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NYSE: PSN
Parsons Corp Stock Forecast, Predictions & Price Target

Analyst price target for PSN

Based on 7 analysts offering 12 month price targets for Parsons Corp.
Min Forecast
$68.00-12.92%
Avg Forecast
$87.57+12.14%
Max Forecast
$100.00+28.06%

Should I buy or sell PSN stock?

Based on 7 analysts offering ratings for Parsons Corp.
Strong Buy
Strong Buy
5 analysts 71.43%
Buy
1 analysts 14.29%
Hold
1 analysts 14.29%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their PSN stock forecasts and price targets.

PSN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-03Find Out Why
lockedlocked$00.00+00.00%2024-05-02
lockedlocked$00.00+00.00%2024-05-01Find Out Why
lockedlocked$00.00+00.00%2024-04-19Find Out Why
lockedlocked$00.00+00.00%2024-04-16
Truist Securities
Top 5%
96
Strong BuyMaintains$100.00+28.06%2024-04-09Find out why
Benchmark
Top 2%
99
Strong BuyReiterates$68.00-12.92%2024-04-04

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Forecast return on equity

Is PSN forecast to generate an efficient return?
Company
24.03%
Industry
38.27%
Market
62.12%
PSN's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PSN forecast to generate an efficient return on assets?
Company
10.13%
Industry
12.57%
PSN is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PSN earnings per share forecast

What is PSN's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$2.63+874.81%
Avg 2 year Forecast
$3.15+1,065.19%
Avg 3 year Forecast
$3.52+1,203.7%
PSN's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

PSN revenue forecast

What is PSN's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$6.3B+8.56%
Avg 2 year Forecast
$6.7B+15.22%
Avg 3 year Forecast
$7.1B+22.19%
PSN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PSN earnings growth forecast

How is PSN forecast to perform vs Information Technology Services companies and vs the US market?
Company
239.83%
Industry
17.28%
Market
20.32%
PSN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PSN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PSN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PSN revenue growth forecast

How is PSN forecast to perform vs Information Technology Services companies and vs the US market?
Company
7.37%
Industry
3.66%
Market
9.18%
PSN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PSN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PSN vs Information Technology Service Stocks

TickerPricePrice TargetUp/downsideConsensus
PSN$78.09$87.57+12.14%Strong Buy
JKHY$166.74$182.80+9.63%Hold
EPAM$184.78$275.47+49.08%Buy
CACI$433.77$423.89-2.28%Strong Buy
GLOB$172.06$221.80+28.91%Strong Buy

Parsons Stock Forecast FAQ

Is Parsons Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: PSN) stock is to Strong Buy PSN stock.

Out of 7 analysts, 5 (71.43%) are recommending PSN as a Strong Buy, 1 (14.29%) are recommending PSN as a Buy, 1 (14.29%) are recommending PSN as a Hold, 0 (0%) are recommending PSN as a Sell, and 0 (0%) are recommending PSN as a Strong Sell.

If you're new to stock investing, here's how to buy Parsons stock.

What is PSN's earnings growth forecast for 2024-2026?

(NYSE: PSN) Parsons's forecast annual earnings growth rate of 239.83% is forecast to beat the US Information Technology Services industry's average forecast earnings growth rate of 17.28%, and it is also forecast to beat the US market's average forecast earnings growth rate of 20.32%.

Parsons's earnings in 2024 is $28,241,000.On average, 5 Wall Street analysts forecast PSN's earnings for 2024 to be $386,240,065, with the lowest PSN earnings forecast at $371,271,795, and the highest PSN earnings forecast at $407,958,731. On average, 5 Wall Street analysts forecast PSN's earnings for 2025 to be $461,668,406, with the lowest PSN earnings forecast at $441,710,712, and the highest PSN earnings forecast at $473,995,216.

In 2026, PSN is forecast to generate $516,552,062 in earnings, with the lowest earnings forecast at $516,552,062 and the highest earnings forecast at $516,552,062.

What is PSN's revenue growth forecast for 2024-2026?

(NYSE: PSN) Parsons's forecast annual revenue growth rate of 7.37% is forecast to beat the US Information Technology Services industry's average forecast revenue growth rate of 3.66%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.18%.

Parsons's revenue in 2024 is $5,804,959,000.On average, 5 Wall Street analysts forecast PSN's revenue for 2024 to be $924,783,450,810, with the lowest PSN revenue forecast at $917,188,081,025, and the highest PSN revenue forecast at $940,817,402,924. On average, 5 Wall Street analysts forecast PSN's revenue for 2025 to be $981,528,162,342, with the lowest PSN revenue forecast at $963,457,645,023, and the highest PSN revenue forecast at $1,013,705,540,388.

In 2026, PSN is forecast to generate $1,040,881,755,285 in revenue, with the lowest revenue forecast at $1,040,881,755,285 and the highest revenue forecast at $1,040,881,755,285.

What is PSN's forecast return on assets (ROA) for 2024-2026?

(NYSE: PSN) forecast ROA is 10.13%, which is lower than the forecast US Information Technology Services industry average of 12.57%.

What is PSN's Price Target?

According to 7 Wall Street analysts that have issued a 1 year PSN price target, the average PSN price target is $87.57, with the highest PSN stock price forecast at $100.00 and the lowest PSN stock price forecast at $68.00.

On average, Wall Street analysts predict that Parsons's share price could reach $87.57 by May 3, 2025. The average Parsons stock price prediction forecasts a potential upside of 12.14% from the current PSN share price of $78.09.

What is PSN's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: PSN) Parsons's current Earnings Per Share (EPS) is $0.27. On average, analysts forecast that PSN's EPS will be $2.63 for 2024, with the lowest EPS forecast at $2.53, and the highest EPS forecast at $2.78. On average, analysts forecast that PSN's EPS will be $3.15 for 2025, with the lowest EPS forecast at $3.01, and the highest EPS forecast at $3.23. In 2026, PSN's EPS is forecast to hit $3.52 (min: $3.52, max: $3.52).

What is PSN's forecast return on equity (ROE) for 2024-2026?

(NYSE: PSN) forecast ROE is 24.03%, which is considered strong.
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