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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
$41.00-24.7%
Avg Forecast
$55.71+2.32%
Max Forecast
$66.00+21.21%

Should I buy or sell PSN stock?

Based on 7 analysts offering ratings for Parsons Corp.
Buy
Strong Buy
4 analysts 57.14%
Buy
1 analysts 14.29%
Hold
1 analysts 14.29%
Sell
0 analysts 0%
Strong Sell
1 analysts 14.29%

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PSN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Bank of America
Bottom 17%
17
Strong BuyUpgrades$65.00+19.38%2023-08-14
Raymond James
Top 13%
88
BuyMaintains$62.00+13.87%2023-08-03
Truist Securities
Top 9%
92
Strong BuyMaintains$66.00+21.21%2023-08-03
Stifel Nicolaus
Top 24%
77
Strong BuyMaintains$52.00-4.50%2023-05-31
Morgan Stanley
Top 14%
87
Strong SellMaintains$41.00-24.70%2023-05-16
Baird
Top 7%
94
HoldMaintains$53.00-2.66%2023-05-04
Benchmark
Top 23%
78
Strong BuyReiterates$51.00-6.34%2023-04-10

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Forecast return on equity

Is PSN forecast to generate an efficient return?
Company
10.05%
Industry
36.24%
Market
48.56%
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
4.72%
Industry
12.6%
PSN is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PSN earnings growth forecast

How is PSN forecast to perform vs Information Technology Services companies and vs the US market?
Company
59.5%
Industry
77.42%
Market
67.2%
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
-9.2%
Industry
7.39%
Market
12.79%
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$54.45$55.71+2.32%Buy
SAIC$106.92$114.40+7.00%Hold
G$35.87$43.88+22.32%Hold
EXLS$28.03$35.68+27.29%Buy
CLVT$6.75$8.31+23.16%Hold

Parsons Stock Forecast FAQ

Is Parsons Stock a good buy in 2023, according to Wall Street analysts?

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

Out of 7 analysts, 4 (57.14%) 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 1 (14.29%) 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 forecast return on equity (ROE) for 2023-2024?

(NYSE: PSN) forecast ROE is 10.05%, which is considered weak.

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 $55.71, with the highest PSN stock price forecast at $66.00 and the lowest PSN stock price forecast at $41.00.

On average, Wall Street analysts predict that Parsons's share price could reach $55.71 by Aug 14, 2024. The average Parsons stock price prediction forecasts a potential upside of 2.32% from the current PSN share price of $54.45.

What is PSN's forecast return on assets (ROA) for 2023-2024?

(NYSE: PSN) forecast ROA is 4.72%, which is lower than the forecast US Information Technology Services industry average of 12.6%.
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