Parsons Corporation (PSN)

Parsons' stock price was impacted by several events in the past six months. The company missed revenue expectations in Q3 and Q4 2025, leading to stock drops. Parsons did not win a new FAA contract, and its stock experienced a 10-day losing streak. Analyst price targets were adjusted, though most maintained bullish ratings. Parsons secured significant contracts, including a $15 billion U.S. Air Force contract, a $125 million U.S. Army contract, and an intent to award up to $500 million for Joint Cyber Hunt Kits.

Demand for Parsons' products and services is influenced by government fiscal cycles and budgetary processes, project timelines and cyclicality, geopolitical factors, and procurement delays. The company's cash flow can exhibit seasonality, with Q1 sometimes being negative due to bonus payouts and Q4 seeing increased activity as clients utilize remaining budgets.

Parsons Corp. is a technology-driven provider of solutions and services across the national security and global infrastructure markets. The company operates in two segments: Federal Solutions, delivering technologies and expertise to the U.S. government, and Critical Infrastructure, providing program management, design and engineering services for complex physical and digital infrastructure globally.

Parsons maintains a significant global presence, with operations spanning the Americas, Europe, the Middle East, Asia, and Australia. The company collaborates with governments, private industry, and local communities to deliver solutions in areas such as infrastructure modernization, defense, cybersecurity, environmental sustainability, and smart mobility.

Parsons has maintained a strong brand reputation, being recognized by Ethisphere as one of the 2026 World's Most Ethical Companies for the 17th consecutive year. This highlights the company's sustained commitment to ethics and compliance.

Parsons Corporation has significant institutional ownership. As of March 2026, 464 institutional owners and shareholders have filed 13D/G or 13F forms, holding a total of 107,355,176 shares. Institutional investors hold approximately 88.6% of the shares.