Parsons ( (PSN) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Parsons Corp’s stock recently experienced a significant decline following their Q4 earnings report, which, despite achieving record revenue and EBITDA growth, failed to meet consensus expectations. The drop was primarily due to legacy construction charges and lower-than-expected 2025 guidance related to a confidential contract. As a result, analysts from firms such as Baird, KeyBanc, and Truist have lowered their price targets for Parsons. Despite this, there is still optimism about Parsons’ long-term growth potential thanks to its strategic positioning and alignment with federal spending priorities. Notably, William Blair upgraded the stock to ‘Outperform,’ reflecting improved industry sentiment and expected EBITDA growth, highlighting Parsons’ resilience and plans to enhance shareholder value through strategic acquisitions and capital deployment.
More about Parsons
YTD Price Performance: -28.10%
Average Trading Volume: 1,155,318
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $7.8B
For further insights into PSN stock on TipRanks’ Stock Analysis page.
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