On May 5, 2025, Parsons (PSN, Financial) received a revised stock rating from analyst Sheila Kahyaoglu at Jefferies. The rating was downgraded from 'Buy' to 'Hold'.
Jefferies also adjusted the price target for Parsons (PSN, Financial), lowering it from a previous $75.00 USD to $65.00 USD. This adjustment represents a 13.33% decrease in the price target.
Investors tracking Parsons (PSN, Financial) should note these significant changes as issued by Jefferies, impacting the stock's outlook and valuation.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for Parsons Corp (PSN, Financial) is $80.23 with a high estimate of $100.00 and a low estimate of $65.00. The average target implies an upside of 27.74% from the current price of $62.81. More detailed estimate data can be found on the Parsons Corp (PSN) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, Parsons Corp's (PSN, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Parsons Corp (PSN, Financial) in one year is $87.67, suggesting a upside of 39.58% from the current price of $62.81. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Parsons Corp (PSN) Summary page.
