PSN Parsons Services Company
Price Chart
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
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
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3266423 |
Filters
| Type | Now | ||||
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Jun 9, 2026
today
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Press Release
| — | awaiting T+1 | — | — |
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Jun 8, 2026
1d ago
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Press Release
| $58.74 awaiting T+1 | awaiting T+1 | — | $58.51 (−0.38%) |
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Jun 3, 2026
6d ago
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Press Release
| $59.95 $60.64 | ▲ +1.15% | ▲ +0.75% | $58.51 (−2.40%) |
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May 12, 2026
28d ago
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Press Release
| $52.70 $50.34 | ▼ −4.48% | ▼ −5.05% | $58.51 (+11.02%) |
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May 8, 2026
4w ago
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Insider Cluster
| $50.38 $51.48 | ▲ +2.18% | ▲ +2.25% | $58.51 (+16.14%) |
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May 8, 2026
4w ago
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Insider Cluster
| $49.18 $48.74 | ▼ −0.89% | ▼ −1.13% | $58.51 (+18.97%) |
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May 8, 2026
4w ago
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Insider Cluster
| $49.18 $48.74 | ▼ −0.89% | ▼ −1.13% | $58.51 (+18.97%) |
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Apr 29, 2026
5w ago
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Press Release
| $50.30 $50.41 | ▲ +0.22% | ▼ −0.80% | $58.51 (+16.32%) |
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Apr 27, 2026
6w ago
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Press Release
| $51.50 $51.84 | ▲ +0.66% | ▲ +1.15% | $58.51 (+13.61%) |
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Apr 20, 2026
7w ago
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Press Release
| $54.92 $54.37 | ▼ −1.00% | ▼ −0.35% | $58.51 (+6.54%) |
US Market Status
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