Parsons (NYSE:PSN) Stock Gets Downgrade from Wall Street Zen

Posted by George Bondi on Nov 10th, 2026

Parsons (NYSE:PSN – Get Free Report) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Sunday, Wall Street Zen reports.

A number of other equities analysts have also commented on PSN. Zacks Research raised shares of Parsons from a “strong sell” rating to a “hold” rating in a report on Monday, October 5th. TD Cowen lowered their price objective on shares of Parsons from $72.00 to $62.00 and set a “buy” rating on the stock in a research report on Tuesday, October 6th. Truist Financial reaffirmed a “buy” rating and set a $60.00 price objective (down from $75.00) on shares of Parsons in a report on Thursday, July 30th. Barclays cut their target price on shares of Parsons from $70.00 to $60.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Parsons in a research note on Wednesday, October 28th. Eleven investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Parsons presently has a consensus rating of “Moderate Buy” and an average price target of $63.50.

Read Our Latest Stock Analysis on Parsons

Parsons Stock Performance

NYSE:PSN opened at $51.48 on Friday. The business’s 50-day moving average price is $45.98 and its two-hundred day moving average price is $53.56. Parsons has a twelve month low of $36.26 and a twelve month high of $88.00. The stock has a market cap of $5.43 billion, a P/E ratio of 25.44, a PEG ratio of 4.21 and a beta of 0.69. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.49.

Parsons (NYSE:PSN – Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.80 by $0.09. The company had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.62 billion. Parsons had a return on equity of 8.11% and a net margin of 2.33%. Parsons’s revenue was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.86 earnings per share. As a group, equities analysts predict that Parsons will post 2.16 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Silver Oak Securities Incorporated lifted its holdings in shares of Parsons by 8,955.4% in the 3rd quarter. Silver Oak Securities Incorporated now owns 5,071 shares of the company’s stock worth $208,000 after acquiring an additional 5,015 shares during the last quarter. Aberdeen Group plc grew its holdings in shares of Parsons by 2,784.1% during the 3rd quarter. Aberdeen Group plc now owns 495,026 shares of the company’s stock valued at $20,281,000 after purchasing an additional 477,862 shares during the last quarter. Retirement Systems of Alabama raised its position in Parsons by 3.6% in the 3rd quarter. Retirement Systems of Alabama now owns 87,688 shares of the company’s stock worth $3,593,000 after purchasing an additional 3,064 shares during the period. Fulcrum Asset Management LLP purchased a new position in Parsons in the 3rd quarter worth $483,000. Finally, Kestra Advisory Services LLC lifted its stake in Parsons by 73.5% in the third quarter. Kestra Advisory Services LLC now owns 10,751 shares of the company’s stock worth $440,000 after purchasing an additional 4,555 shares during the last quarter. 98.02% of the stock is owned by hedge funds and other institutional investors.

About Parsons

(Get Free Report)

Parsons Corporation is a technology-focused engineering and infrastructure company serving government and commercial clients. Its work includes engineering, construction management, program management, and technical services for complex projects and missions.

The company operates through its Federal Solutions and Critical Infrastructure businesses. Federal Solutions provides services in areas such as defense, intelligence, cybersecurity, space, and missile defense. Critical Infrastructure supports projects involving transportation, water, environmental remediation, and other essential infrastructure.

Founded in 1944 by engineer Ralph M.