Parsons (PSN) Expected to Announce Earnings on Wednesday

Key Points

• Parsons (PSN) is set to announce its Q2 2025 earnings before the market opens on August 6th, with analysts expecting earnings of $0.76 per share and revenue of $1.60 billion.
• The stock opened at $75.50, and analysts have given it a mixed rating with four hold ratings and seven buy ratings, averaging a target price of $86.20.
• A hedge fund has recently increased its stake in Parsons by 38%, reflecting growing institutional interest, with institutions now holding approximately 98.02% of the company's stock.

Parsons (NYSE:PSN - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Wednesday, August 6th. Analysts expect Parsons to post earnings of $0.76 per share and revenue of $1.60 billion for the quarter.

Parsons Stock Up 0.3%

Shares of NYSE:PSN opened at $75.50 on Wednesday. The firm's 50 day moving average price is $71.02 and its 200 day moving average price is $69.14. The stock has a market cap of $8.07 billion, a price-to-earnings ratio of 31.86, a price-to-earnings-growth ratio of 4.62 and a beta of 0.55. Parsons has a fifty-two week low of $54.56 and a fifty-two week high of $114.68. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.31.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on PSN. Bank of America reduced their target price on shares of Parsons from $100.00 to $95.00 and set a "buy" rating on the stock in a report on Tuesday, June 3rd. Jefferies Financial Group raised their price objective on shares of Parsons from $70.00 to $80.00 and gave the stock a "hold" rating in a report on Wednesday, July 2nd. Raymond James Financial raised shares of Parsons from a "market perform" rating to a "strong-buy" rating and set a $90.00 price objective on the stock in a report on Tuesday, July 8th. Baird R W cut shares of Parsons from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 1st. Finally, The Goldman Sachs Group cut their price objective on shares of Parsons from $90.00 to $80.00 and set a "buy" rating on the stock in a report on Wednesday, June 4th. Four research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $86.20.

Hedge Funds Weigh In On Parsons

A hedge fund recently raised its stake in Parsons stock. NewEdge Advisors LLC raised its position in Parsons Corporation (NYSE:PSN - Free Report) by 38.0% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 959 shares of the company's stock after buying an additional 264 shares during the quarter. NewEdge Advisors LLC's holdings in Parsons were worth $57,000 as of its most recent filing with the SEC. Institutional investors own 98.02% of the company's stock.

About Parsons

Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. The company operates through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment provides critical technologies, such as cybersecurity; missile defense; intelligence; space launch and ground systems; space and weapon system resiliency; geospatial intelligence; signals intelligence; environmental remediation; border security, critical infrastructure protection; counter unmanned air systems; biometrics and bio surveillance solutions to U.S.

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