$PSN

Kratos (KTOS) stock fell 5.7% post-earnings, trading at $264.54. Parsons (PSN) missed revenue expectations, down 30.7% to $43. General Dynamics (GD) beat estimates, up 8.1% YoY, but stock dropped 14.2% to $337.47. KBR (KBR) reported 1.6% YoY revenue growth, beating expectations, stock down 4% to $34.50.

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.

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 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.

Parsons (PSN) reported flat Q2 revenue of $1.58B, missing estimates, and lowered full-year guidance, causing its stock to drop 26.3%. Leidos (LDOS) reported $4.56B in revenue, up 7.2%, beating estimates, and its stock rose 8.3%. RTX (RTX) reported $24.71B in revenue, up 14.5%, exceeding expectations, and its stock increased 1.5%.

Parsons (PSN) reported flat Q2 revenue of $1.58B, missing estimates, and lowered full-year guidance, causing its stock to drop 26.3%. BWX (BWXT) reported $901.6M revenue, up 18%, meeting expectations and beating EBITDA guidance. RTX (RTX) reported $24.71B revenue, up 14.5%, beating expectations and raising EPS guidance. The stock is up 3.2% since reporting.

Parsons Corp. secured two task orders from the U.S. Energy Department's National Nuclear Security Administration for counter-nuclear smuggling initiatives. The contracts, valued at $90 million, cover 25 countries and run through 2031. Parsons has seven task orders under this program, supporting nonproliferation and national security efforts.

Parsons Corp (PSN) secured task orders for nuclear security operations in the Middle East and Africa, valued at nearly $90 million. The GF Value™ metric suggests PSN is 37.9% undervalued, trading at $49.36 vs. an intrinsic value of $79.54. The company has a GF Score™ of 78/100, indicating strong fundamentals. Insiders have bought $3.1 million in shares over the past year.

Parsons (NYSE: PSN) received two new task orders for counter-nuclear smuggling systems in 25 countries, extending through July 2031. The awards, worth $90 million, expand its CNSSD portfolio to seven task orders. Parsons holds one of two positions on the $1 billion CNSSD MATOC contract.

Parsons won a $514M, two-year contract extension from the Missile Defense Agency for engineering support of the integrated missile defense system. The work includes studies, analysis, and oversight for ballistic and hypersonic missile threats. This extends a 2021 agreement under the TEAMS Next contract.