PSN
Parsons Corporation
PSN
44.09USD
-2.74%
Sep 23, 2026
Price
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Price Action
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryWeak / unconfirmed recovery
The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.
Key Financials
- Market Cap
- $4.7B
- Avg Volume (60D)
- 1.6M
- Revenue Growth YoY
- -5.7%
- Gross Margin
- +22.0%
- Operating Margin
- +4.9%
- Free Cash Flow Yield
- +6.5%
- Distance from 200DMA
- -22.4%
- Next Earnings
- 2026-11-04
- P/E
- 29.9x
- EV / EBITDA
- 13.4x
- EV / Sales
- 0.9x
60 sessions
FY2025 vs FY2024
Trailing twelve months
Trailing twelve months
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026
Fundamentals & Valuation
Two of the three valuation perspectives say expensive; intrinsic is the dissenting view.
Parsons Corporation has an Expensive valuation stance because the price embeds expectations that run ahead of the growth it delivers per turn of revenue multiple.
Company Research
Thesis
Mission-systems integrator and technical-services enabler for counter-UAS, electronic warfare, cyber, missile-defense, intelligence, and critical-infrastructure protection missions.
Opportunity
High opportunity
Defense procurement for attritable unmanned systems and counter-UAS protection against proliferating drone threats.
Key risk
Dependence on U.S. Federal government contracts.
Narrative & Theme
Defense Rearmament and Industrial Base
Part of Unmanned Systems and Counter-Drone, with moderate fit.
PSN is not a drone-platform pure play, but it has credible direct exposure to the same counter-drone demand system through integrated, layered counter-UAS capabilities, including sensing, non-kinetic disruption, command-and-control integration, and protection of military and critical-infrastructure sites.
Narrative HeatHeating up8.3 / 10
Theme HeatHeating up8.0 / 10
Business & Markets
Technology · Information Technology Services
What they do
Parsons Corporation provides design, engineering, technical services, and software solutions primarily to the U.S. Federal government and critical infrastructure customers worldwide through its Federal Solutions and Critical Infrastructure segments.
How it earns
The company generates revenue primarily through project-based contracts and service agreements with government and infrastructure clients.
Products & services
Cybersecurity technologies
Air and missile defense systems
Intelligence and geospatial services
Aviation modernization
Environmental remediation
Border security solutions
Customers & end markets
U.S. federal government
Critical infrastructure operators
Market position
Established prime contractor in defense IT and critical infrastructure services.
Demand drivers
Medium cyclicality
Business depends on government budgets and infrastructure spending which can fluctuate with political and economic cycles.