Parsons (PSN) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.89
- Estimate
- $0.78
- Surprise
- +13.5%
- Revenue (period 2026-09-30)
- $1.65B
- Score today
- 5.1/10
Revenue source: xbrl.
How the report landed
Parsons (PSN) beat the $0.78 estimate with adjusted EPS of $0.89 — a large 13.5% upside surprise.
Coverage in the report window
- UBS Maintains Buy on Parsons, Raises Price Target to $64 — benzinga, 2026-10-29
- Persimmon Shares Decline Following Government's 'Your First Home' Scheme Announcement — fiscal.ai, 2026-10-29
- Parsons Corporation Announces Chief Financial Officer Transition — fiscal.ai, 2026-10-28
Where TrendMatrix's rating stands now
TrendMatrix currently rates PSN Sell at 5.1/10; no pre/post engine snapshot brackets this report.
3 of the last 4 quarters beat the estimate; this quarter's +13.5% surprise compares with a +9.5% four-quarter average. Next scheduled report: 2027-02-10.
What argues against it
- Concentration risk — Customer: U.S. federal government
- Quality below floor (3.2 < 4.0)
- Momentum score 4.0/10 — below 4.5 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $49.81
- Price target
- $52.12
- Stop
- $46.32
- Upside to target
- +4.6%
- Reward-to-risk
- 0.3:1
The stock trades at 36.3× trailing but 14.5× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 72 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.
PSN at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Information Technology Services
- Market cap
- $5.21B
- P/E (fwd)
- 14.5
- P/E (ttm)
- 36.3
- 52-week range
- $36.26–$88.00
- Off 52-week high
- 43.4%
- RSI (14)
- 72
- Volume vs avg
- 0.06×
- Score today
- 5.1/10