Parsons (PSN)

• Market cap: $6.25B
• 1 day: -2.74%
• 5 days: 6.87%
• 1 month: -24.95%
• 3 months: -38.99%
• 6 months: -38.60%
• Year to date: -35.34%
• 1 year: -27.15%
• 5 years: 77.82%
• 10 years: 94.61%
• Sector: Information Technology
• Industry: Computer Integrated Systems Design

About: Parsons Corp is a provider of technology-driven solutions in the defense, intelligence, and critical infrastructure markets. The business activities of the group are carried out through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment is a high-end service and technology provider to the U.S. government, delivering timely, cost-effective solutions for mission-critical projects, whereas the Critical Infrastructure segment provides integrated design and engineering services for complex physical and digital infrastructure around the globe.

Employees: 19,600

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

1,001% more call options, than puts

Call options by funds: $241M | Put options by funds: $21.9M

96% more first-time investments, than exits

New positions opened: 104 | Existing positions closed: 53

52% more repeat investments, than reductions

Existing positions increased: 157 | Existing positions reduced: 103

11% more funds holding

Funds holding: 380 [Q3] → 422 (+42) [Q4]

0.36% more ownership

Funds ownership: 100.34% [Q3] → 100.7% (+0.36%) [Q4]

11% less capital invested

Capital invested by funds: $11.1B [Q3] → $9.86B (-$1.19B) [Q4]

80% less funds holding in top 10

Funds holding in top 10: 10 [Q3] → 2 (-8) [Q4]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $78 33% upside
• Avg. target: $96 63% upside
• High target: $105 79% upside

6 analyst ratings

• positive: 6 100%
• neutral: 0 0%
• negative: 0 0%

Benchmark Josh Sullivan 62% 1-year accuracy 36 / 58 met price target	54% upside $90	Buy Reiterated	26 Feb 2025
Goldman Sachs Noah Poponak 55% 1-year accuracy 12 / 22 met price target	67% upside $98	Buy Maintained	25 Feb 2025
Baird Andrew Wittmann 30% 1-year accuracy 10 / 33 met price target	33% upside $78	Outperform Maintained	20 Feb 2025
Jefferies Sheila Kahyaoglu 66% 1-year accuracy 23 / 35 met price target	71% upside $100	Buy Maintained	24 Jan 2025
Keybanc Sangita Jain 15% 1-year accuracy 6 / 39 met price target	74% upside $102	Overweight Maintained	8 Jan 2025