$PSN

PARSONS CORP

AlphAI earnings readSecond Quarter 2026 · JUL 29 · NEXT OCT 28Parsons Reports Second Quarter 2026 ResultsVerdict: mixed

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Parsons receives federal approval for PFAS soil cleanup tech

Parsons Corporation (PSN) received federal approval for its PFAS soil cleanup technology. The U.S. Department of War's programs approved its thermal conduction heating tech, allowing direct contracts with federal agencies. The tech removes PFAS from soil on-site, avoiding transport to disposal facilities. Parsons aims to support U.S. government-led cleanup efforts.

Defense Contractors Stocks Q2 Recap: Benchmarking AeroVironment (NASDAQ:AVAV)

AeroVironment (AVAV) stock fell 7.7% post-earnings despite a solid quarter. Parsons (PSN) reported flat revenue, missing estimates, and guidance fell short, causing its stock to drop 29.4%. Leidos (LDOS) beat revenue and EBITDA estimates, with stock up 1.9%. General Dynamics (GD) reported 8.1% revenue growth, beating estimates, but stock fell 15.3%. Market focus shifted from AI to geopolitics and back to fundamentals.

PSN sentiment & insider activity

Over the past 7 days, AlphAI's AI scored 3 news stories mentioning PSN (PARSONS CORP). Coverage has skewed bullish: 3 bullish, 0 neutral, and 0 bearish.

Recent PSN coverage spans earnings, financial news and regulation.

What's driving PSN

AlphAI scores every news story that mentions PSN with an AI model for sentiment and relevance, and aggregates insider trades from PARSONS CORP's SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $PSN

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$PSNMed

Parsons receives federal approval for PFAS soil cleanup tech

Parsons Corporation (PSN) received federal approval for its PFAS soil cleanup technology. The U.S. Department of War's programs approved its thermal conduction heating tech, allowing direct contracts with federal agencies. The tech removes PFAS from soil on-site, avoiding transport to disposal facilities. Parsons aims to support U.S. government-led cleanup efforts.

Defense Contractors Stocks Q2 Recap: Benchmarking AeroVironment (NASDAQ:AVAV)

AeroVironment (AVAV) stock fell 7.7% post-earnings despite a solid quarter. Parsons (PSN) reported flat revenue, missing estimates, and guidance fell short, causing its stock to drop 29.4%. Leidos (LDOS) beat revenue and EBITDA estimates, with stock up 1.9%. General Dynamics (GD) reported 8.1% revenue growth, beating estimates, but stock fell 15.3%. Market focus shifted from AI to geopolitics and back to fundamentals.

$PSNLow

PSN Sheds Over $2.6B In Valuation As PSN Stock Suffers Worst-Ever Single-Day Crash – What’s Driving The Pessimism?

Parsons (PSN) stock fell 40% after Q2 earnings missed estimates and the company cut its 2026 revenue and EBITDA forecasts. Revenue dropped 1% to $1.6B, and loss per share was $0.06 vs. expected profit. The company cited divestitures and project timing as reasons. CEO Carey Smith attributed the changes to timing, not demand. The stock is down 40% YTD.

Defense Contractors Stocks Q2 Highlights: Lockheed Martin (NYSE:LMT)

Parsons (PSN) reported flat Q2 revenue of $1.58B, missing estimates, and lowered guidance, causing its stock to drop 29.3%. RTX (RTX) reported $24.71B in revenue, up 14.5%, beating estimates, but its stock fell 1%. Leidos (LDOS) reported $4.56B in revenue, up 7.2%, beating estimates, and its stock rose 5%. The market has shifted focus from AI to geopolitics and back to fundamentals.

Analysts Are Bullish on Top Technology Stocks: Salesforce (CRM), Workiva (WK)

Analysts from Cantor Fitzgerald and Stifel Nicolaus maintained Buy ratings on Salesforce (CRM) and Workiva (WK) with price targets of $300 and $95, respectively. Salesforce's consensus target is $271.88, implying 8% upside. Workiva's consensus target is $89.20, suggesting 19.6% upside. Parsons (PSN) also received a Buy rating from Truist Financial with a consensus target of $58.

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