13h agoSeeking AlphaNEUTRAL 50Earnings
Parsons Corporation 2026 Q2 - Results - Earnings Call Presentation
2026-07-29. The following slide deck was published by Parsons Corporation in conjunction with their 2026 Q2 earnings call.
Archived explainer. For the current picture see today's PSN page.
Why Is PARSONS CORP DEL (PSN) Stock Down Today?
By the Top Tier Newswire AI Desk · July 30, 2026 at 12:02 AM ET · reviewed against 13 wire stories
PARSONS CORP DEL (PSN) is down -35.00% in the latest session. Our newswire has captured 13 stories on PSN across 9 sources in the last 36 hours, with AI sentiment reading mixed (avg 49/100).
Why PSN stock is down today
Parsons Corporation stock fell 35 percent to $40.32 in a single session. The sharp decline followed the company's decision to cut its full-year 2026 revenue outlook to a range of $6.2 billion to $6.5 billion from a previous forecast of $6.5 billion to $6.8 billion. This downward revision signaled to investors that the company is facing more significant headwinds than previously anticipated.
What Happened
Parsons outlined its revised 2026 revenue guidance during its Q2 2026 earnings call on July 29. The company also announced it is targeting the closure of a divestiture in Q3 2026. While the company reported strong contract wins and a resilient backlog, it experienced a dip in revenue and headline earnings due to one-off charges. The management highlighted progress in strategic portfolio actions but did not provide sufficient reassurance to offset the concerns raised by the revised revenue outlook.
What The Data Shows
The stock has fallen 28.8 percent over the last eight sessions, moving from $56.62 to $40.32. The company's market cap is now $6.4 billion, with a P/E ratio of 29.6 and a net margin of 3.6 percent. Trailing twelve-month revenue is down 6.9 percent. Despite the recent sell-off, insiders have been buying shares in the past 90 days, with four transactions totaling $2.1 million. The most recent insider purchase occurred on May 14.
What To Watch
The company is expected to continue its strategic portfolio actions and work toward closing the targeted divestiture in Q3 2026. Investors will also be watching for further updates on its full-year revenue guidance and how management plans to address the margin pressures highlighted in the earnings report.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Not financial advice.
PSN by the numbers
Last: $40.32Session: -35.00%7 sessions: -28.79%Coverage: 13 stories / 9 sourcesAI sentiment: 49/100 (mixed)Mkt cap: $6.4BP/E: 29.652w: $46.88 to $89.50
The headlines behind the move
15h agoSeeking AlphaBULLISH 56General
Parsons outlines 2026 revenue of $6.2B-$6.5B while targeting divestiture close in Q3 2026
15h agoSeeking AlphaNEUTRAL 50Earnings
Parsons Corporation (PSN) Q2 2026 Earnings Call Transcript
Parsons Corporation (PSN) Q2 2026 Earnings Call July 29, 2026 8:00 AM EDTCompany ParticipantsDavid Spille - Senior Vice President of Investor RelationsCarey...
15h agoThe Motley FoolBEARISH 32General
Why Shares of Parsons Are Plunging Today
The company beat on the bottom line, but investors are emphasizing something else altogether.
17h agoStocktwits NewsBEARISH 22Earnings
PSN Sheds Over $2.6B In Valuation As PSN Stock Suffers Worst-Ever Single-Day Crash – What’s Driving The Pessimism?
Parsons cut its full-year 2026 revenue outlook to $6.2 billion to $6.5 billion, down from $6.5 billion to $6.8 billion.
20h agoMarketChameleonBULLISH 58Earnings
Strong Contract Wins, Resilient Backlog, and Portfolio Actions Define Parsons' Q2 2026 Performance Amid Margin Pressures July 29, 2026
Despite a dip in revenue and headline earnings due to one-off charges, Parsons (PSN) delivers robust contract wins, maintains industry-leading book-to-bill ratios, and achieves critical progress in strategic portfolio realignment, with adjusted results painting a picture of underlying strength.
20h agoInvesting.com MarketsBULLISH 56Earnings
GE HealthCare, Ford rise post earnings, Parsons tanks premarket
GE HealthCare, Ford rise post earnings, Parsons tanks premarket
21h agoBarron'sBULLISH 56General
S&P 500 Futures Rise in Premarket Trading; Parsons, CoStar Group Lag
With U.S. stock markets set to open in two hours, GE HealthCare Technologies Inc. (GEHC) was up 12.6% in pre-market trading, and Manhattan Associates Inc. (MANH) was up 10.8%.
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More on PSN: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier PSN move explainers: 2026-07-30 · 2026-07-29