PSN Parsons Services Company

NEUTRAL Impact: 4/10 PRESS-RELEASE
Horizon weeks Filed May 12, 2026 Processed 1mo ago Wire GlobeNewswire
Press release: contract
Latest settled — T+5d ⚠ clustered
PSN ▼ -2.31% at T+5d
NEUTRAL call ✗ call lost -2.31% · α vs SPY -2.39% · entry $52.70 → $51.48
Next anchor: T+20d due 5d ago
Last close $56.70 (close Jun 12) · +7.59% from $52.70 entry
Entry anchored
May 11, 03:59 PM ET
via Databento tick
T+1d
-4.48%
call -4.48% · α -5.05%
$50.34
settled 5w ago
T+5d
-2.31%
call -2.31% · α -2.39%
$51.48
settled 27d ago
T+20d
call — · α —
due 5d ago
T+60d
call — · α —
in 7w

Price Chart

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Executive Summary

Parsons Corporation won a $136 million ceiling-value MATOC contract from the U.S. Air Force for architect-engineer services at Hill AFB. The 8.5-year contract represents new work for the company and supports mission-critical infrastructure modernization.

Key Financial Metrics

Deal Value
$136.0M

Actionable Insight

The contract is modest relative to Parsons' $5.2B market cap and backlog. Monitor future task order awards under this MATOC for revenue visibility. The stock has been underperforming (avg -10.7% T+20 on prior reports), so this neutral news is unlikely to reverse the trend alone.

Key Facts

  • Contract ceiling value: $136 million
  • Performance period: 8.5 years
  • New work for Parsons (not a renewal)
  • Multiple award task order contract (MATOC) — revenue depends on task order wins
  • Scope includes design, alteration, repair of airfields, buildings, utilities, and cybersecurity services

Financial Impact

$136 million ceiling value over 8.5 years; actual revenue uncertain as task orders are competed

revenuebacklog

Risk Factors

  • Task order competition — no guaranteed minimum revenue
  • Government budget uncertainty could delay or reduce task orders
  • Historical stock underperformance suggests market may not reward this contract

Market Snapshot

Exchange
NYSE
Sector
Services-Computer Integrated Systems Design
Analyst Consensus
67% bullish (18 analysts)

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3292620
21 reports for PSN
Performance horizon
86% Hit rate 6 of 7 directional calls best @ T+20▲ +19.40%May 8, 2026
Filters
Rows
Reports for PSN — sortable, filterable
Type Now
Jun 9, 2026
5d ago
Press Release
BULLISH ★ 5/10
$57.84 awaiting T+1awaiting T+1$56.70 (−1.97%)
Jun 8, 2026
6d ago
Press Release
BULLISH ★ 6/10
$58.74 awaiting T+1awaiting T+1$56.70 (−3.46%)
Jun 3, 2026
11d ago
Press Release
BULLISH ★ 5/10
$59.95 $60.64▲ +1.15%▲ +0.75%$56.70 (−5.42%)
May 12, 2026
4w ago
Press Release
NEUTRAL ★ 4/10
$52.70 $50.34▼ −4.48%▼ −5.05%$56.70 (+7.59%)
May 8, 2026
5w ago
Insider Cluster
BULLISH ★ 5/10
$50.38 $51.48▲ +2.18%▲ +2.25%$56.70 (+12.54%)
May 8, 2026
5w ago
Insider Cluster
BULLISH ★ 6/10
$49.18 $48.74▼ −0.89%▼ −1.13%$56.70 (+15.29%)
May 8, 2026
5w ago
Insider Cluster
NEUTRAL ★ 4/10
$49.18 $48.74▼ −0.89%▼ −1.13%$56.70 (+15.29%)
Apr 29, 2026
6w ago
Press Release
MIXED ★ 5/10
$50.30 $50.41▲ +0.22%▼ −0.80%$56.70 (+12.72%)
Apr 27, 2026
6w ago
Press Release
BULLISH ★ 7/10
$51.50 $51.84▲ +0.66%▲ +1.15%$56.70 (+10.10%)
Apr 20, 2026
7w ago
Press Release
NEUTRAL ★ 4/10
$54.92 $54.37▼ −1.00%▼ −0.35%$56.70 (+3.24%)
Showing 10 of 21

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