TD Cowen has upgraded Parsons Corp (PSN) to a Buy rating from Hold, signaling a more optimistic outlook on the company's future. This decision, effective December 9, 2025, comes as Parsons Corp trades at $65.80 per share and boasts a market capitalization of $6.7 billion.
Parsons Corp, headquartered in Centreville, Virginia, is a disruptive technology provider in the national security and global infrastructure sectors. The company employs approximately 19,600 full-time staff and operates through its Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment specializes in advanced technologies that support national security missions, while the Critical Infrastructure segment focuses on integrated engineering and management services for complex infrastructure projects.
The upgrade reflects an enhanced view of Parsons' fundamentals, possibly due to better-than-expected business performance or increased confidence in its strategic direction. Analyst sentiment can be influential, but it is essential for investors to consider a range of factors, including company fundamentals, competitive positioning, and broader industry trends.
As of December 1, 2025, the analyst consensus for Parsons Corp indicates a Buy rating, with 6 Strong Buy, 5 Buy, and 4 Hold ratings among 15 analysts. The company recently reported strong earnings results, with a Q3 2025 EPS of $0.86, surpassing estimates by 13.4%. Upcoming earnings are anticipated on August 4, 2026, with an estimated EPS of $0.86 and revenue of $1.7 billion.
Such decisions reflect the dynamic nature of analyst ratings, which can shift as new information becomes available. Investors should view these ratings as part of a broader investment strategy rather than the sole basis for financial decisions.