Parsons Corporation (PSN)

Parsons Corp.'s stock price has been impacted by several events in the past six months. The all-time high closing price for Parsons stock was $113.31 on November 11, 2024. The 52-week high for the stock is $89.50, and the 52-week low is $54.56. As of February 6, 2026, the closing stock price was $69.44. Parsons' shares fell significantly after losing a major government contract to Peraton. Parsons Corp. revised its fiscal year 2025 guidance due to uncertainties surrounding a classified contract with the Department of State, leading to a reduction in projected adjusted EBITDA and total revenue. Parsons has secured multiple significant contracts, including an FAA contract extension, the acquisition of Altamira, and contracts from federal customers and the U.S. Air Force.

While there is some analysis suggesting a seasonal pattern for Parsons Corp.'s stock performance, this primarily relates to stock market trends rather than direct demand for its products and services. Parsons' annualized revenue growth indicates strong and recently accelerated demand, but sell-side analysts anticipate revenue growth to decelerate, implying some demand challenges. The company's revenue is largely driven by long-term, project-based contracts, which may not exhibit strong, predictable seasonal fluctuations in demand.

Parsons Corp. is a multinational technology-focused defense, intelligence, and infrastructure engineering firm operating in the Business Services sector, specifically in Technology Services and Computer Integrated Systems Design, and is also recognized within the Defense Contractors industry. The company provides technology-driven solutions across two segments: Federal Solutions and Critical Infrastructure, including cybersecurity, intelligence, defense, military training, connected communities, physical infrastructure, and mobility solutions. Parsons' revenue model is based on project-based contracts, primarily with government entities and commercial clients.

Parsons Corp. operates globally, serving clients in North America, Europe, the Middle East, and Asia. The company's headquarters are located in Chantilly, Virginia, U.S.

Parsons Corporation's brand reputation is built on its mission to deliver a better world by leveraging advanced technology to solve complex global challenges, particularly in national security and critical infrastructure. The company emphasizes core values such as Safety, Quality, Integrity, Diversity, Innovation, and Sustainability. Its strategic focus on being a technology-driven solutions provider in high-margin areas like cyber, missile defense, and intelligent infrastructure contributes to its standing.

Parsons Corp. has a highly concentrated ownership structure, with institutional holders owning approximately 98.02% of the outstanding shares. The Parsons Corporation Employee Stock Ownership Plan (ESOP) holds a near-majority stake of 47.90%. Other major institutional owners include The Vanguard Group, Inc., BlackRock, Inc., T. Rowe Price Group, Inc., Artisan Partners Limited Partnership, State Street Corp, Morgan Stanley, UBS Group AG, Earnest Partners Llc and Jpmorgan Chase & Co.