On June 24th, 2025, Stifel analyst Jonathan Siegmann reinstated a "Buy" rating for Parsons (PSN, Financial). This comes with the announcement of a price target set at $81.00 USD. This move marks a notable development as there was no prior price target established by Stifel for Parsons at this time.
The new rating and price target reflect Stifel's renewed confidence in the prospects of Parsons (PSN, Financial). The decision to set the price target at $81.00 underscores a positive outlook for the company's stock performance.
Investors looking at Parsons (PSN, Financial) can consider this analyst update as a significant indicator of the stock's potential, given the "Buy" rating assigned by an established firm like Stifel.
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 $80.12 with a high estimate of $95.00 and a low estimate of $65.00. The average target implies an upside of 17.77% from the current price of $68.03. 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 $81.82, suggesting a upside of 20.27% from the current price of $68.03. 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.
