PSN Parsons Services Company

NEUTRAL Impact: 3/10 PRESS-RELEASE
Horizon months Filed Apr 1, 2026 Processed 2mo ago Wire GlobeNewswire
Press release: contract
Latest settled — T+20d ⚠ clustered
PSN ▼ -8.69% at T+20d
NEUTRAL call ✗ call lost -8.69% · α vs SPY -18.42% · entry $55.09 → $50.30
Next anchor: T+60d in 19d
Currently $58.51 · +6.21% from $55.09 entry
Entry anchored
Mar 31, 03:59 PM ET
via Databento tick
T+1d
+2.23%
call +2.23% · α +2.15%
$56.32
settled 2mo ago
T+5d
+3.70%
call +3.70% · α -0.06%
$57.13
settled 2mo ago
T+20d
-8.69%
call -8.69% · α -18.42%
$50.30
settled 6w ago
T+60d
call — · α —
in 19d

Price Chart

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Executive Summary

Parsons Corporation (PSN) announced a new contract to serve as project management consultant for the Al Ittihad Sports Village in Jeddah, Saudi Arabia, marking new work aligned with Saudi Vision 2030. The project includes design and development of sports, training, and commercial facilities, leveraging Parsons' global sports infrastructure expertise. While the contract advances its footprint in Saudi Arabia, no financial terms were disclosed.

Actionable Insight

Monitor for future disclosures on contract value or scope expansion; absence of financial details limits near-term trading impact. This win reinforces Parsons’ strategic positioning in Saudi infrastructure but does not materially alter fundamentals at this stage.

Key Facts

  • Parsons awarded contract to serve as project management consultant for Al Ittihad Sports Village in Jeddah, Saudi Arabia.
  • Project includes club headquarters, training facilities, performance centers, administrative buildings, and commercial assets.
  • Development aims to meet FIFA standards and international best practices.
  • No financial terms, including contract value or duration, were disclosed.
  • Parsons has over 3,000 employees in Saudi Arabia and has operated there since 1958.

Financial Impact

Unknown — no dollar value or revenue impact disclosed

revenuebacklog

Risk Factors

  • Contract lacks disclosed value, making revenue impact speculative.
  • Project execution risks in a foreign jurisdiction with complex regulatory and logistical environments.

Market Snapshot

Exchange
NYSE
Sector
Services-Computer Integrated Systems Design

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3266423
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
today
Press Release
BULLISH ★ 5/10
awaiting T+1
Jun 8, 2026
1d ago
Press Release
BULLISH ★ 6/10
$58.74 awaiting T+1awaiting T+1$58.51 (−0.38%)
Jun 3, 2026
6d ago
Press Release
BULLISH ★ 5/10
$59.95 $60.64▲ +1.15%▲ +0.75%$58.51 (−2.40%)
May 12, 2026
28d ago
Press Release
NEUTRAL ★ 4/10
$52.70 $50.34▼ −4.48%▼ −5.05%$58.51 (+11.02%)
May 8, 2026
4w ago
Insider Cluster
BULLISH ★ 5/10
$50.38 $51.48▲ +2.18%▲ +2.25%$58.51 (+16.14%)
May 8, 2026
4w ago
Insider Cluster
BULLISH ★ 6/10
$49.18 $48.74▼ −0.89%▼ −1.13%$58.51 (+18.97%)
May 8, 2026
4w ago
Insider Cluster
NEUTRAL ★ 4/10
$49.18 $48.74▼ −0.89%▼ −1.13%$58.51 (+18.97%)
Apr 29, 2026
5w ago
Press Release
MIXED ★ 5/10
$50.30 $50.41▲ +0.22%▼ −0.80%$58.51 (+16.32%)
Apr 27, 2026
6w ago
Press Release
BULLISH ★ 7/10
$51.50 $51.84▲ +0.66%▲ +1.15%$58.51 (+13.61%)
Apr 20, 2026
7w ago
Press Release
NEUTRAL ★ 4/10
$54.92 $54.37▼ −1.00%▼ −0.35%$58.51 (+6.54%)
Showing 10 of 21

US Market Status

Market Closed — Opens Thu (10h 56m)

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