On July 16, 2025, Keybanc analyst Eric Heath announced an updated price target for Parsons (PSN, Financial), raising it from $73.00 to $82.00. This adjustment represents a 12.33% increase from the previous target, reflecting a more bullish outlook on the stock's potential.
Despite the adjustment in price target, Eric Heath maintains an "Overweight" rating for the stock. This suggests that the analyst expects Parsons (PSN, Financial) shares to outperform in comparison to other stocks in the market.
Investors and market participants closely follow such changes in price targets and ratings, as they can offer insights into the stock's future performance and potential growth. The current analyst sentiment indicates a favorable outlook for Parsons (PSN, Financial), supporting its continued prominence in the market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Parsons Corp (PSN, Financial) is $82.15 with a high estimate of $95.00 and a low estimate of $65.00. The average target implies an upside of 11.72% from the current price of $73.53. More detailed estimate data can be found on the Parsons Corp (PSN) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, Parsons Corp's (PSN, Financial) average brokerage recommendation is currently 2.3, 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 $81.95, suggesting a upside of 11.45% from the current price of $73.53. 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.
