN
Ameritas Investment Partners Inc. significantly reduced its stake in Parsons Corporation (NYSE:PSN) by 99.6% in the third quarter, selling over 2.3 million shares. This reduction comes as Parsons missed quarterly earnings expectations, reporting lower-than-anticipated EPS and revenue with a 7.5% year-over-year revenue decrease. Despite the miss and stake reduction, analyst sentiment remains largely positive with a "Moderate Buy" rating and an average target price of $83.42, though some firms have cut their price objectives.
